Dubai World Trade Centre Overview
Dubai World Trade Center (DWTC) stands as a pivotal landmark in Dubai’s skyline, symbolizing the city’s rapid growth and international stature. Established in 1979, it was Dubai’s first skyscraper and has since evolved into a dynamic mixed-use complex encompassing office spaces, residential units, hotels, and event venues. Strategically located along Sheikh Zayed Road, DWTC serves as the nucleus of Dubai’s Central Business District, offering unparalleled connectivity and accessibility.
DWTC Neighborhood:
The DWTC neighborhood is characterized by its vibrant mix of commercial, residential, and leisure facilities. It houses the Dubai International Convention and Exhibition Centre (DICEC), renowned for hosting over 300 global events annually, including GITEX Technology Week and Gulfood. Adjacent to the exhibition halls are the iconic Sheikh Rashid Tower and Convention Tower, which provide premium office spaces. For residential living, the Jumeirah Living – World Trade Centre Residence offers luxurious serviced apartments and duplexes. The area is well-served by the World Trade Centre Metro Station, ensuring seamless connectivity to other parts of the city.
DWTC Features
Dubai World Trade Center boasts state-of-the-art infrastructure designed to cater to the needs of businesses and residents alike. The complex includes five hotels, such as the 25hours Hotel One Central and Ibis One Central, providing a range of accommodations. Additionally, the area features a variety of dining options, retail outlets, and dedicated parking facilities. The World Trade Centre Metro Station, located within the complex, offers convenient access to the Red Line, facilitating easy commutes for residents and visitors.
Properties in DWTC
Property Sale Prices
DWTC presents a range of properties suitable for both investors and end-users:
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1-Bedroom Apartments: Approximately AED 2 million
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2-Bedroom Apartments: Around AED 2.9 million
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3-Bedroom Apartments: Approximately AED 5.4 million
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4-Bedroom Apartments: Around AED 6.3 million
These properties offer a promising return on investment, with 2-bedroom apartments yielding an ROI of 7.53%, 3-bedroom apartments at 7.49%, and 4-bedroom apartments at 6.5%.
Rental Prices
For those interested in renting, DWTC offers various options:
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1-Bedroom Apartments: Starting from AED 90,000 per year
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2-Bedroom Apartments: Approximately AED 125,000 annually
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3-Bedroom Apartments: Around AED 216,000 per year
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4-Bedroom Apartments: Approximately AED 225,000 annually
These rental rates reflect the area’s desirability due to its central location and comprehensive amenities.
In conclusion, the Dubai World Trade Centre community offers a unique blend of business, residential, and leisure facilities, making it an attractive destination for both investors and residents seeking a dynamic urban lifestyle.
Since the starting purchase prices and rental rates vary based on size and type of properties, please contact QAE Real Estate at +971 42222669 for any assistance.
