Act Towers
About the project
Act Towers is a complex consisting of two residential buildings. It is located in the prestigious Downtown Dubai district, which is in the center of the city. The project was developed by Emaar Properties. Construction will be completed in 2022.
The complex includes Act One and Act Two towers with a height of 52 floors.
Each building has apartments with 1, 2 and 3 bedrooms, as well as penthouses with 4 bedrooms and access to a terrace. There are views of the Opera District and Burj Khalifa from the apartments.
There is 24 hour security for comfortable and safe living. A special feature of Act Towers is the latest Smart Home system.
Residents have access to an equipped fitness center, a basketball court, an indoor swimming pool, and a spa-center. There are recreation areas – a landscaped park and places for walking. There is a restaurant, a supermarket and a cinema in the complex neighborhood.
The architectural and design solutions for the complex were developed by Perkins Eastman. A modern and minimalistic style has been created in the apartments taking into account the latest global trends.
The area of apartments starts from 61 square meters (653 square feet).
The price for one-bedroom apartments start at AED 1,450,000 (USD 394,757).
The price for a four bedroom penthouse will start at AED 11,688,888 (USD 3,182,253) for 406 sq ft (4375 sq ft).
*The price is valid for 2020
Location
The nearby Sheikh Zayed Road connects with the Financial Center Road. Public transportation and Metro stops are within walking distance.
It takes approximately 18 minutes to reach Dubai International Airport by car, and 15-20 minutes to reach both Business Bay and Palm Jumeirah.
Burj Park is a 10-minute walk away.
Downtown Dubai has many exclusive restaurants and hotels, cultural and entertainment venues, including the famous Opera House, as well as stores and nightclubs.
Here there is a large shopping mall, Dubai Mall. It features brand name boutiques, cafes, a cinema and playgrounds for children, as well as an indoor ice rink.
The nearest schools and development centers are GEMS Wellington Primary School, Eman School System, Queen’s School of Business.
Within walking distance there are multiple medical centers – Zaabel Health Center, Valiant Medical Center, and Mediclinic Dubai Mall.
Payback
The return on investment for these apartments is 5.25%.
The annual rent for a one-bedroom apartment in Downtown Dubai is AED 48,000 (USD 13068). Therefore net profit is AED 37,700 (USD 10,073) per year.
The location of the complex in the city center and the many attractions around it will contribute to a consistently high demand for these apartments.
*The price is valid for 2020
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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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