Almas Tower

Almas Tower is a 68-story building located in Jumeirah Lakes Towers, next to Goldcrest Executive and Indigo Tower. It was the 7th tallest building in Dubai. It was launched in 2005 and completed by 2009. The developer was the famous company Nakheel Properties. The unusual architecture of the tower in the form of a spiral and with a glass finish makes it stand out among the skyscrapers of Dubai.

Almas Tower is a commercial building, inside of which the famous Dubai Diamond Exchange, Dubai Pearl Exchange and Dubai Gems Club are located. Also inside the building is the office of the Dubai Multi Commodities Center (DMCC), a free-trade zone for commodities.

Almas Tower real estate is represented by office space of various configurations. There are fully furnished offices, unfurnished offices, and offices with rough decorating. Available space ranges from 800 to 3,000 square feet. Properties in the complex are available for both rent and purchase. The average annual rental price, depending on the size and quality of the space, is AED 156,000 – 650,000 per year (USD 42,500 – 177,000). The starting price for an office is AED 1 600 000 (USD 435 600).

Thanks to its proximity to the DMCC and the gemstone exchanges, real estate in Almas Tower is very popular with both buyers and tenants. Potential investors can choose the office space that best suits their needs. The building has ready-made offices, as well as offices with a rough finish, which gives the opportunity to arrange them according to the requirements of the buyer.

Almas Tower building is located in a popular residential area of the emirate and has high transport accessibility, which will be very convenient for the employees of local companies. It should be noted that the demand for renting offices in this building is very high, and the downtime is minimal. The average profitability of this project is estimated at 6.38% per annum.