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Icon Tower, Barsha Heights

Icon Tower, Barsha Heights

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Barsha Heights, Dubai

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Strengths

Modern architecture

Prime location

Excellent facilities

Weakens

High maintenance fees

Noise levels

Limited parking space

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Buildign Overview

Summary

  • Icon Tower, located in the vibrant Barsha Heights community, stands as a modern architectural gem.
  • The building is strategically situated near major roads and highways, ensuring easy connectivity to key destinations in Dubai.
  • Local landmarks include the Dubai Marina, Jumeirah Beach, and various shopping malls, enhancing the appeal of the location.
  • Comparatively, Icon Tower offers a blend of luxury and practicality when placed alongside other high-rises in the area.

Properties Overview

  • Icon Tower features a wide range of properties for both leasing and purchasing, catering to various lifestyle needs.
  • Popular units include spacious one and two-bedroom apartments with contemporary designs.
  • Rental prices typically range from AED 60,000 to AED 100,000 annually, while sales prices vary from AED 900,000 to AED 1.6 million, depending on unit size and amenities.

Market Trends

  • Recent trends indicate that rental prices in Barsha Heights have remained stable, with a slight increase observed in demand due to strategic location benefits.
  • Sales prices have shown a gradual rise, reflecting a robust market interest in the area, appealing to both local and expatriate buyers.
  • The expected ROI for investors is around 7-8%, based on the current market dynamics and growth potential in the region.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Icon Tower is surrounded by essential services, including supermarkets, international schools, and clinics.
  • Prominent healthcare facilities such as Mediclinic and Emirates Hospital are within a short driving distance.

Transportation and Accessibility

  • With close proximity to the Dubai Metro and bus services, commuting is convenient and efficient.
  • Adequate parking spaces are available for residents and visitors, ensuring easy access.

Lifestyle Amenities

  • Residents can enjoy a variety of lifestyle amenities including fully equipped gyms, swimming pools, trendy eateries, and leisure spots.
  • Nearby outdoor parks and recreational areas offer opportunities for sports and relaxation.

Builing Facilities

  • Icon Tower features state-of-the-art facilities like multiple elevators, 24/7 security, and central air conditioning.
  • Regular maintenance services ensure that the building remains in impeccable condition for its inhabitants.

Special Services

  • Residents benefit from concierge services, guest management, and dedicated business centers designed for professional needs.
  • Unique amenities include rooftop gardens and community areas for social gatherings.

Planning Your Move or Investment

Floor Plans and Property Types

  • A selection of thoughtfully designed floor plans is available, including modern layouts that accommodate various family sizes and preferences.
  • Options typically range from compact studios to expansive three-bedroom apartments.

Things to Consider

  • Prospective tenants and buyers should assess factors such as budget, unit size, community amenities, and proximity to public transport before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Icon Tower hosts regular community events, including social gatherings, fitness challenges, and seasonal celebrations, fostering a sense of community.

Community Identity

  • The building is known for its unique architectural design and eco-friendly initiatives, enhancing its identity within the Barsha Heights landscape.
  • Cultural events and recreational spaces contribute to an active and engaging living environment.

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Detailed Buiding Insights

1. Family Friendliness

Icon Tower is family-friendly with many nearby schools, parks, and recreational areas. However, the presence of young professionals may affect the community's overall family atmosphere.

Moderately Welcoming

2. Living Options

The community offers a variety of living options ranging from spacious apartments to cozy studios, catering to different budgets and preferences.

Broadly Diverse

3. Safety And Security

Icon Tower is equipped with 24/7 security, CCTV surveillance, and secure access points, ensuring a high level of safety for its residents.

Remarkably Secure

4. Transportation

While public transport options are available, many residents prefer personal vehicles due to limited direct routes, which can affect commuting times.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy numerous amenities including a gym, swimming pool, and community spaces, making it an attractive place for both relaxation and socializing.

Richly Equipped

6. Cost Of Living

The cost of living in Icon Tower is reasonable given the quality of apartments and amenities offered, making it appealing to both renters and buyers.

Relatively Balanced

7. Things To Do

The area boasts an array of restaurants, cafes, and entertainment options, giving residents a variety of choices for leisure and outings.

Vibrantly Diverse

8. Noise Levels

While the community can be lively, it generally maintains peaceful noise levels, especially in residential areas away from the main roads.

Generally Peaceful

9. Pet Friendliness

Icon Tower allows pets and features nearby parks, making it a suitable choice for pet owners looking for a friendly environment.

Warmly Accommodating

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Key Information

Developer: TECOM Group.

Building Type: Commercial

Building Age: 17 years(completed in 2007)

Unit Types : Offices

Floors: 15

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

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