The Light Commercial Tower
About the project
(sq. ft.)
The Light Commercial Tower is a 10-storey commercial complex located in the Arjan district of Dubailand. The project was developed by ACW Holdings and was completed in 2012.
In addition to office space, the building has a conference room with arched windows that can be used to host meetings and events. The first and second floors are dedicated to retail space, and the remaining floors house offices that vary in configuration. Units range in size from 45 sq. m (486 sq. ft) to 72 sq. m (775 sq. ft). Each floor has bathrooms, kitchens, and dining areas, and superior offices come with balconies, kitchens, bathrooms, and pantries.
The complex provides a variety of amenities and services, including:
- Maintenance services
- Cleaning services
- Security and video surveillance
- Utilities
- Insurance
- High-speed elevators
- Two-levels of parking
- Street parking for visitors
- Onsite restaurants and cafes
Annual rental rates for offices start at AED 30,000 (USD 8,167), and property prices start at AED 360,000 (USD 98,000), depending on the size of the unit and the availability of additional space and furniture.
Annual rental rates for retail space starts at AED 45,000 (USD 12,250), and property prices start at AED 495,000 (USD 134,763).
*The price is valid for 2021
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Property Information
- Location Arjan, Dubai, UAE
- Offices Ready
- Type of Project Offices
- Area from 486 sq. ft.
Location
The Light Commercial Tower is located in the vibrant community of Arjan. It is a mixed-use area with residential and commercial complexes. The community continues to grow as new real estate projects are being developed. The area offers excellent infrastructure and easy access to transportation networks. Owners and tenants can take advantage of nearby highways, such as Sheikh Zayed Road. The nearest bus stop, Damac Northside Building, can be reached within a two-minute of the complex, and the First Abu Dhabi Bank Metro Station is situated within a 10-minute walk.
Hot & Cold Cafe is located on the building’s first floor, and Zest, a health food restaurant, can be reached within a short walk of the offices. Additional bars and restaurants are available within a 10-minute drive.
Arjan is home to two world-famous amusement parks: Dubai Miracle Garden and Dubai Butterfly Garden, and the district has pharmacies, medical centres, banks, supermarkets, and fitness centres.
Payback
The Light Commercial Tower offers many profitable real estate investment opportunities, and it is surrounded by upscale residential complexes, which attract professionals working in the area. The building has all of the necessary conditions for running a business. After 10 years, the complex is home to many prominent businesses. It also has profitable retail outlets situated on the first two floors of the building.
Units have a return on investment rate of 5.94%, and properties can be purchased to subsequently rent out, which can generate a steady income.
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Metropolitan Premium Properties
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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