Saeed Tower 1
About Saeed Tower 1
(sq. ft.)
Saeed Tower 1 is a 34-storey mixed-use development located on Sheikh Zayed Road in Trade Center District (SZR), Dubai.
Properties include one- to three-bedroom apartments that range in size from 800 sq. ft. to 2,566 sq. ft. Units have living rooms, fitted kitchens, ensuite bathrooms, and balconies. Three-bedroom apartments also have staff accommodations and storerooms.
The community provides a variety of amenities and services, including:
- Parking with allocated spaces
- 24-hour security and CCTV
- Gym
- Swimming pool
- Onsite retail outlets and restaurants
- High-speed lifts
- High-speed internet
- Central air conditioning
- 24-hour concierge services
Property Information
- Location Sheikh Zayed Road, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR Apartments
- Area from 800 sq. ft.
Location
The nearest bus stop, White Crown Tower, is located within a two-minute walk of the apartments. The nearest Metro station, World Trade Centre, can be reached within a five-minute walk. Dubai International Airport is situated within a 15-minute drive, and Al Maktoum International Airport can be reached within a 45-minute drive.
The complex is located within walking distance of many social, commercial, and leisure facilities, including:
- Gate Avenue Shopping Centre
- Union Coop Hypermarket
- Ayoush Restaurant & Café, McDonald’s, and Starbucks
- Citizens School, Dubai Autism Centre, Jumeira Baccalaureate School, and Ambassador School
- Hospital Life Clinic
- Dubai World Trade Centre
- Satwa Park
- Gulfood and Gitex Shopping & Exhibition Centres
The building is also situated within a five- to 10-minute drive of several popular attractions, including the following destinations:
- The Museum of the Future is a cultural centre with innovative and futuristic exhibitions.
- Green Planet is a huge glass dome that houses a rainforest with colourful birds, reptiles, and sloths.
- Coca-Cola Arena is the Middle East’s first and largest fully indoor arena.
Payback
Residents have direct access to Sheikh Zayed Road, one of Dubai’s main highways, which connects the seven emirates together. As a result, properties in the area are in demand among tenants and investments.
Apartments at Saeed Tower 1 can be purchased to subsequently rent out, which can generate a steady income. Units have a return on investment rate of approximately 7%. Annual rental rates range from AED 54,000 (USD 15,000) to AED 105,000 (USD 29,000). If current trends continue, investments can be recouped within 14 to 18 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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+971 4 428 6111
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