Park Towers is a modern residential complex implemented by the developer DAMAC Properties. The complex features two multi-storey buildings, which consist of apartments, offices, and commercial spaces. Units are available to buy and rent. Each building consists of 49 floors with the first seven floors reserved for offices. Parking and retail outlets are located on the basement floors.
The project is recognized as one of the best mixed-use complexes in the region due to its innovative construction and multi-use spaces. Residents can live, work, and shop in one place.
Prospective buyers can choose from a wide range of apartments, including studios and one- to three-bedroom apartments ranging in size from 450 sq. ft (298 sq. m) to 3,200 sq. ft (298 sq. m). Despite the many differences in layouts, each property has a balcony with views of the surrounding park areas, cafés, and restaurants.
Residents can enjoy luxury accommodations that were designed to maximise comfort. Units offer unique designer renovations made with high-quality materials, which were carried out by experts using modern design methods. Depending on the number of tenants and personal preferences, properties can be selected to satisfy even the most demanding clients.
One-bedroom apartments have a starting price of AED 880,000 (USD 240,000), and the maximum price for a property is AED 2,300,000 (USD 626,200).
*The price is valid for 2021
Park Towers is located in Dubai International Financial Centre (DIFC), a district situated in central Dubai. The area offers plenty of activities and entertainment venues. However, residents can enjoy peace and tranquillity within the complex.
The area features a well-developed infrastructure and convenient transportation options. There are bus stops and Metro stations situated within walking distance of the complex, which offer easy access to other parts of the city.
Residents can enjoy several local restaurants serving a wide variety of cuisines. Some of the most popular dining establishments include Crab Market Restaurant & Lounge, KIZA Restaurant & Lounge, and Al Safadi Restaurant. There are also many cafés and snack bars located inside the complex.
DIFC has numerous supermarkets and grocery stores, such as Spinneys, Choithrams, and Al Maya Supermarket, which are located within a two-minute walk of the towers. Residents can buy fresh fruit and vegetables, as well as home goods.
Residents can take advantage of local schools and kindergartens located within walking distance of the complex. There are also nearby spas and beauty salons, so residents don’t need to leave the area to enjoy a grooming treatment.
Park Towers is located near several attractions, including:
The profitability of an investment in properties at Park Towers is approximately 5%. Investors can benefit from several advantages, including:
Park Towers offers many profitable real estate investment opportunities, as well as high-quality accommodations within a major metropolitan city.
Sign up for our weekly newsletter for market updates!