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Capricorn Tower, Sheikh Zayed Road

Capricorn Tower, Sheikh Zayed Road

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Sheikh Zayed Road, Dubai

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Strengths

Prime Location

Modern Facilities

Panoramic Views

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking Spaces

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Buildign Overview

Summary

  • Capricorn Tower is a prominent office and residential building located on the bustling Sheikh Zayed Road, one of Dubai's major thoroughfares.
  • The tower is strategically positioned near key landmarks such as the Dubai World Trade Centre and various shopping malls.
  • Residents and tenants benefit from excellent connectivity through the Metro system, with nearby stations providing easy access to the rest of the city.
  • When comparing Capricorn Tower to adjacent buildings, it stands out for its modern architecture and prime location.

Properties Overview

  • The building offers a mix of rental and sale properties, with an emphasis on apartments and office spaces.
  • The most sought-after units include one- and two-bedroom apartments, appealing to both families and professionals.
  • Rental prices typically range from AED 80,000 to AED 120,000 annually, while sales prices can vary significantly based on unit size and layout.

Market Trends

  • Over the past year, rental prices have seen a steady increase due to rising demand for residential units in the area.
  • Properties in Capricorn Tower have demonstrated promising returns on investment (ROI), making it an attractive option for investors.
  • Future expectations indicate a continued demand for residential properties on Sheikh Zayed Road, driven by ongoing infrastructure developments.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to essential services, including supermarkets, pharmacies, and schools.
  • Nearby hospitals and clinics provide comprehensive healthcare options for families and individuals.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro, with a station a short walk from the tower.
  • Ample parking space is available for residents and guests, enhancing accessibility to surrounding areas.

Lifestyle Amenities

  • Capricorn Tower features a wide range of lifestyle amenities including gyms, restaurants, and cafes.
  • Proximity to several luxury hotels and recreational parks provides residents with a vibrant living experience.

Builing Facilities

  • Modern facilities in Capricorn Tower include high-speed elevators, state-of-the-art security systems, and centralized air conditioning.
  • Regular maintenance services ensure a comfortable living and working environment for all occupants.

Special Services

  • The building offers concierge services, assisting residents with their varying needs.
  • Additional business centers are available for professionals looking for work spaces within the tower.

Planning Your Move or Investment

Floor Plans and Property Types

  • Capricorn Tower features diverse floor plans, ensuring options for singles, families, and investors.
  • Layouts range from compact studios to spacious three-bedroom apartments, catering to a variety of lifestyle preferences.

Things to Consider

  • Before making a decision, potential tenants and buyers should evaluate their preferences regarding space, amenities, and budget.
  • It's advisable to visit the property in person and review all available options before committing.

Useful FAQs and Support

Events and Building Life

Building Events

  • Capricorn Tower hosts regular community events, fostering a sense of belonging among residents and tenants.
  • Social gatherings are organized throughout the year, providing opportunities for networking and leisure.

Community Identity

  • The building is recognized for its eco-friendly initiatives and community-focused lifestyle.
  • An artistic representation of local culture is displayed within the premises, enhancing its unique identity.

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Detailed Buiding Insights

1. Family Friendliness

The community offers a suitable environment for families with children, including nearby schools and parks, though some areas may be more suited for young professionals.

Moderately Welcoming

2. Living Options

Capricorn Tower provides a range of living options from luxurious apartments to more modest units, catering to various preferences and budgets.

Diverse Selection

3. Safety And Security

The tower is well-guarded with 24/7 security and surveillance systems, which creates a sense of safety for residents.

Highly Secure

4. Transportation

Being located on Sheikh Zayed Road ensures easy access to multiple forms of transportation including metro, buses, and taxis, making commuting hassle-free.

Extremely Convenient

5. Amenities And Facilities

The tower features modern amenities including a gym, swimming pool, and recreation areas, providing residents with a comfortable lifestyle.

Richly Equipped

6. Cost Of Living

The cost of living in Capricorn Tower is on the higher side compared to other areas, reflecting the desirable location and quality of the apartments.

Relatively High

7. Things To Do

Residents have access to a variety of entertainment options including dining, shopping, and nightlife, which is abundant due to the central location.

Vibrantly Diverse

8. Noise Levels

Due to its central location on a major road, noise levels can be higher during peak hours, although well-insulated apartments mitigate this.

Moderately Noisy

9. Pet Friendliness

Capricorn Tower allows pets, though some restrictions may apply, and there are nearby parks suitable for pet owners.

Accommodating

Schools

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Key Information

Developer: Union Properties

Building Type: Mixed-use

Building Age: 21 years(completed in 2003)

Unit Types : 2, 3 and 4-bedroom apartments and duplex penthouses

Floors: 48

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

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