Asteco Appointed Exclusive Leasing Agent for Duja Tower

Press release
Published September 19th, 2017 - 08:45 GMT
Kieran Burley, Head of Commercial & Project Leasing, Asteco
Kieran Burley, Head of Commercial & Project Leasing, Asteco

Asteco, one of the region’s leading real estate firms, has been appointed exclusive leasing agent for Duja Tower, a unique building owned by Nasser Lootah Real Estate in the very heart of Dubai’s business district.

Prominently located along Sheikh Zayed Road, opposite Emirates Towers and Dubai World Trade Centre, Duja Tower (Duja meaning ‘just before dawn’) is a G+52 mixed-use tower made up of nine retail units on the ground floor, 11 offices on the first floor, and over 650 modern and high-class apartments.

Kieran Burley, Head of Commercial & Project Leasing, Asteco, said: “The property is ideally located right in the centre of Dubai’s business district, within easy reach of DIFC, Downtown Dubai and Business Bay. It also ensures easy access to the popular recreational destinations within the city, including beautiful parks, pristine beaches and the world class Dubai Mall and Burj Khalifa.

“Apartments boast high ceilings and huge glass windows with balconies providing a light and refreshing environment, while offering breath-taking urban views.”

Tenants can choose from a range of spacious one to three-bedroom apartments, starting at AED90,000 per annum for a 1,060 sqft one-bedroom; AED125,000 for a 1,361 sqft two-bedroom; or AED170,000 for a 2,351 sqft three-bedroom apartment. Already, 25 of the properties have been leased by Asteco.

Amenities include a prestigious health club located on the 51st floor, which enjoys spectacular views across the Dubai landscape; as well as an infinity pool, separate spas for men and women, a children’s play area, gym and 24-hour concierge and security services.

Retail Stores are located on the ground floor, while there is also parking spaces for approximately 700 vehicles in a separate 11-storey building to the rear of the tower. Metro stations, World Trade Centre and Emirates Towers, are also within easy access.

Riyadh Davids, General Manager, Nasser Lootah Real Estate, owner of the building,

said: “Duja Tower is a residential address of distinction, with attractive rental rates, matching the average for this area of the town. Extending some 191 metres high, the tower is marked at quarter points along the vertical elevation by luxurious sky lobbies, which provide cascading points of interest leading to a glazed dome at its top symbolising the clear dawn skies of its desert setting.”

Background Information

Asteco

Asteco, a major regional and international real estate services firm and the largest property services company in the United Arab Emirates, was founded in Dubai in 1985.  Asteco offers independent market analysis, design development consultancy and valuation services, sales and leasing services, as well as asset and property management services. 

Contact Information

Asteco,
Capricorn Towers,
6th Floor,
Sheikh Zayed Road,
P.O. Box 1714
Dubai,
United Arab Emirates
Fax number
+971 (0) 4 403 7778

PR Contact

Contact Name
James Lakie

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