Al Shaiba Towers
About the project
(sq. ft.)
Al Shaiba Towers is a residential complex located in Barsha Heights, Dubai. Commissioned in 2008, the project was developed by Al Shabiba Family, and the architectural design was implemented by Al Wasl Al Jadeed Consultants. The complex consists of two buildings, one with 34 floors and the other with 27 floors. Properties include one- to three-bedroom apartments.
Residents can enjoy a variety of amenities, including:
- Gym
- Sauna
- Spa
- Swimming pool
- Children’s playground and playroom
- Underground parking
- Nearby guest parking
- High-speed lifts
- 24-hour security with video surveillance
- 24-hour concierge services
- Satellite TV and Internet
- Game room with billiards, ping pong, and air hockey
- Restaurant and retail outlets on the ground floor
- Prayer room
Apartments range in size from 850 sq. ft. (79 sq. m) to 1,350 sq. ft. (125 sq. m). Interiors were designed using a European style. Properties have equipped kitchens, built-in wardrobes, large windows, and balconies overlooking the neighbouring complexes.
Location
Al Shaiba Towers is located within a 10-minute walk of the Mazoon Hotel & Apartments 1 and 2 bus stops and the Dubai Internet City Metro station.
Residents can choose from a wide selection of local restaurants and grocery stores. Hot n Spicy, Bazerkan, NAY, Prax’s, and Ostro can be reached within a five-minute drive of the complex. For groceries, LIFCO Supermarket, Blue Mart, ZOOM, Pearl Mart Supermarket, and Carrefour Market are also located within a five-minute drive.
The prestigious GEMS Dubai American Academy is situated within a five-minute drive of the towers, and Aster Clinic can be reached within a 10-minute walk.
The towers are located within a 20-minutes drive of several popular destinations, including:
- Dubai Mall
- Mall of the Emirates
- Palm Jumeirah
- The Walk JBR
Payback
Barsha Heights is a dynamic community that seamlessly combines residential and commercial buildings. It is located near several major highways that provide easy access to other parts of Dubai. As a result, the area is in high demand among real estate investors.
Annual rental rates for apartments at Al Shaiba Towers range from AED 50,000 (USD 14,000) to AED 71,000 (USD 19,000). Properties have a return on investment rate of 6.5%, and the estimated payback period for a unit ranges from 15 to 20 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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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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