Aspect Tower (Executive Tower D), Business Bay

Aspect Tower (Executive Tower D), Business Bay

HIGHLIGHTS

About Aspect Tower (Executive Tower D)

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.

IN A NUTSHELL

  • Type of building: Commercial
  • Location: Business Bay 
  • Developer: Dubai Properties
  • Date of completion: 2009
  • Number of floors: 39
  • Number of units:  166
  • Unit type: Offices and shops
  • Type of Ownership: Freehold
  • Amenities: Gym, health club, shared pool, valet parking

BUILDING DETAILS

Facilities Aspect Tower (Executive Tower D)

Tenants in the Aspect Tower, Business Bay can avail all the communal facilities.

Parking

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.

Elevators

There are eight passenger lifts and a service elevator in Aspect Tower.

Security and Concierge Services

There is manned security and CCTV surveillance in Aspect Tower. Visitors are required to identify themselves before being allowed to check-in.

Fitness Amenities

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.

Properties in Aspect Tower (Executive Tower D)

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 offices
  • Furnished offices
  • Semi-furnished offices
  • Partitioned or shared offices

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.

Offices in Aspect Tower

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.

Rental Trends in Aspect Tower

  • Properties for rent in Aspect Tower are available for AED 95k to AED 250k per annum.
  • The rent for a fully fitted office starts from AED 140k and may go up to AED 200k.

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.

Sale Trends in Aspect Tower

Sales price starts from AED 785k for an office covering 1,048 sq. ft. of an area.

  • Fully fitted offices cost around AED 940k
  • Partitioned offices cost around AED 2M

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.

Service Charges in Aspect Tower

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. In AED
3.26
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. In AED
3.02
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. In AED
7.20
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. In AED
0.96
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. In AED
0.16
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. In AED
9.00
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. In AED
0.80
General Fund
Adjustment
The difference between the estimated amount charged the previous year vs the actual amount spent
Price Per Sq. Ft. In AED
-0.23
General Fund
Income
A credit or debit charge
Price Per Sq. Ft. In AED
0.18
General Fund
Total
Price Per Sq. Ft. In AED
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.

NEARBY AMENITIES

Transportation near Aspect Tower

Bus Stations Near Aspect Tower

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.

Metro Stations Near Aspect Tower

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 in easy reach so motorists do not have to face problems. Except, you must keep a 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.

business bay metro station near Aspect Tower (Executive Tower D)
Business Bay Metro Station near Aspect Tower (Executive Tower D)

Restaurants near Aspect Tower

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 – An Asian-themed restaurant
  • Filli Cafe – A friendly coffee house
  • Sidra Restaurant and Cafe – A fast-food joint

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:

  • Bombay Brasserie – A good option for seafood in Taj Hotel
  • La Postreria – in Souk Al Bahar
  • Rang Mahal – An Indian Restaurant

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 Dubai
  • Bridgewater Tavern
  • Iris Dubai, The Oberoi

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 roof-top lounge where you can enjoy sweet treats and drinks in open air.

Nearby Buildings

There are many commercial buildings near Aspect Tower some of which include Vision Tower, B2B Tower and Opal Tower. These projects are a 10-minute drive away.

THINGS TO CONSIDER

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 also has many public transport options and restaurants close to it. However, not many units are vacant as most properties have been already occupied. 

Are you looking to buy or rent offices in Aspect Tower?

RATINGS & REVIEWS

Reviews are not available currently for this building

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