Shipping Tower
Shipping Tower
Shipping Tower is an eight-storey commercial building located in the Al Raffa area of Bur Dubai. It has an eye-catching glass façade and floor-to-ceiling windows that offer beautiful views of downtown Dubai.
Properties include business offices that are fully furnished and equipped with all of the necessary facilities.
Shipping Tower provides a variety of amenities, including:
- State-of-the-art gym.
- Nearby parks, recreation areas, bike paths, and green spaces
- Two levels of free underground parking
- High-speed passenger and freight elevators
- Nearby fitness centres, such as Al Thani and Fitness Extreme
- Central air conditioning
- 24-hour private security with discreet video surveillance
- Reception area to welcome visitors
For pricing information, please contact Metropolitan Premium Properties.
Location
Shipping Tower is located on Al Mina Road near the central street of Khalid Bin Al Waleed Road. Sheikh Zayed Road can be reached within a 26-minute drive of the tower. The nearest bus stop, the Department of Ports and Customs 2, is situated within a four-minute walk. Local bus routes include C09, N55, X13, X92, 8, 9, 12, and 93. The nearest Metro station, Sharaf DG, is connected to the green line.
The tower is located within walking distance of several popular destinations, including:
- Art Tower – 1 minute
- Aaraamam Restaurant – 2 minutes
- Al Waleed Building – 3 minutes
- Desi Deira Restaurant – 4 minutes
- Dubai Museum – 6 minutes
- Port Rashid Passenger Terminal – 6 minutes
- Sheikh Saeed Al Maktoum House – 7 minutes
- Al Tayer Building – 8 minutes
Eat & Drink Restaurant can be reached within an 11-minute drive of the complex.
Payback
Al Raffa is part of the Bur Dubai area, one of the oldest and largest neighbourhoods in the city. This community offers many commercial and residential buildings, as well as entertainment venues and World Heritage sites. There are several local schools, supermarkets, parks, and medical facilities.
The average rent for an office with an area of 1,250 sq. ft. (115 sq. m) is approximately AED 81,000 (USD 22,000), per year.
The tower offers a high level of economic attractiveness, and properties have a return on investment rate that has reached 5.83% this year. Return rates are projected to increase in the coming years. Thus, the approximate net profit (including VAT) for owning a property would be AED 77,000 (USD 21,000), per year.
*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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