Silver Tower, Business Bay

Silver Tower, Business Bay

HIGHLIGHTS

ABOUT SILVER TOWER

Located in the district of Business Bay, Silver Tower is a commercial building that offers offices for rent and sale. This high-rise construction of 148 metres was developed by Tameer Holdings. The tower was launched in 2007 and was completed in 2011. The 31-storey building has 27 floors that are dedicated to commercial space.  Silver Tower also offers an unobstructed view of the creek and is minutes away from main Sheikh Zayed Road.

Business Bay is a mixed-use community that consists of offices, shops and residential units available for sale and rent. It is a waterfront district that is surrounded by a salt-water creek. This district is considered one of the fastest emerging commercial hubs in Dubai.

IN A NUTSHELL

  • Launched in 2007 by Tameer Holdings
  • Completed in 2011
  • 31-storey building with a height of 148 metres
  • Availability of a fully-equipped health club and a swimming pool
  • Mini-golf course and cafeteria inside the building
  • 24-hour security and 6-level parking space
  • Close to Sheikh Zayed Road
Front View of Silver Tower

BUILDING DETAILS

Facilities in Silver Tower, Business Bay

Professionals working in Silver Tower, Business Bay, Dubai will find a host of amenities that will allow them to enjoy a perfect work-life balance. This includes a cafeteria where one can buy healthy and nutritious food items.

Parking

Silver Tower Road View

There are 6 levels of parking in Silver Tower, Business Bay. A dedicated parking spot will be allocated to authorized employees of every office unit. Visitors can find a spot on the streets near the tower to park their vehicles, safely.

Elevators

There are a total of 6 high-speed elevators in Silver Tower that facilitate the movement of people coming to Silver Tower.

Security and Concierge Services

Silver Tower, Business Bay offers a secure and stress-free working environment. The premises are monitored through CCTV cameras and there’s security staff too. There is a lobby in the building where one can inquire about building amenities and services.

Fitness Amenities

Silver Tower has a fitness facility where office staff can get a full cardio, cross-fit and strength training workout. For leisure, one can visit the mini-golf area or go for a relaxing swim in the pool, both of which are available in the building.

Properties in Silver Tower, Business Bay

Silver Tower, Business Bay includes six parking floors. While a total of 27 floors have been dedicated to offices.

There are two different types of office spaces available in the Silver Tower:

  •  Fitted offices
  • Shell and core offices

Fitted offices come with all the standard fixtures and they may also have office furniture if the unit is furnished. Otherwise, unfurnished fitted offices are also available in Silver Tower. There are also some semi-fitted and shell-and-core office spaces available in the building. Shell and core offices offer more choice as the occupiers can furnish according to their own liking and suitability.

Offices in Silver Tower

Offices for rent in Silver Tower are available with a floor space that will range from 937 sq. ft. to 1,250 sq. ft. Some offices will come with hardwood flooring and a dedicated kitchen or pantry. One can choose partitioned spaces, studio office spaces in furnished and unfurnished varieties. 

For investors looking to purchase their own office, there is the option to buy offices in Silver Tower. Floor plan options include offices with an area limit of 645 sq. ft. to 10,350 sq. ft. These include full floors, partitioned and studio spaces. 

Shops in Silver Tower

There are retail spaces available for rental and investment purposes in Business Bay. Fitted spaces that cover an area of around 1,685 sq. ft. are priced at AED 500k per year, approximately. However, shell-and-core retail spaces with a coverage of 1,537 sq. ft. is available for AED 107k per annum.

Rental Trends in Silver Tower, Business Bay  

  • The rental range for fitted offices in Silver Tower starts from AED 60k and goes up to AED 80k

Sale Trends in Silver Tower, Business Bay 

  • Investors can expect to pay between AED 466k to AED 1.2M for a fully fitted office, depending on its size and other features
  • Shell and core options may cost a price range of AED 430k to AED 7.8M, as there are studios as well as full floor spaces available for sale

Service Charges in Silver Tower

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
Price Per Sq. Ft. In AED
2.05
General Fund
Maintenance
Price Per Sq. Ft. In AED
3.57
General Fund
Utilities Services
Price Per Sq. Ft. In AED
7.34
General Fund
Management Services
Price Per Sq. Ft. In AED
0.75
General Fund
Insurance
Price Per Sq. Ft. In AED
0.74
General Fund
Master Community
Price Per Sq. Ft. In AED
0.97
General Fund
Adjustment
Price Per Sq. Ft. In AED
1.58
General Fund
Total
Price Per Sq. Ft. In AED
17.00

These figures are based on the services charges for Silver Tower* as per the Dubai Land Department.

Dubai service charges index varies for different properties. One can find all the details of service charges in Dubai on Dubailand’s official site.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Silver Tower

Silver Tower Street View
Street View near Silver Tower

Silver Tower is located on Marasi Drive which is just east of Al A’amal Street. It is situated right next to The Bayswater by Omniyat, a well-known commercial building. 

Bus Stops near Silver Tower

When it comes to taking public transportation near Silver Tower, right along Al A’amal Street, one will find a few bus stops, these include Lillian Tower 2 bus stop which is a 2-minute walk away and Lillian Tower 1 bus stop which is 3 minutes away on foot. 

Metro Stations near Silver Tower

One needs to take an RTA bus or a taxi to reach the nearest metro station. The nearest is the Business Bay Station, only 8 minutes via drive. Slightly further away is the Burj Khalifa metro station at a 9-minute drive.

Restaurants near Silver Tower  

Here are several casual and fine dining options near the Silver Tower, Business Bay.

Casual dining restaurants include:

  • Pinza
  • Han Cuisine Restaurant
  • Sandwichy Restaurant

Pinza is a Mediterranean casual dining establishment just 6-minutes away that serves various classical and contemporary dishes such as Mediterranean Salad, Pepperoni Pizza, Truffle Pizza, Nutella Pizza, Margarita, Tandoori Chicken Pizza and various other pizzas with unique toppings.

At a 5-minute drive, there is a casual Chinese restaurant for those looking to enjoy Asian food on a budget, this place is called Han Cuisine Restaurant.

For late-night food or breakfast, the go-to spot is Sandwichy Restaurant that is just 3 minutes drive away. Other nearby eateries include Texas Roadhouse, Café Blanc, Eat Greek Kouzina and Thai Time Restaurant LLC. 

Fine dining restaurants near Silver Tower include:

  • Patiala Restaurant
  • Ananta
  • Billionaire Mansion
  • Trèsind
  • Teatro

For an upscale Indian dining experience, one can consider dining at Patiala Restaurant which is also 10-minutes away. Ananta is one of the best restaurants in Business Bay Dubai that is just 4-minutes away.

Billionaire Mansion is also a popular name among fine dining options in the nearby area. It has a diverse menu with plenty of other luxury facilities and an amazing vibe. Other fine dining restaurants include Trèsind and Teatro. Teatro is 13 minutes away whereas Tresind is 16 minutes drive away.

Nearby Buildings

Nearby commercial buildings include:

  • Bay Square
  • Iris Bay
  • Tamani Arts Offices

At a 6-minute drive, there is Bay Square, much closer at a 3-minute drive is Iris Bay. Tamani Arts Offices is also a similarly equipped office building at a 9-minute drive.

Things to Consider 

The most appealing factor that makes setting up an office at Silver Tower is its location in Business Bay. This makes it an ideal location for businesses to grow and thrive, given that it is very close to Downtown Dubai. A point that is considerable is that people working at Silver Tower may face traffic issues during peak hours.

Are you looking to buy or rent property in Silver Tower?

RATINGS & REVIEWS

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