Al Durrah Tower
About the project
(sq. ft.)
Al Durrah Tower is an 18-storey mixed-use development located on Sheikh Zayed Road in the Trade Centre district of Dubai. Commissioned in 2015, the project was developed by Al Hamid Group, and the engineering was implemented by Adnan Saffarini.
Properties include two- to three-bedroom apartments that range in size from 1,800 sq. ft. to 2,200 sq. ft. Units have at least three bathrooms, living rooms, kitchens, and balconies. Three-bedroom apartments have staff accommodations.
The building also has both furnished and empty office spaces. Units have lounges and conference rooms. The ground floor of the tower is home to restaurants, cafes, and retail outlets.
The complex offers a variety of amenities and services, including:
- Underground parking with allocated spaces
- High-speed lifts
- 24-hour security and CCTV
- 24-hour concierge services
- Gym Metrofitt near the complex
Offices range in price from AED 400,000 (USD 109,000) to AED 2,000,000 (USD 545,000).
*The price is valid for 2021
Property Information
- Location Sheikh Zayed Road, Dubai, UAE
- Status of Project Ready
- Type of Project Mixed Use Building
- Units 2-3BR - Apartments, Offices
- Area from 1,800 sq. ft.
Location
Al Durrah Tower is located on Sheikh Zayed Road, one of the city’s main highways, which provides direct routes to other parts of the emirate. The nearest bus stop, Durrah Tower, can be reached within a few minutes of the building and services the 21, 98E, F11, and F28 lines. The World Trade Centre Metro Station is situated within a 10-minute walk. Dubai International Airport is located within a 15-minute drive, and Al Maktoum International Airport can be reached within a 45-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Emirates Towers Shopping Centre
- Big Value Supermarket
- WOK BOYZ Asian Street Food, Sakura Japanese Restaurant, and Celsius Restaurant
- Citizens School and Jumeira Baccalaureate School
- Odyssey Nursery
- Al Wasl Clinic
- Rashid and Fatima Mosque
- Satwa Park
The building is also located within a 10-minute drive of several popular attractions, including the following destinations.
- Jumeirah Mosque is one of Dubai’s most famous mosques, and it is open to visitors of all religions.
- Dubai Aquarium is one of the world’s largest oceanariums. It is situated in Dubai Mall, one of the Middle East’s largest shopping and entertainment centres.
- La Mer by Meraas is a popular beach that offers panoramic views of the Arabian Gulf.
Payback
Sheikh Zayed Road is one of Dubai’s main highways, which connects all seven emirates together. Given the importance of this highway, it is not surprising that nearby residential and commercial properties are always in high demand among tenants and investors.
Properties in Al Durrah Tower have a return on investment rate of approximately 7%. The annual rental rate for an apartment starts at AED 96,000 (USD 26,000), and the annual rental rate for an office starts at AED 20,000 (USD 5,000). Investments can be recouped within 15 to 18 years.
*The price is valid for 2021
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