Dubai World Trade Centre: Area, Neighborhoods, Amenities, & Lifestyle
Dubai, which has made a big leap in front of the world in the last 50 years, has started to come to the fore with its different communities and regions. Dubai World Trade Centre is one of these places, each of which whets the appetite of investors or tourists. This place, where the heart of economy and finance beats, is one of the places where the heart of Dubai beats parallel to Sheikh Zayed Road, the main artery of the city.
Located in the heart of business and financial centers just like the city center and Business Bay, Dubai World Trade Centre offers various opportunities for those who want to live or invest here in terms of its neighborhood, lifestyle, and social life.
DUBAI WORLD TRADE CENTRE FEATURES
Built in 1979 under the name of Sheikh Rashid Tower, this signed building of Dubai became a financial and commercial center over time, and became the Dubai World Trade Centre with the surrounding structures and became a district. But the starting point is Sheikh Rashid Tower.
When we look at the possibilities here;
- 21 exhibition halls
- 1.3 million square feet of space
- 40 Meeting Rooms
- The tallest and most prestigious skyscrapers in the region
- Lots of hotels
- Investment or residential real estate opportunities
DUBAI WTC COMMUNITIES AND NEIGHBORHOOD
The WTC complex consists of the 14-story Convention Tower located next to the massive Dubai International Convention and Exhibition Centre. Sheikh Rashid Tower and Novotel Hotel and Ibis Hotel are located around the exhibition grounds. The residential side is limited to Jumeirah Living – World Trade Center Residence. The World Trade Center Metro Station also provides easy access to the outdoor event venue Plaza and Exhibition Gate.
There are also many meeting rooms, event halls hosting many international events, Sheikh Rashid Hall, Sheikh Saeed Halls, Sheikh Maktoum Hall, and Trade Center Arena in this area.
DUBAI WORLD TRADE CENTER RENTALS
Like many areas of Dubai, Dubai World Trade Center offers great opportunities for rental properties. Especially here, rental apartments are extremely popular. When we look at the average prices;
Apartment Type Average Rental Price in AED
- 1-Bedroom 90.000
- 2 Bedrooms 125.000
- 3 bedroom 216,000
- 4 Bedroom 225,000
DUBAI WORLD TRADE CENTER FLATS FOR SALE
If you want to live close to the most important economic center of the Middle East, another type of property you can choose is flats for sale. At this point, Dubai WTC region gives you the following list;
Flat Type ROI
- 2 Bedrooms 6.5%
- 3 Bedrooms 6.6%
- 4 Bedroom 4.8%
3-bed apartments are the most profitable apartments with the highest return on investment of 6.6%. Investors may also consider purchasing 2-bedroom apartments with a potential ROI of 6.5%. Finally, 4-bed units can yield approximately 4.8% rental yield.
DUBAI WORLD TRADE CENTER LIFESTYLE
Dubai is an extremely lively and vibrant city day and night. Dubai World Trade Center has become one of the busiest and most crowded centers of Dubai with its proximity to the center, its economic density, the presence of the branches of the most important companies in the world, and of course its touristic structure.
This region, which has been developing and growing day by day since the end of the 70s, has famous buildings, an entertaining social texture and an international structure.
According to real estate reports in recent years, DUBAI WTC is among the most preferred destinations by investors.