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Ready building · Realty Capital

I - Rise Tower, Al Thanyah First

Highlights

I - Rise Tower at a glance

About I - Rise Tower

I - Rise Tower is a commercial building in Al Thanyah First, Dubai, developed by Realty Capital. It holds about 719 units: commercial units.

The building was completed in 2011 and has been in use for about 15 years. 25 units changed hands in the last 12 months, registered with the Dubai Land Department.

I - Rise Tower is one of 20 buildings in Al Thanyah First: 13 are complete and 3 are still being built.

In a nutshell

  • A commercial ready building
  • Located in Al Thanyah First, Dubai
  • Developed by Realty Capital
  • Completed in Q2 2011
  • Unit types: Commercial
  • Sizes from 60 to 14,970 sq ft
  • Service charge from AED 9.01 per sq ft
  • Dubai Internet City metro station 0.9 km away
Status
Ready
Developer
Realty Capital
Location
Al Thanyah First, Dubai
Completed
Q2 2011
Unit types
Commercial
Prices from
AED 251.0K
Service charge
AED 13.45 per sq ft (2018)
Nearest metro
Dubai Internet City, 0.9 km

Photos of I - Rise Tower

Building details

Inside I - Rise Tower

Properties in I - Rise Tower

Commercial units in I - Rise Tower

There are about 719 of these in I - Rise Tower, from 60 to 14,970 sq ft. They have recently sold for a median of AED 2.2M, or AED 2,600 per sq ft. Owners who resold made a median 19% over what they paid.

Unit types in I - Rise Tower with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Commercial71960 sqft5.6 sqmt – 14,970 sqft1,390.8 sqmtAED 2.2M–

Service charges in I - Rise Tower

The 2018 service charge in I - Rise Tower is AED 13.45 per sq ft for commercial units, AED 13.45 per sq ft for offices, AED 9.02 per sq ft for parking, AED 13.44 per sq ft for shops, AED 9.23 per sq ft for shops, AED 9.01 per sq ft for storage. 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.

Service charges in I - Rise Tower
Unit typeRate per sq ftSizeYearly charge
Commercial (2018)AED 13.4560 sqft5.6 sqmt – 14,970 sqft1,390.8 sqmtAED 807 – AED 201,347
Offices (2018)AED 13.4560 sqft5.6 sqmt – 14,970 sqft1,390.8 sqmtAED 807 – AED 201,347
Retail (2018)AED 13.4460 sqft5.6 sqmt – 14,970 sqft1,390.8 sqmtAED 806 – AED 201,197

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Available now

Properties for sale and rent in I - Rise Tower

Units in I - Rise Tower listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around I - Rise Tower

Transportation near I - Rise Tower

The nearest Dubai Metro station from I - Rise Tower is Dubai Internet City (red line, 0.9 km, about 11 min walk), then Sharaf DG (red line, 2.2 km, about 6 min drive). Stations planned on new lines nearby include Al Sufuoh (orange line, 2 km, about 6 min drive) and Knowledge Village (orange line, 2.1 km, about 6 min drive).

  • Dubai Internet CityRed line · 0.9 km · about 11 min walk
  • Al SufuohOrange line · 2 km · about 6 min drive
  • Knowledge VillageOrange line · 2.1 km · about 6 min drive
  • Sharaf DGRed line · 2.2 km · about 6 min drive
  • NakheelRed line · 2.5 km · about 7 min drive
  • Palm JumeirahOrange line · 2.6 km · about 7 min drive

Shopping and groceries near I - Rise Tower

The closest is Mall of The Emirates, 3.2 km from I - Rise Tower (about 8 min drive).

  • Mall of The EmiratesShopping Mall · 3.2 km · about 8 min drive
  • Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 3.5 km · about 9 min drive
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 3.5 km · about 9 min drive
  • Marina WalkShopping Mall · 3.6 km · about 9 min drive
  • Limited retail along Shoreline ApartmentsShopping Mall · 3.8 km · about 10 min drive

Restaurants and hotels near I - Rise Tower

The closest is Comfort Inn Hotel Apartments, 0.4 km from I - Rise Tower (about 5 min walk).

  • Comfort Inn Hotel ApartmentsHotel · 0.4 km · about 5 min walk
  • Media Rotana Barsha - DubaiHotel · 0.5 km · about 6 min walk
  • Gulf Oasis Hotel ApartmentsHotel · 0.5 km · about 6 min walk
  • Grand Belle Vue Hotel Apartment DubaiHotel · 0.6 km · about 7 min walk
  • Auris Metro Central Hotel ApartmentsHotel · 0.8 km · about 10 min walk

Hospitals and clinics near I - Rise Tower

The closest is Saudi German Hospital, 0.3 km from I - Rise Tower (about 4 min walk).

  • Saudi German HospitalHospital · 0.3 km · about 4 min walk
  • Mediclinic - Al SufouhHospital · 2.1 km · about 6 min drive
  • Dr Marc Mueller VIP ClinicHospital · 4 km · about 10 min drive
  • Cosmesurge & Emirates HospitalHospital · 4.2 km · about 10 min drive
  • Armada Medical CentreHospital · 4.4 km · about 11 min drive

Parks and leisure near I - Rise Tower

The closest is JBR Beach, 5.2 km from I - Rise Tower (about 12 min drive).

  • JBR BeachPark · 5.2 km · about 12 min drive

Schools near I - Rise Tower

The nearest is American School Dubai, 0.3 km away. Ratings are the KHDA's latest inspection grades.

  • American School DubaiAmerican · KHDA: Good · 0.3 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 0.8 km
  • Next Generation School L.L.CAmerican · KHDA: Not inspected due to COVID 19 · 0.9 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 1.3 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 1.4 km
  • Al Arqm Private SchoolMinistry of Education · KHDA: Acceptable · 1.5 km

Other buildings in Al Thanyah First

Al Thanyah First has 20 buildings. A few others to compare I - Rise Tower with:

All 20 Al Thanyah First buildings →

Things to consider about I - Rise Tower

In its favour

  • Dubai Internet City metro station is within walking distance.
  • An active resale market: 25 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 19%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Completed 15 years ago: ask about maintenance and any planned refurbishment.

Specialists

Brokers who know I - Rise Tower

These brokers handle sales and lettings in I - Rise Tower and can tell you what is available now.

FAQs

I - Rise Tower: questions answered

I - Rise Tower was developed by Realty Capital in Al Thanyah First.

I - Rise Tower is completed in Q2 2011.

The 2018 service charge for residential units in I - Rise Tower is AED 13.45 per sq ft a year, as registered with the Dubai Land Department.

I - Rise Tower has Commercial (60 to 14,970 sq ft).

Dubai Internet City is about 0.9 km from I - Rise Tower.

The nearest schools include American School Dubai (0.3 km), GEMS Dubai American Academy - Dubai Branch (0.8 km), Next Generation School L.L.C (0.9 km).

Buying, selling or renting in I - Rise Tower?

A broker who works Al Thanyah First will tell you what is available and what comparable homes went for.

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