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Butterfly Building

Butterfly Building

About Butterfly Building

Ask for Price Starting Price from
255,000 Area from
(sq. ft.)
2016 Handover

Butterfly Building is a commercial complex located in Dubai Media City. The project was implemented by TECOM Group and features an innovation office development. It consists of two seven-storey office buildings that are connected. Construction began in 2014, and it was fully completed in 2016.

 

The building offers 255,000 sq. ft. of world-class office space, and it has a well-developed infrastructure. Offices are spacious, and tenants have access to outdoor landscaped areas, which were designed by Verdaus Landscape Architects. Most offices have wood flooring, floor-to-ceiling windows, private kitchens, bathrooms, glass partitions, and storage areas.

There are several popular restaurants, such as Quartier 6eme, Lavo, and Sushi Art, which are situated inside the building on the basement level.

Annual rental rates vary depending on the size of the unit. Offices have a minimum price of AED 88,000 (USD 24,000), per year.

*The price is valid for 2021

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Property Information

Location

Butterfly Building is located in Dubai Media City. The area can be reached by tram, bus, and the Metro. There are two nearby bus stops, one closer to the Middle East Broadcasting Centre. The 83 bus leaves from both stations. The nearest Metro stations, Dubai Internet City and Nakheel, can be reached within walking distance of the complex.

American Hospital and Black Diamond Dental are situated within a 10-minute walk of the offices. There are several local educational institutions, including British Orchard, Raffles and Blessings Early Learning Centre, Choueifat International School, Dubai College, and GEMS Wellington International School, which are located within walking distance of the buildings. Knowledge Park can be reached within a 10-minute drive and is home to numerous institutions for higher learning, such as Middlesex University, Manchester University, and Hult International Business School.

The complex is situated near several popular restaurants and cafes, including Circle Cafe, Pascal Tepper French Bakery, Joga, and Cafe Bateel, among others.

The nearest supermarkets are Swiss Mart and Plus Point. Stripes Supermarket is situated within a five-minute walk of the buildings. Choithrams Supermarket is located in the Greens complex, which can be reached within a 10-minute walk. Aswaaq Supermarket is situated near Knowledge Park.

The Mall of the Emirates and Dubai Marina Mall, two major shopping and entertainment centres, are located within a 10-minute drive of the offices. Dubai Mall can be reached within a 15-minute drive, and Dubai International Airport is situated within a 20-minute drive.

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Payback

The Dubai Media City area has more offices and retail spaces than private residences. The neighbourhood is home to many large companies. It has a developed infrastructure and excellent transportation links. As a result, commercial real estate in the area, including at Butterfly Building, has a high return on investment rate.

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