Overview
The iconic shaped Metro Tower, with a unique base framing the imposing entrance to the building, and surrounded by thoughtfully created landscapes, may be the place you so far have been waiting for. Based on an out-of-the-world plan, the elegant tower should be the right place for you to live and work.
The Project
Metro Tower, one more dazzling City of Arabia project, is located almost in the center of Dubailand. Built in a dynamic tapering shape and with interlocking curves, the residential-cum-commercial complex effectively presents a great viewing spectacle. The unique design, one of the latest internationally, assigns it a special status amongst all the state-of -the-art developments created so far in the City of Arabia/Dubailand.
Structure
The 45-storeyed Metro Tower offers 264 residential units positioned over 28 floors. The tower consists of studio and one to three bed room apartment as well as penthouses - all provided with tasteful and stylish interiors. The minimum size of one residential unit is 594 sq ft (that of a studio apartment). As regards the commercial section, the initial 16 floors (Floor 1 to 16) of Metro Tower are assigned exclusively for office units.
Facilities
o Separate entrances provided for residential and office sections.
o Independent covered parking spread over eight levels.
o Availability of children’s play area, club house, billiards room common lounge, gymnasium, aerobics hall, indoor swimming pool and steam baths/saunas.
o Close proximity to City of Arabia monorail station, shops, restaurants and cafes.
The focus was on residential property however recently the attention of investors is starting to shift toward commercial property in Dubai. When looking at the current situation with commercial property, Dubai has a real shortage which recent reports suggest is likely to continue for the next few years. With new businesses continue to set up, multinationals locating considerable operations and existing businesses expanding rapidly the demand for office space and retail space has pushed up rental costs. New projects such as Business Bay and the Dubai International Financial Centre (DIFC) are bringing in increased supply to the commercial property in Dubai. Business is considering the option of buying their own commercial property. Dubai’s double digit rental returns on commercial property are keeping the commercial property team at Dubai Luxury Homes busy with finding offices and retail space to buy and rent.
