Have you ever considered living in a place that brings together commercial business, activities, and luxurious housing? Dubai World Trade Center (DWTC) simply provides that. This area offers beautiful views. It provides its residents with all the essential facilities. This article provides you with all the essential information about DWTC and its features.

Dubai World Trade Centre (DWTC)

DWTC is a mixed-use development that integrates commercial projects, residential properties, retail spaces, and administrative centers. The 14-storey Convention Tower is next to the large Dubai International Convention and Exhibition Centre. Around the exhibition grounds, you will find the Sheikh Rashid Tower, Novotel Hotel, and Ibis Hotel. For residential living, there is Jumeirah Living – World Trade Centre Residence. 

The World Trade Centre Metro Station provides easy access to the outdoor event venue called The Plaza and Exhibition Gate. The complex includes various exhibition halls such as Sheikh Rashid Hall, Sheikh Saeed Halls, Sheikh Maktoum Hall, and the Trade Centre Arena. These halls host a wide range of events, from trade shows to concerts, making DWTC a lively and dynamic place. DWTC offers a variety of dining and entertainment options.

The complex has several restaurants, cafes, and food outlets that cater to different tastes and preferences. From fine dining to casual eateries, there is something for everyone. For those looking for a fine dining experience, there are several high-end restaurants within the complex. These restaurants offer a range of cuisines, including Middle Eastern, Asian, European, and American. 

Some popular dining options include Al Nafoorah, The Rib Room, and Trader Vic’s. For a more casual dining experience, there are numerous cafes and fast-food outlets. These include Costa Coffee, Starbucks, and McDonald’s. Several food courts offer a variety of quick and affordable meals.

Properties In Dubai World Trade Centre

The Trade Centre Tower, formerly known as Sheikh Rashid Tower, is a 39-floor skyscraper and one of the first landmarks on Sheikh Zayed Road. This 149-meter-tall building is primarily commercial and has many office spaces. It was the tallest building in the Middle East until the Burj Al Arab was built about 20 years later. Today, the title of the tallest building belongs to the Burj Khalifa.

Jumeirah Living – World Trade Centre Residence consists of two towers featuring 377 luxurious residences, including many serviced apartments. These apartments come in various sizes, including 1, 2, 3, and 4-bedroom units. There are also spacious 1, 2, and 4-bedroom duplexes, as well as 3-bedroom panoramic duplexes. The complex offers a fitness center, a rooftop pool, and an in-house dining area.

The 1-bedroom serviced flat has a floor area of 900 square feet. Its amenities include a modern ensuite bathroom, a fully-equipped kitchen, a widescreen LCD television, a DVD player, free Wi-Fi, and complimentary access to a private beach and Wild Wadi Waterpark. Additional amenities like newspapers, hairdryers, ironing facilities, and a minibar are available on request. The 1-bed duplex and 2-bed residences range from 1,160 square feet to 2,180 square feet. 

The 3-bed panoramic duplex ranges between 2,460 square feet and 2,730 square feet. The largest, 4-bed duplexes, offer a space of 3,130 square feet. The rental prices for duplexes in DWTC start from AED 99,000 and go up to AED 270,000 per year. Buying prices for duplexes range between AED 1.2 million and AED 6.5 million.

Renting a property in DWTC varies based on the type and size of the apartment. On average, a 1-bedroom apartment rents for around AED 120,000 per year. A 2-bedroom apartment rents for about AED 161,000 annually, while a 3-bedroom apartment costs around AED 380,000 per year. A 4-bedroom apartment has an average rental price of AED 377,000 annually.

For example, a luxurious 2-bedroom furnished apartment in Jumeirah Living World Trade Centre Residence can be rented for AED 170,000 per year. This apartment includes two beds, three baths, and a floor area of 1,250 square feet. Another option is a 3-bedroom duplex with a city view, ready to move in, which rents for AED 350,000 annually. This duplex includes three beds, four baths, and a floor area of 4,133 square feet.

For those looking to buy property in DWTC, the prices also vary. A 1-bedroom apartment averages AED 2 million, while a 2-bedroom apartment averages AED 2.894 million. A 3-bedroom apartment costs around AED 5.372 million, and a 4-bedroom apartment averages AED 6.339 million. Investing in property in DWTC can be profitable. The return on investment (ROI) for different types of apartments is quite promising. 

A 2-bedroom apartment offers an ROI of 7.53%, while a 3-bedroom apartment provides an ROI of 7.49%. A 4-bedroom apartment has an ROI of 6.5%.

Also Read: Dubai Real Estate Market Continues Strong Growth In Q2 2024

Events And Exhibitions At Dubai World Trade Centre

DWTC is renowned for hosting a wide range of events throughout the year. These events include trade shows, exhibitions, concerts, and global conventions. Some of the major events hosted at DWTC are GITEX Technology Week, Dubai International Motor Show, and Arabian Travel Market. GITEX Technology Week is one of the largest tech events in the region. It brings together technology professionals, experts, and enthusiasts from around the world. The Dubai International Motor Show showcases the latest cars, motorcycles, and automotive innovations.

The Arabian Travel Market is a leading international travel and tourism event that connects travel professionals and exhibitors from around the world. These events not only attract a large number of visitors but also contribute significantly to Dubai’s economy. They provide a platform for businesses to showcase their products and services, network with industry professionals, and find new business opportunities.

Accessibility And Transportation

One of the major advantages of DWTC is its excellent accessibility and transportation options. The complex is located along Sheikh Zayed Road, one of the main highways in Dubai. This makes it easily accessible by car from different parts of the city. The World Trade Centre Metro Station, located within the complex, provides convenient access to the Dubai Metro’s Red Line. 

This makes it easy for visitors to travel to and from DWTC using public transportation. The metro station connects to various parts of Dubai, including Downtown Dubai, Dubai International Airport, and Dubai Marina. In addition to the metro, several bus routes serve DWTC. These buses provide an affordable and convenient way to travel to and from the complex. Taxis are also readily available, offering a comfortable and efficient mode of transportation.

Conclusion

Dubai World Trade Centre is a significant landmark that plays a vital role in Dubai’s economy and international trade. It offers a dynamic and vibrant environment for business, events, and residential living. With its excellent facilities, accessibility, and diverse offerings, DWTC continues to be a major hub of activity and opportunity in Dubai. Whether you are looking for a place to do business, attend events, or find a comfortable place to live, DWTC has something for everyone.