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Escape Tower, Business Bay

Escape Tower, Business Bay

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Business Bay, Dubai

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Strengths

Modern Design

Prime Location

Excellent Amenities

Weakens

High Rental Prices

Crowded During Peak Hours

Limited Parking Space

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Buildign Overview

Summary

  • Escape Tower is a prime residential and commercial development located in the heart of Business Bay, Dubai.
  • This iconic skyscraper is strategically situated near major landmarks including Burj Khalifa and The Dubai Mall.
  • The building boasts stunning architectural design and easy access to local amenities and public transportation.

Properties Overview

  • The building features a mix of luxurious apartments and office spaces, catering to both renters and buyers alike.
  • Popular units include one, two, and three-bedroom apartments ranging in price from AED 1.5 million to AED 3 million.
  • Rental prices typically range from AED 80,000 to AED 150,000 per year, depending on unit size and amenities.

Market Trends

  • The real estate market in Business Bay has seen steady growth, with rental prices increasing by approximately 5% over the past year.
  • Investors can expect a return on investment (ROI) of around 6-8%, making this area attractive for both short-term and long-term investments.
  • Future trends suggest continued demand for residential units, spurred by population growth and business expansion in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby amenities include several supermarkets, international schools, and healthcare facilities such as hospitals and clinics, ensuring residents' basic needs are met.

Transportation and Accessibility

  • Access to public transportation is excellent, with nearby metro stations and dedicated parking facilities available for residents and visitors.

Lifestyle Amenities

  • The building features luxury lifestyle amenities including a state-of-the-art fitness center, rooftop pool, fine dining restaurants, and cafes for an enhanced living experience.

Builing Facilities

  • Escape Tower includes top-notch facilities such as high-speed elevators, 24/7 security, central air conditioning, and reliable maintenance services.

Special Services

  • Residents can enjoy premium services including concierge assistance, guest services, and business centers designed for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • The property offers a range of floor plans to accommodate diverse needs, including studio, one-bedroom, and family-sized apartments.

Things to Consider

  • Potential residents and buyers should assess factors such as community amenities, building reputation, and accessibility before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Escape Tower hosts various community events and social gatherings, promoting a vibrant building culture and fostering resident interactions.

Community Identity

  • This tower is known for its modern design and environmentally friendly features, contributing to its reputation as a sustainable living choice in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Escape Tower is suitable for families with children, offering nearby parks and recreational facilities. However, the busy nature of Business Bay may limit outdoor play.

Moderately Welcoming

2. Living Options

The community provides a variety of living options such as apartments with multiple layouts and sizes, catering to different family structures and budgets.

Diverse Choices

3. Safety And Security

Escape Tower features 24/7 security personnel and CCTV surveillance, ensuring a safe environment for its residents.

Highly Secure

4. Transportation

The community enjoys excellent connectivity to main roads and public transport services, making commuting to other parts of Dubai easy.

Conveniently Accessible

5. Amenities And Facilities

Residents have access to a wide range of amenities including gyms, swimming pools, and children's play areas, promoting an active lifestyle.

Richly Equipped

6. Cost Of Living

While the cost of living in Escape Tower is higher than some other areas due to premium amenities, it offers value for money considering the quality of lifestyle.

Relatively High

7. Things To Do

The area features numerous cafes, restaurants, and shopping venues, along with cultural landmarks like the Dubai Opera, ensuring ample entertainment options.

Vibrantly Diverse

8. Noise Levels

While the community can be busy and noisy at times due to city traffic, many apartments offer soundproofing that minimizes disturbances.

Generally Moderate

9. Pet Friendliness

Escape Tower has a pet-friendly policy, but the availability of green spaces for walking pets is limited in the immediate area.

Moderately Accommodating

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Key Information

Building Type: Residential

Building Age: 18 years(Date of completion: 2006)

Unit Types : 2 and 3-bedroom apartments

Floors: 40

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

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