Standard Chartered Bank Tower, Downtown Dubai

Downtown Dubai, Dubai

View on Map

Strengths

Modern Architecture

Prime Location

Sustainable Features

Weakens

High Rental Costs

Limited Parking Availability

Congestion During Peak Hours

View Full Details

Show Less Details

Strengths

Modern Architecture

The tower features a sleek and contemporary design that stands out in the Dubai skyline.

Prime Location

Located in Downtown Dubai, it offers easy access to major attractions, shopping, and dining.

Sustainable Features

Incorporates eco-friendly designs and technologies, contributing to energy efficiency.

Weaknesses

High Rental Costs

Rental prices can be significantly high compared to other areas in Dubai.

Limited Parking Availability

Finding parking can be challenging in the busy downtown area.

Congestion During Peak Hours

The area can experience heavy traffic, especially during rush hours.

Considerations

Accessibility

Consider the proximity to public transportation options for ease of commuting.

Future Developments

Be aware of potential new constructions in the area that may impact views and traffic.

Amenities Available

Evaluate the facilities and services provided within the building and surrounding area.

Buildign Overview

Summary

Standard Chartered Bank Tower is a prominent office building located in the heart of Downtown Dubai. It stands out for its modern architecture and striking facade.
The tower is strategically situated near key attractions such as the Burj Khalifa and The Dubai Mall, offering easy access to luxury retail and dining options.
This building is well-connected to public transportation, including the Dubai Metro, making commuting convenient for tenants and visitors.
Compared to nearby office towers, Standard Chartered Bank Tower provides a unique blend of accessibility and prestige.

Properties Overview

The building features a mix of office spaces, available for both lease and purchase, appealing to various businesses.
Popular options include flexible office layouts and premium suites that cater to professionals and corporate entities.
Rental prices in the tower typically range from AED 150 to AED 200 per square foot, while sale prices can vary significantly based on the office size and floor level.

Market Trends

Recent analyses show a steady increase in demand for office space in Downtown Dubai, with rental rates experiencing a rise of approximately 10% over the past year.
Investors can expect a healthy return on investment (ROI), with office spaces in the area yielding around 7% annually.
The market outlook for the coming year remains positive, driven by ongoing infrastructure developments and an influx of businesses into Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents and employees have easy access to essential services including supermarkets, schools, and multiple healthcare facilities.
Notable hospitals nearby include the Dubai Hospital and Mediclinic City Hospital, providing comprehensive healthcare options.

Transportation and Accessibility

The building is well-serviced by the Dubai Metro with a nearby station, along with numerous bus routes to facilitate easy commuting.
Ample parking spaces are available for tenants and visitors, enhancing overall accessibility.

Lifestyle Amenities

Surrounding the tower are a variety of lifestyle amenities, such as fitness centers, high-end restaurants, and vibrant cafes, all contributing to a dynamic work-life balance.
Recreational spaces include parks and walking paths, ideal for outdoor enthusiasts looking for leisure activities.

Builing Facilities

Standard Chartered Bank Tower is equipped with modern facilities including high-speed elevators, 24-hour security, and central air conditioning.
Regular maintenance services ensure that the premises remain in excellent condition, promoting a comfortable working environment.

Special Services

The tower also offers concierge services, a business center, and guest amenities that support a professional atmosphere.
Unique features include flexible meeting spaces and networking areas that foster collaboration among tenants.

Planning Your Move or Investment

Floor Plans and Property Types

The tower boasts a diverse array of office floor plans, catering to different business sizes and requirements, ranging from compact desk spaces to spacious executive suites.

Things to Consider

Potential tenants and buyers should evaluate factors such as location, office layout, access to amenities, and associated costs before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

Regular events and networking gatherings within the building encourage interaction among tenants and foster a sense of community.
These events range from business seminars to casual meetups, aimed at creating networking opportunities.

Community Identity

Standard Chartered Bank Tower is recognized for its unique architectural design and commitment to sustainability.
It embodies the modern corporate culture of Dubai, making it a desirable location for forward-thinking companies.

See more

Detailed Buiding Insights

1. Family Friendliness

The area is family-friendly with nearby parks and recreational facilities, making it suitable for children. However, the high-rise ambiance may not cater to every family's preference.

Moderately Welcoming

2. Living Options

Various living options are available, including luxury apartments and serviced residences, appealing to a wide range of income levels and lifestyles.

Diverse Choices

3. Safety And Security

The building is equipped with advanced security measures, including 24/7 surveillance and security personnel, contributing to a safe living environment.

Highly Secure

4. Transportation

The location offers excellent access to public transport, including metro stations and bus routes, making commuting easy and efficient.

Extremely Convenient

5. Amenities And Facilities

The tower features state-of-the-art amenities such as gyms, pools, and nearby shopping and dining options, catering well to residents' needs.

Richly Equipped

6. Cost Of Living

While living costs align with premium amenities, they may be considered high compared to other areas in Dubai, which can be a consideration for some residents.

Relatively High

7. Things To Do

With numerous attractions, such as malls, parks, and cultural sites, residents have plenty of options for entertainment and leisure activities.

Vibrantly Diverse

8. Noise Levels

While the bustling downtown area may experience noise during peak hours, the building’s structure mitigates sound, providing a relatively quiet living space.

Generally Moderate

9. Pet Friendliness

Some restrictions on pet ownership exist depending on individual units, but nearby parks and open spaces provide suitable areas for pets.

Moderately Accommodating

Schools

All

Please wait..

Congratulations!

If you call this place home or have lived here in the
past, we need your review.

Transport & Places

Distance calculator

Explore AI

Discover homes with Stellar AI

Show me buildings near excellent schools

Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Building Age: 11 years(completed in 2013)

Floors: 18

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

Near by Buildings

Residential Tower

Sky Gardens DIFC

Dubai, Dubai International Financial Centre (DIFC)

Mixed-Use Tower

LIGHTHOUSE TOWER, DIFC

Dubai, Dubai International Financial Centre (DIFC)

Mixed-Use Tower

Emirates Towers, Sheikh Zayed Road

Dubai, Sheikh Zayed Road

Residential Tower

Al Ghadeer Tower, Sheikh Zayed Road

Dubai, Sheikh Zayed Road

Mixed-Use Development

The Gate Precinct 4, DIFC

Dubai, Dubai International Financial Centre (DIFC)

.

.0 / 5.0

Name *

Email Address *

Password *