Kharbash Tower
About the project
(sq. ft.)
Kharbash Tower is a 36-storey residential complex located on Sheikh Zayed Road in Dubai. The development’s architectural design was implemented by DAR Consult. Residences combine a classic architectural style with modern design elements. The building was completed in 2004.
The tower has a total of 160 properties, including two- to three-bedroom apartments that range in size from 1,500 sq. ft to 2,500 sq. ft. Units have at least three bathrooms, fully equipped kitchens, and spacious living and dining areas. Three-bedroom apartments also feature walk-in closets, large balconies, and separate staff accommodations.
Residents can enjoy a variety of amenities, including:
- Secured parking
- Modern gym
- Large swimming pool
- Spa
- Children’s playground
- 24-hour security and video surveillance
- Four high-speed elevators
- Lobby
- Concierge services
- Utilities by DEWA
Properties have an annual rental rate that ranges from AED 85,000 (USD 23,000) to AED 135,000 (USD 37,000).
*The price is valid for 2021
Property Information
- Location Sheikh Zayed Road, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 2-3BR
- Area from 1,500 sq. ft.
- Total Amount of Units 160
Location
Kharbash Tower Residence is located near several bus stops, such as City Walk, Box Park 1, and Police Training School, which can be reached within a five-minute walk. The Financial Centre, Burj Khalifa, and Business Bay Metro Stations are situated within five to seven minutes.
The nearest Vietnamese and French restaurant, Hoi An, can be reached within a short walk of the residences. Sarabeth’s American Restaurant and PF Chang’s are situated within a five-minute walk. For groceries and household goods, residents can shop at Broadway Grocery, which is located within a two-minute walk, and Shaheen and West Hill Supermarket are situated a bit further away.
Dubai International Airport can be reached within 10 to 15 minutes of the apartments. Clinic by Medcare and Jumeira Baccalaureate School are located within a 10-minute drive. Al Khazzan Park is situated within a three-minute walk and offers an ideal place to spend quality time with friends and family.
The complex is located near several popular attractions, including:
- Dubai Mall, a large shopping centre
- The Dubai Fountain, the world’s largest choreographed fountain system
- Burj Khalifa, the world’s tallest building
Payback
Kharbash Tower is situated near Sheikh Zayed Road, one of the city’s main highways. It connects all seven emirates together. The building is in a vibrant community that has a well-developed infrastructure. As a result, properties are in-demand among tenants and investors. Its popular location also contributes to the growth of real estate prices in the complex.
Kharbash Tower offers apartments that have a return on investment rate that ranges from 6% to 6.5%, per annum. Units can be purchased to subsequently rent out, which can generate a long-term income. Annual rental rates start at 85,000 (USD 23,140), and the estimated payback period ranges from 15 to 20 years.
*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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