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Capital Bay Tower B, Business Bay

Capital Bay Tower B, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainability Features

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Located in the vibrant Business Bay district, Capital Bay Tower B boasts a prime waterfront position, providing picturesque views of the Dubai Canal.
  • The building features modern architectural design and is equipped with state-of-the-art amenities, making it an attractive location for businesses and residents.
  • In proximity to major landmarks such as Burj Khalifa and the Dubai Mall, it ensures easy access to leisure and commercial facilities.
  • Public transportation options are readily available, including nearby metro stations and bus routes that enhance connectivity to other parts of Dubai.

Properties Overview

  • Capital Bay Tower B offers a range of residential and commercial units, catering to diverse needs from studios to spacious multi-bedroom apartments.
  • Rental prices for residential units typically range from AED 70,000 to AED 150,000 annually, while sale prices can vary significantly based on unit type and size.
  • The property is particularly popular among young professionals and families seeking a modern lifestyle in a prime location.

Market Trends

  • The real estate market in Business Bay has shown robust growth, with rental rates increasing by approximately 5% over the past year driven by high demand.
  • Sales prices are anticipated to rise as new developments in the area attract more residents and businesses.
  • Investors can expect a strong return on investment (ROI), averaging around 8% for rental properties in this sought-after area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from a variety of nearby amenities, including supermarkets, schools, and healthcare facilities.
  • Renowned schools and educational institutions are within a short drive, making it ideal for families.
  • Top-tier healthcare services, including hospitals and clinics, are easily accessible, ensuring residents' health and wellness.

Transportation and Accessibility

  • Efficient public transportation options, such as the Dubai Metro and bus services, make commuting convenient.
  • Ample parking facilities are provided for residents and visitors, enhancing accessibility to and from the building.
  • Strategically located, Capital Bay Tower B allows quick access to Sheikh Zayed Road and other major highways.

Lifestyle Amenities

  • The tower features excellent lifestyle amenities, including a modern fitness center, rooftop pool, and communal lounge areas.
  • Numerous dining options, ranging from casual cafés to fine dining restaurants, are located nearby to cater to diverse tastes.
  • Recreational opportunities abound with parks, walking trails, and leisure activities in the surrounding area.

Builing Facilities

  • Capital Bay Tower B is equipped with advanced security systems, ensuring a safe environment for all residents.
  • The building also features high-speed elevators, central air conditioning, and regular maintenance services for enhanced comfort.

Special Services

  • Residents can take advantage of concierge services that assist with everyday needs and inquiries.
  • Business centers within the building cater to professionals, providing meeting rooms and workspace solutions.

Planning Your Move or Investment

Floor Plans and Property Types

  • Capital Bay Tower B presents a range of flexible floor plans, including one, two, and three-bedroom units designed for comfort and functionality.
  • Investors can find both furnished and unfurnished options to suit a variety of lifestyle needs.

Things to Consider

  • Prospective renters and buyers should evaluate unit floor plans, maintenance fees, and the overall neighborhood vibe before making a decision.
  • Consider potential rental yields and property appreciation when investing.

Useful FAQs and Support

Events and Building Life

Building Events

  • Capital Bay Tower B fosters a sense of community through regular events and gatherings, enhancing resident interaction.
  • Seasonal festivities and organized activities help build a vibrant living culture within the property.

Community Identity

  • Designed as a fusion of luxury and modernity, Capital Bay Tower B stands out with its contemporary style and prime location.
  • Its identity is shaped by a commitment to providing a balanced lifestyle, blending work, leisure, and community.

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Detailed Buiding Insights

1. Family Friendliness

Capital Bay Tower B has several family-oriented amenities, such as playgrounds and childcare services, making it a decent choice for families. However, the high-rise environment might not appeal to everyone.

Moderately Welcoming

2. Living Options

The tower offers a variety of apartments ranging from studios to spacious three-bedroom units, catering to different preferences and budgets.

Diverse Selection

3. Safety And Security

The building is equipped with state-of-the-art security features, including CCTV surveillance, controlled access, and 24/7 security personnel, ensuring residents feel safe at all times.

Highly Secure

4. Transportation

Located in Business Bay, the tower is well-connected to public transportation options, including metro stations and bus routes, making commuting easier for residents.

Conveniently Accessible

5. Amenities And Facilities

Residents benefit from a range of facilities, including a swimming pool, fully-equipped gym, sauna, and several communal spaces, contributing to a comfortable lifestyle.

Richly Equipped

6. Cost Of Living

While the cost of living reflects the luxury and amenities available, it may be considered high compared to other neighborhoods in Dubai, which might deter budget-conscious individuals.

Relatively High

7. Things To Do

The surrounding area offers numerous dining, shopping, and entertainment options, including parks and cultural sites, providing residents with plenty of activities.

Vibrantly Engaging

8. Noise Levels

Being in a bustling business district can lead to higher noise levels during weekdays, although quieter evenings and weekends help balance the overall noise experience.

Occasionally Noisy

9. Pet Friendliness

The tower allows pets, and there are nearby parks where residents can walk their dogs. However, some restrictions may apply on certain breeds or sizes.

Pet-Friendly

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Key Information

Developer:  DAMAC Properties

Building Type: Residential

Building Age: 10 years(completed in 2014)

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 22

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

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