Central Park Towers, DIFC
About Central Park Towers
Central Park Towers is a mixed-use complex of two towers, located in the DIFC area in Dubai. Close to the southern entrance of the community, Central Park Towers is designed by Hopkins Architects Ltd. and jointly built by Dubai Properties Group and Deyaar Development. The complex was opened in 2014 and features the 721-feet tall Office Tower with 45 storeys, alongside the 797-feet tall Residential Tower, which is built on 47 floors.
The Residential Tower consists of studio, 1, 2 and 3-bedroom apartments and 3 to 5-bedroom penthouses, which also come in duplex and triplex configurations. The Office Tower features fully fitted and shell and core offices, along with retail spaces and shops. The residential building is fitted with excellent amenities, such as swimming pools and a world-class gymnasium. The buildings are within a walking distance to Downtown Dubai and a 5-minute drive to Sheikh Zayed Road. Dubai International Airport is only 25 minutes away from Central Park Towers.
IN A NUTSHELL
- Complex of 2 buildings, located at the southern entrance of DIFC
- Office Tower has 45 floors
- Residential Tower has 47 floors
- 400 residential units
- Features studio, 1, 2 and 3-bedroom apartments and 3 to 5-bedroom penthouses
- Duplex and triplex units also available
- Luxury apartments with marble flooring
- 860,000 sq. ft. of office space
- More than 3000 parking spaces
- Free visitor parking and valet services
- High quality amenities include swimming pools and a gymnasium
- 24-hour security with access control
Facilities in Central Park Towers
Central Park Towers has 8 levels of parking areas, where there are more than 3,000 parking spaces to accommodate the residents. Each apartment has an allocated parking space and can be provided more upon request. The parking area uses the “ParkChip” technology to ensure safe and secure parking for the residents and tenants.
One parking space per 500 sq. ft. is provided to tenants, with additional space available upon request. There is a valet parking facility for tenants and visitors. Visitor parking is free for 3 hours.
The Office Tower is equipped with 18 high-speed elevators and the Residential Tower also has a sufficient number of lifts.
Security, Central Air-Conditioning and Maintenance Services
Central Park Towers has a round-the-clock security team. There is also an access control system so that no unauthorised person enter any of the two towers. The central air conditioning services are provided by DEWA. Maintenance services in Central Park Towers are timely and satisfactory.
There is a BBQ area on the rooftop of the Residential Tower, where residents can gather and hold gatherings. Other than this, there is a tenant lounge area on the P2 floor and an event space which can be booked and used for social or business events.
Gym and Fitness Facilities
Residents of Central Park Towers have access to a state-of-the-art gymnasium with modern equipment, as well as a steam room and sauna for those who like to soak up the heat. There is a cycling and jogging track around the towers and also a squash court.
Central Park Towers offers excellent amenities to its residents. There are 2 swimming pools in the building. Children get their own play area where they can play and have fun with other children. Other than this, there are a number of retail amenities featuring restaurants, retail stores and other essentials.
Concierge and Guest Services
The Residential Tower features a modern lobby with marble flooring, with a concierge that is available to attend to guests and residents round-the-clock. The Office Tower has a triple high lobby with spacious reception and also provides valet parking services for the visitors.
Central Park Towers Floor Plans
The apartments and penthouses in Central Park Residence Tower are designed and built on different configurations, which can be seen in their floor plans.
- Studio apartments in Central Park Towers have one floor plan, namely Type A.
- 1-bedroom apartments in Central Park Towers are divided into Type A and Type B.
- 2-bedroom apartments in Central Park Towers consist of 10 different unit types from Type A to Type F.
- 3-bedroom apartments in Central Park Towers consist of six different configurations.
- 3-bedroom penthouses in Central Park Towers have two different floor plans.
There are 2D and 3D floor plans of the apartments and penthouses. You can view the Central Park Towers floor plans on Bayut.
Offices in Central Park Towers
DIFC is a popular location for corporations, which is why offices in Central Park Towers are very popular among local and international companies. Offices are available at an area ranging from 1,013 sq. ft. to 28,277 sq. ft. with rental prices spanning from AED 232k to AED 3.4M. The office spaces range from a small area to full-floor offices which can house over 300 employees.
Most offices in Central Park Towers are fully fitted and it is up to the tenants to finish them according to their requirements. There are some shell and core and Cat A offices as well. All the floors have floor-to-ceiling windows, which offer mesmerizing views of the Dubai skyline.
Renting a fully fitted office in Central Park Towers can cost anywhere from AED 232k for an area of 1,104 sq. ft. to AED 1.7M for a size of 7,912 sq. ft. Getting a full-floor shell and core office can cost around AED 3.4M, which provides tenants with a wide area of 28,277 sq. ft.
Shops in Central Park Towers
Along with offices, shops in Central Park Towers are also available for brands and companies. They are available as shell and core units and fitted shops, ranging from 411 sq. ft. to 2,233 sq. ft. with rent ranging from AED 375k to AED 580k yearly. You can also buy a shop in Central Park Towers from AED 600k to AED 2M, depending on the size.
Apartment Types in Central Park Towers
There are 400 different residential units in the Residential Tower of Central Park Towers, featuring studio, 1 and 2-bedroom apartments, as well as 3-bedroom penthouses.
Studio Apartments in Central Park Towers
Studio apartments in Central Park Towers cover an area from 733 sq. ft. to 906 sq. ft. These apartments come with an open kitchen with appliances and a bathroom, which is near the entrance. There is a spacious living area, which can be furnished and decorated as per the resident’s wishes.
1-Bedroom Apartments in Central Park Towers
1-bedroom apartments in Central Park Towers are available in two configurations and span an area of 1,047 sq. ft. to 1,275 sq. ft. It also features a large bedroom with a dressing room and ensuite bathroom. There is a spacious living area with an open kitchen, plus a guest bathroom near the entrance. Some of the units come with a different design and have a powder room instead of a full guest bathroom.
2-Bedroom Apartments in Central Park Towers
2-bedroom apartments in Central Park Towers cover an area ranging from 1,600 sq. ft. to 2,100 sq. ft. There are three different configurations for these apartments, as well as seven configurations for 2-bed duplex apartments.
The single-level apartments feature a master bedroom, with an attached bathroom and dressing room. The second bedroom has a smaller area and has a bathroom opposite to it. Some apartments are complemented with a spacious terrace. Both configurations come with a powder room besides the two bathrooms.
There are many different configurations and options for 2-bedroom duplex apartments in the building. The basic structure of all the duplex units features an open kitchen, powder room and a living area on the lower level, with 2 bedrooms, a dressing room and attached bathrooms on the upper level. Some configurations also feature a large terrace on the lower levels of the apartments.
3-Bedroom Apartments in Central Park Towers
3-bedroom apartments in Central Park Towers range from 2,023 sq. ft. to 2,972 sq. ft. and are available in duplex configurations with six different floor plans. The lower level features an open kitchen, powder room and living area. On the top level, there are two bedrooms with ensuite bathroom and a third bedroom with an adjacent bathroom. Each bedroom has a dressing area. There is also a small TV lounge and laundry room on the top floor.
Two of the floor plans offer a different setting than the other units with the entrance, kitchen and living area on the top floor and the bedrooms on the bottom level. Some of the units also come with a spacious terrace.
Penthouses in Central Park Towers
Penthouses in Central Park Towers are built over an area of 6,403 sq. ft. to 6,591 sq. ft. They are luxurious triplex units with three to five bedrooms and have two different configurations. On the lower level, there is a powder room near the entrance, followed by the maid’s room and fully fitted kitchen, with a small laundry room beside it. A spacious living and dining area spans the entire lower level. There is a private elevator for penthouses as well.
The middle level, which also has its own entrance, brings the residents to another living area and two bedrooms, each with an attached bathroom. The top-most level features another bedroom, with an attached bathroom and dressing room. A spacious terrace extends from the bedroom and also features a Jacuzzi.
Most Popular Apartment Types in Central Park Towers
Based on searches conducted by users on Bayut.com over the past 6 months
Searches on Bayut show that 2-bedroom apartments are the most popular apartment type in Central Park Towers, followed close behind by 1-bedroom and 3-bedroom apartments.
Rental Trends in Central Park Towers
Central Park Towers have some of the most suitable and popular apartments among DIFC apartments for rent.
- Studio apartments in Central Park Towers are rented out for a price of AED 62k to AED 100k.
- 1-bedroom apartments in Central Park Towers are available from AED 95k to AED 135k.
- 2-bedroom apartments in Central Park Towers are rented out from AED 125k to AED 200k.
- 3-bedroom apartments in Central Park Towers are priced from AED 130k to AED 275k.
- Penthouses in Central Park Towers are rented out for AED 380k to AED 410k.
Rent for flats in Central Park Towers is charged annually and is paid through 4 to 6 post-dated cheques. This can be further discussed with the landlord upon visiting.
Sale Trends in Central Park Towers
Investors can buy an apartment in Central Park Towers for the following prices:
- Studio apartments in Central Park Towers cost anywhere from AED 1.1M to AED 1.3M.
- 1-bedroom apartments in Central Park Towers are valued at AED 899k to AED 1.95M.
- 2-bedroom apartments in Central Park Towers range from AED 1.7M to AED 4M.
- 3-bedroom apartments in Central Park Towers can be bought for AED 3.48M to AED 5.5M
- Penthouses in Central Park Towers are sold for AED 11M and above.
Rental Yield in Central Park Towers
Based on searches conducted by users on Bayut.com over the past 6 months
Investors and owners can expect a solid return on investment (ROI) when they rent out their apartment or penthouse. 1-bedroom apartments in Central Park Towers give a return of 6.5% and 2-bedroom apartments offer an ROI of 5.9%. Studio and 3-bedroom apartments offer an ROI of 5.6% and 4.4%, respectively.
Transportation near Central Park Towers
Central Park Towers is well-connected to the infrastructure of Dubai, with road links from Sheikh Zayed Road, Financial Centre Road and Al Khail Road, which makes it easier for residents to travel to other places. Looking for transportation near Central Park Towers is not difficult at all.
Bus Stations near Central Park Towers
Residents who prefer to take the bus to work and other places can board a bus from DAMAC Park Tower Bus Station, which is a 5-minute drive from Central Park Towers. Za’abeel Bus Station is also nearby and can be reached in 6 minutes. Other nearby bus stations are Business Bay Bus Station and Wasl, Etisalat Bus Station, which are 10 and 8 minutes away, respectively.
Metro Stations near Central Park Towers
The Financial Centre Metro Station is at a walking distance from Central Park Towers, making it very easy for residents to travel to and from the complex. Other nearby stations are Emirates Towers Metro Station, which is 5 minutes away and World Trade Centre Metro Station, a drive of 8 minutes.
Tram Stations near Central Park Towers
Residents also have the option of taking the tram. The nearest tram station is Tram Depot Dubai and can be reached by a drive of 18 minutes. Other nearby tram stations are Al Sufouh Tram Station, 20 minutes away and Media City Tram Station, which is 21 minutes away from the complex.
Restaurants near Central Park Towers
In Central Park Towers, there is an entire retail area with many restaurants, which can be enjoyed by the tenants, as well as the residents. Some of these restaurants include:
- Mama’s Bites
- Fogo de Chao
- Camuti Restaurant
You can taste various cuisines of the world at these restaurants. Krave is a Mexican restaurant which focuses on healthy food and salad. Mama’esh features the local delicious Arabian cuisine. For a taste of Lebanese food, Mama’s Bites is a wonderful option. People who like steaks and Brazilian food can give Fogo de Chao a try. Camuti Restaurant is an Italian eatery. Central Park Towers also has a franchise of Starbucks, which is the largest one in all of Dubai.
Some popular restaurants near Central Park Towers include MINA Brasserie, a European restaurant which is 5 minutes away from the complex. Residents and tenants can also try various International dishes at SPARK by Caramel, which is at a walking distance from Central Park Towers.
Fine dining options near the complex are:
- Gaia - Gate Village
- Zuma - Gate Village
- Mint Leaf of London - Emirates Financial Towers
There is a flurry of fine dining and exotic restaurants near Central Park Towers, much to the delight of residents and tenants. Zuma, located 4 minutes away, is a Japanese restaurant, whereas you can try out Greek cuisine at Gaia, which is located 6 minutes away in Gate Village. If you have a taste for Indian food, you can head over to Mint Leaf of London in Emirates Financial Towers, which is a few minutes walk.
A couple of nightlife options near Central Park Towers are:
- Double Decker - Roda Al Murooj
- Flair No. 5 - The Ritz-Carlton Dubai International Financial Centre
- Luna Sky Bar - Four Seasons Hotel DIFC
All of the aforementioned are quality options for drinking and having a good time. They offer a full bar, as well as various entertainment options.
Supermarkets near Central Park Towers
There is a Spinneys outlet inside the retail area of Central Park Towers. It has branded goods and electronics as well, which means that residents do not have to go out of the way for grocery shopping. Other supermarkets near Central Park Towers are:
- Allday Minimart
- New Delma Supermarket
Choithrams is another international retail chain, located 2 minutes away from the complex. New Delma Supermarket can be found at a drive of 6 minutes, whereas you can reach Allday Minimart in 8 minutes by car.
- Index Tower - residential building
- Liberty House - residential building
- DAMAC Park Towers - commercial building
- 21st Century Tower - residential building
- Emirates Grand Hotel
There are many residential and commercial buildings near Central Park Towers, such as Index Tower, Liberty House, DAMAC Park Towers and 21st Century Tower. There are many hotels nearby as well, the closest being Emirates Grand Hotel.
Some of the major landmarks and attractions near Central Park Towers include:
- Gate Village
- Burj Khalifa
- Dubai Fountain
Gate Village is a popular public space, located 6 minutes away from the complex. It is known as a hub of architecture, retail, art and dining. It contains many excellent restaurants and art galleries and also hosts “Art Nights” regularly, showcasing performances of art, music and theatre.
11 minutes away from the complex is the tallest building in the world - the Burj Khalifa. Standing at 828 metres, it was launched in 2010 and is the crown jewel of the Dubai skyline. At its 125th and 148th floors is an observation deck, from where people can see the Dubai skyline. There is also an observatory and lounge on the top-most floor, called “At the Top”, which provides an even more spectacular view of the emirate.
Near the Burj Khalifa is the famous Dubai Fountain, which is a spectacle for the people of Dubai, as well as tourists from all around the world. Every night, people come by to see the waterworks, which are choreographed to various songs and pieces of music.
THINGS TO CONSIDER
Overall, Central Park Towers is a wonderfully designed building complex, which provides some of the best DIFC apartments for sale, as well as commercial units. Since the entire community has mixed-use developments and commercial properties, people looking for accommodation with quiet surroundings might not be able to fit in well at Central Park Towers.