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Office Park, Dubai Internet City

Office Park, Dubai Internet City

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Dubai Internet City, Dubai

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Strengths

Prime Location

Modern Facilities

Sustainability Initiatives

Weakens

High Rental Costs

Limited Parking Space

Traffic Congestion

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Buildign Overview

Summary

  • Office Park is strategically located in the heart of Dubai Internet City, known for being a hub for tech and innovation.
  • The building is surrounded by a variety of essential amenities, including cafes, restaurants, and shopping outlets.
  • Excellent public transport connectivity is available, with metro stations and bus services nearby for easy commuting.
  • Competing nearby structures such as Dubai Media City and Knowledge Village enhance the business ambiance of the area.

Properties Overview

  • Office Park offers both rental and sale opportunities, with flexible spaces conducive to various business needs.
  • Most sought-after units include modern office layouts designed for collaborative work environments.
  • Rental prices typically range from AED 80 to AED 130 per square foot, while sale prices can vary between AED 1.2 million to AED 2.5 million, depending on the unit size.

Market Trends

  • The real estate market in Dubai Internet City has shown steady rental growth of approximately 5-7% over the past year.
  • Sales prices have stabilized, with expected appreciation due to ongoing infrastructure developments.
  • Return on Investment (ROI) for properties in this area is competitive, often exceeding 8% annually, appealing to both local and international investors.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to various supermarkets, international schools, and healthcare facilities, including hospitals and clinics, ensuring convenience and accessibility.

Transportation and Accessibility

  • The area is well-served by the Metro, with the nearest station just a short walk away, along with ample parking spaces for personal vehicles.
  • Easy access to major highways allows for swift connectivity to various parts of Dubai.

Lifestyle Amenities

  • Office Park features modern conveniences such as state-of-the-art gyms, dining options, and leisure facilities.
  • Diverse recreational activities nearby include parks and outdoor spaces, promoting a balanced lifestyle for professionals.

Builing Facilities

  • The building is equipped with high-speed elevators, comprehensive security systems, central air conditioning, and regular maintenance services.
  • Sustainable building practices enhance energy efficiency and reduce operational costs.

Special Services

  • Additional services include concierge support, guest service facilities, and dedicated business centers designed for productivity.
  • Unique amenities, such as collaborative workspaces and meeting rooms, cater to the dynamic needs of modern businesses.

Planning Your Move or Investment

Floor Plans and Property Types

  • Office Park provides a selection of versatile floor plans suitable for various business activities, from startups to established corporations.
  • Units range from co-working spaces to traditional offices, accommodating diverse professional requirements.

Things to Consider

  • Prospective tenants and buyers should assess their space requirements, budget constraints, and long-term business goals before making a decision.
  • Due diligence on lease terms, property management, and community rules is advisable for a smooth transition.

Useful FAQs and Support

Events and Building Life

Building Events

  • Office Park regularly hosts networking events, workshops, and community gatherings, fostering professional connections among tenants.
  • These events create opportunities for collaboration and knowledge sharing among diverse businesses.

Community Identity

  • Known for its innovative environment and commitment to business excellence, Office Park embodies a modern professional hub.
  • Cultural events and recreational facilities contribute to a vibrant community spirit within the building.

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Detailed Buiding Insights

1. Family Friendliness

The area is suitable for families with children, featuring some recreational spaces, but lacks extensive family-oriented facilities.

Moderately Welcoming

2. Living Options

Accommodations mainly consist of office spaces and apartments geared towards professionals, with limited options for larger family units.

Primarily Professional

3. Safety And Security

The community benefits from strong security measures, including surveillance and controlled access, ensuring residents feel safe.

Highly Secure

4. Transportation

Office Park is well-connected by public transport and major roadways, making commuting straightforward for both residents and employees.

Very Convenient

5. Amenities And Facilities

The area offers a range of modern amenities including cafes, fitness centers, and coworking spaces that cater to the work lifestyle.

Well-Equipped

6. Cost Of Living

Though costs are aligned with other business districts, housing and service prices can be significantly higher than average residential areas.

Relatively High

7. Things To Do

While there are conveniences and eateries, options for leisure activities or attractions in the immediate vicinity are somewhat limited.

Limited Variety

8. Noise Levels

As a commercial hub, noise levels can be moderate to high during business hours, though typically quieter in the evenings and weekends.

Generally Busy

9. Pet Friendliness

While some green spaces exist, pet-friendly facilities and parks are minimal, making it less than ideal for dog owners.

Largely Neutral

Schools

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Key Information

Developer: Equitativa Group

Building Type: Residential

Unit Types : Offices

Floors: 6 to 8 floors

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

Near by Buildings

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