Tecom 1 Tower
About the project
(sq. ft.)
Tecom 1 Tower is a high-rise residential complex located in Barsha Heights, Dubai. Properties include studios and one- to two-bedroom apartments that are equipped with built-in cabinets, modern bathrooms, spacious balconies, and panoramic windows. Some units also have guest accommodations.
Residents can enjoy a variety of amenities, including:
- Swimming pool with adjustable temperature controls
- Gym
- Sauna
- Children’s playground
- Concierge services
- 24-hour security with video surveillance
- Free parking
- Elevators
- Maintenance services
Units range in size from 83 sq. m (900 sq. ft) to 170 sq. m (1,840 sq. ft).
The annual rental rate for a one-bedroom apartment ranges from USD 14,500 (AED 53,000) to USD 381,000 to (AED 140,000), and two-bedroom apartments have an annual rental rate of USD 23,000 (AED 85,000).
*The price is valid for 2021
Property Information
- Location Barsha Heights, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 900 sq. ft.
Location
The community of Barsha Heights is known for having good transport accessibility. Tecom 1 Tower is located near Sheikh Zayed Road and Al Khail Road, which provides residents with easy access to other parts of the city. Buses and cabs can be found throughout the community, and the Dubai Internet City Metro station is situated within a short drive of the residences. The international airport can be reached within a 10-minute drive.
Barsha Heights is adjacent to several popular areas of Dubai, such as Media City, Palm Jumeirah, Dubai Marina, and Jumeirah Lakes Towers.
Residents can enjoy a several popular attractions situated within a 15-minute drive of the complex, including:
- Dubai Marina Mall
- Mall of the Emirates
- Emirates Golf Club
- Jebel Ali Racecourse
- Al Sufouh Beach
There is a wide selection of nearby restaurants, such as Ucci Sushi, Toma Lounge, Cafe Lanoisette, Ostro, Seven Stones, Spotlight, Beef King, Two Seasons, and Prego’s.
For groceries, residents can shop at ZOOM, Gooday Market, Towers, Day Mart, and Carrefour, which offer fresh food and household essentials.
Residents can take advantage of local kindergartens, schools, medical centres, pharmacies, banks, fitness centres, and beauty salons, which can be reached within 10 minutes of the complex.
Payback
Tecom 1 Tower offers a convenient location within a community that has a well-developed infrastructure. Properties are ideal for couples, families with children, and professionals working in the area.
Barsha Heights continues to develop new residential complexes, and the cost of an apartment is expected to grow by up to 10% in the coming years. According to market analysts, real estate at Tecom 1 Tower has a return on investment rate of 7.67%, per annum. Units can be purchased to subsequently rent out. As a result, investors can expect an average net profit of up to USD 15,000 (AED 55,000), a year.
*The price is valid for 2021
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Metropolitan Premium Properties
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team@metropolitan.realestate
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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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