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Empire Heights, Business Bay

Empire Heights, Business Bay

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Strengths

Prime Location

Modern Facilities

Eco-Friendly Design

Weakens

High Rental Costs

Traffic Congestion

Limited Parking Space

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Description

Empire Heights, Business Bay

Real Estate Overview

Building Overview

  • Empire Heights is a prominent commercial and residential complex located in the dynamic Business Bay area of Dubai.
  • The building boasts modern architecture and is conveniently situated near major landmarks such as the Burj Khalifa and Dubai Mall.
  • Surrounded by vibrant dining and entertainment options, Empire Heights is also well-connected via major roadways and public transport, making commuting easy.

Properties Overview

  • The building offers a diverse range of properties for both sale and rent, catering to various budgets and preferences.
  • Popular units include spacious office setups and luxury apartments, with rental prices ranging from AED 60,000 to AED 150,000 per year.
  • Sales prices for properties range considerably, with residential units starting around AED 1.1 million.

Market Trends

  • In the past year, the rental market in Business Bay has seen an increase of approximately 5%, reflecting growing demand.
  • Investors can expect a competitive return on investment (ROI) of around 6-8% due to the area’s strategic location and ongoing development.
  • Future trends indicate steady growth as more businesses and residents are drawn to this thriving community.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents and tenants have access to nearby essential services, including supermarkets, reputable schools, hospitals, and clinics.
  • Healthcare facilities like Mediclinic and Dubai Healthcare City are within a short drive, enhancing convenience for residents.

Transportation and Accessibility

  • Empire Heights enjoys excellent accessibility via the Dubai Metro and bus services, providing seamless commuting options.
  • Parking facilities are available within the building, making it easy for residents and visitors alike.

Lifestyle Amenities

  • The area features a variety of lifestyle amenities such as state-of-the-art gyms, spa facilities, upscale restaurants, and vibrant cafes.
  • Outdoor activities are plentiful, with parks and jogging tracks along the Dubai Water Canal.

Builing Facilities

  • Empire Heights is equipped with high-speed elevators, 24/7 security, and central air conditioning to ensure comfort and safety.
  • Professional maintenance services are available to handle any repairs or needs promptly.

Special Services

  • The building provides concierge services, allowing residents to enjoy personalized assistance for various needs.
  • Business centers and meeting rooms are available for tenants who require professional workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • Empire Heights offers an array of floor plans, suitable for both residential and commercial needs.
  • Options range from compact studios to expansive penthouses, catering to families, singles, and businesses alike.

Things to Consider

  • Potential tenants and buyers should evaluate their long-term living or investment goals and consider the current market conditions.
  • Key factors include property condition, management reputation, and expected community developments.

Useful FAQs and Support

Events and Building Life

Building Events

  • Empire Heights regularly hosts events and community gatherings, fostering a sense of belonging among residents and businesses.
  • Social opportunities include networking events for professionals and festive celebrations during holidays.

Community Identity

  • The building stands out in the skyline with its modern design and environmentally friendly features.
  • Its identity is shaped by a vibrant community that values quality living and professional synergy.

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Detailed Buiding Insights

1. Family Friendliness

Empire Heights offers a mix of family-friendly activities and amenities, such as parks and recreational areas, though the bustling nature of Business Bay can be less ideal for families seeking tranquility.

Moderately Welcoming

2. Living Options

The community features a variety of residential options, including luxury apartments and high-rise buildings, catering to a wide range of preferences and budgets.

Broadly Diverse

3. Safety And Security

Empire Heights is known for its strong security measures, including 24/7 surveillance and access control, making it one of the safer communities in Business Bay.

Highly Secure

4. Transportation

With easy access to major highways and public transportation options, including the metro, commuting in and out of Empire Heights is straightforward and efficient.

Extremely Convenient

5. Amenities And Facilities

The community offers a plethora of amenities, including swimming pools, gyms, retail spaces, and dining options, enhancing the living experience for residents.

Richly Equipped

6. Cost Of Living

While the luxurious living experience justifies higher prices, the cost of living in Empire Heights can be a consideration for budget-conscious individuals and families.

Relatively High

7. Things To Do

Residents can enjoy a variety of activities ranging from cultural events to nightlife, as Business Bay offers an array of options to cater to different lifestyles.

Vibrantly Diverse

8. Noise Levels

Given its location in a busy business district, some areas may experience higher noise levels, particularly during peak hours, which may not be ideal for all residents.

Generally Lively

9. Pet Friendliness

While some buildings within Empire Heights accommodate pets, the availability of green spaces for walking dogs is somewhat limited compared to other communities.

Moderately Welcoming

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

241.6K AED - 345.4K AED

Rent:

22.3K AED - 31.8K AED

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