Executive Towers, Business Bay
About Executive Towers
Featuring a mix of commercial and residential towers, Business Bay, Dubai is a central business district in the emirate. This popular commercial bay stretches over 46 kilometres and has 240 buildings.
Executive Towers is a complex consisting of twelve towers close to Sheikh Zayed Road and Business Bay Metro Station. Out of twelve, one tower is commercial while the remaining eleven towers are for residential use. There are 1,799 apartments in Executive Towers. The individual buildings are named as Executive Towers Building M, B, K, H, G, J, L, F, E, C and Aspect Tower. Executive Tower Building M has 52 storeys and rises 689 feet above the ground. It is used as a residential and hotel property. Executive Tower Building M is 92nd tallest building in the UAE and 68th tallest in Dubai.
The project by master-developer Dubai Properties started in 2005 and all the buildings were completed by 2009. Dubai Properties is recognised for Dubai’s renowned and iconic projects such as Mudon, Villanova and Remraam.
Bay Avenue is a unique retail destination in Executive Towers. It is set on two floors and serves over 25,000 individuals working and living in Executive Towers as well as the neighbouring high-rise complexes. It is based on 170,000 sq. ft. area and is considered one of the best malls for shopping and fine dining. The mall has a spa, a men's salon and a tanning centre. It also has 640 parking spaces.
Executive Towers showcase a mix of residential apartments, offices, podium villas and duplex penthouses. The buildings offer stylish studios in addition to the 1, 2, 3 and 4-bedroom apartments.
IN A NUTSHELL
- Developed by Dubai Properties
- One of the most popular residential projects in Business Bay
- 12 high-end towers
- One of the freehold properties in Dubai
- The tallest tower is Executive Tower Building M with 52 storeys
- Close access to Sheikh Zayed Road and Downtown Dubai
- Offers a mix of commercial and residential apartments
- Tower A consists of a five-star hotel managed by the Taj group
- Apartments and penthouses are available for rent and sale
- High-speed elevators are installed in all towers
- Walking distance from Business Bay Metro Station
- Features Bay Avenue Retail Promenade, a retail destination that has a variety of cafes, sports facilities and essential services stores
Facilities in Executive Towers
Executive Towers feature upscale facilities. The buildings are well-maintained and are counted as one of the most sought-after properties in Business Bay.
There is covered parking in Executive Towers for residents. There is ample parking space for guests as well. People can also opt for nearby paid parking spaces which are abundant.
There are high-speed elevators in Executive Towers as well as a separate cargo lift.
Security, Central Air-Conditioning and Maintenance Services
The district cooling plant for Executive Towers is designed for a total capacity of 40,000 TR to feed chilled water to offices and residential units in the high-rise towers.
Gym and Fitness Facilities
There is a properly maintained gym in Executive Towers for people who like to work out. The gym has modern equipment, a music system and a well-planned layout. There is a community swimming pool in Executive Towers for residents. It is an outdoor pool with white pool chairs on three sides. Sauna and Jacuzzi are also available for people living in Executive Towers.
There are different indoor sports facilities in Executive Towers. The complex has a kid’s play area. It has various slides for the little ones.
Concierge and Guest Services
All Executive Towers buildings are well maintained. There is a concierge service to keep the buildings neat and tidy.
Executive Towers has a first aid medical centre that should be reached in case of an emergency. It has a doctor on call 24/7 as well.
Executive Towers Floor Plans
Bayut has created a simple format for 2D and 3D floor plans. You can view the detailed floor plans for Executive Towers individual buildings on the website.
Apartment Types in Executive Towers
Various apartment types are available in Executive Towers. It is among 60 significant freehold properties in the city. The apartments are close to Downtown Dubai and most apartments offer breathtaking views of the Burj Khalifa.
Studio Apartments in Executive Towers
A studio apartment in Executive Towers has a covered area ranging from 850 to 950 sq. ft. The living room has double-glazed glass windows and there is a glass door that leads to the balcony. There is only one bathroom, but it is spacious and has a bathtub. Some studios have a built-in wardrobe that saves a lot of space. Kitchen has built-in cabinets.
1-Bedroom Apartments in Executive Towers
1-bed units in Executive Towers have covered areas ranging from 952 to 1,155 sq. ft. There are two bathrooms - one common bathroom and one is attached to the bedroom. There is a built-in wardrobe connected to the bathroom. The kitchen is small but has fitted cabinets. Dining area and living room are connected. Some apartments have a dual balcony.
2-Bedroom Apartments in Executive Towers
2-bedroom apartments in Executive Towers are commodious and stylish. They offer three bathrooms, two attached to each bedroom and one common bathroom. Both bedrooms have a built-in wardrobe and the units have a semi-closed kitchen with fitted cabinets. Residents enjoy panoramic views of the Business Bay community from the balcony. The covered area of these units lies between 1,552 to 1,814 sq. ft.
3-Bedroom Apartments in Executive Towers
3-bedroom apartments have covered areas of about 1,884 to 2,300 sq. ft. Besides the floor-to-ceiling window, these flats have a large living room, a maid’s room and a separate laundry area. These apartments also offer facilities for the physically challenged. Some 3 BHK are duplex upgraded apartments which make them more spacious and luxurious. Some units have three while others have four bathrooms.
4-Bedroom Apartments in Executive Towers
The covered area of 4-bedroom apartments in Executive Towers is usually 3,392 sq. ft. to 6,500 sq. ft. All four bedrooms are spacious and have a walk-in wardrobe. Some apartments have four or five bathrooms with fitted sanitary. The kitchen is spacious, has fitted cabinets and white marble flooring. Some apartments also have a private terrace and a swimming pool. Most units have a separate living room and a close-styled kitchen.
Penthouses in Executive Towers
Some penthouses have 4 while some have 5-bedrooms. They are extremely spacious. All bedrooms are en-suite and have a walk-in closet. The covered area of a penthouse is 6,550 to 7,925 sq. ft. These penthouses offer a huge terrace with a private pool, upgraded flooring, a storage room, a maid’s room, a study room and a kitchen with an attached pantry. Some penthouses are based on 2-storey where the kitchen and dining area are set on the ground floor and bedrooms are on the first floor.
Most Popular Apartment Types in Executive Towers
Based on searches conducted by users on Bayut.com over the past 6 months
According to Bayut, the most popular apartment type is the 2-bedroom unit. It has over 40% of total views. 3-bedroom units stand on the second position with 24.5% views. 1-bedroom apartments in Executive Towers get the third position with 21% views. Studios stand on the fourth rank with only 9.4% views. Penthouses in Executive Towers are the least popular types with just 4.8% of the total views on the website.
Rental Trends in Executive Towers
- The rental trend of a studio apartment lies between AED 60k to AED 70k per year
- 1-bedroom apartment can be rented for AED 75k to AED 115k.
- The most popular, 2-bedroom units have rents ranging between AED 89k to AED 135k per year.
- For 3-bedroom flats, the rent lies between AED 125k to AED 220k per year.
- 4-bedroom units are the most expensive to rent with the rental trend of AED 190k to AED 320k.
- Penthouses for rent in Executive Towers are available for AED 280k to AED 400k.
Like other apartments for rent in Business Bay, the rent for Executive Towers apartments has to be paid via cheques. Rent is based on a yearly term. Some realtors ask for 2 cheques while some settle for 3 cheques a year.
Sale Trends in Executive Towers
- Studio apartments for sale in Executive Towers have prices ranging between AED 910k to AED 1.1M
- 1-bedroom flats are priced at AED 950k to AED 1.6M
- Interested buyers will find 2-bedroom apartments for sale between AED 1.5M to AED 3.6M
- 3-bedroom apartments in Executive Towers have sales prices ranging between AED 2M to AED 3.3M
- For 4-bedroom units (apartments and duplexes), the sale price lies between 3.2M to AED 10M.
Rental Yield in Executive Towers
Based on searches conducted by users on Bayut.com over the past 6 months
Ranked on number 1 with a 6.7% ROI are studio units in Executive Towers. With a slightly lower ROI, i.e. 6.41%, 2-bedroom apartments rank second while 1-bedroom flats rank third with a 6.4% ROI.
3-bedroom and 4-bedroom units have an ROI of 5.9% and 5.2%, respectively.
Transportation near Executive Towers
Transportation near Executive Towers is easy to find as the complex is part of the bustling Business Bay district. Downtown Dubai is just a few minutes away. The towers have quick access to Sheikh Zayed Road which is one of the busiest roads in the emirate.
Metro stations near Executive Towers
Most people working in Business Bay prefer to travel via metro. Metro M1 stops at the Business Bay Metro Station which is 6 minutes away from Executive Towers.
Bus stations near Executive Towers
Bus 29 and F13 service the nearest bus stops including East Height Entrance G bus stop, The Binary Tower 1 and 2 bus stop.
Restaurants near Executive Towers
Those who prefer eating out can find these restaurants near Executive Towers:
- Shashlik Restaurant
- Gazebo Restaurant
Various eateries serve a variety of cuisines near Executive Towers. Shashlik Restaurant is right there across the towers. Gazebo Restaurant serves one of the finest, royal Indian cuisine. It has been operating in Dubai since 2000 and it prides itself for retaining the authenticity of Mughal dishes.
Fine dining restaurants in Business Bay Dubai around the building are:
- Bombay Brasserie
- The Artisan Dubai
- Armani / Amal
Bombay Brasserie is another Indian restaurant based inside the Taj Hotel in Executive Towers. It serves classic plus contemporary Indian cuisine. The diners enjoy live cooking in an open kitchen and a botanical bar. The average price for 2 people dining in Bombay Brasserie is AED 500 which makes it a high-end restaurant in the area. Ananta is a signature restaurant of Oberoi Hotel Dubai. It is an award-winning fine-dining eatery and one of the best restaurants in Business Bay Dubai that serves authentic Indian cuisine. Residents of Executive Tower will find it at a 5-minute drive from the tower. The Artisan is an Italian restaurant, 5 minutes away from the building. Armani / Amal is an Indian restaurant inside the Armani Hotel.
Supermarkets near Executive Towers
For daily grocery shopping, these supermarkets near Executive Towers are at a short distance:
- Maya Supermarket
- W Mart Fresh Supermarket
There are multiple supermarkets near Executive Towers. Maya Supermarket is the nearest and is only 3 minutes away. W Mart Fresh Supermarket is another option for daily grocery. Spinneys in Bay Avenue offers a variety of British products.
- DT1 Residential Tower - residential building
- Vision Tower - commercial building
- Prime Tower- commercial building
Executive Towers is close to many buildings, its neighbours include DT1 Tower, Vision Tower and Prime Tower.
Major landmarks near the building are:
- Taj Dubai
- Burj Khalifa
Taj Dubai is a landmark of Business Bay which is dotted in Executive Towers. Downtown Dubai and all its attractions are 5-8 minutes away from Executive Towers. The iconic Burj Khalifa and Dubai Fountain are a mere 9-minute drive.
THINGS TO CONSIDER
Executive Towers stand tall in Business Bay, close to many restaurants, supermarkets, hospitals and public transport options. Because of the heavy influx of professionals and residents, parking can be an issue despite the availability of paid parking spaces in the neighbourhood.
RATINGS & REVIEWS
Reviews are not available currently for this building