Index Tower

Index Tower (One Central Park) is a residential complex located on Sheikh Zayed Road near Emirates Towers and the Dubai International Convention and Exhibition Centre. Completed in June 2020, the project features five high-rise office buildings and two hotels: ibis One Central Hotel and Accor Hotels Dubai One Central.

Each unit meets all of the modern building regulations and office requirements, including international Class A standards, LEED Gold certification, and RICS standards.

Index Tower has 400 different residential units, including studios, one- to three-bedroom apartments, and three-bedroom penthouses. The one-bedroom apartments in the Central Park residential towers are available in two configurations: Type A and Type B. They offer split-level units with spacious living rooms, kitchens, and bathrooms. One-bedroom apartments range in size from 97 sq. m. (1,047 sq. ft.) to 118 sq. m. (1,275 sq. ft.).

The minimum price for a one-bedroom apartment is AED 900,000 (USD 245,000), and the price for a two-bedroom apartment starts at AED 1,700,000 (USD 462,000).

The minimum price for a penthouse is AED 22,000,000 (USD 6,000,000). Residents of the penthouses receive two parking spaces.

The office spaces feature first-class interiors, quality finishes, and a wide variety of layouts. The size of the spaces starts at 48 sq. m. (516 sq. ft.), and prices start at AED 201,000 (USD 55,000), per annum.

The building provides 24-hour private security, 18 high-speed elevators, a unique access control system, and a rooftop barbecue area. There is onsite parking available for 2,530 vehicles.

Additionally, residents have access to a gym, steam room, and sauna, and there are bike and jogging paths surrounding the tower, as well as a squash court.

The average annual rental rate for a one-bedroom apartment in Index Tower (One Central Park) is AED 95,000 (USD 26,000). The return on investment rate for this type of housing reached 5.8%. The estimated net income, including VAT (5%), will be AED 90,000 (USD 25,000), per year.