The Sky Tower
About the project
(sq. ft.)
The Sky Tower is a 24-storey mixed-use complex located on Sheikh Zayed Road in Dubai. The project was commissioned in 1996 and consists of commercial and residential real estate. Its close proximity to the Dubai World Trade Centre, as well as Dubai Mall and Burj Khalifa, make it an attractive place to conduct business.
Residential units include two- to three-bedroom apartments that are available to rent. Properties range in size from 1,350 sq. ft. to 1,901 sq. ft. and feature quality interior finishes, fitted kitchen areas, and built-in wardrobes. Some apartments also have views of Burj Khalifa and Downtown Dubai, while others have views of skyscrapers in the DIFC area.
The complex provides a variety of amenities and services, including:
- Swimming pool
- Gym
- Covered parking
- Nearby visitor parking
- Squash court
- Nearby restaurants and shops
- 24-hour security and maintenance services
- Children’s playroom
- Spacious lobby with a reception area
- Panoramic views of modern skyscrapers
- Direct access to Sheikh Zayed Road
Property Information
- Location Sheikh Zayed Road, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 2-3BR
- Area from 1,350 sq. ft.
Location
The Sky Tower is located near Unique Tower Supermarket, Shisha House Coffee Shop, and Diva Gents Salon. Choithrams Grocery Store and the Emirates Tower Metro Bus Stop Landside can be reached within a five-minute walk of the tower. Financial Centre Station, Trade Centre, and Museum of The Future are situated within a 10-minute walk.
The building is located near Sheikh Zayed Road, one of Dubai’s main thoroughfares. Dubai International Airport and Dubai Mall, a centre with a famous skating rink and singing fountains, can be reached within a 10-minute drive. Dubai World Trade Centre Tower, Dubai Frame, and Dubai Garden Glow Park are also situated within a 10-minute drive.
The complex is located within a 10- to 15-minute drive of many social, commercial, and leisure facilities, including:
- The Warehouse Gym
- La Mer Beach
- Al Quoz Pond Park
- Ras Al Khor Wildlife Sanctuary
- City Walk Shopping Centre
- Great Minds Nursery
- Al Safa High School and Al Raya Girls School
- Emirates Hospital Jumeirah and Alittihad Health Centre
Payback
Sky Tower offers many profitable real estate investment opportunities. It is strategically located near a major highway, which provides direct routes to other parts of the city.
Apartments are suitable for long-term rentals and are in demand among professionals and their families. Properties range in price from AED 90,000 (USD 24,000) to AED 125,000 (USD 34,000) and have a return on investment rate of 5.5%.
*The price is valid for 2021
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!