Grosvenor House Commercial Tower, Sheikh Zayed Road

Sheikh Zayed Road, Dubai

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Strengths

Prime Location

Modern Facilities

Spectacular Views

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking Space

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Strengths

Prime Location

Situated on Sheikh Zayed Road, providing easy access to key business districts and amenities.

Modern Facilities

Equipped with state-of-the-art technology and amenities ideal for contemporary business needs.

Spectacular Views

Offers breathtaking views of the city skyline and surrounding areas.

Weaknesses

High Maintenance Costs

The upkeep and service fees can be quite steep for tenants.

Traffic Congestion

Being on a major road can lead to heavy traffic during peak hours.

Limited Parking Space

Parking availability can be a challenge for tenants and visitors.

Considerations

Market Competition

Evaluate the competitive landscape of commercial properties in the area.

Corporate Image

Consider how the building's prestige aligns with the company's brand.

Long-term Investment

Analyze the potential for appreciation and value retention in the real estate market.

Buildign Overview

Summary

Grosvenor House Commercial Tower is a premier office building located on the bustling Sheikh Zayed Road, known for its strategic location and modern architectural design.
The tower is in proximity to key business districts, luxury hotels, and prominent shopping centers.
With easy access to public transport and major highways, it is ideal for both businesses and clients.

Properties Overview

The building offers a variety of rental and purchase options, catering to different business needs and preferences.
Recent listings show competitive rental prices starting from AED 80 per sq ft and sale prices from AED 1,200 per sq ft, depending on the unit size and floor level.
Popular units include spacious offices equipped with modern amenities, suitable for both startups and established businesses.

Market Trends

Recent data suggests stability in rental prices, with a slight increase of 5% compared to last year, indicating a growing demand for commercial spaces.
Office space in the Grosvenor House Commercial Tower has shown an average ROI of around 7%, attracting both local and foreign investors.
Future trends point towards continued interest in commercial real estate in Dubai, driven by economic recovery and infrastructural development.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Located nearby are various supermarkets, educational institutions, and healthcare facilities, including hospitals and clinics, catering to the needs of professionals and their families.

Transportation and Accessibility

The building is well-connected by public transportation, featuring easy access to metro stations and bus stops, along with ample parking facilities for tenants and visitors.
Sheikh Zayed Road also provides quick access to Dubai's major attractions and business hubs.

Lifestyle Amenities

On-site amenities include fitness centers, restaurants, and cafes, providing a well-rounded lifestyle for businesses and employees.
Residents and workers can also enjoy nearby recreational facilities, including parks and leisure centers.

Builing Facilities

Grosvenor House Commercial Tower features high-speed elevators, a 24-hour security system, central air conditioning, and dedicated maintenance services for all tenants.

Special Services

The building offers concierge services, business centers, and tailored guest services, enhancing the overall tenant experience.
Unique amenities include collaboration spaces and meeting rooms equipped with the latest technology.

Planning Your Move or Investment

Floor Plans and Property Types

A range of flexible floor plans are available, accommodating different business models from small offices to large corporate suites.
Units are designed to optimize space and functionality, with customizable options for increased utility.

Things to Consider

Prospective tenants and buyers should consider factors such as proximity to public transport, amenities, and individual business requirements before making their decision.
A checklist including budget, space needs, and future growth potential is advisable for evaluating options.

Useful FAQs and Support

Events and Building Life

Building Events

The Grosvenor House Commercial Tower organizes regular networking events and tenant gatherings, fostering a sense of community among its occupants.
Social events provide opportunities for businesses to connect and collaborate.

Community Identity

The building is recognized for its modern façade and commitment to sustainability, making it a desirable address for forward-thinking companies in Dubai.
Cultural influences are reflected through art installations and community-focused initiatives within the property.

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Detailed Buiding Insights

1. Family Friendliness

The tower offers space for families but lacks dedicated play areas and amenities tailored specifically for children. Nearby parks and activities contribute positively, making it suitable for families with children, but there is room for improvement.

Moderately Friendly

2. Living Options

Grosvenor House provides a variety of office spaces suitable for different business sizes and types. The flexibility in layout and facilities caters to diverse needs, appealing to both startups and established companies.

Diverse Choices

3. Safety And Security

Equipped with advanced security systems and personnel, the tower ensures high safety standards. Surveillance and restricted access contribute to a secure environment for businesses and visitors alike.

Highly Secure

4. Transportation

Located along Sheikh Zayed Road, the tower enjoys excellent connectivity to various parts of the city. Public transport options like the metro nearby make commuting easier, although traffic can be a factor during peak hours.

Conveniently Accessible

5. Amenities And Facilities

The tower boasts a range of modern amenities, including meeting rooms, lounges, and catering options. However, there could be more recreational facilities to enhance the work-life balance for tenants.

Well-Equipped

6. Cost Of Living

While the cost of renting office space in Grosvenor House can be steep, it reflects the premium location and services. Businesses need to consider their budgets carefully when selecting this area.

Relatively High

7. Things To Do

Proximity to a wide array of restaurants, shopping, and entertainment venues adds a vibrant lifestyle appeal. The nearby Dubai Marina and Jumeirah Beach offer excellent leisure options for both employees and visitors.

Vibrantly Dynamic

8. Noise Levels

The location on a major road means some traffic noise, especially during peak hours. However, soundproofing in offices helps mitigate disturbances, allowing for a productive work environment.

Generally Moderate

9. Pet Friendliness

While pets are not explicitly prohibited, there are limited facilities and spaces for pets within the building. Nearby parks offer options for pet owners, but the urban environment may not be ideal for all.

Moderately Accommodating

Schools

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Key Information

Building Type: Commercial

Building Age: 17 years(Date of completion: 2007)

Unit Types : Offices

Floors: 35

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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