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DXB Tower, Sheikh Zayed Road

DXB Tower, Sheikh Zayed Road

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Sheikh Zayed Road, Dubai

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Strengths

Prime Location

Modern Amenities

Impressive Architectural Design

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • DXB Tower is a premier high-rise located on Sheikh Zayed Road, offering panoramic views of the Dubai skyline.
  • It is strategically situated near key facilities and attractions, including Dubai Mall, Burj Khalifa, and various entertainment venues.
  • The building features modern architecture and is easily accessible via major public transport routes, including metro stations and bus stops.
  • Compared to other iconic structures like the Emirates Towers, DXB Tower stands out with its innovative design and generous amenities.

Properties Overview

  • The building consists of a mix of residential and commercial units, catering to both renters and buyers.
  • Popular property types include one, two, and three-bedroom apartments, as well as office spaces attractive to businesses.
  • Rental prices range from AED 75,000 to AED 200,000 per year, while sales prices vary from AED 1 million to AED 4 million, depending on the unit's size and location.

Market Trends

  • The real estate market in this area has shown a steady increase in demand over the past year, with rental prices up by approximately 10%.
  • Sales trends are similarly positive, with an average return on investment (ROI) of around 7-8%, making it a favorable market for investors.
  • Expectations for the future suggest continued growth due to ongoing infrastructure developments and heightened interest from expatriates.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby essential services include supermarkets like Carrefour and Al Maya, reputable schools such as GEMS and Dubai American Academy, and healthcare facilities including Iranian Hospital and Emirates Hospital.

Transportation and Accessibility

  • DXB Tower is well-served by Dubai's extensive public transportation system, with several metro stations within walking distance and numerous bus stops nearby.
  • Ample parking spaces are available for residents and visitors, ensuring ease of access to the building and surrounding area.

Lifestyle Amenities

  • Residents enjoy a range of lifestyle amenities, including a state-of-the-art gym, swimming pool, and leisure areas.
  • The vicinity features diverse dining options, luxury hotels, entertainment venues, and outdoor spaces for recreation.

Builing Facilities

  • Key building amenities include high-speed elevators, a 24/7 security system, centralized air conditioning, and routine maintenance services.

Special Services

  • DXB Tower offers additional services such as a dedicated concierge, guest lobby services, and fully-equipped business centers, catering to both corporate tenants and residential needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building features a variety of floor plans designed to meet the needs of different lifestyles, from compact units for singles to spacious family apartments.

Things to Consider

  • Prospective tenants and buyers should consider factors like proximity to work, available amenities, and the overall community vibe before making a final decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • DXB Tower regularly hosts community events, such as seasonal gatherings, networking functions, and social mixers to foster a sense of community among residents.

Community Identity

  • The building is characterized by its vibrant atmosphere and commitment to community engagement, distinguishing itself as a sought-after location in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The community offers family-centric facilities and recreational areas, making it reasonably welcoming for families while still catering to a diverse population.

Moderately Welcoming

2. Living Options

The community features a wide range of living accommodations, from luxury apartments to more affordable residences, appealing to various demographics and income levels.

Broadly Diverse

3. Safety And Security

Security measures, including 24/7 surveillance and on-site personnel, contribute to a safely monitored environment, fostering peace of mind for the residents.

Highly Secure

4. Transportation

Strategically located along Sheikh Zayed Road, residents enjoy easy access to public transportation, major highways, and nearby metro stations.

Exceptionally Convenient

5. Amenities And Facilities

The tower offers an impressive range of amenities including a pool, gym, and common areas, which cater to the needs of residents of all ages.

Richly Equipped

6. Cost Of Living

While the cost of living is higher than average due to the premium location and amenities, the investment is justified by the quality of life and facilities available.

Relatively High

7. Things To Do

The area is rich in entertainment options, dining, shopping, and cultural experiences, ensuring that there’s always something interesting to engage in.

Vibrantly Diverse

8. Noise Levels

While the bustling city life contributes to noticeable noise levels, efforts have been made in building design to minimize disturbance for residents.

Moderately Noisy

9. Pet Friendliness

Some residential units allow pets, but restrictions may apply, and pet-specific facilities might not be available in every area of the tower.

Occasionally Accommodating

Schools

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Key Information

Developer: AWR Properties

Building Type:  Mixed-use

Building Age: 28 years (Date of completion: 1996)

Unit Types :  2 and 3-bedroom apartments + offices

Floors: 30

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

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