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Clover Bay Tower, Business Bay

Clover Bay Tower, Business Bay

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Business Bay, Dubai

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Strengths

Modern Architecture

Prime Location

Excellent Amenities

Weakens

High Maintenance Fees

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Clover Bay Tower is a modern high-rise building located in the vibrant Business Bay district of Dubai, known for its strategic location and stunning views of the Dubai Canal.
  • Surrounded by thriving commercial and residential spaces, the tower is a short drive from iconic landmarks such as the Burj Khalifa and The Dubai Mall.
  • The building features contemporary architectural design and is well-connected via major roadways and public transport options, making it a prime location compared to neighboring developments.

Properties Overview

  • The tower offers a mix of luxurious apartments for rent and for sale, including one, two, and three-bedroom units that cater to various preferences.
  • Rental prices range from AED 80,000 to AED 150,000 per year, while sales prices typically start around AED 1 million.
  • Popular units boast modern interiors and amenities, making them highly sought after in the real estate market.

Market Trends

  • Over the past year, the Business Bay area has witnessed a steady increase in both rental and sales prices, with averages escalating by approximately 5-8%.
  • Return on investment (ROI) in Clover Bay Tower stands at an attractive rate of around 6-7%, signaling strong investment potential.
  • Looking ahead, the market is expected to remain bullish due to continuous demand and the area's development plans.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets, such as Carrefour, as well as several reputable educational institutions and healthcare facilities, including hospitals and clinics.

Transportation and Accessibility

  • Clover Bay Tower benefits from excellent transportation links, including easy access to the Dubai Metro and bus services, alongside ample parking space for residents and visitors.

Lifestyle Amenities

  • The building features premium lifestyle amenities such as a state-of-the-art gym, swimming pool, wellness center, and close proximity to an array of dining establishments and entertainment options.

Builing Facilities

  • Modern facilities, including high-speed elevators, 24/7 security, central air conditioning, and efficient maintenance services, ensure residents enjoy a hassle-free living experience.

Special Services

  • Exclusive concierge services, guest reception, well-equipped business centers, and other unique perks enhance the lifestyle of those living in Clover Bay Tower.

Planning Your Move or Investment

Floor Plans and Property Types

  • Clover Bay Tower provides a variety of floor plans, tailored to suit different lifestyles and family sizes, ensuring that both renters and buyers find their perfect space.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as proximity to work, lifestyle amenities, and community features when considering their move.

Useful FAQs and Support

Events and Building Life

Building Events

  • Clover Bay Tower regularly hosts community gatherings and social events, fostering a sense of community among residents and promoting an engaging lifestyle.

Community Identity

  • The building is distinguished by its modern architecture and vibrant atmosphere, making it a notable feature of Business Bay’s skyline, embodying both a cosmopolitan and community-centric feel.

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Detailed Buiding Insights

1. Family Friendliness

Clover Bay Tower provides basic amenities for families, including nearby parks and recreational areas. However, the proximity to busy commercial activities may not be ideal for very young children.

Moderately Welcoming

2. Living Options

The tower offers a variety of living options, including studio, one-bedroom, and two-bedroom apartments. This caters to a wide range of preferences and budgets.

Broadly Diverse

3. Safety And Security

The building includes 24/7 security personnel, controlled access points, and surveillance systems, ensuring a safe living environment for residents.

Robustly Secure

4. Transportation

Located in Business Bay, Clover Bay Tower offers easy access to public transportation, including the metro, and is well-connected to major roadways, facilitating convenient commuting.

Highly Convenient

5. Amenities And Facilities

The tower features a wide range of amenities such as a swimming pool, gym, children's play area, and lounge spaces, catering to all age groups and lifestyles.

Richly Equipped

6. Cost Of Living

The cost of living in Clover Bay Tower is relatively moderate for the Business Bay area, providing good value for the quality of living compared to other luxury towers.

Balancing Act

7. Things To Do

The surrounding area offers numerous dining options, shopping malls, and entertainment venues, making it an exciting place for residents to explore and enjoy.

Vibrantly Diverse

8. Noise Levels

Despite being in a busy business district, Clover Bay Tower manages to maintain relatively low noise levels, although occasional traffic sounds may be present.

Generally Peaceful

9. Pet Friendliness

While Clover Bay Tower allows pets, there are restrictions on sizes and types, which might not fully satisfy all pet owners looking for friendly accommodations.

Partially Accommodating

Schools

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Key Information

Developer: Mismak Properties

Building Type: Commercial

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

Length: 290

Unit Types : Offices and shops

Floors: 29

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

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