Metropolis Tower
About the project
The Metropolis Tower complex is a modern commercial building of 22 floors with beautiful panoramic views from the windows. The tower was designed by Deyaar, a Dutch company registered in the UAE and a leading regional real estate developer. The building is located in the prestigious Business Bay area, in close proximity to the center, next to the Dubai Canal. Construction began in 2006 and was completed in 2011.
Metropolis Tower offers a full range of commercial real estate – 320 offices and a total area of 280,000 sq. ft (26,030 sq. m). Two duplex-type offices are also provided.
On the first floor there are retail stores, a café (Qasr Al Iftar), a restaurant (Amore), a shopping arcade and prayer rooms. There will be a 3 level underground parking lot. A 24-hour security service provides security to employees and visitors, including through video surveillance. Concierges welcome guests, visitors and clients.
Office space can be rented or bought. Rental costs range from AED 30,000 to 176,000 (USD 8,200-47,900). The purchase price of commercial space ranges from AED 486,000 to 20,000,000 (USD 13,250-5,445,000).
*The price is valid for 2021
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Location
Metropolis Tower is located in the up-and-coming Business Bay neighborhood of Marasi Drive Street, which today has a large number of both commercial and residential buildings. Nearby you’ll find Westbury Tower 1, Westbury Tower 2, and the world’s tallest tower, Burj Khalifa, which stands 828 meters high.
The busy Al Khail Road is just a 2-3 minute drive from the commercial complex. Sheikh Zayed Road, the city’s business center, is just a 6-7 minute drive away. There is a Bay Square 2 bus stop just a 4-minute walk from the tower. The nearest metro station can be reached in 7 minutes.
There are cafes and restaurants close to the tower, including Bombay Brasserie (Indian cuisine), Matto (Italian cuisine), Muchachas Mexican Cantina (Mexican cuisine) and many others.
The largest flamingo sanctuary in the country is Ras Al Khor Wildlife Sanctuary.
The area also provides kindergartens and schools.
Payback
The gross return on investment in the apartments in Metropolis Tower reaches 5.08%, which is high enough. It is worth noting that according to the master plan, by 2040 the Business Bay area is planned to become the second after Downtown Dubai financial center. All this makes the purchase of commercial real estate in Metropolis Tower an extremely promising investment.
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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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