Reef Tower is a commercial freehold property in Jumeirah Lake Towers (JLT), a popular community in Dubai. JLT features 26 clusters, each named after a letter from the English alphabet, and is known for its many residential, commercial, and retail developments. Reef Tower is a 34-storey office building in Cluster O of JLT, developed by Reef Real Estate and completed in 2008. It is directly opposite the prestigious Dubai Marina and borders the Jumeirah Islands.
Location
- Reef Tower is in Jumeirah Lake Towers (JLT), Dubai
- JLT is a popular community in Dubai, featuring 26 clusters named after letters from the English alphabet
- JLT is known for its many residential, commercial, and retail developments
- Reef Tower is in Cluster O of JLT, directly opposite Dubai Marina and bordering the Jumeirah Islands
Building Features
- Reef Tower is a 34-story office building developed by Reef Real Estate and completed in 2008
- It is a commercial freehold property for office purposes.
- The building has spacious three levels of parking area.
Overview of Reef Tower
Reef Tower is a commercial freehold property in Jumeirah Lake Towers, one of Dubai’s most sought-after business districts. The 34-story high-rise building offers a range of luxurious office spaces and retail units. It has been designed with modern architecture inspired by world-class standards and implemented with elegant and functional interiors.
Location and Accessibility
Reef Tower is opposite Dubai Marina and Jumeirah Islands, two of Dubai’s most popular residential and commercial areas. The tower’s strategic location provides easy access to Sheikh Zayed Road, one of Dubai’s main highways, which connects the city to Abu Dhabi and other emirates.
The tower is also easily accessible by public transport, with the Jumeirah Lakes Towers metro station within walking distance. This makes it ideal for businesses looking to establish a presence in Dubai’s thriving commercial market.
Design and Architecture
Reef Tower’s design is inspired by modern architecture. Its sleek and elegant exterior stands out in the Dubai skyline. The tower’s interiors have been implemented according to world-class standards, with spacious office spaces that are both functional and aesthetically pleasing.
The tower features amenities such as a gymnasium, three levels of parking, and 24-hour security, making it a safe and convenient location for businesses. The tower’s location in Jumeirah Lake Towers also provides stunning views of the Dubai skyline, making it ideal for companies looking for prestigious addresses.
In conclusion, Reef Tower is a modern and elegant commercial property in one of Dubai’s most sought-after business districts. Its strategic location, stunning design, and convenient amenities make it an ideal location for businesses looking to establish a presence in Dubai’s thriving commercial market.
Amenities and Facilities
Reef Tower in Jumeirah Lake Towers Dubai offers a range of amenities and facilities that cater to the needs of its occupants. The tower is equipped with modern, state-of-the-art facilities that make it ideal for businesses and organizations.
Office Amenities
The tower offers a range of office amenities, including high-speed elevators, 24-hour security, and covered parking. The office spaces provide a comfortable and productive work environment for employees. The tower also features a business center that provides support services to businesses, including printing, scanning, and faxing.
Health and Wellness Facilities
Reef Tower features a gymnasium that has modern fitness equipment. The gym is open 24 hours a day, seven days a week, and is accessible to all occupants of the tower. The tower also features a sauna and spa facilities that provide relaxation and rejuvenation to occupants.
Retail and Dining Options
Reef Tower offers a range of retail outlets and dining options. The tower features three levels of retail outlets that provide a range of products and services, including fashion, electronics, and beauty products. The building also features a range of restaurants and cafes that offer a variety of cuisines.
In conclusion, Reef Tower in Jumeirah Lake Towers Dubai offers a range of amenities and facilities that cater to the needs of its occupants. The tower has modern and state-of-the-art facilities.
Commercial Spaces
Office Spaces for Rent
Reef Tower in Jumeirah Lake Towers Dubai offers a variety of commercial office spaces for rent. According to DLD transactions of the last 12 months, the average recorded price for commercial properties rented in Reef Tower is AED 240,047. The transactions represent actual values that vary depending on the condition of the commercial properties and the amenities and facilities around them.
The office spaces for rent in Reef Tower range in size from 1,000 sq. ft. to 11,896.27 sq. ft. They are available in both furnished and unfurnished options. The fitted and partitioned offices have upgraded fit-outs and 4 title deeds in a Grade A building in JLT. Depending on the size of the office, they also come with 5 to 20 dedicated parking spaces.
Office Spaces for Sale
Reef Tower offers modern and customizable office spaces for sale in Jumeirah Lake Towers Dubai. Developer Reef Real Estate Investments LLC offers units at favorable prices. The building features sleek interiors and highly functional layouts—ideal conditions for doing business.
The office spaces for sale range in size from 1,000 sq. ft. to 11,896.27 sq. ft. and are available in both furnished and unfurnished options. The customizable office units allow businesses to design their offices according to their specific needs and preferences.
Customizable Office Units
Reef Tower offers customizable office units that allow businesses to design their offices according to their specific needs and preferences. The customizable office units come in a range of sizes, from 1,000 sq. ft. to 11,896.27 sq. ft., and are available in both furnished and unfurnished options. The fitted and partitioned offices come with upgraded fitouts and 4 title deeds in a Grade A building in JLT. Depending on the size of the office, the offices also come with 5 to 20 dedicated parking spaces.
Reef Tower’s customizable office units allow businesses to create a space that suits their unique requirements. Whether it’s a large open-plan office, a series of smaller workspaces, or a combination, companies can design their offices to maximize productivity and efficiency.
Investment Opportunities
Real Estate Market Insights
Reef Tower, Jumeirah Lake Towers Dubai, is a commercial freehold property for office purposes. It is located opposite the prestigious Dubai Marina and borders the Jumeirah Islands. The tower has a total of 32 floors and a spacious three-level parking area. Its design and interiors are implemented according to world-class standards.
Dubai’s real estate market has been on an upward trajectory for the past few years. Investors worldwide are attracted to Dubai’s stable economy, tax-free environment, and attractive returns.
Potential for ROI
Investing in Reef Tower, Jumeirah Lake Towers Dubai, can offer investors a high potential for ROI. The developer, Reef Real Estate Investments LLC, offers units for sale with attractive payment plans.
Investors can earn a rental yield of around 8% to 10% annually. The rental rates in Jumeirah Lake Towers are competitive, and the demand for office space is high. The tower’s location is also a significant factor in its potential for ROI. It is in a prime area easily accessible from all parts of Dubai.
Investors can also benefit from the services of a reputable brokerage firm. These firms have a wealth of knowledge and experience in the Dubai real estate market and can help investors make informed investment decisions. They can also advise on market trends, rental rates, and investment strategies.
Transportation and Parking
Public Transport Connectivity
Reef Tower is near several public transportation options. The Dubai Metro is easily accessible, with the Jumeirah Lakes Towers station just a short walk away. In addition to the metro, several bus routes run near Reef Tower, providing further options for those looking to travel by public transport. These buses connect to other city areas, including the Dubai Marina, Jumeirah Beach Residence, and more.
Parking Facilities
Reef Tower has ample parking facilities for those who prefer to drive. The building features three levels of parking area, providing plenty of space for tenants and visitors.
Each office space has a designated number of parking spaces, depending on its size. In addition, several public parking spaces are available for visitors.
Nearby Attractions and Landmarks
Waterfront Leisure
Reef Tower in Jumeirah Lake Towers Dubai is located near the waterfront area, offering visitors various leisure activities. Some of the famous waterfront attractions include:
- Dubai Marina Walk: A picturesque promenade with stunning views of the marina, lined with restaurants, cafes, and shops.
- Emirates Hills is a tranquil residential community home to some of the most luxurious villas in Dubai.
- Lake Elucio: An artificial lake that offers a serene setting for a stroll or picnic.
Shopping and Entertainment
Reef Tower is near some of Dubai’s best malls and entertainment venues for those looking to indulge in some shopping and entertainment. Some of the popular options include:
- Dubai Marina Mall
- The Beach at JBR: A lively outdoor complex that features a range of restaurants, cafes, and shops, as well as a cinema and waterpark.
Whether you’re in the mood for some retail therapy or want to soak up the sun by the waterfront, Reef Tower in Jumeirah Lake Towers Dubai offers easy access to some of the city’s best attractions and landmarks.
Community and Living
Residential Clusters
Reef Tower is in the Jumeirah Lake Towers (JLT) community, which consists of 80 towers constructed along the edges of three artificial lakes. The towers have clusters, and the O2 Residence and Dubai Arch Tower are two of the many residential clusters in JLT. The O2 Residence is a 35-story tower with 1, 2, and 3-bedroom apartments, while the Dubai Arch Tower is a 41-story tower with studios, 1, 2, and 3-bedroom apartments. Both towers offer stunning views of the lakes and the city.
Lifestyle and Culture
JLT is a vibrant community that offers a wide range of lifestyle and cultural activities. The Dubai Multi Commodities Centre (DMCC) is in JLT, home to over 17,000 industry companies. The community also has several parks, cafes, restaurants, and retail outlets. Conference rooms are available in some towers, making it convenient for professionals to hold meetings and events. The towers have high-speed elevators, ensuring that residents and visitors can move around the towers quickly and efficiently.
Living in Reef Tower provides residents a luxurious lifestyle, surrounded by modern amenities and facilities. The tower is a 32-story skyscraper with spacious three levels of parking area. The building meets world-class standards with state-of-the-art facilities and services. The tower has high-speed elevators, ensuring residents can move around the tower quickly and efficiently. The tower also has a gym, swimming pool, and a children’s play area, providing residents with a healthy and active lifestyle.
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Frequently Asked Questions
Can you provide details on the accessibility of Reef Tower to public transportation?
- Reef Tower is near several public transportation options, including the Dubai Metro and bus stops.
What types of residential units does Reef Tower offer?
- Reef Tower offers a variety of residential units, including studio, one-bedroom, two-bedroom, and three-bedroom apartments.
- All units are spacious and well-designed, with modern amenities and high-quality finishes.
Are there any commercial spaces within Reef Tower, and what are their features?
- Yes, Reef Tower has several commercial spaces available for rent or purchase.
- These spaces are ideal for businesses looking for a prime location in Jumeirah Lake Towers.
- The commercial spaces feature high ceilings, large windows, and modern finishes.
How does Reef Tower ensure the safety and security of its tenants?
- The tower also has a secure entrance and exit, with access control systems in place.
- In addition, the tower has fire safety measures in place, including smoke detectors and fire extinguishers.
What are the nearby landmarks and attractions of Reef Tower in Jumeirah Lake Towers?
- Reef Tower is in the heart of Jumeirah Lake Towers, with easy access to nearby landmarks and attractions.
- The Dubai Marina is just a short walk away, and it offers a range of restaurants, cafes, and shops.
- Other nearby attractions include the Emirates Golf Club, the Dubai Miracle Garden, and the Dubai Autodrome.
