Park Towers is a modern residential complex implemented by the developer DAMAC Properties. The complex features two multi-storey buildings, which consist of apartments, offices, and commercial spaces. Units are available to buy and rent. Each building consists of 49 floors with the first seven floors reserved for offices. Parking and retail outlets are located on the basement floors.
The project is recognized as one of the best mixed-use complexes in the region due to its innovative construction and multi-use spaces. Residents can live, work, and shop in one place.
Prospective buyers can choose from a wide range of apartments, including studios and one- to three-bedroom apartments ranging in size from 450 sq. ft (298 sq. m) to 3,200 sq. ft (298 sq. m). Despite the many differences in layouts, each property has a balcony with views of the surrounding park areas, cafés, and restaurants.
Residents can enjoy luxury accommodations that were designed to maximise comfort. Units offer unique designer renovations made with high-quality materials, which were carried out by experts using modern design methods. Depending on the number of tenants and personal preferences, properties can be selected to satisfy even the most demanding clients.
One-bedroom apartments have a starting price of AED 880,000 (USD 240,000), and the maximum price for a property is AED 2,300,000 (USD 626,200).
The profitability of an investment in properties at Park Towers is approximately 5%. Investors can benefit from several advantages, including:
Park Towers offers many profitable real estate investment opportunities, as well as high-quality accommodations within a major metropolitan city.