The Summit
This property is sold out. Now available for resale.
Overview
The Summit - You invest; We lease!
Situated on Sheikh Zayed Road in Dubai Marina, ‘The Summit' is a 38-storeyed commercial tower, comprising 30 floors of state-of-the-art freehold offices and 5 levels of podium. In addition, this edifice comprises recreational facilities and a shopping arcade. ‘The Summit' is the first real estate project in Dubai to offer condo-offices.
Condo-offices
A ‘Condominium' or a ‘Condo-office' represents multi-owned property. The common areas of the multi-owned property are utilized to the maximum benefit of all co-owners. This concept is applied to residential complexes and hotels in which the individual unit owners either occupy the premises or lease them on a short-term or long-term basis to have a regular rental income. Similarly, ‘The Summit' is being developed as a condo-office development which will follow the same principles of appointing a Rental Pool Manager to manage the tenancy and apportion the rents accrued in the rental pool in the same proportion of the ownership in development.
At ‘The Summit', the total number of offices proposed on each floor up to the seventeenth, is 14; it is 12 units from 18th to 37th floor. The total saleable area of the commercial project is 16,100 square feet approximately and becomes lower on the higher floors to about 15,350 square feet.
The Summit, Dubai at a glance...
- Freehold project
- 1st ever development in the region to offer condo-offices
- Located near TECOM in Dubai Marina; at close proximity to mega-developments in New Dubai
- Fantastic golf course views
- Easy access to Sheikh Zayed Road in Dubai
- Very exclusive option of placing the office space on a Rental Pool
- Proximity to Dubai Marina makes it suitable for leasing options
- Slated for completion in 2009
FOR INQUIRIES CONTACT
+971502509739
sales.uaeproperties@gmail.com
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