Dubai is the latest international business and tourism centre. Its free trade zones are among the most successful in the world. One such free zone is the Technology and Media Free Zone (TECOM) that offers all free zone benefits such as 100% freehold commercial properties.
Dubai has therefore become particularly attractive from the investment point of view. One such project is Smart Heights, a freehold, totally corporate real estate development located in the hub of TECOM.
Smart Heights is designed for offices of blue chip companies that demand state-of-the-art technological infrastructure to meet targets, control overheads, and increase productivity. Given its location in a free zone, companies operating out of Smart Heights will not be subject to local municipality and government economic department rules.
Project features of smart heights
o Marvelous contemporary architecture
o Large entrance lobby
o Health club
o Gymnasium overlooking swimming pool
o Day care center
o Security surveillance cameras
o Reception with 24 hours security
o Smart elevators that recognize maximum traffic floor
o Touch pad request and LCD screen response
o Fiber optic grid
o A true T-line (dedicated internet speed of 1.5 Mbps)
o Wireless Ether-net for networking
o Business lounge
o Fully automated board rooms
o Desktop touch screens
o Lighting controllers
o Video conferencing
o Pop up projector & LCD display
o Conference room
o Coffee bar, Restaurant and Recreational room
o Underground parking facilities with 2 Parking free
o 50 years tax exemption on income tax & any other corporate tax
Payment terms of the property smart heights
o 10% - on reservation
o 10% - within 60 days of reservation
o 10% - within 120 days of reservation
o 10% - within 180 days of 2nd installment, due date or completion of piling, whichever comes earlier
o 10% - on completion of podium structure
o 10% - on completion of 5th floor structure
o 10% - on completion of 10th floor structure
o 10% - on completion of 15th floor structure
o 10% - on completion of 20th floor structure
o 10% - on completion date
