Executive Bay Towers
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Executive Bay Towers

Buying Property in Executive Bay Towers

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About the project

Executive Bay Towers is a mixed-use complex where Tower A is a residential building and Tower B is a commercial building. The two towers are connected by a vestibule which allows for easy access from one part of the complex to the other. The project, designed by DAMAC Properties, has a futuristic style.

The Executive Bay Towers now features studios, 1-bedroom and 2-bedroom apartments available for rent and purchase.

Amenities at Executive Bay Towers include:

  • a pool;
  • an equipped gym;
  • a beauty salon;
  • a jacuzzi;
  • a sauna;
  • a parking lot;
  • high-speed elevators;
  • a children’s playground;
  • concierge service 24/7;
  • round the clock security and video surveillance;
  • pets are allowed.

An 88.3 sq. m (951 sq. ft) studio is priced at USD 238,228 (AED 875,000). A 149 sq. m (1,604 sq. ft) two-bedroom apartment will cost USD 476,456 (AED 1,750,000).

For rentals, a studio will cost about USD 13,340 (AED 49,000) per year. Rents for apartments range from USD 14,974 to 21,236 (AED 55,000-78,000).

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Location

The complex is located in the Business Bay area close to Sheikh Zayed Road, which provides easy access to the surrounding areas. There are also public transport services like the metro and bus. The closest bus stops are XL Tower, XL Tower 2, Avanti Tower, U-Bora Tower 1 and U-Bora Tower 2. They are just an 8-12 minute walk from the complex. Business Bay Metro Station is a 5-minute drive from Executive Bay Towers.

On-site grocery stores, cafes and restaurants include Nine7One, La Mezcaleria Kitchen & Lounge and Ananta, Zoom Supermarket, West Zone Fresh Supermarket and Happy Mini Mart.

The commercial buildings and hotels nearby include DAMAC Park Central, Safeer Tower 1 and AG Tower.

Located between Al A’amal Street and Dubai Creek and close to attractions such as Dubai Opera, Burj Khalifa and the Dubai Mall.

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Payback

Business Bay is considered the business center of Dubai. Its advantageous location near the city center, as well as the rapid pace of commercial enterprise development here make this area particularly lucrative for financial investment.

Investors are not bypassing residential properties in the area, as they meet the high standards of living of discerning businessmen. Today, the return on investment for apartments in Executive Bay Towers is 5.12%.

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