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HSBC Building, Downtown Dubai

HSBC Building, Downtown Dubai

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Downtown Dubai, Dubai

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Strengths

Prime Location

Sustainable Design

Modern Amenities

Weakens

High Operational Costs

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • The HSBC Building is a prominent structure nestled in the heart of Downtown Dubai.
  • Surrounded by iconic landmarks like the Burj Khalifa and the Dubai Mall, it offers a vibrant urban experience.
  • This mixed-use development features modern architecture and provides easy access to public transportation options, enhancing connectivity.

Properties Overview

  • The building offers a mix of commercial and residential units, catering to a diverse clientele.
  • Rental prices typically range from AED 100,000 to AED 250,000 annually for luxury apartments.
  • Sales prices for residences might vary, with units available from AED 1.5 million upwards.

Market Trends

  • The real estate market in Downtown Dubai has seen a steady increase in rental yields, averaging around 5-6%.
  • Sales trends show a growing interest in luxury apartments with exponential ROI potential over the last year.
  • Expect southern regions of Downtown to offer emerging opportunities as the area continues to develop.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby facilities include major supermarkets, a range of schools, and healthcare centers such as Mediclinic and Emirates Hospitals.

Transportation and Accessibility

  • Easily accessible via the Dubai Metro's Burj Khalifa station, with several bus routes servicing the area.
  • Ample parking space is available for residents and visitors, presenting a convenient commute option.

Lifestyle Amenities

  • Fitness enthusiasts can enjoy state-of-the-art gyms and wellness facilities within the building.
  • A vibrant dining scene is available with restaurants and cafes in immediate proximity, alongside various luxury hotels.

Builing Facilities

  • The HSBC Building is equipped with high-speed elevators, round-the-clock security, central air conditioning, and comprehensive maintenance services.

Special Services

  • Concierge services are available to assist residents with various needs, ensuring a luxurious living experience.
  • A business center with meeting rooms caters to professionals, making it ideal for work and leisure.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans exists, offering one, two, and three-bedroom units alongside penthouses for both renters and buyers.

Things to Consider

  • Potential residents should evaluate the proximity to workplaces, schools, and leisure activities.
  • Investors should assess market trends and property appreciation potential before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • The HSBC Building hosts regular community-focused events and networking opportunities, enhancing residents' social connections.
  • Occasional workshops and cultural exhibitions showcase artistic talent and foster a sense of community.

Community Identity

  • Known for its eco-friendly initiatives, the HSBC Building supports sustainability and incorporates green technologies.
  • Architecturally striking, the building is a representation of modern urban living, attracting a sophisticated demographic.

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Detailed Buiding Insights

1. Family Friendliness

The area is family-oriented with access to parks, schools, and family-friendly restaurants, making it very appealing for families.

Exceptionally Welcoming

2. Living Options

Offers a range of living options, from luxury apartments to more affordable housing, attracting a diverse demographic.

Broadly Diverse

3. Safety And Security

As one of Dubai's key business districts, it has a strong police presence and high-security features in residential buildings.

Remarkably Secure

4. Transportation

Excellent public transport links including metro access and bus services, combined with major road connections facilitates easy commuting.

Highly Convenient

5. Amenities And Facilities

Features a variety of amenities including supermarkets, gyms, and recreational facilities that cater to residents' diverse needs.

Richly Equipped

6. Cost Of Living

While the cost of living can be higher than average due to the area's desirability, it is balanced by the quality of life and amenities available.

Moderately High

7. Things To Do

Centrally located near major attractions, shopping centers, and entertainment venues, providing numerous options for leisure activities.

Vibrantly Diverse

8. Noise Levels

While it can be busy during working hours, the residential areas are relatively quiet during the evenings and weekends.

Generally Peaceful

9. Pet Friendliness

Many residential buildings and parks welcome pets, and there are pet-friendly amenities available enhancing the quality of life for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: Gulf Resources Development & Investment

Building Type: commercial

Unit Types : office units

Floors: 21-storey

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

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