The Citadel Tower
About The Citadel Tower
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The Citadel Tower is a 48-storey commercial building located in Dubai’s bustling district of Business Bay. The project was developed by Deyaar Development, and the architectural design was implemented by DAR Consult. The tower has a height of 201m and was commissioned in 2008. There are a total of 406 commercial units.
Retail space covers an area of 29,000 sq. ft., and office space covers an area of 565,000 sq. ft. Retail units range in size from 2,100 sq. ft. to 2,335 sq. ft. and are located on the first floor of the building. Units are suitable for retail stores, cafes, and restaurants. Offices range in size from 887 sq. ft. to 2,874 sq. ft. and are divided into three types: general, standard, and equipped.
The building provides a variety of amenities and services, including:
- Security and video surveillance
- High-speed elevators
- Lobby and a waiting area for guests
- Three underground levels of parking
- Equipped gym
- Swimming pool
Offices have a starting price of AED 800,000 (USD 218,000).
*The price is valid for 2021
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Property Information
- Location Business Bay, Dubai, UAE
- Developer Deyaar
- Status of Project Ready
- Type of Project Offices
- Area from
- Total Amount of Unit 406
Location
The Citadel Tower is a high-rise commercial building located near Al Aamal Street and Marasi Drive Street. Tenants typically prefer to travel around using personal vehicles and cabs. Downtown Dubai can be reached within a 10-minute drive of the tower, and Dubai International Airport is situated within a 15-minute drive.
Tenants can choose from a selection of nearby restaurants and cafes. Kitchen 6, MATTO Indian Restaurant, IL Gazebo, Prime 68, Rang Mahal, and Ananta are located within a 10-minute walk of the building.
The complex is situated within a five- to 10-minute drive of many popular facilities, including:
- JW Marriott Marquis Hotel
- Spinneys and Choithrams
- Emirates Hospital Clinic
- Bay Avenue Mall and Dubai Mall
- Burj Khalifa, the Dubai Fountain, and Dubai Aquarium
The nearest beach, Jumeirah Beach, can be reached within a 15-minute drive of the tower, and Bay Avenue Park is also located within a short drive.
Return on investment
Business Bay is considered the commercial center of Dubai. It offers a comfortable place to do business, and tenants can enjoy a wide range of upscale amenities. The community is home to many leading international and local companies. It is known for its well-developed infrastructure and good transport accessibility.
Properties at Citadel Tower are available to buy and rent. Rental rates depend on a variety of factors, including equipment, square footage, and configuration. The average annual rental rate for an office ranges from AED 65,000 to 120,000 (USD 18,000 to 33,000).
*The price is valid for 2021
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