Reef Tower
About the project
Reef Tower is a commercial complex featuring a variety of modern office spaces. The building features sleek interiors and highly functional layouts – ideal conditions for doing business and conducting meetings. The building is considered one of the area’s most popular venues.
The skyscraper has 32 floors with a parking lot, gym, and spa. Reef Real Estate Investments LLC created a contemporary building that offers a convenient location for work and leisure.
Reef Tower offers a wide range of office spaces and retail outlets. Some of the units have wall-to-wall panoramic windows with beautiful views of the surrounding area. Units can be move-in-ready, which is a popular option for prospective buyers.
Reef Tower offices range in size from 321 sq. ft (30 sq. m) to 5,950 sq. ft (553 sq. m), and prices range from AED 1,600,000 (USD 436,000) to 3,000,000 (USD 817,000).
*The price is valid for 2021
The developers made sure to take into consideration the comforts required of office accommodations. The building’s amenities include:
- Customisable office space (i.e. dividable, furnished, or semi-furnished)
- Conference rooms
- High-speed elevators
- Secure parking
- Gym
- Spa with sauna
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Location
The Jumeirah Lake Towers area is a quiet part of the city. In addition to modern buildings, the area offers plenty of green spaces, including landscaped parks, shady paths, beautiful benches, and quaint lakes. It is a great place to enjoy leisurely walks before or after work. There are also cosy cafés with terraces that are perfect for grabbing a quick bite to eat or cup of coffee.
The location is known for having direct access to many different transportation options, such as highways, buses and the metro. Additionally, the area offers many restaurants serving international cuisine, as well as shopping centres, an observation deck, a bowling alley, and the Marina Walk promenade. Many of these destinations are located within walking distance of Reef Tower, and all of them can be quickly reached by public transport or car.
The building and its surrounding area offer desirable conditions for employees of the office centres and its visitors.
Payback
The average return on real estate in the Jumeirah Lake Towers area is about 6%. This figure can vary depending on the type of office rented, as well as its intended use. However, the area is consistently popular among leisure and business travellers alike. Rental income at Reef Tower is projected to experience continual growth due to its convenient location, wide range of commercial real estate offerings, and affordable prices.
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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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