Al Masaood Tower
About Al Masaood Tower
(sq. ft.)
Al Masaood Tower is a 20-storey commercial building by Al Masaood Group. It is located on Hamdan Street in Abu Dhabi and offers many modern and comfortable office spaces. The area features several restaurants and popular entertainment venues, which attract professionals and visitors.
The building offers a variety of onsite facilities and services, including:
- Several high-speed elevators with international safety standards
- 24-hour security with CCTV
- Nearby fitness centres, including Eagle Gym and Jaguar Fitness
- Parking on the basement level
Units include equipped fully operational offices with conference rooms that are separated by glass from the main lobbies. Some rooms also have bathrooms and storage facilities.
Properties range in size from 211 sq. ft (65 sq. m) to 1,098 sq. ft (335 sq. m), and the annual rental rates start at AED 52,000 (USD 14,000).
*The price is valid for 2021
Property Information
- Location Hamdan Street, Abu-Dhabi, UAE
- Developer Masaood Developments
- Status of Project Ready
- Type of Project Offices
- Area from 211 sq. ft.
Location
Al Masaood Tower is a commercial complex located in one of the busiest and most popular areas of Abu Dhabi. There are several bus stops near the building, as well as cab services. The area has a well-developed transportation network, which allows office workers to quickly access other parts of the city.
The nearest restaurants are Level Lounge, Spaccanapoli, and Tarbouche, and they serve a variety of cuisines from around the world.
There are also several local nightclubs and pubs, including Heroes, the Cellar-Wine Bar, and Harvesters Pub.
Employees who work in the area can take advantage of nearby residential complexes, including:
- 3 Sails Tower, a mixed-use development
- Silver Tower, a high-rise residential building
- Landmark Tower, a mixed-use project
Payback
The return on investment rate for commercial real estate at Al Masaood Tower is 5% to 5-6%, per annum. Investors are attracted to the building due to its convenient location, which provides quick access to residential, entertainment, and cultural facilities. The building offers a stylish design, modern office equipment, and the necessary services to ensure a comfortable and safe work environment.
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