ReadyReady building · H&H
014 Tower, Business Bay
Highlights
014 Tower at a glance
About 014 Tower
014 Tower is a commercial building in Business Bay, Dubai, developed by H&H. It holds about 42 units: commercial units.
The building was completed in 2012 and has been in use for about 14 years. 11 units changed hands in the last 12 months, registered with the Dubai Land Department.
014 Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A commercial ready building
- Located in Business Bay, Dubai
- Developed by H&H
- Completed in Q1 2012
- Unit types: Commercial
- Sizes from 330 to 20,360 sq ft
- Service charge from AED 11.52 per sq ft
- Business Bay metro station 1.5 km away
- Status
- Ready
- Developer
- H&H
- Location
- Business Bay, Dubai
- Completed
- Q1 2012
- Unit types
- Commercial
- Prices from
- AED 699.0K
- Service charge
- AED 11.52 per sq ft (2018)
- Nearest metro
- Burj Khalifa Road, 0.9 km
Photos of 014 Tower
Building details
Inside 014 Tower
Properties in 014 Tower
Commercial units in 014 Tower
There are about 42 of these in 014 Tower, from 330 to 20,360 sq ft. They have recently sold for a median of AED 8.0M, or AED 2,370 per sq ft. Owners who resold made a median 14% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 42 | 330 sqft30.7 sqmt – 20,360 sqft1,891.5 sqmt | AED 8M | – |
Service charges in 014 Tower
The 2018 service charge in 014 Tower is AED 11.52 per sq ft for commercial units, AED 11.52 per sq ft for offices, AED 11.52 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2018) | AED 11.52 | 330 sqft30.7 sqmt – 20,360 sqft1,891.5 sqmt | AED 3,802 – AED 234,547 |
| Offices (2018) | AED 11.52 | 330 sqft30.7 sqmt – 20,360 sqft1,891.5 sqmt | AED 3,802 – AED 234,547 |
| Retail (2018) | AED 11.52 | 330 sqft30.7 sqmt – 20,360 sqft1,891.5 sqmt | AED 3,802 – AED 234,547 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around 014 Tower
Transportation near 014 Tower
The nearest Dubai Metro station from 014 Tower is Business Bay (red line, 1.5 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and District 1 near High Speed Rail line (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
- District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
- Business Bay InterchangeGolden line · 1.5 km · about 5 min drive
- Business BayRed line · 1.5 km · about 5 min drive
- Burj Khalifa/Dubai MallRed line · 2.3 km · about 7 min drive
- District 1Golden line · 3.1 km · about 8 min drive
Shopping and groceries near 014 Tower
The closest is Spinneys/ Ontario Tower, 0.9 km from 014 Tower (about 11 min walk).
- Spinneys/ Ontario TowerSupermarket · 0.9 km · about 11 min walk
- Spinneys / The Executive TowersSupermarket · 1 km · about 12 min walk
- Spinneys / south bridge downtowne DubaiSupermarket · 1 km · about 12 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.1 km · about 13 min walk
- Bay AvenueShopping Mall · 1.2 km · about 14 min walk
Restaurants and hotels near 014 Tower
The closest is Maward Restaurant, 0.1 km from 014 Tower (about 2 min walk).
- Maward RestaurantRestaurant · 0.1 km · about 2 min walk
- Oberoi HotelHotel · 0.8 km · about 10 min walk
- Vida Hotels and ResortsHotel · 1.1 km · about 13 min walk
- JW Marriott Marquis Business BayHotel · 1.3 km · about 5 min drive
- Al Manzil HotelHotel · 1.4 km · about 5 min drive
Hospitals and clinics near 014 Tower
The closest is Medcare Hospital, 2.7 km from 014 Tower (about 7 min drive).
- Medcare HospitalHospital · 2.7 km · about 7 min drive
- Al Amal HospitalHospital · 2.8 km · about 8 min drive
- Emirates HospitalHospital · 3.7 km · about 9 min drive
- Internationl Medical CenterHospital · 4 km · about 10 min drive
- Neuro Spinal hospitalHospital · 4.3 km · about 11 min drive
Parks and leisure near 014 Tower
The closest is Dubai Bowling Centre, 1.5 km from 014 Tower (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.5 km · about 5 min drive
- Al Quoz Pond ParkPark · 1.9 km · about 6 min drive
- Safa ParkPark · 2.4 km · about 7 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.8 km · about 10 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.8 km · about 10 min drive
Schools near 014 Tower
The nearest is GEMS Our Own Indian School, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
- Global Indian International School L.L.CIndian · KHDA: Good · 1.4 km
- Dubai International Private School - BrAmerican · KHDA: Good · 1.4 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.5 km
- Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 1.9 km
- Japanese SchoolJapanese · KHDA: Good · 2 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare 014 Tower with:
- Ready
- Ready
ReadyOff-plan
Ready
Ready
Things to consider about 014 Tower
In its favour
- Owners who resold have made money: a median gain of up to 14%.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Completed 14 years ago: ask about maintenance and any planned refurbishment.
- The nearest running metro station is 1.5 km away, so a car helps.
FAQs
014 Tower: questions answered
Buying, selling or renting in 014 Tower?
A broker who works Business Bay will tell you what is available and what comparable homes went for.