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Noor Tower Business Bay

Noor Tower Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Design

Amenities and Facilities

Weakens

High Maintenance Costs

Traffic Congestion

Noise Levels

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Buildign Overview

Summary

  • Noor Tower is a modern architectural gem nestled in the dynamic Business Bay area of Dubai, known for its stunning skyline and vibrant commercial activities.
  • This tower is strategically positioned near prominent landmarks such as the Burj Khalifa and Dubai Mall, enhancing its desirability.
  • The area boasts excellent public transportation links, including the Dubai Metro and multiple bus routes, facilitating easy commuting.

Properties Overview

  • Noor Tower offers a diverse selection of residential units, ranging from stylish studio apartments to spacious three-bedroom units.
  • Current rental prices for units vary, on average, from AED 70,000 to AED 150,000 annually, appealing to a wide range of tenants.
  • For prospective buyers, purchase prices range from AED 900,000 to AED 2 million, with premium units commanding higher values due to their views and amenities.

Market Trends

  • The rental market in Noor Tower has shown a steady increase of about 5% over the past year, with a favorable return on investment (ROI) of approximately 7% for investors.
  • Sales trends indicate a robust market, with properties appreciating as demand continues to rise, particularly among expatriates and young professionals.
  • Future projections suggest continued growth, driven by ongoing development in the Business Bay area and infrastructural improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets, reputable schools like the International School of Arts and Sciences, and efficient healthcare facilities including Mediclinic Business Bay.
  • The area is well-served by various clinics and pharmacies, ensuring that essential services are just a stone's throw away.

Transportation and Accessibility

  • Public transportation options are plentiful, with the Business Bay Metro station within walking distance, alongside easily accessible taxi services and ride-hailing options.
  • Ample parking spaces are available for residents and guests, enhancing convenience and accessibility.

Lifestyle Amenities

  • The lifestyle offerings near Noor Tower include a range of fitness centers, gourmet restaurants, luxury hotels, and scenic parks perfect for leisurely outdoor activities.
  • The vibrant business landscape also facilitates numerous networking and social opportunities for professionals.

Builing Facilities

  • Noor Tower is equipped with high-speed elevators, comprehensive security systems, centralized air conditioning, and dedicated maintenance services to ensure a smooth living experience.
  • The building's design promotes energy efficiency and modern living.

Special Services

  • Additional services such as concierge assistance, comprehensive guest services, and well-appointed business centers enhance the overall living experience.
  • The presence of unique amenities like rooftop lounges and meeting rooms distinguishes Noor Tower from other residential buildings.

Planning Your Move or Investment

Floor Plans and Property Types

  • Noor Tower presents an array of floor plans tailored to individual preferences, from compact studios to expansive family apartments.
  • These options cater to both leasing and purchasing needs, making it an attractive choice for a diverse demographic.

Things to Consider

  • Potential residents and buyers are encouraged to consider factors such as proximity to workplaces, lifestyle preferences, and budget constraints when making decisions.
  • Consulting with a real estate professional for insights into market conditions can also be beneficial.

Useful FAQs and Support

Events and Building Life

Building Events

  • Noor Tower actively fosters a sense of community with regular events, such as networking mixers and festive celebrations that promote interaction among residents.

Community Identity

  • The unique architectural design and community-focused atmosphere of Noor Tower contribute to its identity, attracting a diverse community of residents.
  • This building serves not only as a residential space but as a hub for cultural, business, and recreational activities.

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Detailed Buiding Insights

1. Family Friendliness

While there are family-friendly amenities, the general atmosphere is more corporate, and families may need to travel for specific activities.

Moderately Welcoming

2. Living Options

Noor Tower offers a variety of apartment sizes and layouts, appealing to both singles and families, enhancing its living options.

Diverse Options

3. Safety And Security

The tower is equipped with advanced security features including 24/7 surveillance and controlled access, ensuring a secure environment.

Highly Secure

4. Transportation

Located strategically, Noor Tower has easy access to public transport and main roads, making commuting hassle-free.

Convenient Access

5. Amenities And Facilities

The tower boasts various amenities like a gym, pool, and retail spaces, ensuring residents have good options for leisure and convenience.

Exceptionally Equipped

6. Cost Of Living

While living costs are on the higher side compared to some areas, the quality of life and amenities justifies the expense.

Higher-End

7. Things To Do

Business Bay is bustling with options, from cafes to cultural spots and entertainment, making it lively and engaging.

Vibrantly Diverse

8. Noise Levels

Being in a business district, noise levels can fluctuate, especially during work hours, but are generally manageable.

Occasionally Busy

9. Pet Friendliness

While some units allow pets, the overall amenities for pets are limited, and owners may need to seek nearby parks.

Moderately Accommodating

Schools

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Key Information

Developer:  Al Ansari Real Estate

Building Type: Residential

Building Age: 4 years(Date of completion: 2020)

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 20

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

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