DAMAC Executive Bay is a two-tower complex in Business Bay that offers residential units and office spaces. Developed by DAMAC Properties, the project boasts a unique exterior. The development consists of two towers: one offers residential apartments while the other is dedicated to commercial properties. The complex is situated adjacent to Dubai Creek, so residents can enjoy gorgeous views of the bustling district.
The two towers of DAMAC Executive Bay are named Tower A and Tower B; where the former features elegantly designed residential units and the latter offers spacious offices. The two towers are connected by a plaza. A portion of the complex is dedicated to facilities that both residents and business associates can use. The residential tower is facilitated with a sophisticated lobby, a large swimming pool, a fully equipped gym, a beauty salon and various other amenities.
Designed by Engineering Consortium Consulting Engineers, Tower A is a 19-storey residential building and Tower B is a 21-storey office building. The construction of the complex started in 2008 and was completed in 2014.
The towers stand tall adjacent to the Sheikh Zayed Road and are in proximity to the business hubs of Downtown Dubai and DIFC.
The convenient lifestyle offered to residents is mainly because of the prime location of DAMAC Executive Bay in Business Bay. The complex is surrounded by high-end hotels, captivating buildings and towering skyscrapers. The vibrant district houses a range of upscale restaurants, malls and supermarkets. The gleaming Burj Khalifa and The Dubai Mall are also close. The ideal location of the complex allows the residents to be well-connected to other major areas of Dubai.
All residential units get at least one spot for parking in DAMAC Executive Bay. Some flats and offices get multiple parking spots. There are multiple parking lots for visitors within walking distance of the tower.
There are four high-speed elevators in DAMAC Executive Bay. Besides these, service elevators are operational in the buildings.
DAMAC Executive Bay has a 24-hour security and CCTV system to ensure the safety of residents. A 24-hour operational front desk is established in the tower. In case of emergencies, a fire alarm system is activated. Residents and office occupants would have to pay yearly district cooling charges depending on their contract. The district cooling provider for DAMAC Executive Bay is Empower.
There is a well-equipped gym in DAMAC Executive Bay for residents. This is great news for fitness enthusiasts living in the complex. One can also find a large, temperature-controlled swimming pool, Jacuzzi, sauna and steam rooms.
A play area is also maintained in the building for families with children. Parents can safely rely on the daycare centre in DAMAC Executive Bay if they need to head out.
The complex has 24-hour concierge services.
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. Residents and investors can find the unit and bed types by browsing DAMAC Executive Bay floor plans.
DAMAC Executive Bay offers studio, 1 and 2-bedroom apartments. The residential units have various amenities and offer a comfortable lifestyle. All apartments are furnished with modern fixtures giving the dwellings a contemporary look.
Ranging from 420 sq. ft. to 470 sq. ft., studios in Executive Bay Tower DAMAC are perfect for individuals looking for comfortable accommodation. The cosy apartments feature furnished kitchens and bathrooms and some studio units have balconies.
1-bedroom apartments in Executive Bay Tower DAMAC have covered areas ranging from 680 sq. ft. to 750 sq. ft. The apartments are embellished with superior quality finishes. There is one en-suite bathroom in some apartments while others have two bathrooms. There are quite a few options in the complex for those searching for open-style kitchens.
The spacious 2-bedroom apartments in DAMAC Executive Bay Tower come in various configurations. The covered area for 2-bed apartments ranges from 1,050 sq. ft. to 1,350 sq. ft. The apartments either have two or three fully furnished bathrooms. The layout incorporates a fully equipped open kitchen, sizeable living spaces and bedrooms in most apartments.
Business Bay features many mixed-use buildings and DAMAC Executive Bay Tower is one that offers state-of-the-art offices. Occupants will find two types of offices in DAMAC Executive Bay: Shell and core and fully-fitted units.
Shell and core offices can be designed according to your needs. Fully fitted offices are furnished and ready-to-move-in units.
Shops for rent in DAMAC Executive Bay are found on the complex’s ground floor. These can be used as retail stores, restaurants and supermarkets. You can buy shops in Executive Bay starting from AED 1.4M.
According to Bayut, 2-bedroom flats in The Executive Bay enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. Studio apartments take up the third position on the list.
Information for average price is currently not available on The Executive Bay.
Studio apartments offer the highest ROI in The Executive Bay of 9.55%. 1-bed apartments generate about 9.35% return on investment. 2-bedroom flats offer an ROI of about 8.33%.
GENERAL FUND | PRICE PER SQ. FT. IN AED |
---|---|
Services General upkeep of the building |
4.16 |
Maintenance General repairs and replacements |
4.62 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
6.11 |
Management Services Owner’s association charges for managing the property |
1.55 |
Insurance Charge for the insurance of the building |
0.48 |
Master Community Fees for communal facilities in the neighbourhood |
0.69 |
Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
-0.63 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
1.49 |
Income A credit or debit charge |
-0.64 |
Total | 17.83 |
These figures are based on the services charges for DAMAC Executive Bay, Business Bay* as per the Dubai Land Department. There are many different types of Dubai service charges index. Read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
Residents and office workers can easily access public transportation near DAMAC Executive Bay.
There are a few bus stops within walking distance. These include XL Tower, XL Tower 2, Avanti Tower, U-Bora Tower 1 and U-Bora Tower 2 within an 8 to 12-minute walking distance.
Residents can find Business Bay Metro station at a 5-minute drive away from Executive Bay Tower DAMAC. The station lies on the Red Line of Dubai Metro.
Residents will find Meli’s Restaurant and Cafe, a casual dining restaurant on the ground floor.
There are multiple eateries and cafes dotted around the complex. Residents and office workers can conveniently access the dining options on foot. Although Business Bay is packed with dining venues, the closest options include Han Cuisine Restaurant, One Kitchen, Nurai Café and Pinza. Kitchen 6, Izakaya and Prime 68 are a few best restaurants in Business Bay, that can be found within a 6-minute drive away.
For upscale options, residents can head to one of the following fine dining restaurants near Executive Bay, Business Bay:
Nine7One is a fine-dining eatery serving Arabic, Asian and Western cuisines. At.mosphere is one of the best fine dining restaurants in Dubai. La Mezcaleria Kitchen & Lounge offers Latin American cuisine. All three restaurants are located within a 10-minute drive away from the building complex.
Residents enjoy quick access to various supermarkets, convenience stores and pharmacies. Barsha Hills Mini Mart and Thumbay Pharmacy are present on the ground floor of the complex.
Residents can go to these supermarkets near DAMAC Executive Bay for grocery shopping.
Happy Mini Mart is a 7-minute walk from the complex. Zoom and West Zone Fresh Supermarket, one of the best supermarkets in Dubai are a 4-minute drive away.
Canadian Kids Nursery, one of the affordable nurseries in Dubai and Kids First Group can be found within an 8-minute walking distance. Maple Bear Business Bay is a 6-minute drive away from DAMAC Executive Bay.
GEMS Our Own Indian School and Global International Indian School are within a 5-minute drive away. Dubai International Private School, Al Qouz is a 6-minute drive away from the complex.
Residential buildings near the complex include:
DAMAC Executive Bay is situated close to DAMAC Park Central, Safeer Tower 1 and AG Tower.
The nearest landmarks are:
The complex is situated between Al A’amal Street and Dubai Creek. The towers are a short drive from famous landmarks such as the Dubai Opera, Burj Khalifa and The Dubai Mall.
DAMAC Executive Bay features a range of residential apartments and office spaces. The complex offers various amenities, among other perks of living in Business Bay. However, traffic congestion in the area can create minor inconveniences.
Yes, DAMAC Executive Bay offers offices in different layouts and sizes.
You can find studio, 1 and 2-bedroom apartments in DAMAC Executive Bay.
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