Grosvenor Business Tower, Barsha Heights (Tecom)

Barsha Heights (Tecom), Dubai

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Strengths

Prime Location

Modern Amenities

Professional Environment

Weakens

High Rental Prices

Limited Parking

Traffic Congestion

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Strengths

Prime Location

Located in the heart of Barsha Heights, providing easy access to major highways and public transportation.

Modern Amenities

Features state-of-the-art facilities including conference rooms, gym, and high-speed internet.

Professional Environment

Fosters a conducive atmosphere for businesses with a variety of office spaces.

Weaknesses

High Rental Prices

Rental prices are on the higher side compared to similar buildings in the area.

Limited Parking

Parking availability can be an issue, especially during peak hours.

Traffic Congestion

The surrounding area experiences heavy traffic, which can lead to delays during commuting.

Considerations

Accessibility

Consideration for clients and employees who rely on public transport or require easy access to highways.

Long-term Lease Agreements

Potential tenants should assess the flexibility of lease terms before committing.

Future Developments

Keep an eye on new projects in the vicinity that may affect the business environment and property values.

Buildign Overview

Summary

Grosvenor Business Tower is a prime commercial high-rise located in Barsha Heights, known for its contemporary design and strategic location.
The tower is situated within close proximity to key facilities including restaurants, cafes, shopping malls, and government offices.
Accessibility is enhanced by a well-connected public transportation network, including the Dubai Metro and various bus services which are easily reachable.

Properties Overview

The building offers a mix of office spaces and retail units available for both rent and sale, catering to various business needs.
Popular office sizes range from 1,000 to 5,000 square feet, with rental prices typically starting from AED 80,000 per annum, varying by size and location within the tower.
Retail spaces are also available for sale starting from approximately AED 1.2 million, attracting entrepreneurs and business owners looking to capitalize on foot traffic.

Market Trends

Over the past year, rental prices in Barsha Heights have shown a slight increase, reflecting the growing demand for quality commercial spaces.
The area boasts a commendable return on investment (ROI) of 6% to 8%, making it an attractive locale for potential investors.
Future projections suggest continued demand for commercial premises in the area, mainly driven by increased business activities and infrastructure development.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents and tenants benefit from nearby essential services including supermarkets, educational institutions, and healthcare facilities.
Well-known schools and hospitals such as the American School of Dubai and Mediclinic City Hospital are within a short drive, ensuring convenience for families.

Transportation and Accessibility

The building offers easy access to main roads and highways, facilitating quick commutes to other areas of Dubai.
Numerous public transportation options, including efficient metro and bus services, make navigating the city straightforward for employees and visitors.

Lifestyle Amenities

An array of lifestyle amenities is available nearby, including gyms, parks, restaurants, and cafes.
The location is enhanced by close proximity to recreational spots, catering to a balanced work-life experience.

Builing Facilities

Grosvenor Business Tower features modern facilities such as high-speed elevators, round-the-clock security services, and central air conditioning.
Maintenance services are promptly managed, ensuring a comfortable working environment for all tenants.

Special Services

The building enhances business operations with a dedicated concierge service and a business center equipped with meeting rooms and conference facilities.
Additional on-site amenities may include guest services, making it suitable for businesses hosting clients and visitors.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of flexible and functional floor plans are offered, accommodating diverse business needs, including open-plan and cubical arrangements.
Ideal for both start-ups and established companies, GBT provides customizable options to tailor spaces according to specific requirements.

Things to Consider

When considering a move or investment, assess the specific requirements of your business, including space, amenities, and budget.
Consider local market trends and proximity to clients and suppliers, enhancing operational efficiency.

Useful FAQs and Support

Events and Building Life

Building Events

Grosvenor Business Tower regularly hosts networking events, workshops, and social gatherings, fostering a vibrant community among professionals.
These events provide valuable opportunities for businesses to connect and collaborate within their office environment.

Community Identity

The distinctive architectural design and modern aesthetics of the Grosvenor Business Tower contribute to its identity as a premium business destination.
The building promotes a culture of innovation and collaboration, appealing to dynamic businesses looking to establish their presence in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The area has family-oriented amenities such as parks and schools, but may not be as focused on family activities as other neighborhoods.

Moderately Welcoming

2. Living Options

Grosvenor Business Tower offers a variety of living spaces, including serviced apartments and office spaces, catering to different professional needs.

Diverse Choices

3. Safety And Security

The building and its surroundings have robust security measures, including 24-hour surveillance and controlled access, contributing to residents' peace of mind.

Highly Secure

4. Transportation

Located near key highways and public transport options, commuting to various parts of Dubai is easy and efficient.

Conveniently Accessible

5. Amenities And Facilities

The tower features modern amenities, including a fitness center, pool, and business facilities, ideal for both residents and professionals.

Well-Equipped

6. Cost Of Living

While living costs in the Barsha Heights area are somewhat higher than average, the amenities and location provide good value for money.

Relatively Competitive

7. Things To Do

The community offers a range of dining, shopping, and entertainment options, although it may not be as vibrant as other areas in Dubai.

Moderately Varied

8. Noise Levels

The building is well-insulated from external noise, making it a peaceful environment for work and relaxation.

Generally Quiet

9. Pet Friendliness

While the community is pet-friendly, availability of pet amenities and nearby parks could be improved.

Accommodating

Schools

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Key Information

Developer: Asam Investment and Real Estate

Building Age: 16 years(Date of completion: 2008)

Unit Types : Shell-and-core and fitted offices

Floors: 25

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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