Centrium Tower in Dubai Production City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Centrium Tower
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
66
9,784
650,000
2
90
10,317
925,000
3
203
6,542
1,330,000
Rents in Centrium Tower
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
66
889
59,000
2
89
781
69,821
The cap rate (rental yield) of investments into Centrium Tower project is 9.5% on average.
The price of an apartment in Centrium Tower is 8,441 AED/sqm on average.
The long term rent of an apartment in Centrium Tower is 801 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Centrium Tower is 650,000 AED or 9,784 AED/sqm. Price for completed 2 bedroom apartment in Centrium Tower is 925,000 AED or 10,317 AED/sqm. Price for completed 3 bedroom apartment in Centrium Tower is 1,330,000 AED or 6,542 AED/sqm.
Rent for 1 bedroom apartment in Centrium Tower is 59,000 AED or 889 AED/sqm. Rent for 2 bedroom apartment in Centrium Tower is 69,821 AED or 781 AED/sqm.
About Centrium Tower
'Centrium Tower' in 'Dubai Production City' area project description
Centrium Tower is a luxurious residential and commercial tower located in the heart of Dubai, United Arab Emirates. The tower is situated in the Al Barsha district and is part of the larger Centrium development, which also includes a shopping mall, a hotel, and a business center. The tower stands at a height of 120 meters and is composed of 35 floors, offering a variety of residential and commercial spaces.
The Centrium Tower is a modern and stylish building, designed to provide the highest level of comfort and convenience to its residents. The tower features a contemporary design, with a sleek glass façade and a unique curved shape. The interior of the building is also modern and stylish, with high-end finishes and luxurious amenities. The tower is equipped with a range of facilities, including a swimming pool, a fitness center, a sauna, a spa, and a business center.
The Centrium Tower is home to a variety of residential and commercial spaces, ranging from studios to four-bedroom apartments. The apartments are spacious and stylishly designed, offering the highest level of comfort and convenience. The tower also includes a selection of retail outlets, restaurants, and cafes, providing a variety of dining and shopping options.
The Centrium Tower is located in a prime location, close to a range of attractions and amenities. The tower is situated close to the Dubai Marina, offering easy access to the city’s beaches, restaurants, and shopping malls. The tower is also close to the Dubai Mall, the world’s largest shopping mall, and the Burj Khalifa, the world’s tallest building.
The Centrium Tower is a luxurious and modern building, offering the highest level of comfort and convenience to its residents. The tower is located in a prime location, close to a range of attractions and amenities, making it an ideal place to live and work. The tower is also part of a larger development, offering a variety of residential and commercial spaces, as well as a selection of retail outlets, restaurants, and cafes.
Q&A on Centrium Tower
What are the advantages of 'Centrium Tower' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Centrium Tower is located in the heart of Dubai’s Business Bay, providing easy access to the city’s major attractions and amenities.
2. Luxury Amenities: The project offers a range of luxury amenities such as a swimming pool, gym, spa, and a rooftop terrace with stunning views of the city.
3. Affordable Prices: The project offers competitive prices for real estate buyers, making it an attractive option for those looking to invest in the city.
4. Flexible Payment Plans: Centrium Tower offers flexible payment plans, allowing buyers to pay in installments over a period of time.
5. High Rental Yields: The project offers high rental yields, making it a great option for those looking to generate a steady income from their investment.
What projects are better than 'Centrium Tower' project in Dubai which are located close by, and why?
- IMPZ Tower by Damac: Renowned for its higher quality finishes and amenities, including a modern gym, swimming pool, and retail outlets on the ground floor. - Lakeside Residence by Damac: Offers superior waterfront views and well-designed units with modern fittings. It also features a temperature-controlled swimming pool and landscaped gardens. - The Crescent Towers by DAMAC: Known for better maintenance and higher rental yield. It also has several recreational facilities, including tennis courts and a BBQ area. - Oakwood Residency by Deyaar: Provides larger apartment sizes and higher quality interiors. The project includes additional facilities like a jogging track and rooftop garden. - Qasr Sabah by RSG International: Appreciated for its stylish architecture and better on-time delivery record. The development includes a large, well-equipped gym and multiple retail options.