Nasser Rashid Lootah Building by Lootah Real Estate Developers
Business Bay, Dubai
project Overview for Nasser Rashid Lootah Building
AED 65,000
Starting Price
Ready%
Payment Plan
-Call us
Booking Fee
StatusReady
Completion Date01 Jan 1974
Lootah Real Estate Developers
Hisham Alibraheem
Agent
Development Details & Types
1 - 1 sq.ft
15
1 Bedroom-3 Bedrooms
About Nasser Rashid Lootah Building
A Piece of Dubai's History, Reimagined for Modern Living
Nasser Rashid Lootah Building, a residential gem developed by Nasser Lootah Real Estate, stands as a testament to Dubai's remarkable transformation. Completed in 1974, this 15-story building, once known as the 'Toyota Building,' holds a significant place in the city's early development. Today, it offers a unique blend of historical charm and contemporary comfort, providing residents with a truly exceptional living experience.
The building boasts timeless one- to three-bedroom apartments, each featuring spacious layouts and balconies that offer captivating views of the vibrant cityscape. While preserving its architectural heritage, Nasser Rashid Lootah Building has been thoughtfully updated with modern amenities, including air conditioning and 24-hour security, ensuring a secure and comfortable lifestyle.
Prime Location at the Heart of Dubai
Nestled near the iconic Burj Khalifa and Dubai Mall, Nasser Rashid Lootah Building enjoys an unparalleled location. Its proximity to key attractions, business districts, and public transport makes it an ideal choice for those seeking seamless access to Dubai's vibrant cultural and commercial hubs. The Burj Khalifa/Dubai Mall Metro station is just steps away, offering effortless connectivity across the city.
Residents can also easily access a variety of amenities, including local cafes, restaurants, the beach, and medical facilities. The Coca-Cola Arena and Sultanate of Oman Pavilion are within a short walking distance, adding to the building's appeal.
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A Closer Look at the Features of Nasser Rashid Lootah Building
Balcony
Built-in Wardrobes
Central A/C
Experience the Views from Nasser Rashid Lootah Building
Imagine waking up to breathtaking views of Dubai's ever-evolving skyline. The apartments in Nasser Rashid Lootah Building offer a unique perspective on the city's dynamic landscape, showcasing its impressive architectural feats and vibrant atmosphere. From iconic landmarks to lush green spaces, the view is as captivating as it is convenient.
Property Layout & Floor Plan for Nasser Rashid Lootah Building
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About Business Bay
Urban Living
Area LifestyleDubai Water Canal
Landmark
A dynamic hub of commerce and luxury living, Business Bay is Dubai’s answer to Manhattan and Ginza.
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Nasser Rashid Lootah Building Connectivity & Accessibilities
Dubai Metro
Royal Island Beach Club
Burj Khalifa
Dubai Opera
Dubai International Financial Centre (DIFC)
Dubai Aquarium & Underwater Zoo
The Dubai Mall
Dubai Ice Rink
Emirates Towers
Museum of the Future
Mercato Shopping Mall
Mercato Beach
Dubai World Trade Centre
La Mer Beach
Dubai Water Canal
Safa Park
Dubai Design District (d3)
Dubai Water Canal Ferry
Dubai Garden Glow
Jumeirah Beach
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Project Status and Details for Nasser Rashid Lootah Building
Status
Completion Date
No. of Floors
Developer
Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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Frequently Asked Questions
What is the history of Nasser Rashid Lootah Building?
Completed in 1974, Nasser Rashid Lootah Building is one of the first buildings in the area near the First Roundabout on Sheikh Zayed Road. It was originally known as the Toyota Building due to the prominent Toyota sign on its roof.
What types of apartments are available?
The building offers spacious one- to three-bedroom apartments with classic layouts and balconies.
What amenities are offered?
The building features air conditioning and 24-hour security.
What is the location like?
Nasser Rashid Lootah Building enjoys a prime location near Burj Khalifa, Dubai Mall, and the Burj Khalifa/Dubai Mall Metro station. It's also close to various restaurants, cafes, and entertainment venues.
What is the return on investment (ROI)?
Two-bedroom apartments offer a competitive ROI of 5.5% per annum (based on 2021 data).
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1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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