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The luxury skyscraper on the Dubai Water Canal is a four-tower building in Business Bay

August 15, 2023

Property Description
For Sale

Icon City Tower: Luxury Living in Business Bay

The Icon City Tower is a luxurious residential skyscraper located along the Dubai Water Canal, offering an impressive 63 stories of upscale living in the vibrant Business Bay area. Its unique architecture features floor-to-ceiling panoramic windows, providing residents with breathtaking 180-degree views of the bay, the Dubai Marina, and the surrounding skyline.

Key Features and Offerings

  • Diverse Residential Options: The tower includes fully equipped studios, as well as one, two, and three-bedroom apartments, designed with modern aesthetics and high-quality finishes. The studio sizes range from approximately 414 to 430 square feet, while one-bedroom apartments start at 699 square feet. Two-bedroom and three-bedroom apartments range from 1,076 to 1,989 square feet, respectively.
  • Investment Potential: The properties in Icon City Tower are particularly attractive for investors, with projected returns on investment (ROI) at approximately 6.7% for studios, 5.6% for one-bedroom apartments, 6.5% for two-bedroom apartments, and 5.3% for three-bedroom units, making it a lucrative opportunity in the Dubai real estate market.
  • Amenities: Residents can enjoy a plethora of luxurious amenities including:
    • A wellness center with a spa and massage salon
    • A state-of-the-art fitness club
    • A children’s play area and swimming pools, including a dedicated kids’ pool
    • A cinema and game room for entertainment
    • Meeting rooms and a yoga studio
    • 24-hour security and concierge services

Prime Location

Icon City Tower is strategically located on Sheikh Zayed Road, providing easy access to major attractions and essential facilities:

  • Proximity to Key Locations: Just a 10-minute drive to the Dubai Mall and Burj Khalifa, and close to the Dubai Marina Yacht Club and Al Maktoum International Airport (20 minutes away).
  • The location enhances the lifestyle, offering vibrant community living with easy connectivity to other parts of the city.

Payment Plan

  • Initial Down Payment: 10%
  • During Construction: 75%
  • Upon Handover: 15%

Conclusion

Icon City Tower is not just a place to live; it offers a lifestyle marked by luxury and convenience, combined with the potential for significant investment returns. Its unique offerings and prime location make it a standout project in the Dubai real estate landscape. For more detailed information, you can explore additional sources on property investment in Dubai.

  • country

    Dubai
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