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Mazaya Business Avenue, JLT

Mazaya Business Avenue, JLT

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Jumeirah Lake Towers (JLT), Cluster M, Dubai

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Strengths

Modern architectural design

Prime location in JLT

Comprehensive facilities

Weakens

Higher rental costs

Limited parking space

Noise levels in certain areas

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Buildign Overview

Summary

  • Mazaya Business Avenue is a prominent commercial complex located in the heart of Jumeirah Lake Towers (JLT), a vibrant and well-planned community.
  • The building is surrounded by a host of amenities including restaurants, cafes, and retail outlets, providing a lively work environment.
  • Accessibility is a key feature, with multiple public transportation options including the Dubai Metro just a short walk away, enhancing connectivity to the rest of Dubai.
  • The architecture of the Mazaya Business Avenue reflects modern design aesthetics, with panoramic views of the lake and the surrounding skyline.

Properties Overview

  • The building offers a diverse range of office spaces for lease, catering to various business needs, from small startups to larger enterprises.
  • Available units typically range from 1,200 to 3,000 square feet.
  • Rental prices for offices start from approximately AED 80,000 per year, while premium units may command higher rates.
  • Sales opportunities are also available, with prices for office spaces generally starting at around AED 1,200,000.

Market Trends

  • The commercial real estate market in JLT has seen a steady increase in demand, with rental yields averaging around 7-9%.
  • Recent trends indicate a growing interest from foreign investors, which is likely to enhance property values in the near future.
  • Overall, sales prices have remained relatively stable, with minor fluctuations influenced by market conditions.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Community amenities include several supermarkets, along with educational facilities such as schools and childcare centers located within a short drive.
  • There are multiple healthcare facilities, including clinics and hospitals in proximity, ensuring essential health services are easily accessible.

Transportation and Accessibility

  • The location boasts excellent connectivity with major roadways such as Sheikh Zayed Road, making commuting easy for residents and businesses alike.
  • Public transportation options include nearby Metro stations and bus routes, with ample parking available for tenants and visitors.

Lifestyle Amenities

  • In addition to office spaces, the area hosts a variety of lifestyle amenities, including fitness centers, spas, and diverse dining options ranging from casual to upscale restaurants.
  • Nearby leisure facilities include parks and recreational areas, perfect for unwinding after a busy day.

Builing Facilities

  • Mazaya Business Avenue is equipped with high-speed elevators, 24/7 security services, central air conditioning, and comprehensive maintenance support.
  • Power backup facilities ensure uninterrupted operations for businesses residing within the building.

Special Services

  • Additional unique amenities include a dedicated concierge service, business centers for meetings, and collaborative working spaces designed to foster networking and innovation.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building offers a variety of floor plans, accommodating different business requirements, from open-plan offices to more private office spaces.
  • Flexible layouts allow for customization according to tenant needs.

Things to Consider

  • Key considerations for tenants and buyers include the suitability of office size, budget alignment with rental or purchase prices, and future growth potential in the area.

Useful FAQs and Support

Events and Building Life

Building Events

  • Mazaya Business Avenue hosts regular networking events and seminars, providing opportunities for tenants to connect and collaborate.
  • Social gatherings are organized periodically, fostering a vibrant community within the building.

Community Identity

  • The building is recognized for its commitment to innovation and sustainability, contributing to JLT's reputation as a modern business hub.
  • Architectural uniqueness and a professional environment make Mazaya Business Avenue a distinguished address for businesses.

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Detailed Buiding Insights

1. Family Friendliness

The community offers several family-oriented services and activities, though the majority of the environment is business-oriented.

Moderately Welcoming

2. Living Options

There are a variety of accommodations available, including serviced apartments and office spaces suitable for both singles and families.

Diverse Range

3. Safety And Security

Mazaya Business Avenue is equipped with surveillance cameras and security personnel, contributing to a secure living experience.

Highly Secure

4. Transportation

The area has easy access to public transportation, including metro stations and bus routes, facilitating convenient commutes.

Well-Connected

5. Amenities And Facilities

Residents enjoy access to a range of amenities including gyms, cafes, and shops, enhancing day-to-day living.

Richly Equipped

6. Cost Of Living

While the community offers great facilities, the cost of living can be high due to the variety of business services available.

Moderately Expensive

7. Things To Do

While there are some dining and shopping options, entertainment activities are limited compared to other communities.

Limited Variety

8. Noise Levels

Due to the business environment, noise levels can be moderate to high during business hours, but tend to calm down at night.

Busy and Lively

9. Pet Friendliness

The community has some pet-friendly options, though restrictions may apply in certain buildings to maintain a professional atmosphere.

Somewhat Accommodating

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Key Information

Developer: Mazaya Holdings Company

Building Type: Commercial

Building Age: 12 years(completed in 2012)

Unit Types : Offices and shops

Floors: 45

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

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