Aspect Tower (Executive Tower D), Business Bay

Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

High Occupancy Costs

Traffic Congestion

Limited Parking Space

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Strengths

Prime Location

Situated in the heart of Business Bay, providing easy access to key business districts and leisure destinations.

Modern Amenities

Equipped with state-of-the-art facilities including a gym, swimming pool, and conference rooms.

Sustainable Design

Features environmentally friendly designs and energy-efficient systems.

Weaknesses

High Occupancy Costs

Leasing rates are on the higher side compared to other buildings in the area.

Traffic Congestion

Can experience significant traffic, especially during peak hours, affecting commute times.

Limited Parking Space

Insufficient parking facilities for both residents and visitors, which may cause inconvenience.

Considerations

Accessibility to Public Transport

Proximity to metro stations and bus stops is a key consideration for potential tenants.

Future Development Plans

Check for any upcoming projects in the vicinity that may affect living conditions or property value.

Community Environment

Consider the type of community and neighboring buildings to ensure it aligns with personal or business goals.

Buildign Overview

Summary

Aspect Tower, also known as Executive Tower D, is strategically located in the heart of Business Bay, a prominent business district in Dubai.
The building boasts proximity to major transport links, upscale retail venues, and a variety of dining options, making it a desirable location for professionals and families alike.
Nearby landmarks include the iconic Burj Khalifa, Dubai Mall, and numerous leisure spots, enhancing its appeal compared to neighboring buildings.

Properties Overview

The tower features a mix of residential apartments, primarily 1, 2, and 3-bedroom units that cater to various lifestyles and needs.
Rental prices for apartments start at approximately AED 80,000 annually for 1-bedroom units, while 2-bedroom apartments can range from AED 120,000 to AED 160,000.
For those interested in purchasing, the sales prices typically hover around AED 1.2 million for 1-bedroom apartments and AED 1.8 million for 2-bedroom units.

Market Trends

The real estate market in Business Bay has shown steady growth, with rental yields averaging around 7% across properties.
In the past year, prices have appreciated by approximately 5%, fueled by increasing demand for urban residential spaces and proximity to business hubs.
Market forecasts suggest a continued rise in interest, particularly as infrastructure developments in Dubai advance.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have easy access to essential services including supermarkets like Spinneys and Carrefour, as well as several international schools and healthcare facilities in close proximity.
Nearby hospitals and clinics ensure residents' healthcare needs are conveniently met.

Transportation and Accessibility

The building is well-connected via Dubai Metro, with a station located just a short walk away, providing seamless access to other parts of the city.
Ample parking spaces are available for residents and visitors, enhancing accessibility.

Lifestyle Amenities

Aspect Tower offers a range of lifestyle amenities including fitness centers, swimming pools, and landscaped gardens.
Residents can enjoy access to nearby restaurants, cafes, and hotels, providing a vibrant living experience.

Builing Facilities

Key building features include high-speed elevators, round-the-clock security, and central air conditioning.
Maintenance services are readily available to ensure comfort and convenience for all residents.

Special Services

The tower provides concierge services, facilitating day-to-day living and enhancing the overall resident experience.
Business centers within the building cater to professionals seeking flexible workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of floor plans are available, accommodating different lifestyle preferences, from compact one-bedroom setups to spacious family-oriented two and three-bedroom layouts.

Things to Consider

Potential tenants and buyers are advised to consider factors such as proximity to workplaces, lifestyle preferences, and community amenities when choosing a property.

Useful FAQs and Support

Events and Building Life

Building Events

Aspect Tower frequently hosts community events and gatherings, encouraging social interaction and fostering a sense of belonging among residents.

Community Identity

The building distinguishes itself with its contemporary architecture and vibrant community atmosphere, making it not just a residence, but a part of a larger lifestyle experience in Business Bay.

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Detailed Buiding Insights

1. Family Friendliness

While Aspect Tower offers some family-oriented amenities, the proximity to business hubs may not cater fully to family needs. Nearby parks and recreational areas provide some outlets for families.

Moderately Welcoming

2. Living Options

Aspect Tower features a variety of living options including spacious apartments and luxury finishes, appealing to various lifestyles from singles to families.

Diverse Choices Available

3. Safety And Security

The building is equipped with advanced security systems, including 24/7 surveillance and controlled access, contributing to its reputation as a safe living environment.

Highly Secure

4. Transportation

Located in Business Bay, residents enjoy easy access to main roads, public transport, and the metro, making commuting straightforward for work and leisure.

Convenient Access

5. Amenities And Facilities

Aspect Tower boasts a variety of amenities such as a swimming pool, gym, and community spaces, enhancing the overall living experience for residents.

Richly Equipped

6. Cost Of Living

The cost of living in Aspect Tower is on the higher side, reflective of its prime location and luxury offerings, appealing to those seeking a central lifestyle.

Relatively Premium

7. Things To Do

The surrounding area offers a multitude of dining, shopping, and entertainment options, ensuring residents have access to a lively atmosphere.

Vibrantly Diverse

8. Noise Levels

Despite its central location, apartments are designed to minimize external noise, creating a more tranquil living environment compared to bustling street levels.

Generally Quiet

9. Pet Friendliness

While pets are generally welcomed, some restrictions apply, and the availability of pet-friendly amenities is limited within the tower.

Moderately Accommodating

Schools

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Key Information

Developer: Dubai Properties

Building Type: Commercial

Building Age: 15 years(completed in 2009)

Length: 166

Unit Types : Offices and shops

Floors: 39

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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