Bayswater Tower
About us
Bayswater Tower is a modern office and business center in Dubai’s Business Bay district. It has 25 floors, two basements and five podium levels. Bayswater Tower has a total of 293 offices and 11 retail stores.
The project was developed by Omniyat Properties in collaboration with Dubarch Architects. The Bayswater Tower building is designed to visually resemble two towers leaning against each other. The office building was completed in 2009 and was assigned Class A.
Inside the complex are the following amenities:
- private parking;
- high-speed elevators;
- a fitness center;
- a wellness club;
- round the clock security;
- a concierge service.
Bayswater Tower offers office and retail space both for rent and for sale. Office space can range in size from 748 to 1,200 square feet. The starting purchase price of such facilities is AED 650,000 (USD 177,000). The annual rent of the office will cost from AED 55,000 (USD 15,000). The standard size of stores is about 1,099 square feet. Buying such an asset will cost from AED 2,700,000 (USD 735,000) and to rent one will cost from AED 175,000 (USD 47,700).
*The price is valid for 2020
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Location
Bayswater Tower rises on the main promenade of the lively Business Bay. The building is close to Sheikh Zayed Road. Lillian Tower 2 bus stop is a 5-minute walk away. The nearest Business Bay Metro Station is approximately a 15-minute walk away.
The convenient location of Bayswater Tower offers quick access to many important places of Business Bay, such as:
- Dubai International Airport (DXB) – the trip takes 21 minutes;
- The new Al Maktoum International Airport, a 45-minute drive;
- Dubai Mall is a 10 minute drive;
- The residential area of Palm Jumeirah can be reached in a 20 minute drive;
- The Walk JBR can be reached in 25 minutes.
There are several continental restaurants, a bakery, Dubai Islamic Bank branch, coffee shops and a supermarket in close proximity to the complex.
Payback
The wide range of office space in the Bayswater Tower is attracting more and more investors willing to purchase this type of property. Dubai’s commercial real estate sector is constantly gaining in popularity. Such assets provide returns of up to 6% per annum.
The Bayswater Tower complex is advantageously located in the Business Bay area, close to key transport interchanges and all necessary infrastructure. The building has all the amenities one needs for quality work and leisure for employees. Due to the popularity of the area with local and international companies, local real estate is in high demand from tenants.
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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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