OST Tower
About the project OST Tower
(sq. ft.)
OST Tower is a six-storey residential complex located in Dubai International City on Phase 2 Street (Warsan 4), Mushraif. The development has been fully built.
Studios have a minimum size of 46 sq. m (500 sq. ft.). One-bedroom apartments have a minimum size of 79 sq. m (850 sq. ft.), and two-bedroom apartments have a minimum size of 139 sq. m (1,500 sq. ft.).
There are a total of 65 residential units, including studios and one- to two-bedroom apartments. Residents can enjoy a variety of amenities and services, including:
- Children’s playground
- Recreation area
- Gym
- High-speed elevators
- After-sale services
- Security and video surveillance
- Maintenance services
- Air conditioning
- Pet-friendly accommodations
- Concierge services
- Garden
- Fire safety system
- Reserved parking for each unit
Property Information
- Location International City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 500 sq. ft.
Location
Dubai International Airport is located within a 15-minute drive of the complex, and Al Maktoum International Airport can be reached within a 35-minute drive. The nearest bus stops, Manama Road 4, AVON Residence, International City, and Greece 2, are situated within a five- to 10-minute drive, and the nearest Metro stations, Rashidiya, Emirates, Creek, Al Jadaf, and Deira City Centre 2, are located within a 20-minute drive.
Residents can choose from a selection of local restaurants. Chatkara Restaurant, La Mama Restaurant, and Chin Chin International City can be reached within a 10- to 15-minute drive of the residences. For groceries and household goods, residents can shop at Hypermarket NAZ, Speedy Grocery, and Ward Al Madina Supermarket, which are situated within a five-minute walk. NAZ Hypermarket is located next to the tower and is open until 2 a.m.
For leisure activities, residents can take advantage of the Ras Al Khor Wildlife Sanctuary, which can be reached within a 15-minute drive of the apartments. The nature reserve is inhabited by various fish, reptiles, and birds, as well as other animal species. The flamingos are particularly popular among visitors.
Dubai Butterfly Garden is situated within a 20-minute drive of the complex and features thousands of live butterflies from around the world. Zabeel Park is located within a 15-minute drive and offers a peaceful place to enjoy time with friends and family, which may surprise visitors since it’s situated in the heart of such a high-tech city.
Payback
International City is an exceptionally popular part of Dubai for buying and renting properties. Real estate has a high return on investment rate due to its convenient location, good transport accessibility, and fairly low housing prices. Studios and apartments are in demand among tenants and investors, and one-bedroom and two-bedroom apartments are the most sought-after units to buy and rent.
Studios have a return on investment rate of 8.4%. One-bedroom apartments have a return rate of 8.3%, and two-bedroom apartments have a return rate of 5.5%.
The annual rental rate for a studio starts at AED 20,000 (USD 5,000). The annual rental rate for a one-bedroom apartment starts at AED 28,000 (USD 8,000), and the annual rental rate for a two-bedroom apartment starts at AED 44,000 (USD 12,000).
*The price is valid for 2021
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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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