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Churchill Tower 1 - Business Bay

1,650,000
AED
/mo
Business Bay
Buy
Studio
Bedrooms
Bedroom
1
Baths
Bath
934
Sqft
4.60
%
-
5.15
%

Why You Should Invest in Churchill Tower 1 - Business Bay

If you are looking for prime office space in Dubai, you should consider investing in Churchill Tower 1 - Business Bay. This prestigious tower offers stunning views of the Dubai Canal, the Burj Khalifa, and the city skyline. Churchill Tower 1 is part of the Churchill Towers complex, which consists of two towers: Churchill Residency, a residential tower with 59 floors, and Churchill Executive, an office tower with 43 floors. 

Churchill Tower 1 is located in Business Bay, one of the most dynamic and vibrant areas in Dubai. Business Bay is a mixed-use development that features residential, commercial, and retail properties. It is also home to many multinational corporations, banks, hotels, and restaurants. Business Bay is strategically located near Downtown Dubai, the Dubai International Financial Centre (DIFC), and the Dubai World Trade Centre (DWTC). It is easily accessible by road, metro, and water taxi.

Here we will explore the benefits of investing in Churchill Tower 1 - Business Bay, as well as the urbanism, transportation, nearby points of interest and FAQs of Business Bay.

Your Office at the Churchill Tower

The Churchill Tower in Business Bay is a great investment opportunity for those looking to own a commercial office. It offers a high rental yield of 5.15%, measures 933.98 SQFT, and comes furnished. With a prime location surrounded by amenities like restaurants, shopping centers, schools, bike rentals, and residences, it's perfect for attracting a diverse range of tenants. Plus, tenants can enjoy stunning views of the pool, canal, and Burj Khalifa. Don't miss out on this opportunity - schedule a viewing today!

Urbanism of Business Bay

Business Bay is a master-planned community that covers an area of 64 million square feet. It was launched in 2003 by Dubai Properties Group, a subsidiary of Dubai Holding. The vision of Business Bay is to create a new central business district (CBD) that rivals other global financial hubs such as New York, London, and Hong Kong.

Business Bay is designed to offer a high-quality lifestyle to its residents and visitors. It features a network of canals, landscaped gardens, pedestrian walkways, and cycling paths. It also has a variety of amenities, such as mosques, schools, hospitals, shopping malls, and entertainment venues.

Business Bay is divided into several districts, each with its own character and identity. Some of the prominent districts are:

  • Al Abraj Street: This is the main artery of Business Bay, where most of the high-rise towers are located. It runs parallel to the Dubai Canal and offers spectacular water and city views.
  • Marasi Business Bay: This waterfront development features luxury residences, offices, retail outlets and a marina. It also has a 12-kilometer promenade that hosts cultural events and festivals.
  • The Opus: This is a futuristic building designed by the late Zaha Hadid, one of the most renowned architects in the world. It consists of two towers connected by a bridge and a void. It houses a hotel, offices, restaurants and a nightclub.
  • The Pad: This residential tower resembles an iPod on a docking station. It has a tilt of 6.5 degrees and features smart home technology and interactive living spaces.
  • The Binary: This is a pair of office towers linked by three bridges. It has a sleek design and offers flexible workspaces and state-of-the-art facilities.

Transportation in Business Bay

Business Bay is well-connected by various modes of transportation. It has two metro stations: Business Bay and Burj Khalifa/Dubai Mall on the Red Line. It also has several bus stops and water taxi stations along the Dubai Canal. Additionally, it has easy access to major roads such as Sheikh Zayed Road, Al Khail Road, and Marasi Drive.

Business Bay also offers ample parking spaces for its residents and visitors. There are public parking lots and garages available throughout the area. Moreover, there are valet parking services offered by some of the hotels and towers in Business Bay.

Business Bay's Strategic Location

Business Bay enjoys a strategic location in the heart of Dubai. It is close to some of the most important landmarks and attractions in the city. Here are some of the distances from Business Bay to various destinations:

  • Dubai International Airport: 15 kilometers (20 minutes by car)
  • Al Maktoum International Airport: 45 kilometers (40 minutes by car)
  • Burj Khalifa: 3 kilometers (10 minutes by car or metro)
  • Dubai Mall: 3 kilometers (10 minutes by car or metro)
  • Dubai Fountain: 3 kilometers (10 minutes by car or metro)
  • Dubai Opera: 3 kilometers (10 minutes by car or metro)
  • DIFC: 5 kilometers (15 minutes by car or metro)
  • DWTC: 7 kilometers (15 minutes by car or metro)

Nearby Points of Interest

Business Bay has a lot to offer to its residents and visitors in terms of leisure, entertainment and lifestyle options. There are many points of interest nearby that cater to different tastes and preferences. Here are some of them:

Restaurants

Business Bay has a wide range of restaurants that serve various cuisines from around the world. Whether looking for a fine dining experience, a casual bite or a quick snack, you will find something to suit your palate and budget. Some of the popular restaurants in Business Bay are:

  • Zuma: This is a Japanese restaurant that is famous for its sushi, sashimi, and robata grill. It has a stylish interior and a lively atmosphere. It is located in the DIFC Gate Village.
  • La Petite Maison: This is a French restaurant that specializes in Mediterranean dishes. It has a cozy and elegant ambiance and a friendly service. It is located in the DIFC Gate Village.
  • Nusret: This is a Turkish restaurant that is owned by the celebrity chef Nusret Gokce, also known as Salt Bae. It is known for its meat dishes, especially the steaks that are seasoned with salt in a theatrical manner. It is located in the Four Seasons Hotel at Jumeirah Beach.
  • Bombay Brasserie: This is an Indian restaurant that offers a fusion of traditional and contemporary flavors. It has a vibrant and colorful decor and a live music performance. It is located in the Taj Dubai Hotel.
  • MATTO: This is an Italian restaurant that serves authentic and rustic dishes. It has a chic and industrial design and a lively vibe. It is located in the Oberoi Hotel.

Groceries

Business Bay has several grocery stores and supermarkets that provide fresh and quality products to its residents and visitors. Some of them are open 24/7 and offer delivery services as well. Some of the popular groceries in Business Bay are:

  • Spinneys: This is one of the leading supermarket chains in the UAE. It offers a wide range of products, including organic, gluten-free and vegan options. It also has a bakery, a deli, a butcher and a fishmonger. It is located in Churchill Tower 1.
  • Carrefour: This is another leading supermarket chain in the UAE. It offers a variety of products, including local and international brands. It also has a pharmacy, an electronics section and a household section. It is located in the Bay Avenue Mall.
  • Choithrams: This is a local supermarket chain that has been operating since 1974. It offers a range of products, including fresh fruits, vegetables, meat, dairy and bakery items. It also has a loyalty program that rewards its customers with points and discounts. It is located in the Executive Towers.
  • Al Maya: This is another local supermarket chain that has been operating since 1982. It offers a range of products, including Asian, European and American brands. It also has a catering service that provides food for events and parties. It is located in the Clover Bay Tower.
  • Zoom: This is a convenience store chain that operates under the ENOC Group. It offers a range of products, including snacks, beverages, cigarettes and magazines. It also has an ATM machine, a phone recharge service and a lottery ticket service. It is located in several towers in Business Bay.

Schools

Business Bay has several schools and nurseries that provide quality education to its residents and visitors. Some of them follow international curricula such as British, American and IB. Some of the popular schools in Business Bay are:

  • Hummingbird Nursery: This is a nursery that caters to children from 3 months to 4 years old. It follows the British Early Years Foundation Stage (EYFS) curriculum. It has spacious classrooms, outdoor play areas, sensory rooms and music rooms. It is located in the Executive Towers.
  • Jumeirah International Nursery: This is another nursery that caters to children from 6 months to 4 years old. It follows the EYFS curriculum as well as the Reggio Emilia approach. It has bright classrooms, outdoor play areas, art studios and libraries. It is located in the Bay Square.
  • Blossom Nursery: This is another nursery that caters to children from 6 months to 6 years old. It follows the EYFS curriculum as well as the Skygarden approach. It has colorful classrooms, outdoor play areas, swimming pools and gardens. It is located in the Clover Bay Tower.
  • Dubai International School: This is a school that caters to students from KG1 to Grade 12. It follows the American curriculum and offers Advanced Placement (AP) courses. It has well-equipped classrooms, laboratories, libraries and sports facilities. It is located in Al Quoz, near Business Bay.
  • Gems Wellington Academy: This is another school that caters to students from FS1 to Year 13. It follows the British curriculum and offers International General Certificate of Secondary Education (IGCSE) and A-Level courses. It has modern classrooms, laboratories, libraries and sports facilities. It is located in Al Khail Road, near Business Bay.

Hospitals & Clinics

In case of any medical emergencies or routine check-ups, you will have easy access to several hospitals and clinics near Churchill Tower 1. Some of them are:

  • Mediclinic City Hospital: A multi-specialty hospital that provides high-quality healthcare services in various fields, such as cardiology, neurology, orthopedics, oncology and more .
  • Emirates Hospital: A boutique hospital that offers personalized care and advanced technology in a luxurious setting, with specialties such as plastic surgery, dermatology, dentistry and more .
  • Aster Clinic: A network of clinics that offers affordable and accessible healthcare services in various domains, such as general medicine, pediatrics, gynecology, ENT and more .

Religious

If you are looking for a place to worship or practice your faith near Churchill Tower 1, you will find several options in the vicinity. Some of them are:

  • St. Mary's Catholic Church: A Roman Catholic church that serves the expatriate community in Dubai, with regular masses in different languages and other religious activities .
  • Gurunanak Darbar Sikh Temple: A Sikh temple that welcomes people of all faiths and backgrounds, with daily prayers, langar (free meals) and community events .
  • Al Farooq Omar Bin Al Khattab Mosque & Centre: A mosque and cultural centre that promotes Islamic values and interfaith dialogue, with lectures, workshops and exhibitions .

Green Areas

If you need a break from the hustle and bustle of the city, you can relax and rejuvenate in one of the green areas near Churchill Tower 1. Some of them are:

  • Safa Park: A large park that features lush lawns, shady trees, a lake, a waterfall, a jogging track, a playground and more .
  • Al Khazzan Park: A small park that is powered by solar energy and features a picnic area, a children's play zone, a library and a café .
  • Marasi Park: A waterfront park that offers scenic views of the Dubai Canal, with a promenade, a marina, a fitness area and a food truck zone .

Churchill Tower 1 FAQs

Here are some of the frequently asked questions about Churchill Tower 1:

What is unique about Business Bay?

Business Bay is one of the most dynamic and sought-after areas in Dubai, as it is the hub of commerce and innovation in the city. Business Bay offers a mix of residential and commercial properties, as well as leisure and entertainment options, making it an ideal place to live and work. Business Bay also boasts a strategic location, as it is connected to the rest of the city by major roads and public transport. Business Bay is also home to some of the most iconic landmarks in Dubai, such as the Dubai Canal, Burj Khalifa and Dubai Mall .

What are the benefits of living in an office at Churchill Tower 1?

Living in an office at Churchill Tower 1 has many benefits, such as:

  • Saving time and money on commuting, as you can work from home or walk to your office in minutes.
  • Enjoying a spacious and comfortable living space, with modern amenities and facilities.
  • Having access to a range of services and conveniences, such as 24/7 security, maintenance, parking, gym, pool and more.
  • Appreciating the stunning views of the Dubai Canal, Burj Khalifa and the city skyline from your office.
  • Being part of a vibrant community of professionals and entrepreneurs who share your vision and passion.

What is the rental yield of an office in Churchill Tower 1?

Rental yields depend on various factors like size, location, and market conditions. However, Stat Global data suggests an average yield of 5.15%.

What are the benefits of investing in an office in Churchill Tower 1?

Investing in an office in Churchill Tower 1 has many benefits, such as:

  • Capitalizing on the high demand for office space in Business Bay, which is one of the fastest-growing commercial districts in Dubai.
  • Benefiting from the appreciation of property value in Business Bay, which is expected to increase due to the ongoing development and infrastructure projects in the area.
  • Securing a stable source of income from renting out your office to tenants who are looking for prime office space in Dubai.
  • Diversifying your portfolio with a valuable asset that can hedge against inflation and currency fluctuations.

Contact Stat Global, Dubai's leading real estate company if you want to rent, sell, or buy an apartment in the Churchill Tower 1. We have over 20 years of experience in the market and offer professional and personalized services to our clients. Stat Global can help you find your dream home in Business Bay at the best price and terms. Visit our website or call us at +971 4 587 2228 to get started today.

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Property Information

Type
Purpose
For Sale
Rent
Completion
Ready
Rental terms
Furnishing
Furnished
Added on
March 15, 2024

Nearby Amenities

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Churchill Tower 1 - Business Bay

Contact This Property
Ada Song
Location
Business Bay