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Loft Office 2, Dubai Media City

Loft Office 2, Dubai Media City

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Dubai Media City, Dubai

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Strengths

Modern design and amenities

Prime location

Flexible office spaces

Weakens

High rental prices

Limited parking availability

Noise from nearby developments

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Buildign Overview

Summary

  • Located in the heart of Dubai Media City, Loft Office 2 offers a vibrant and modern workspace environment.
  • Proximity to major highways and public transport makes commuting easy for both employees and clients.
  • Nearby landmarks include the iconic Burj Al Arab and the lively Jumeirah Beach, enhancing the building's appeal.

Properties Overview

  • The building features diverse office spaces available for both lease and purchase, catering to various business sizes.
  • Popular rental options range from 1,500 to 3,000 AED per square meter per year, drawing startups and established businesses alike.
  • Sales prices for properties typically range from 1.5 million to 5 million AED, depending on the office size and configuration.

Market Trends

  • The market for commercial properties in Dubai Media City remains robust, with a steady increase in rental rates over the past year.
  • Average ROI for office spaces is currently around 7-8%, making it an attractive investment opportunity.
  • The expected trend for the upcoming year indicates continued demand driven by economic growth and infrastructural development.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby facilities include supermarkets such as Carrefour and Spinneys, offering convenient shopping options.
  • Reputable educational institutions and various healthcare facilities, including clinics and hospitals, are within easy reach.

Transportation and Accessibility

  • The building is serviced by major road networks like Sheikh Zayed Road, enhancing connectivity.
  • Public transport options include the nearby Dubai Metro stations and bus services, greatly improving accessibility.

Lifestyle Amenities

  • Residents have access to fitness centers, a range of restaurants offering diverse cuisines, and premium hotels.
  • Outdoor activities and recreational spaces foster a balanced lifestyle amidst the bustling business environment.

Builing Facilities

  • Loft Office 2 includes high-speed elevators, 24/7 security service, and centralized air conditioning system.
  • Dedicated maintenance teams ensure the building is well-maintained and functional at all times.

Special Services

  • The building provides concierge services and visitor management to enhance professionalism.
  • Business centers and meeting rooms are available for tenants, allowing for efficient work operations.

Planning Your Move or Investment

Floor Plans and Property Types

  • Loft Office 2 offers various flexible floor plans to suit different business needs, with options for custom setups.

Things to Consider

  • Important factors for potential tenants and buyers include location advantages, additional costs, and lease terms.
  • Assessing the type and size of space required, as well as future growth potential, is essential.

Useful FAQs and Support

Events and Building Life

Building Events

  • Loft Office 2 hosts regular networking events and workshops, fostering a collaborative community among businesses.

Community Identity

  • The building is renowned for its striking architectural design and commitment to creating a productive work environment.
  • Cultural events and recreational activities within the premises enhance community engagement and interaction.

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Detailed Buiding Insights

1. Family Friendliness

The area offers various facilities and parks that are suitable for families. However, the primary focus on office spaces may limit recreational options for younger children.

Moderately Welcoming

2. Living Options

While there are some residential options available, they may not provide the diversity of housing types found in more residential communities.

Slightly Limited

3. Safety And Security

Dubai Media City has a strong security presence and a low crime rate, making it a safe environment for both residents and workers.

Remarkably Secure

4. Transportation

The area is well-connected by public transport, including buses and taxis, and offers easy access to major roads, making commuting straightforward.

Highly Convenient

5. Amenities And Facilities

A variety of amenities are available, including cafes, gyms, and co-working spaces, catering well to the needs of professionals.

Richly Equipped

6. Cost Of Living

The cost of living in the area can be on the higher side due to its prime location and office spaces, which may not be affordable for everyone.

Relatively High

7. Things To Do

While there are some entertainment options, such as dining and cafes, they may not be as diverse as found in more central locations.

Moderately Engaging

8. Noise Levels

Due to the office environment and traffic, noise levels can be higher during weekdays, but tend to be manageable.

Generally Busy

9. Pet Friendliness

While there are few pet-friendly spaces, strict regulations and limited parks may hinder pet ownership in the area.

Somewhat Accommodating

Schools

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Key Information

Building Type: Commercial

Building Age: 20 years(completed in 2004)

Unit Types : Offices and shops

Floors: Six

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

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