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Grosvenor Tower, Business BayReady

Grosvenor Tower, Business Bay

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HIGHLIGHTS

ABOUT GROSVENOR TOWER, BUSINESS BAY

Grosvenor Business Bay Tower or Grosvenor Office Tower is a high-rise commercial building in Business Bay. It consists of 19 floors above ground and two basement levels. Developed by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, the building is located on Marasi Drive overlooking the Dubai Canal. Archgoup Consultants have served as the architectural consultant of this commercial building. Construction commenced in 2008 and was completed by 2011.

There are four sections in the building namely, The Avenue, The Drive In, The Corporate and The Unwind. The ground floor of the building, also known as The Avenue, consists of retail space alongside the lobby, The Drive In is the parking area, The Corporate Zone consists of offices while The Unwind features the rooftop relaxation area.

Grosvenor Tower, Business Bay in the community
Grosvenor Business Bay Tower is located in the commercial hub of Dubai

The location of Grosvenor Tower, Dubai makes it easy to access Sheikh Zayed Road (E11), the longest road in the UAE and Downtown Dubai, a popular tourist hotspot. Business Bay is rapidly becoming the central business hub of Dubai and ranked nine in the most popular areas to buy apartments in Dubai, as seen in Bayut’s 2019 Dubai Real Estate Market Report. The community mainly consists of high-rise residential and commercial buildings.

IN A NUTSHELL

  • High-rise commercial building
  • 2 basements + 19 floors above ground
  • Located on Marasi Drive, Business Bay
  • Developed by His Highness Sheikh Ahmed Bin Saeed Al Maktoum
  • Designed by Archgroup Consultants
  • Offers fitted and shell and core offices
  • Retail space on the ground floor
  • Easy access to eateries, cafes and transportation means 
  • 9 minutes to Burj Khalifa
  • Close to Sheikh Zayed Road (E11)
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BUILDING DETAILS

FACILITIES IN GROSVENOR BUSINESS BAY TOWER

Grosvenor Tower, Business Bay is a centrally air-conditioned building. It receives district cooling services from Empower while DEWA provides the electricity and water services. Office occupants are facilitated with 24-hour maintenance services along with security services. Electricity backup is available in case of any power-related issue.

At the rooftop, there is a café and juice bar on the pool deck. For hosting meetings and corporate seminars, one can book the multipurpose hall or choose from the banquets. There is also a corporate centre on the 8th floor, while the health club is on the rooftop.

PARKING

For parking in Grosvenor Tower, Dubai there are two basement floors. Approximately one parking space is reserved for each office while more parking spaces may be allotted depending on the floor area of the office.

ELEVATORS

There are multiple high-speed elevators in Grosvenor Tower, Business Bay for easy access to all floors.

SECURITY AND CONCIERGE SERVICES

Security staff monitors Grosvenor Business Bay Tower 24 hours a day with the help of the state-of-the-art CCTV cameras. The entrance of the building consists of a grand lobby with a front desk. Concierge service is available for occupants and visitors at all times.

Fire extinguishers, fire alarms and smoke detection alarms are present in the office units, as an added safety measure.

The entrance of Grosvenor Business Bay Tower
The entrance of the tower

FITNESS AMENITIES

One of the most attractive aspects of having an office in this commercial building is that the occupants enjoy easy access to fitness amenities. These include sauna and steam rooms, a large rooftop swimming pool and a gym in Grosvenor Tower, Business Bay.

Other than the fitness amenities inside the building, there are various gyms in Business Bay as well. These are accessible through a walk or a short drive from the building

PROPERTIES IN GROSVENOR BUSINESS BAY TOWER

Grosvenor Office Tower offers retail space and two types of offices. These include:

  • Fitted offices
  • Shell and core offices

The retail space is available on the ground floor, while the offices are spread out on the higher floors.

OFFICES IN GROSVENOR TOWER

There is a pantry in every office along with floor-to-ceiling double glazed windows. The offices provide views of the canal or the buzzing community. Common restrooms are available on every floor.

Fitted offices may come with either marble flooring or hardwood flooring. These offices are suitable for those who wish to set up their operations right away. These offices have glass partitions and separate rooms that can be used either as meeting rooms or admin rooms. There is a floor trunking distribution system so that electronic equipment can be plugged in easily. In fitted offices, the pantry may have built-in cabinets as well.

Shell and core offices are suitable for those who wish to install their fixtures and fittings from scratch. These have concrete flooring and high ceilings so the tenants can choose what type of interior they want to go with. A pantry area is also available with no cabinets.

The floor area of a single office ranges between 1,141 sq. ft. and 1,808 sq. ft. Those interested can also choose from full or half office floors, which include a combination of several office units.

RENTAL TRENDS IN GROSVENOR BUSINESS BAY TOWER

The annual lease rate for offices for rent in Grosvenor Business Bay Tower is around 105 per sq. ft. The total rent comes according to the specification such as floor area or the type of offices.

  • The average annual rent of a semi-fitted office measuring 1,141 sq. ft. equals to AED 68K.
  • Fitted offices with an average floor area of 1,450 sq. ft. have an average rent of AED 90K per year.
  • Shell and core offices measuring between 1,087 sq. ft. and 1,356 sq. ft.  have rent starting from AED 114K going up to AED 142K. 
  • The yearly rent of offices covering from 3,616 sq. ft. to 6,814 sq. ft. have rent ranging between AED 510K and 715K.
  • You can rent a large office with a floor area of 13,142 sq. ft. for an average rent of AED 1.38M per year.

For offices in different configurations such as furnished offices or co-working spaces, you can browse through offices for rent in Business Bay on Bayut.

SERVICE CHARGES IN GROSVENOR TOWER

General FundPrice Per Sq. Ft. in AED
Services
info
General upkeep of the building
1.11
Maintenance
info
General repairs and replacements
0.80
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
3.49
Management Services
info
Owner’s association charges for managing the property
0.01
Insurance
info
Charge for the insurance of the building
0.38
Master Community
info
Fees for communal facilities in the neighbourhood
1.77
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
0.47
Adjustment
info
The difference between the estimated amount charged the previous year vs the actual amount spent
-0.79
Total 7.24

These figures represent the service charges for Grosvenor Tower* and have been taken from the website of the Dubai Land Department.

It is best to know about the Dubai service charges index for renting or buying a property in Dubai. You can go through the guide available on Bayut for better understanding.

*These service charges are subject to changes.

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NEARBY AMENITIES

TRANSPORTATION NEAR GROSVENOR TOWER

As far as transportation near Grosvenor Business Bay Tower, Dubai is concerned, one can catch taxis, buses, Dubai Metro or even rent-a-cars. Other forms of transport in Business Bay also include water taxis, which you may not find in other parts of Dubai.

Even if one does not have a car, they can easily commute using the public transport options available within the community.

BUS STATIONS NEAR GROSVENOR BUSINESS BAY TOWER

Clover Bay Tower Bus Stop is located in front of the building. The Binary Tower Bus Stop is within a 5 minutes walk.

Other bus stations near Grosvenor Business Bay Tower include 8 Boulevard Walk Tower 1 Bus Stop, East Height Towers Entrance G Bus Stop and South Ridge Tower 2 Bus Stop. These are accessible through a 6-minute drive.

METRO STATIONS NEAR GROSVENOR BUSINESS BAY TOWER

Business Bay Metro Station and Burj Khalifa/Dubai Mall Metro Station are 7 minutes away by car. Other metro stations near Grosvenor Business Bay Tower include Financial Centre Station, Emirates Towers Metro Station and Noor Bank Metro Station. These are reachable within 11 minutes.

TRAM STATIONS NEAR GROSVENOR BUSINESS BAY TOWER

You can board the Dubai Tram as well by driving up to 18 minutes. Tram stations near Grosvenor Business Bay Tower include Dubai Tram Depot, Al Sufouh Tram Stop and Knowledge Village 2 Tram Stop.

RESTAURANTS NEAR GROSVENOR BUSINESS BAY TOWER

Business Bay is home to plenty of restaurants, each of them offering quality delicious food.

Casual dining restaurants near Grosvenor Business Bay Tower include:

  • Sah El Nom – Blue Bay Tower
  • Keif Restaurant – Blue Bay Tower 
  • Saarangaa Bhojan Shala – Clover Bay Tower
  • The MAINE Land Brasserie – ME by Melia
  • MATTO – The Oberoi

Sah El Nom and Keif are located in the adjacent building. Sah El Nom offers Arabian food with a special focus on Syrian dishes while Keif specialises in Lebanese food. Saarangaa Bhoja Shala is located in the opposite building. Its dishes hail from South Indian cuisines.

You can reach the MAINE Land Brasserie and MATTO in 4 minutes by car. The MAINE Land Brasserie is a French restaurant while MATTO serves Italian dishes primarily pizza.

International fast food joints near Grosvenor Business Bay Tower include:

  • KFC – Bay Avenue
  • Burger King – Executive Towers
  • Texas Chicken – Executive Towers
  • Hardee’s – Emirates Grand Hotel Apartments, Sheikh Zayed Road
  • McDonald’s – ENOC Petrol Station

KFC, Burger King and Texas Chicken are reachable within a 5-minute drive. You can reach McDonald’s and Hardee’s in 15 minutes. All of these are renowned American fast food restaurants with multiple outlets all over the world.

Cafes near Grosvenor Business Bay Tower include:

  • Estekana Café – Blue Bay Tower
  • Brews Café – Marasi Drive
  • Caribou Coffee – Bay Avenue
  • Starbucks – Bay Avenue
  • Dalona Café – B2B Tower

Estekana Café and Brews Café are accessible by a short walk. You can reach Caribou Coffee, Starbucks and Dalona Café in 5 minutes by car. Estekana is one of the best cafes in Business Bay.

Dalona Cafe near Grosvenor Business Bay Tower
Dalona Cafe in B2B Tower is 5 minutes away

Fine dining restaurants near Grosvenor Tower, Business Bay include:

  • Ananta – The Oberoi 
  • Ewaan – Palace Downtown
  • La Serre – Vida Downtown
  • Kohantei – Dubai Opera
  • Fogo de Chao – Central Park Towers

Ananta is the closest fine dining option at a 4-minute drive. Its menu covers dishes from North Indian cuisines and it is known as one of the best restaurants in Business Bay. Ewaan, La Serre and Kohantei are 7 minutes away. Ewaan serves Arabian food. La Serre is a French restaurant while Kohantei is a Japanese restaurant. Fogo de Chao is a Brazilian steakhouse at a 9-minute drive.

Nightlife options near Grosvenor Business Bay Tower, Dubai include:

  • Vault – JW Marriott Marquis 
  • Bridgewater Tavern – JW Marriott Marquis
  • Buhayra Lounge – Palace Downtown
  • Treehouse – Taj Dubai
  • The 44 – Hilton Dubai Al Habtoor City

You can reach each of these nightlife options within an 8-minute drive. All of these are located in top-notch hotels in Business Bay.

NEARBY BUILDINGS

Blue Bay Tower and DAMAC Maison Bay’s Edge are located adjacent to Grosvenor Tower. Radisson Blu Hotel is within walking distance. Prime Tower, Opal Tower, Majestic Tower and Silver Tower are 4 minutes away while Burj Khalifa is reachable within 9 minutes.

DAMAC Maison Bay's Edge near Grosvenor Business Bay Tower
DAMAC Maison Bay’s Edge is adjacent to Grosvenor Business Bay Tower

THINGS TO CONSIDER

Grosvenor Tower, Business Bay enjoys a prime location in Business Bay and provides easy access to Sheikh Zayed Road (E11). Office occupants can stay fit thanks to the presence of fitness amenities and access eateries and transportation means within walking distance.

However, there are no furnished office units in the building. Those interested in furnished offices will have to look for other Business Bay offices for sale or rent.

Are you looking to buy or rent property in Grosvenor Tower, Business Bay?
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