Escape Tower
About the project
Escape Tower is an apartment complex by United Engineering Construction located in Dubai’s central Business Bay district. The 40-storey skyscraper, which was completed in 2006, is located near the main street of the city, Sheikh Zayed Road
The real estate collection of the complex includes apartments with 2 and 3 bedrooms. All residential properties have balconies, equipped kitchens and fitted bathrooms. The two-bedroom residences range in size from 48 square meters (517 square feet) to 149 square meters (1,604 square feet), and the 3-bedroom apartments range in size from 172 to 223 square meters (1,851 to 2,400 square feet).
Escape Tower complex provides residents with all the necessary facilities for a comfortable stay and to meet your business needs, including:
- an equipped gym;
- a spa with a sauna;
- a swimming pool;
- high-speed elevators;
- a children’s play area;
- 10-storey parking building near the tower complex;
- 24-hour security and video surveillance;
- bank, restaurant, pharmacy and beauty salons in the commercial areas of the complex.
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Location
The Business Bay area where Escape Tower is located is a commercial area adjacent to Downtown Dubai with offices, hotels and residential complexes surrounded by landscaped areas and located on the waterfront of the Dubai Creek Canal. A 4-minute walk from the tower is a bus stop of the same name and the Business Bay subway station. There are various restaurants within walking distance, and one of them, Second Home, is located on the first floor of the complex itself. The nearby West Zone Fresh Supermarket and Caesars Supermarket are just a 3-5 minute walk away.
From Sheikh Zayed Road, which is the main artery connecting different areas of Dubai, residents can quickly reach:
- Dubai Mall / Burj Khalifa / Dubai Fountain in 8 minutes;
- DXB and Al Mactoum International Airports in 15 and 50 minutes respectively;
- Palm Jumeirah Island in 25 minutes;
- The Burj Al Arab in 20 minutes;
- The Walk JBR in 30 minutes.
Return on investment
The development of the Business Bay area does not stand still, which is justified by its reputation for growth and business. Investors turn their attention to this location’s real estate due to its high return on investment, which averages 5.18% for the area. Escape Tower’s convenient location offers residents the opportunity to be in the center of business activity and quick access to nearby tourist attractions. Apartments in the complex with 2 bedrooms are rented for about AED 100,000 (USD 25,260) per year, while the annual rent for 3-bedroom apartments can go up to AED 145,000 (USD 37,000).
*The price is valid for 2020
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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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