Sidra Tower is a 45-storey mixed-use development located on Sheikh Zayed Road in Al Sufouh, Dubai. The project is part of the Al Sufouh 1 development. Residential and commercial units are available to buy and rent. There is a business centre, shops, and retail outlets situated on the lower floors of the building. The upper 23 floors are home to Fraser Suites Hotel and Apartments.
There are a total of 180 residential units, including studios and one- to three-bedroom hotel apartments. Properties range in size from 517 sq. ft. to 2,960 sq. ft. Kitchens have microwaves, gas cookers, refrigerators, cooking utensils, and coffee makers. Bathrooms have washing machines, bathtubs, and showers. Residences also feature bedrooms, living rooms, and balconies that overlook the emirate or the Arabian Gulf.
Office spaces come fully equipped and finished and have ensuite bathrooms. There are a limited number of reserved parking spaces for staff. Offices range in size from 500 sq. ft. to 3,000 sq. ft.
The complex provides a variety of amenities and services, including:
The nearest bus stop, Dubai College 2, and the nearest Metro station, Mashreq, are located within a 20-minute walk of the residences. Dubai International Airport can be reached within a 30-minute drive.
The complex is situated near many key facilities, including:
The tower is also located within a 10-minute drive of several popular attractions, including:
Sidra Tower is located near Sheikh Zayed Road, one of Dubai’s main thoroughfares. As a result, residents have easy access to many of the city’s most famous districts, including Downtown Dubai, DIFC, and Business Bay, as well as to Abu Dhabi, the capital of the UAE.
Properties at Sidra Tower have a return on investment rate that ranges from 6% to 7%. Residential units have an annual rental rate that ranges from AED 107,000 (USD 29,000) to AED 408,000 (USD 111,000). If current trends continue, investments can be recouped within 16 to 19 years. Office space has an annual rental rate that ranges from AED 50,000 (USD 14,000) to AED 558,000 (USD 152,000).
*The price is valid for 2021
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