Chess Tower
About the project Chess Tower
Chess Tower is a 15-storey residential complex located in Dubai Sports City. Construction began in 2009, and the building was commissioned in 2017. The project was developed by Almasah International Real Estate, and the architectural design was implemented by In & Edit Architecture.
There are a total of 140 residential units, including studios and one- to two-bedroom apartments. Units feature built-in wardrobes, living rooms, fully equipped kitchens, ensuite bathrooms, and balconies.
The building provides a variety of amenities and services, including:
- Underground parking
- Landscaped gardens
- Swimming pool
- Modern gym
- Jacuzzi, steam room, and sauna
- Round-the-clock security
- High-speed lifts
- Recreation areas
- Concierge services
Properties range in price from AED 240,000 (USD 65,000) to AED 1,300,000 (USD 354,000).
*The price is valid for 2021
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Property Information
- Location Dubai Sports City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Total Amount of Units 140
Location
The nearest bus stops, Arena Tower and European Building, are located within a two-minute walk of the tower.
The complex is situated within walk distance of many social and leisure facilities, including:
- Pulcinella and Copper Kettle Restaurant
- Al Maya Supermarket
- Victory Heights Primary School
- The Wonder Years Nursery
- The Saudi German Hospital Dubai
- Mosque Masjid Elite 4
- Victory Heights Community Gym
- The Els Golf Club
Dubai International Airport can be reached within a 30-minute drive of the residences. The complex is located within a 10- to 15-minute drive of several attractions, including:
- Trump International Golf Club, a club that hosts golf events, weddings, and business meetings
- Dubai Polo & Equestrian Club
- Dubai International Cricket Stadium, a facility that hosts international cricket tournaments, concerts, and special events
Economic attractiveness
Dubai Sports City offers many sports facilities that attract visitors from around the world. Chess Tower attracts local and foreign real estate investors. Properties in the tower have a return on investment rate that ranges from 5% to 6%, depending on the type of unit.
Apartments have an annual rental rate that ranges from AED 24,000 (USD 7,000) to AED 51,000 (USD 14,000). The estimated payback period on investments ranges from 17 to 20 years.
*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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