Oxford Tower

Oxford Tower is a 16-floor mixed-use development located in the heart of Dubai’s Business Bay district. Construction of the commercial complex began in 2009 and was completed by 2011. The project was developed by Deyaar Development PJSC. The architect of the project was Arex Engineering Consultants.

The main type of real estate in the complex is stores, as well as offices for commercial use, which are equipped on the principle of shell and core. These are unfurnished premises where tenants and landlords have the opportunity to do the finishing work themselves. The starting price for buying a shell-and-core office in Oxford Tower is AED 110,000 (USD 30,000). A fully equipped office will cost from AED 600,000 (USD 163,000). The property sizes range from 717 to 1818 square feet.

Store fronts range in size from 360 square feet to 2260 square feet. Retail space is available for rent only. Prices range from AED 75,000 (USD 20,500) per year.

Oxford Tower is located in close proximity to the world’s tallest building, Burj Khalifa, and close to the city’s main high-capacity roads – Al Khail Road and Emirates Road.

Oxford Tower has many facilities such as gardens with outdoor seating, seven levels of parking, hundreds of parking spaces, high-speed internet connections, central air conditioning and a building automation system.

Within Oxford Tower there are several gyms such as First Al Manazil. This is an elite gym for cardio, calisthenics and strength training. The gym has a swimming pool and an indoor squash court. Group and individual trainers will help you to create personal tailored training programs.

Purchasing commercial real estate in Oxford Tower is one of the most promising ways to invest. Dubai’s commercial real estate market is just beginning to gain momentum, so there is now an opportunity to acquire quality properties in the best areas at a great price.

The Business Bay area is home to many representative offices of local and international companies and banks, and this trend will continue for the foreseeable future. The average rental price for offices in Oxford Tower starts from AED 110,000 (USD 30,000) per year. At the same time, the return on investment in this type of housing reaches 6%. This means that the net profit will be (including VAT at 5%) AED 104,500 (USD 28,500) per year.