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Code Business Centre, Al Barsha

Code Business Centre, Al Barsha

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Al Barsha, Dubai

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Strengths

Modern Infrastructure

Prime Location

Flexible Workspaces

Weakens

Limited Parking

High Rental Costs

Noise from Surrounding Areas

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Buildign Overview

Summary

  • Code Business Centre is strategically located in Al Barsha, an area known for its vibrant business environment and easy access to major road networks.
  • The building is in proximity to popular landmarks such as the Mall of the Emirates, Dubai Internet City, and various hotels, making it an attractive choice for both businesses and visitors.
  • Key tenants include various corporate offices, tech startups, and professional service providers, enhancing the business ecosystem in the area.

Properties Overview

  • The centre offers a mix of office spaces for rental, accommodating both small startups and larger corporations.
  • Average rental prices range from AED 75,000 to AED 150,000 annually, depending on the size and specifications of the office.
  • For buyers looking to invest, various commercial units are available for sale, with prices starting from AED 1.5 million.

Market Trends

  • The commercial real estate market in Al Barsha has shown resilience, with a gradual increase in rental prices over the past year, currently experiencing a rise of about 5-10%.
  • Investors are focused on ROI, with average yields hovering around 7-9%, which is competitive compared to other districts.
  • Future trends suggest steady demand due to the area's ongoing development and infrastructure improvements, likely stabilizing rental rates.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents and tenants enjoy convenient access to supermarkets like Carrefour and Spinneys.
  • Reputable educational institutions and schools, including American School of Dubai and GEMS Schools, are located nearby.
  • Healthcare facilities such as Al Zahra Private Hospital and Dubai London Clinic provide quality medical services to the community.

Transportation and Accessibility

  • The building is well-connected to public transport, with the Dubai Metro's Mall of the Emirates station just a short distance away.
  • Easy access to Sheikh Zayed Road allows convenient travel to other parts of the city.
  • Ample parking facilities are available for tenants and visitors, ensuring hassle-free access.

Lifestyle Amenities

  • A range of lifestyle options including gyms, spas, and various dining establishments such as local cafes and international restaurants.
  • Nearby hotels such as the Sheraton and Novotel provide additional amenities and services.
  • Outdoor activities around Al Barsha Park offer opportunities for relaxation and recreation.

Builing Facilities

  • The Code Business Centre features modern elevators, round-the-clock security services, and central air conditioning systems.
  • On-site maintenance support ensures that all facilities are in excellent condition for tenants.

Special Services

  • Dedicated concierge services are available to assist tenants with various needs, enhancing the overall experience.
  • Business centers and meeting rooms facilitate professional requirements, making it ideal for business meetings and conferences.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of customizable office layouts are available, catering to businesses of different sizes and operational needs.

Things to Consider

  • Before deciding on an office space, consider your budget, required square footage, and proximity to public transportation.
  • It’s advisable to evaluate lease terms and additional costs such as service charges.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular networking events and social gatherings foster a sense of community among tenants, enhancing business relationships.
  • Workshops and seminars are often organized, providing valuable learning and networking opportunities.

Community Identity

  • Code Business Centre prides itself on its modern architecture and functional design, standing out in the Al Barsha skyline.
  • The building reflects a professional yet welcoming atmosphere, making it an ideal space for businesses aiming for growth and collaboration.

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Detailed Buiding Insights

1. Family Friendliness

The area offers a range of family-oriented activities and amenities, although it may not cater specifically to families with young children.

Moderately Welcoming

2. Living Options

The community provides various living options, including serviced offices and shared workspaces which accommodate different business needs.

Broadly Diverse

3. Safety And Security

The Code Business Centre benefits from strong security measures, including surveillance cameras and controlled access, contributing to a safe environment.

Very Secure

4. Transportation

Well-connected by public transport and major roadways, making it easy for commuters to access the centre.

Conveniently Accessible

5. Amenities And Facilities

The centre boasts modern facilities including meeting rooms, high-speed internet, and communal areas, enhancing the overall business experience.

Richly Equipped

6. Cost Of Living

While the costs for office space can be higher than some nearby areas, the quality of facilities and services justifies the expense.

Relatively Balanced

7. Things To Do

The locality features a variety of dining options, entertainment venues, and shopping centers, providing ample opportunities for leisure activities.

Vibrantly Diverse

8. Noise Levels

Although it is a bustling business area, the centre is designed to minimize noise, creating a conducive work environment.

Generally Peaceful

9. Pet Friendliness

While the community allows pets, there are some restrictions on their presence in certain areas, which may not fully accommodate pet owners.

Moderately Accepting

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Key Information

Building Type: Commercial

Unit Types : Fitted offices and fitted full floors

Floors: 15

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

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