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Bay View Tower, Business Bay

Bay View Tower, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Scenic Views

Weakens

High Maintenance Fees

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Bay View Tower is a modern high-rise located in the heart of Business Bay, renowned for its panoramic views of the glittering Dubai skyline and the serene waters of the business bay.
  • The building is strategically situated near major transport links including the Dubai Metro and Bus services, making commuting hassle-free.
  • Residents enjoy proximity to a variety of local landmarks such as the Burj Khalifa, Dubai Mall, and a range of fine dining options.

Properties Overview

  • Bay View Tower features a diverse range of properties, including stylish studio apartments, spacious 1-bedroom and 2-bedroom units, appealing to both renters and buyers.
  • Rental prices for studios start around AED 60,000 annually, whereas 1-bedroom apartments can be found from AED 85,000 per year.
  • For those looking to purchase, prices typically start at AED 1 million for a 1-bedroom unit and AED 1.5 million for larger properties.

Market Trends

  • The real estate market in Business Bay has shown resilience, with rental rates experiencing a modest annual increase of 5-7%.
  • Sales prices have seen a steady rise, with average returns on investment (ROI) hovering around 6-8% depending on the property type.
  • As demand continues to grow, experts predict a favorable market outlook with sustained interest in prime locations like Bay View Tower.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby supermarkets, top-rated schools, and healthcare facilities, making daily life convenient.
  • Prominent healthcare providers such as Canadian Specialist Hospitals andMediclinic are just a short drive away.

Transportation and Accessibility

  • Excellent connectivity through major roadways and public transport options ensure easy access to other parts of Dubai.
  • Ample parking spaces are available for residents and visitors.

Lifestyle Amenities

  • The building offers a range of lifestyle amenities including a fully equipped gym, swimming pool, and leisure areas.
  • Various dining options and entertainment venues can be found within walking distance, enhancing the urban lifestyle.

Builing Facilities

  • Bay View Tower is equipped with high-speed elevators, comprehensive security systems, central air conditioning, and dedicated maintenance services.

Special Services

  • The building features concierge services, business centers for professionals, and guest services, aiming to enhance the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A selection of thoughtfully designed layouts are available, including open-plan studios and spacious multi-bedroom apartments, catering to various lifestyles.

Things to Consider

  • Potential tenants and buyers should consider factors such as property size, layout efficiency, amenities, and proximity to their workplaces and local attractions.

Useful FAQs and Support

Events and Building Life

Building Events

  • Bay View Tower hosts regular community events, including fitness classes, networking gatherings, and holiday celebrations, fostering a vibrant building culture.

Community Identity

  • The tower prides itself on a modern design ethos, combining luxury and functionality, making it a distinct presence in the Business Bay area.

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Detailed Buiding Insights

1. Family Friendliness

Bay View Tower has facilities and amenities that cater to families, such as playgrounds and family-friendly gatherings, promoting a sense of community among residents with children.

Moderately Welcoming

2. Living Options

The tower offers a range of apartment sizes and styles, from studios to larger family units, appealing to various demographics and lifestyles.

Diverse Choices

3. Safety And Security

With 24/7 security personnel, CCTV surveillance, and secure access points, Bay View Tower is considered one of the safer living options in Business Bay.

Remarkably Secure

4. Transportation

The location provides easy access to major roads and public transport, including metro stations, making commuting straightforward for residents.

Conveniently Accessible

5. Amenities And Facilities

Bay View Tower includes a pool, gym, and recreational areas, alongside nearby shops and cafes, ensuring residents have access to all necessary amenities.

Richly Equipped

6. Cost Of Living

While the living standards and amenities are high, the cost of renting or buying units in Bay View Tower can be on the pricier side compared to surrounding areas.

Relatively High

7. Things To Do

Business Bay offers a rich array of dining, shopping, and entertainment options, along with cultural spots like art galleries, giving residents plenty to explore.

Vibrantly Diverse

8. Noise Levels

Despite its urban location, the tower has soundproofing measures in place and is not directly adjacent to busy thoroughfares, maintaining a relatively calm environment.

Generally Peaceful

9. Pet Friendliness

While the tower is pet-friendly, certain restrictions apply. There are nearby parks for pet walks, though some residents may find it limiting.

Moderately Accommodating

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Key Information

Building Type: Commercial

Building Age: 13 years(Date of completion: 2011)

Unit Types : Commercial offices and shops

Floors: 25

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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