Millennium Executive Tower, Sheikh Zayed Road

Sheikh Zayed Road, Dubai

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Strengths

Strategic location

Modern amenities

Professional environment

Weakens

High rental costs

Traffic congestion

Limited parking space

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Strengths

Strategic location

Situated on Sheikh Zayed Road, providing easy access to major business districts and attractions.

Modern amenities

Equipped with state-of-the-art facilities including fitness centers, meeting rooms, and high-speed internet.

Professional environment

Offers a conducive workspace for executives and professionals.

Weaknesses

High rental costs

Rental prices are on the higher side compared to similar buildings in the area.

Traffic congestion

The location can experience significant traffic, especially during peak hours.

Limited parking space

Parking availability can be a challenge for tenants and visitors.

Considerations

Economic fluctuations

Potential impact of changing economic conditions on businesses operating from the tower.

Future developments in the area

Be aware of upcoming construction projects that may affect accessibility or views.

Corporate culture compatibility

Evaluate if the building’s ambiance aligns with your company's mission and culture.

Buildign Overview

Summary

Millennium Executive Tower is a prominent mixed-use skyscraper located along the lively Sheikh Zayed Road, a vibrant artery of Dubai.
The building is strategically situated near major facilities, including shopping malls, dining establishments, and entertainment venues.
Public transportation options abound, with proximity to the Dubai Metro and numerous bus routes, facilitating easy access across the city.
Nearby landmarks such as the Dubai World Trade Centre and the iconic Burj Khalifa enhance the prestige of this prime location.

Properties Overview

The tower features a variety of residential and commercial properties, making it suitable for both tenants and investors.
Popular among renters, the apartments typically range from one to three-bedroom configurations, designed for comfort and luxury.
Rental prices average between AED 80,000 and AED 150,000 annually, while purchase prices for units often start from AED 1.2 million.

Market Trends

Recent market analysis indicates a steady increase in rental demand, with an average ROI of approximately 6% for investors.
Over the past year, property values in the area have shown resilience, with a moderate appreciation expected in the coming months.
Continuous infrastructure developments and improved amenities in the vicinity are anticipated to further boost market dynamics.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from nearby essential services including supermarkets, highly-rated schools, and well-equipped healthcare facilities such as clinics and hospitals.

Transportation and Accessibility

Accessibility is a key feature, with straightforward access to Sheikh Zayed Road, ample parking spaces, and efficient public transport links enhancing mobility.

Lifestyle Amenities

The Millennium Executive Tower is surrounded by a rich selection of lifestyle amenities, including fitness centers, elegant restaurants, and luxurious hotels, catering to diverse tastes and preferences.

Builing Facilities

This modern building boasts state-of-the-art facilities including high-speed elevators, 24-hour security services, and centralized air conditioning, ensuring a comfortable living and working environment.

Special Services

Unique offerings such as concierge services, business centers, and guest services add to the convenience and luxury of residing or working in this prestigious tower.

Planning Your Move or Investment

Floor Plans and Property Types

The Millennium Executive Tower presents a range of flexible floor plans designed to accommodate various lifestyle needs, appealing to both families and professionals.

Things to Consider

Prospective tenants and buyers should evaluate factors such as nearby amenities, connectivity, and community vibe before making a decision on residency or investment.

Useful FAQs and Support

Events and Building Life

Building Events

Millennium Executive Tower hosts regular community events, networking opportunities, and social gatherings that foster a sense of belonging among residents and tenants.

Community Identity

With its sleek modern architecture and vibrant community spirit, the Millennium Executive Tower stands out as a hallmark of luxury and functionality in Dubai's skyline.

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Detailed Buiding Insights

1. Family Friendliness

The Millennium Executive Tower offers family-friendly amenities such as spacious apartments and recreational facilities. However, the hustle and bustle of Sheikh Zayed Road may not appeal to all families.

Moderately Welcoming

2. Living Options

The tower provides a range of living options from studios to multiple-bedroom apartments, accommodating both singles and families. This diversity caters to various lifestyle needs.

Broadly Diverse

3. Safety And Security

With 24/7 security personnel and surveillance systems in place, residents can feel confident about their safety. The area is known for its low crime rates, adding to the sense of security.

Highly Secure

4. Transportation

Millennium Executive Tower is strategically located on Sheikh Zayed Road, providing easy access to public transportation and major highways, making commuting simple and efficient.

Exceptionally Convenient

5. Amenities And Facilities

The tower boasts excellent amenities, including a swimming pool, gym, and business center, catering to both relaxation and professional needs of its residents.

Richly Equipped

6. Cost Of Living

While the luxurious offerings justify some of the higher costs, it is generally more expensive than other areas since it is located on a prime road with numerous attractions.

Relatively High

7. Things To Do

Located near numerous shopping centers, dining options, and entertainment venues, residents will find a plethora of activities to engage in within close proximity.

Vibrantly Diverse

8. Noise Levels

Being situated on Sheikh Zayed Road can lead to elevated noise levels, particularly during peak hours, which may not suit those seeking a quieter environment.

Generally Busy

9. Pet Friendliness

The building is pet-friendly, allowing residents to have pets. However, restrictions on certain breeds and pet sizes may deter some pet owners.

Moderately Accommodating

Schools

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Key Information

Building Type: Mixed-use

Building Age: 26 years(completed in 1998)

Unit Types : 2 and 3-bedroom apartments, offices and retail options

Floors: 32

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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