The Executive Towers is a mixed-use project in Business Bay, the hub of commercial activities in Dubai. It comprises 10 residential towers, a hotel building known as the Executive Hotel Tower and an office building known as Aspect Tower. All the skyscrapers are named as alphabetic blocks. A 3-storey podium connects all the buildings, and on the first two levels, there is the popular Bay Avenue Shopping Mall featuring retail outlets and cafes. Various communal facilities are on the podium’s third level, The Courtyard.
The Executive Tower D or Aspect Tower is the first freehold office building in the business district. Hence, it is highly sought-after. Developed by the leading real estate company, Dubai Properties, the project was launched in 2005 and completed in 2009. As for the architectural height and design, Aspect Tower rises 135 metres above the ground boasting a basement, a mezzanine level, a ground level and 39 floors. Also, the building has a parking capacity for 750 cars. With green cladding planes and tinted blue glass, aluminium and portals of sandstone, the skyscraper outshines other properties in the neighbourhood.
The project is located before the second interchange on Sheikh Zayed Road and Aspect Tower Business Bay’s location is on the north-western side of Executive Towers. It strategically lies between Defence Roundabout and Al Safa Park with easy access to the main road.
Tenants in the Aspect Tower, Business Bay can avail all the communal facilities.
Tenants and visitors can park cars in the basement. Parking in Aspect Tower can accommodate 700 cars and each office can sign up for limited slots.
There are eight passenger lifts and a service elevator in Aspect Tower.
There is manned security and CCTV surveillance in Aspect Tower. Visitors are required to identify themselves before being allowed to check-in.
There are a lot of fitness centres and gyms in Business Bay. Tenants in Aspect Tower can take a stroll in the maintained parkland in the plaza or hit the gym in the health club. They can also have access to the community pools.
There is a commercial centre on the ground floor featuring shops and retail outlets. Besides these, the Aspect Tower, Business Bay has 166 office units that vary from 1,000 sq. ft. to 3,000 sq. ft. Offices on the topmost floors are larger in size spanning up to 6,000 sq. ft. As for the types of properties in Aspect Tower (Executive Tower D), you will find:
Fully-fitted units are ready to be used. These may vary in size and floor plans. There are furnished and semi-furnished offices as well, ready to move-in anytime. Shared units are not private office spaces; these are available as partitioned offices where tenants or owners would share a conference room, bathrooms and a pantry. Some units may also feature extra space for storage.
Executive Tower D is the first office building to be completed in the commercial hub of Dubai. It has a range of offices available for rent or sale.
Offices for rent in Aspect Tower (Executive Tower D) span across 1,125 sq. ft. to 2,831 sq. ft. A typical fully fitted office with 1,757 sq. ft. of covered area costs around AED 140k per annum. Whereas, one can rent partitioned offices that cover 1,958 sq. ft. of an area for more than AED 190k per annum. Similarly, rents may increase if you get a fully furnished office that’s ready to move-in. One may have to fork out over AED 200k for such units spanning over 2,831 sq. ft. of an area.
Similarly, the sales prices of these units vary according to the floor area and views from the offices. Some units boast spacious balconies too. Offices for sale in Aspect Tower (Executive Tower D) start from AED 785k. Here, a duplex unit may span across 6,848 sq. ft. covering the top floors. Such offices may cost around AED 6.8M.
As for fully furnished office spaces, the expected annual rent would be around AED 195k. For more options, one can browse offices for rent in Business Bay.
Sales price starts from AED 785k for an office covering 1,048 sq. ft. of an area.
To buy a furnished office in Aspect Tower, Business Bay, you would require AED 1M to AED 2.5M. One can find many other suitable options in offices for sale in Business Bay.
General Fund | Price Per Sq. Ft. In AED |
---|---|
Services General upkeep of the building |
3.26 |
Maintenance General repairs and replacements |
3.02 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
7.20 |
Management Services Owner’s association charges for managing the property |
0.96 |
Insurance Charge for the insurance of the building |
0.16 |
Master Community Fees for communal facilities in the neighbourhood |
9.00 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
0.80 |
Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
-0.23 |
Income A credit or debit charge |
0.18 |
Total | 24.35 |
These figures are based on the services charges for Aspect Tower, Business Bay*, as per the Dubai Land Department. There are many different types of service charges in Dubai. Read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
Many bus stations are in the vicinity and the nearest ones include East Height Towers and The Binary Tower. Buses that stop at the East Height Towers Entrance Gates include F19A and 19B while you can catch F50 and 14 from The Binary Tower. One can also board feeder bus 13 from 8 Boulevard Walk Tower 1, which is a 10-minute walk from the building.
There are plenty of options for transportation near Aspect Tower (Executive Tower D). First, the Business Bay Metro Station is only 4 minutes away. A good 15-minute walk would also easily take you to the station. Burj Khalifa/Dubai Mall Metro Station is at a 5-minute driving distance.
Most importantly, the main roads are within easy reach. But you must keep track of the peak hours and alternative routes. SZR, E11 is 9 minutes away via Happiness Street D86, and Sheikh Mohammed Bin Rashid Boulevard is 8 minutes away.
Being located in a bustling neighbourhood, the Executive Towers are close to some of the most popular restaurants in Business Bay. There is a variety of cafeterias, kitchens and restaurants nearby.
Some casual eateries near the tower include:
Miss Tess Dubai is only a minute away, you can also go there directly on foot. Whereas the other two options are at a short drive, hardly 5 minutes from the building.
If you’re looking for fine dining restaurants near Aspect Tower, you can enjoy your meals at:
All these options are easily accessible at a short drive. Moreover, one can head directly to Dubai Mall for a range of options available in the food court.
Nightlife options near Aspect Tower include:
Gemayze is a nightclub on Marasi Driveway, accessible in less than 10 minutes. Second, Bridgewater Tavern is a bar you can try if you like fancy beverages. It is on Sheikh Zayed Road. Last, Iris Dubai, The Oberoi is a rooftop lounge where you can enjoy sweet treats and drinks in the open air.
There are many commercial buildings near Aspect Tower, including Vision Tower, B2B Tower and Opal Tower. These projects are a 10-minute drive away.
Executive Tower D (Aspect Tower) can work as an ideal location for many firms. Aspect Tower companies can benefit from the building’s central location, which has many public transport options and restaurants close to it. However, few units are vacant, as most properties have already been occupied.
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