What's the price range at TECOM Towers Residences?
Current price per sqft: AED 3400. Recent transactions: 3BR 2400sqft at AED 8,160,000; 2BR 1500sqft at AED 5,100,000. Price history (12 months): ranging from AED 3385 to AED 3400/sqft.
TECOM Towers Residences – Investment & Lifestyle FAQ
Complete guide to TECOM Towers Residences in Dubai Internet City / Media City: pricing, amenities, rental potential and ownership costs.
12
FAQ Pairs
4
Sections
36
Data Points
Today
Last Updated
Pricing & Units
What units are available at TECOM Towers Residences?
Unit mix: 100 × 1BR, 120 × 2BR, 35 × 3BR, 0 × 4BR, 5 × Penthouse. Total: 320 units. Standard residential tower.
Is TECOM Towers Residences a good value, or overpriced?
Tier: PREMIUM. Investment thesis: "Tech district residences with strong professional tenant base and solid yields; tech hub proximity appeals to knowledge workers.". Comparable buildings in Dubai Internet City / Media City range AED 2900–3900/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does TECOM Towers Residences offer?
Amenities: Tech campus access, Community pool, Gym, Community center, Retail and more. Year completed: 2010. Floors: 16. Well-maintained common areas and 24/7 security.
How many floors and units per floor in TECOM Towers Residences?
16 floors. Total units: 320. Average units/floor: 20. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in TECOM Towers Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (120 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is TECOM Towers Residences from key landmarks?
Beach: 8 mins. Internet City metro: 8 mins. Downtown Dubai: 24 mins. Airport (DXB): 16 mins.
Is TECOM Towers Residences easy to get to and from?
Metro accessible via Internet City. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around TECOM Towers Residences?
Located in Dubai Internet City / Media City, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1190/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 148750/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in TECOM Towers Residences?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at TECOM Towers Residences?
Gross rental yield: 5.5%–7.0%. 1BR typical rent: AED 11,250/month. 2BR: AED 18,333.333/month. Strong tenant demand; typical vacancy: 1–2 months/year.