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The Vision Tower, Business Bay

The Vision Tower, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Facilities

Sustainability Features

Weakens

High Operational Costs

Limited Parking Spaces

Noise Levels

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Buildign Overview

Summary

  • The Vision Tower is an iconic skyscraper situated in the vibrant Business Bay district of Dubai.
  • This modern architectural gem is surrounded by essential amenities, including high-end retail shops, gourmet dining options, and recreational venues.
  • It is conveniently accessible via public transport, with immediate proximity to the Dubai Metro and major road networks.
  • Nearby landmarks include the Burj Khalifa, Dubai Mall, and the picturesque Dubai Fountain.

Properties Overview

  • The tower offers a mix of luxurious residential apartments and premium office spaces designed to cater to diverse requirements.
  • Rental prices range from AED 80,000 to AED 200,000 annually for apartments, while office spaces typically start at AED 100,000 per year.
  • Notable units include spacious 1-bedroom and 2-bedroom apartments, which are highly sought after due to their contemporary designs and stunning views.

Market Trends

  • In the past year, the rental market in Business Bay has experienced a steady increase, with average rental yields hovering around 7% for residential properties.
  • Sales trends indicate that unit prices have appreciated by approximately 5% year-on-year, driven by increased demand.
  • Expectations for the coming year suggest a continued upward trajectory in both rental and property sales as Dubai's economy rebounds post-pandemic.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The Vision Tower is located near reputable schools, such as the International School of Arts and Sciences.
  • Healthcare facilities are abundant, with hospitals and clinics like Saudi German Hospital and Emirates Hospital within easy reach.
  • Several supermarkets and grocery stores are conveniently located nearby, ensuring residents can easily access daily necessities.

Transportation and Accessibility

  • Public transportation options abound, including the Dubai Metro and multiple bus stations, making commuting hassle-free.
  • The building also offers secure parking facilities for residents and visitors, enhancing accessibility throughout the area.

Lifestyle Amenities

  • Residents can enjoy fitness and wellness services, including a fully-equipped gym, swimming pool, and spa facilities.
  • The area boasts an array of dining options, from fine dining restaurants to casual eateries, ensuring diverse culinary experiences.
  • Close to the iconic Dubai Water Canal, residents can engage in outdoor activities such as jogging and cycling.

Builing Facilities

  • The Vision Tower is equipped with high-speed elevators, round-the-clock security surveillance, and advanced central air conditioning systems.
  • Comprehensive maintenance services are available to ensure that residents' needs are promptly addressed.

Special Services

  • Residents benefit from concierge services, providing assistance with reservations, deliveries, and other personalized requests.
  • Business centers and meeting rooms cater to professional needs, fostering a conducive environment for work and collaboration.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, ranging from stylish studios to expansive three-bedroom apartments, ensuring options for all preferences and budgets.
  • Commercial spaces are also designed for flexibility, accommodating both startups and established companies.

Things to Consider

  • Potential tenants and buyers should evaluate their lifestyle requirements, budget constraints, and long-term investment potential.
  • Consider proximity to workplaces and schools, as well as accessibility to transportation options.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Vision Tower regularly hosts community events such as seasonal parties, networking gatherings, and wellness activities, fostering a vibrant community spirit.
  • Residents are encouraged to participate and engage with their neighbors, enhancing the sense of belonging.

Community Identity

  • The Vision Tower stands out for its innovative design and modern amenities, serving as a symbol of luxury living in the heart of Dubai.
  • Its cultural and recreational significance is highlighted through various artistic installations and interactive spaces around the tower.

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Detailed Buiding Insights

1. Family Friendliness

The Vision Tower offers several family-oriented facilities, including nearby parks and recreational centers, making it a decent choice for families. However, the area is more commercial, which slightly detracts from family-oriented ambiance.

Moderately Welcoming

2. Living Options

The Vision Tower features a variety of living options, from luxury apartments to more affordable units, catering to a range of preferences and budgets. This diversity in living arrangements is a strong point for potential residents.

Broadly Diverse

3. Safety And Security

The building is equipped with advanced security systems and 24/7 surveillance, ensuring a strong sense of safety for residents. This contributes significantly to the overall security in the Business Bay area.

Remarkably Secure

4. Transportation

The Vision Tower benefits from excellent access to major highways and a close proximity to public transportation options, including metro stations and buses, making commuting efficient and easy.

Highly Convenient

5. Amenities And Facilities

On-site amenities include a fitness center, swimming pool, and various recreational spaces. The facilities are well-maintained and provide ample opportunities for leisure and fitness.

Richly Equipped

6. Cost Of Living

Living in The Vision Tower tends to be on the higher side compared to other areas in Dubai, reflecting the premium nature of the building and its location in the upscale Business Bay district.

Relatively High

7. Things To Do

The surrounding Business Bay area is filled with a variety of restaurants, cafes, and entertainment options, providing plenty of activities for residents. This vibrant atmosphere attracts a variety of social gatherings and events.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling business district, the design of The Vision Tower offers a peaceful living environment, and noise from the streets is mostly muted.

Generally Peaceful

9. Pet Friendliness

The Vision Tower allows pets, which is a plus for pet owners, but the overall pet-friendly facilities could be improved, such as having more dedicated dog parks or areas for pets to exercise.

Moderately Accommodating

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Key Information

Developer: Dubai Properties

Building Type: Commercial

Building Age: Date of completion: 2011

Unit Types : Offices

Floors: 60

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

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