Park Lane Tower, Business Bay in Dubai
Dubai buildings

Park Lane Tower, Business Bay

Business Bay

Park Lane Tower is a prestigious skyscraper located in the heart of Business Bay, Dubai.

Community

Business Bay

Building type

Mixed-Use Tower

Completion

2018

Floors / units

29

About

About Park Lane Tower, Business Bay

Park Lane Tower is a prominent mixed-use development located in the heart of Business Bay. It offers stunning views of Dubai's skyline and provides residents with access to modern amenities alongside commercial spaces, promoting a vibrant urban lifestyle. The building is well-connected to main roads and public transport.

Prime Location

Situated in the heart of Business Bay, providing easy access to key business districts and amenities.

Modern Architecture

Features contemporary design and state-of-the-art facilities that appeal to modern businesses.

Excellent Amenities

Offers a range of facilities including fitness centers, meeting rooms, and dining options.

Building facts

Park Lane Tower, Business Bay facts and source signals

Developer
Cavendish Maxwell
Completion
2018
Floors
29
Unit mix
Ranging from 1 to 3 bedrooms, approximately 800 to 2,000 sq. ft.
Building type
Mixed-Use Tower
Construction start
2014
Consultant
HOK
Coordinates
25.18544, 55.26175

Decision context

What to know before shortlisting Park Lane Tower, Business Bay

Amenities and living fit

  • Open-air swimming pool
  • Fully equipped gym
  • Children's play area
  • Rooftop terrace
  • Retail spaces

Profile ratings

Family Friendliness3.0/5

Moderately Welcoming. Park Lane Tower has a decent environment for families with some facilities nearby, like parks and schools, however, it...

Living Options4.0/5

Diverse. The living options in Park Lane Tower include a range of apartments that cater to various preferences and budgets, maki...

Safety And Security4.5/5

Very Secure. The building features advanced security systems, including surveillance cameras and controlled access, providing reside...

Transportation4.5/5

Highly Convenient. Easy access to metro stations and main roads makes commuting very convenient for residents, enhancing the overall appea...

Investor watch points

  • High Rental Costs - Rental prices are on the higher side compared to similar properties in the area.
  • Traffic Congestion - Busy area can lead to traffic issues during peak hours.
  • Limited Parking - Parking space is limited, which may be inconvenient for tenants and visitors.
  • Investment Potential - The building is in a growing area, making it a potentially good investment.
  • Future Development - Upcoming projects in the vicinity may enhance the value and appeal of the property.

Community benchmark evidence

Community benchmark sales near this building

DateBedsProject/buildingSale amountSale PSF
Jun 25, 20262 BRJ One Tower BAED 9,510,796AED 3,611/sqft
Jun 25, 20264plus BRExecutive Tower CAED 5,500,000AED 1,157/sqft
Jun 25, 20263 BRWest Bay TowerAED 3,600,000AED 1,970/sqft
Jun 25, 20262 BRBayz 102 by DanubeAED 3,383,503AED 2,778/sqft
Jun 25, 20262 BRBayz 102 by DanubeAED 3,383,127AED 2,777/sqft

Community benchmark evidence

Community benchmark rentals near this building

DateBedsProject/buildingAnnual rentRent PSF
Jun 25, 20263 BRDAMAC Maison Bay's EdgeAED 192,500/yrAED 86/sqft
Jun 25, 20263 BRMeera TowerAED 173,643/yrAED 88/sqft
Jun 24, 20262 BRTrillionaire Residences by BinghattiAED 245,000/yrAED 181/sqft
Jun 24, 20262 BRTrillionaire Residences by BinghattiAED 235,000/yrAED 178/sqft
Jun 24, 20263 BRWindsor ManorAED 196,824/yrAED 90/sqft

Location context

Nearby schools, amenities and transport

Amenities nearby

  • allday Market - Manara Tower · supermarkets · 0.2 km
  • 7 Eleven · supermarkets · 0.2 km
  • Phantasy Supermarket · supermarkets · 0.25 km
  • Geant Express · supermarkets · 0.42 km

Transport nearby

  • Downtown Dubai (Air taxi-Vertiport-2) · 2.71 km
  • Creek · Green · 8.7 km
  • Burjuman · Red · 9.15 km
  • Deira City Centre · Red · 10.13 km

Investor questions

Park Lane Tower, Business Bay questions investors usually check

Where is Park Lane Tower, Business Bay located?

Park Lane Tower, Business Bay is in Business Bay. Use the community profile and nearby transport, school and amenity context to compare the location before shortlisting.

What type of building is Park Lane Tower, Business Bay?

Park Lane Tower, Business Bay is profiled as Mixed-Use Tower. Completion evidence: 2018. Unit mix: Ranging from 1 to 3 bedrooms, approximately 800 to 2,000 sq. ft..

Is there transaction evidence for Park Lane Tower, Business Bay?

PropertyStellar shows 10 recent sale rows and 10 recent rental rows for this building or its benchmark context.

How should investors compare Park Lane Tower, Business Bay?

Compare Park Lane Tower, Business Bay with same-community buildings, nearby schools, transport access, rent evidence and the community investment profile rather than relying on a single listing headline.

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Park Lane Tower, Business Bay | Rent & Location