The Atria, Business Bay
About The Atria
Dotted in Business Bay, the buzzing commercial hub of Dubai, The Atria consists of two high-rise towers. One is a residential tower while the other is a 4-star hotel apartment called Millennium Atria Business Bay. The Atria – Residences has 30 floors above ground with 219 elegantly built residential units. The hotel offers 347 serviced apartments that are based on 31 floors. It offers both short and long-stay options.
The towers are developed by Deyaar Properties. Deyaar real estate ventures are marked in the prime areas in Dubai including Jumeirah Lake Towers, Dubai Silicon Oasis, Al Barsha Heights, DIFC, and Dubai Production City. Yoo Group, established by John Hitchcox and Philippe Starck, proposed the design of the buildings.
The project started in 2014 and reached completion in 2018. It quickly sold out some residential apartments while several units are still available for sale and rent. The properties are available on a freehold basis. The Atria is well-connected to Sheikh Zayed Road. Just like Manhattan in New York City, Business Bay offers a fast-paced lifestyle.
IN A NUTSHELL
- Situated in Business Bay
- Easy access to Sheikh Zayed Road
- Burj Khalifa in the neighbourhood
- Property type ranges from studio to 3-bedroom units
- Close to Dubai Creek
- Amenities include an infinity pool, restaurants, spa, and coffee shops
- Set away from the crowded blocks of Business Bay
Facilities in The Atria
Residents get reserved parking in The Atria, Business Bay while there is a dedicated space for visitor parking. The three basement levels are used for parking.
There are high-speed elevators in both buildings.
Security, Central Air-Conditioning and Maintenance Services
There is CCTV surveillance and security staff to ensure round-the-clock security of the towers. The district cooling supplier for The Atria is Empower.
Gym and Fitness Facilities
There is a well-equipped gym in The Atria. The towers offer a shared infinity pool that overlooks Burj Khalifa. There is a separate pool for kids. The facilities also include separate steam and sauna rooms for men and women.
There is a large tennis court near the swimming pool in the residential building.
Concierge and Guest Services
The Atria offers concierge services to residents. Guests can wait in the lobby of the buildings until they are attended by their host.
There is a fire protection system in the building that includes fire alarms as well. The Atria also has a power backup system.
The Atria Floor Plans
The various units in the residential building are designed according to different floor plans.
- Studio apartments in The Atria consist of 5 unit types.
- 1-bedroom apartments in The Atria consist of 11 unit types.
- 2-bedroom apartments in The Atria consist of 3 unit types.
- 3-bedroom apartments in The Atria consist of 7 unit types.
There are 2D and 3D floor plans of The Atria, Business Bay on Bayut. You can easily find the unit type and bed type you’re interested in by browsing The Atria floor plans.
Apartment Types in The Atria
There is a range of studios and 3-bedroom units in the residential tower. The Millennium Atria Business Bay offers studios to 3-bedroom apartments, as well as podium apartments. Some units in the hotel building also offer beautiful views of Burj Khalifa.
Studio Apartments in The Atria
Studio apartments in The Atria cover an area ranging from 558 sq. ft. to 894 sq. ft. These units feature a comfortable common living and sleeping area, with an open kitchen and modern bathroom. A small balcony allows for sunlight to illuminate the entire flat.
The hotel building also has studio apartments, which range from 581 sq. ft. to 646 sq. ft. They feature a spacious and elegant living area, along with a private bedroom, ensuite bathroom and kitchenette. The apartments are equipped with Satellite/Cable TV, internet, an in-room safe and tea/coffee making facilities.
1-Bedroom Apartments in The Atria
1-bedroom apartments in The Atria are spread over approximately 561 sq. ft. to 1,091 sq. ft. of space. The units have a commodious bedroom with an attached bathroom equipped with modern sanitary fittings. Some flats have one common bathroom as well. There is a semi-open kitchen with fitted cabinets and appliances. The living room has glass doors that lead to a small balcony. Almost all the flats have white marble flooring.
1-bedroom hotel apartments cover an area ranging from 850 sq. ft. to 883 sq. ft. They have similar facilities like the studio apartments but offer a larger living area, a separate kitchen and built-in wardrobes. The kitchen is fully equipped with appliances.
2-Bedroom Apartments in The Atria
2-bedroom apartments in The Atria are spread over 1,470 sq. ft. to 1,580 sq. ft. The flats have a living room with a sliding door, which leads to the balcony. The balcony is big enough for a coffee table and chairs. There is a semi-open kitchen with tile flooring.
Bedrooms are also spacious and have double-glazed windows that provide an ample amount of sunlight. The bedrooms have built-in wardrobes. Some flats also offer views of Burj Khalifa from the balcony.
Hotel apartments with 2 bedrooms cover an area of 1,238 sq. ft. and provide all the necessary facilities required for a comfortable short or long stay. The 2 bedrooms come with ensuite bathrooms and built-in wardrobes.
3-Bedroom Apartments in The Atria
3-bedroom apartments in The Atria are spacious and cover an area of 2,004 sq. ft. to 2,464 sq. ft. Some flats have 3 while some have 4 bathrooms. Every bedroom has an attached bathroom and a built-in wardrobe. There is space for a maid’s room and a study room. The apartment also has a separate guest bathroom. Some flats have a closed-style kitchen while some have a semi-open kitchen. The living room has floor to ceiling windows to keep the room bright. All bathrooms have high-quality fitted sanitary.
3-bed hotel apartments span over 2,034 sq. ft. to 2,885 sq. ft. The three bedrooms come with attached bathrooms, built-in wardrobes and also a safe.
Most Popular Apartment Types in The Atria
Based on searches conducted by users on Bayut over the past 6 months
As per Bayut’s data, 2-bedroom apartments are the most popular apartment types, followed by 1-bedroom apartments. 3-bedroom units and studio apartments lie on the third and fourth place respectively. Studios are the least-popular apartment type in The Atria.
Rental Trends in The Atria
The Atria redefines modern living among apartments for rent in Business Bay, offering luxury accommodation.
- Studio apartments in The Atria cost AED 50k to AED 63k per year.
- 1-bedroom rental apartments are available for AED 74k to AED 85k per year.
- 2-bedroom rental apartments in The Atria fluctuate between 110k to AED 125k per year.
- 3-bedroom apartments in The Atria have a rental trend between AED 140k and 175k per year.
The rent of all the rental apartments in The Atria have to be paid on a yearly basis through a different number of cheques. Most realtors ask for 3 to 4 cheques in a year.
Sale Trends in The Atria
Apartments for sale The Atria are freehold properties. Some apartments are ready to be handed over while some are available on pre-bookings. They are considered the best option when it comes to apartments for sale in Business Bay.
- 1-bedroom apartments for sale in The Atria are priced between AED 750k to AED 1.9M.
- 2-bedroom apartments for sale are priced between AED 1.8M to AED 3.9M.
- 3-bedroom apartments in The Atria range from AED 2.5M to AED 5M.
The prices are higher owing to the upscale infrastructure and amenities of the apartments for sale in Business Bay. For most off-plan flats, there has to be a 30% down-payment with the remaining 70% payment handed over in two years.
Rental Yield in The Atria
Based on searches conducted by users on Bayut over the past 6 months
According to Bayut, 1-bedroom and studio units have a similar ROI of 6%. 3-bedroom apartments give their owners an ROI of 5.5%. 2-bedroom units have the lowest ROI of 5.3%.
Transportation near The Atria
Business Bay has a strong transport network and residents can easily find multiple options for transportation near The Atria, Business Bay.
Bus Stations near The Atria
XL Tower 1 and XL Tower 2 Bus Stops are a 3-minute drive away from the building. Bus F14 shuttles through the XL Tower Bus Stops.
Metro Stations near The Atria
The Business Bay Metro Station is 6 minutes away and the Burj Khalifa / Dubai Mall Metro Station is only a 7-minute drive away.
Tram Stations near The Atria
Residents can also use the tram to travel from place to place. The nearest tram station is the Knowledge Village Tram Station, which is 15 minutes away and Al Sufouh Tram Station, which can be reached in 16 minutes.
Restaurants near The Atria
Restaurants near The Atria include the likes of:
- Crumby Breakfast & Pizza
Across the Dubai Creek, Kitchen6 and Crumby Breakfast & Pizza are dotted. Basta! by David Myers serves pasta, salads, Panini and sandwiches. Kitchen6 is part of JW Marriott Marquis that serves buffet.
These restaurants in Business Bay Dubai offer fine-dining experience near the building:
- Waka Restaurant
- Han Cuisine
Waka Restaurant is tucked inside The Oberoi Hotel which is a 4-minute drive away. It serves Latin American delicacies and the restaurant has a resident DJ in the dining area. Diners can also experience live cooking. The nearest one is Han Cuisine Restaurant that serves Asian food. It is only 3 minutes away. Han Cuisine also delivers food to homes in nearby areas including Business Bay, DIFC, and Downtown Burj Khalifa.
Supermarkets near The Atria
Grocery shopping can be done conveniently, thanks to Choithrams supermarket which is located in the residential building.
Other nearby supermarkets near The Atria, Business Bay include:
- Zoom Supermarket
- FMart Supermarket
- Better 1 Supermarket
Residents can shop from a range of supermarkets close to the towers. The nearest ones include Zoom Supermarket, FMart Supermarket, and Phantasy. These are around 5 minutes away. People living in the towers can also head out to Better 1 Supermarket and West Zone Fresh Supermarket that are lined near Mayfair Tower on Al Abraj Street at a 7-minute drive.
- Lake Central Tower – residential building
- Westbury Residence – residential building
- Opal Tower – residential building
- Renaissance Downtown Hotel
Residential buildings near The Atria include Lake Central Tower, Westbury Residence and Opal Tower. Renaissance Downtown Hotel is also nearby.
Popular landmarks near the building include the likes of:
- Burj Khalifa
- Dubai Mall
- Dubai Bowling Center
Dubai Creek is a major landmark of the city and The Atria stands next to it. The iconic Burj Khalifa is hardly at a 9-minute drive and residents can view it from their balcony. It is the world’s tallest building at 828 metres tall and features various restaurants and offices, as well as two observation decks on the 125th and 148th floors.
The second-largest mall in the world and the epicentre of luxury shops, Dubai Mall is also 9 minutes away. People who love bowling can head over to Dubai Bowling Center, which is 8 minutes away and has a 16-lane bowling alley, as well as a gaming arcade, trampoline playground and party area.
THINGS TO CONSIDER
The Atria offers a world-class living experience to residents. However, it is priced higher than other properties in Business Bay, which is one of the things that need to be taken into consideration.