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U-Bora Tower 1, Business Bay

U-Bora Tower 1, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

High Rental Prices

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • U-Bora Tower 1 stands as a prominent commercial skyscraper in the bustling Business Bay area, characterized by its modern architecture and panoramic views.
  • The building is surrounded by a plethora of facilities, including restaurants, retail shops, and recreational areas, making it an attractive destination for companies and professionals.
  • Accessibility is a key advantage, with the Dubai Metro and various bus services providing excellent transport links to other major areas in the city.

Properties Overview

  • U-Bora Tower 1 offers a mix of premium office spaces, with flexible layouts that cater to different business needs.
  • Office rentals range from AED 70 to AED 120 per square foot, depending on the space and floor level, while purchase prices for office units can vary significantly based on size and location within the tower.

Market Trends

  • The commercial real estate market in Business Bay is showing an upward trajectory, with rental prices observing a steady increase of approximately 5% over the past year.
  • Investors can expect a return on investment (ROI) in the range of 7% to 10%, driven by increasing demand for office spaces in Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • U-Bora Tower 1 is strategically located near essential services, including supermarkets, renowned schools, and healthcare facilities, ensuring convenience for tenants and employees.

Transportation and Accessibility

  • The building is well-connected to major road arteries, offering ample parking space for office-goers and easy access to public transportation options.

Lifestyle Amenities

  • Nearby lifestyle options include state-of-the-art gyms, a variety of fine dining restaurants, luxury hotels, and lush green parks for outdoor activities.

Builing Facilities

  • The building features high-speed elevators, round-the-clock security, central air conditioning, and dedicated maintenance services to ensure a seamless experience for tenants.

Special Services

  • Additional advantages include concierge services, executive lounges, business centers, and a host of unique amenities designed to enhance the work-life balance of its occupants.

Planning Your Move or Investment

Floor Plans and Property Types

  • U-Bora Tower 1 presents diverse floor plans tailored to various business requirements, from small office suites to expansive corporate spaces.

Things to Consider

  • Potential tenants and buyers should evaluate factors such as lease terms, property maintenance fees, and proximity to transport links before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • U-Bora Tower 1 regularly hosts networking events, community gatherings, and health awareness programs, fostering a sense of community among its tenants.

Community Identity

  • The tower's unique architectural design and its commitment to sustainability set it apart in the competitive skyline of Business Bay, making it a desired location for prestigious businesses.

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Detailed Buiding Insights

1. Family Friendliness

U-Bora Tower 1 provides various child-safe amenities such as playgrounds and recreational areas, making it suitable for families. However, the busy environment of Business Bay may be a concern for some parents.

Moderately Welcoming

2. Living Options

The tower offers a wide range of apartment sizes and layouts, appealing to various demographics, including singles, couples, and families looking for modern living spaces in the heart of the city.

Diverse Choices

3. Safety And Security

U-Bora Tower 1 features 24/7 security surveillance and controlled access, ensuring a safe living environment for its residents. The presence of security personnel enhances the overall feeling of safety.

Highly Secure

4. Transportation

The tower benefits from proximity to major roadways and public transportation options, including metro stations and bus routes, facilitating easy commutes to different parts of Dubai.

Conveniently Accessible

5. Amenities And Facilities

U-Bora Tower 1 boasts an array of amenities, including a fitness center, swimming pool, and retail spaces, catering to various lifestyle needs and enhancing the living experience.

Well-Equipped

6. Cost Of Living

While the cost of living in and around U-Bora Tower 1 is on the higher side, it reflects the premium location and quality of living offered, which may appeal to professionals and expatriates.

Moderately High

7. Things To Do

The area around Business Bay provides a plethora of entertainment options, dining venues, and leisure activities. Residents can easily explore nearby attractions, making it an engaging place to live.

Vibrantly Active

8. Noise Levels

Due to its central location within Business Bay, occasional noise from traffic and construction is noticeable, but high-quality soundproofing in apartments helps mitigate the impact.

Generally Busy

9. Pet Friendliness

Some residents are allowed to have pets, but the facilities may not be specifically designed for pet ownership, which could limit pet-friendly activities for residents.

Moderately Accommodating

Schools

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Key Information

Developer: Bando C&E Ltd.

Building Type: Commercial

Building Age: 13 years(Date of completion: 2011)

Floors: 58

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

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