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Mazaya Business Avenue BB-2, JLT

Mazaya Business Avenue BB-2, JLT

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Jumeirah Lake Towers (JLT), Cluster B, Dubai

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Strengths

Prime Location

Modern Facilities

Sustainable Design

Weakens

Parking Limitations

Crowded During Peak Hours

High Rental Costs

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Buildign Overview

Summary

  • Mazaya Business Avenue BB-2 is a prime commercial tower located in the bustling Jumeirah Lake Towers (JLT) area of Dubai, known for its vibrant business environment.
  • This modern building is surrounded by numerous amenities, including cafes, restaurants, and retail spaces, catering to the needs of professionals and residents alike.
  • Notable landmarks such as the Dubai Marina and the iconic Palm Jumeirah are within a short drive, enhancing the building's attractiveness for business ventures.

Properties Overview

  • The building offers a mix of office spaces and commercial units, appealing to various businesses looking for a strategic location.
  • Popular units often include fitted offices and shell-and-core spaces.
  • Rental prices typically range from AED 50 to AED 120 per square foot, while sale prices for offices start around AED 800,000, depending on size and layout.

Market Trends

  • Recent trends indicate a steady demand for office rentals in JLT, with an average rental yield of approximately 7-9%.
  • In the past year, increasing occupancy rates have been observed, spurred by a growing number of startups and multinational companies moving into the area.
  • Market forecasts suggest continued growth, with an expected increase in both rental and sales prices as the economy rebounds.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Within walking distance, residents and tenants can access essential services such as supermarkets, schools, and healthcare facilities, which are vital for a balanced lifestyle.
  • JLT houses several international schools and clinics, ensuring convenience for families and professionals living in the area.

Transportation and Accessibility

  • The building boasts excellent connectivity with the Dubai Metro, located just a short walk away, providing easy access to the wider city.
  • Ample parking spaces are available for tenants and visitors, with easy road access to Sheikh Zayed Road and other major routes.

Lifestyle Amenities

  • The area offers a variety of lifestyle amenities, including gyms, wellness centers, and entertainment options, fostering a work-life balance.
  • Numerous dining options range from casual eateries to fine dining, catering to diverse culinary preferences.

Builing Facilities

  • Mazaya Business Avenue BB-2 features modern elevators, 24/7 security, and central air conditioning, ensuring a comfortable and secure environment.
  • Regular maintenance services are provided, keeping the facilities in optimal condition for both tenants and visitors.

Special Services

  • Additional services include concierge support, which assists with tenant needs, and business centers equipped for professional meetings.
  • The building also offers guest services to accommodate visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, from flexible office layouts to larger commercial spaces, designed to suit different business requirements.
  • These property types cater to startups, SMEs, and established companies looking for a strategic hub.

Things to Consider

  • Prospective tenants and buyers should consider proximity to public transport, nearby amenities, and potential for business growth when making decisions.
  • It's advisable to review maintenance fees, service charges, and building management policies ahead of time.

Useful FAQs and Support

Events and Building Life

Building Events

  • Mazaya Business Avenue BB-2 hosts regular networking events and social gatherings, fostering community among tenants and local businesses.
  • These events provide excellent opportunities for collaboration and professional growth.

Community Identity

  • The building is distinguished by its modern architectural design and professional ambiance, making it a desirable location for businesses.
  • Its strategic location in JLT enhances its appeal, attracting a diverse mix of tenants and contributing to a dynamic business ecosystem.

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Detailed Buiding Insights

1. Family Friendliness

The area is primarily commercial, so while there are some family-friendly facilities, it lacks dedicated parks and recreational areas that would appeal to families.

Moderately Welcoming

2. Living Options

The majority of living spaces are designed for professionals, offering modern apartments that cater to corporate residents, but options for larger, family-oriented living units are limited.

Mostly Professional

3. Safety And Security

The area is known for its low crime rates and well-monitored security systems, ensuring residents feel secure in their surroundings.

Generally Safe

4. Transportation

Excellent access to public transportation, including the Dubai Metro, and major roads make commuting easy for residents and businesses alike.

Highly Convenient

5. Amenities And Facilities

While the area has essential amenities like supermarkets and cafes, the range of leisure facilities and entertainment options is relatively limited.

Moderately Equipped

6. Cost Of Living

Rent and living expenses tend to be higher than in other areas, reflecting the commercial nature and location of the community.

Relatively High

7. Things To Do

The focus of BB-2 is more on business, which limits recreational activities and places for entertainment compared to more residential areas.

Limited Variety

8. Noise Levels

The proximity to busy roads and high-density businesses contributes to higher noise levels, particularly during peak hours.

Generally Noisy

9. Pet Friendliness

While some residential properties do allow pets, the lack of dedicated pet-friendly areas and facilities can make it challenging for pet owners.

Somewhat Restrictive

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Key Information

Developer:  Al Mazaya Holding Company

Building Type: Commercial

Building Age: 13 years(completed in 2011)

Unit Types : offices and shops

Floors: 45 floors

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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