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RBC Tower

About the project

The Residences at Business Central is a premium residential complex from the developer Damac Properties, located right on the banks of Dubai Creek in Business Bay. The building is designed in a contemporary style with 23 floors. The podium level is occupied by public spaces, parking, and commercial space, while the upper floors are occupied by residential real estate. The construction of the complex lasted five years and was completed in 2013.

There is a choice of apartments with 1, 2, or 3 bedrooms. Residential units have panoramic windows.

Residents of RBC Tower are offered the following amenities:

  • 24-hour security with video surveillance;
  • concierge service 24/7;
  • parking for cars;
  • a fitness center;
  • a swimming pool with jacuzzi;
  • a playground;
  • a barbecue area;
  • stores.

The 740 sq. ft (69 sq. m) apartments include 1 bedroom, 2 bathrooms, an open-plan kitchen, a living room, and a balcony. The minimum price for an apartment is AED 749,999 (USD 202,230).

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Location

The complex is located in the business district of Business Bay just off Ras Al Khor Rd (E44). From here you have easy access not only to any part of Dubai but also to neighboring Sharjah.

Dubai International Airport is a 20-minute drive away and Al Maktoum International Airport a 35-40 minute drive away.

Dubai Expo 2020 is 20-25 minutes from the RBC Tower.

Downtown Dubai and its famous attractions (Dubai Opera House, Burj Khalifa skyscraper, Dubai Mall, Dubai Aquarium and Underwater Zoo) are a 5-minute drive from the apartment building.

Jumeirah Beach is 10 minutes away by private or public transport.

Within 20-25 minutes you can reach the island Palm Jumeirah, which is called the eighth wonder of the world. Here you can find the largest water park in the world, Aquaventure Waterpark.

Ras Al Khor Wildlife Sanctuary is about 7-10 minutes away from the apartments. There you can see thousands of birds and other wildlife including pink flamingos.

Dubai Mall Medical Center, Health GPs, and Hatoon Medical Center are all within a 5-10 minute drive.

Kids Kingdom Nursery, Blossom Downtown Nursery Dubai, Jumeirah International Nursery, and Hummingbird Nursery Bay Square are 5-10 minutes away.

The nearest public schools are in Al Quoz 1, Al Satwa and Al Wasl. It takes about 10-15 minutes by car to reach them.

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Payback

The estimated return on the project is 5.08%. The average long-term rent for a one-bedroom apartment in RBC Tower is AED 65,000 (USD 17,550).

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