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Concord Tower, Dubai Media City

Concord Tower, Dubai Media City

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Dubai Media City, Dubai

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Strengths

Strategic Location

Modern Amenities

Eco-Friendly Design

Weakens

High Rental Prices

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Concord Tower is a prominent commercial building located in the well-connected Dubai Media City, surrounded by a vibrant media landscape.
  • The building is strategically positioned near major highways, with easy access to public transportation and nearby landmarks such as the Marina Mall and The Palm Jumeirah.
  • In comparison to other nearby structures, Concord Tower offers modern amenities and a professional atmosphere conducive for businesses.

Properties Overview

  • The tower features a mix of office spaces available for rent and sale, attracting various businesses from media and tech sectors.
  • Average rental prices range from AED 80 to AED 120 per square foot, while purchasing properties typically varies between AED 1,200,000 to AED 3,500,000, depending on the unit size and floor level.
  • Popular units include fully-fitted offices and customizable spaces that cater to startups and established enterprises alike.

Market Trends

  • The real estate market in Dubai Media City has shown resilience over the past year, with a 5% increase in rental prices and a steady demand for commercial units.
  • Potential investors can anticipate a robust return on investment (ROI) with properties in Concord Tower, as the area continues to attract businesses and media firms.
  • Forecasts predict further stabilization and gradual price increases as economic recovery continues post-pandemic.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents and employees benefit from proximity to essential services, including reputable supermarkets, multiple schools, and hospitals such as the American Hospital Dubai.

Transportation and Accessibility

  • Concord Tower is well-served by public transportation options, including bus services and taxi availability, along with ample parking facilities for employees and visitors.

Lifestyle Amenities

  • Lifestyle features include on-site fitness centers, access to a variety of dining options, and nearby luxury hotels, enhancing both work-life balance and convenience.

Builing Facilities

  • The property is equipped with modern elevators, round-the-clock security, central air conditioning, and dedicated maintenance services to ensure a comfortable environment.

Special Services

  • Concord Tower offers additional luxuries such as concierge services, advanced business centers, and meeting rooms to accommodate the needs of its tenants.

Planning Your Move or Investment

Floor Plans and Property Types

  • Concord Tower features diverse floor plans designed to meet the needs of different businesses, including open spaces, semi-furnished offices, and customizable units.

Things to Consider

  • Consider proximity to clients, available amenities, budget constraints, and long-term growth potential when evaluating options in Concord Tower.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building hosts several networking events and social gatherings, providing opportunities for professionals to connect and collaborate.

Community Identity

  • Concord Tower's unique identity lies in its focus on fostering a creative and innovative environment, encapsulated by its sleek design and modern infrastructure.

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Detailed Buiding Insights

1. Family Friendliness

The community offers a range of family-oriented facilities and activities, including nearby parks and recreational spaces. However, the business-oriented environment may not cater extensively to family needs.

Moderately Welcoming

2. Living Options

Concord Tower provides various living options including luxury apartments catering to young professionals and families. The units boast modern amenities and spacious designs that appeal to a broad demographic.

Diverse and Modern

3. Safety And Security

The building features state-of-the-art security systems, including CCTV surveillance and secure access controls, ensuring a safe environment for residents.

Highly Secure

4. Transportation

Located near major roads and public transport options, Concord Tower provides easy access to the rest of Dubai, including public buses and Dubai Metro stations within a short drive.

Conveniently Accessible

5. Amenities And Facilities

Amenities include a well-equipped gym, swimming pool, cafes, restaurants, and retail shops on the ground floor, ensuring that residents have all necessary facilities within reach.

Richly Equipped

6. Cost Of Living

Living in Concord Tower tends to be on the pricier side compared to other neighborhoods, reflecting its advantageous location in Dubai Media City alongside the luxurious amenities available.

Moderately High

7. Things To Do

The surrounding area is filled with various entertainment options including dining, shopping, and cultural events, making it an engaging place for residents and visitors alike.

Vibrantly Diverse

8. Noise Levels

Despite its proximity to busy areas, the building is designed to minimize noise disruptions, providing a tranquil living environment within the hustle of Dubai.

Generally Peaceful

9. Pet Friendliness

While the community promotes a pet-friendly policy, the facilities for pets may be limited compared to other neighborhoods, which is something potential residents should consider.

Moderately Accommodating

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Building Type:  commercial tower

Building Age: 17 years( completed by 2007)

Floors: 40 floors

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

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