Asteco appointed agent for Dubai tower
Dubai, December 8, 2013
Leading regional real estate services firm Asteco, has been appointed the sole agent for the new Al Ali Property Investment (API) Trio Office Tower in Dubai.
The 305,875-sq ft tower is an integral part of a high profile tri-tower development by API, located in the Al Barsha area, said an Asteco statement.
A total of 170 office units, ranging in size from 1,140 to 3,142 sq ft, are available from floors 7 to 41, offering views over Sheikh Zayed Road to the Jumeirah coastline and limited to just five units per floor, it said.
Sean McCauley, director – Agency, Asteco Property Management, said: “The accessibility of the API Trio Office Tower is a major influencer for prospective tenants, with commercial space at the New Dubai end of Sheikh Zayed Road seeing increasing demand.”
An onsite leasing office has been established to assist with enquiries and all commercial tenants will enjoy a suite of discounts for the neighbouring Novotel Hotel.
“We are also offering tenants the option of leasing shell and core office space for corporate customisation, or we can help them fast track their move and set up operations with a minimum of fuss with fully furnished office options also available,” said McCauley.
The trio of towers is rounded out by the Adagio Dubai Al Barsha Serviced Apartments, providing a useful second client accommodation alternative for office tenants.
“With space in the nearby Jumeirah Lakes Towers and Tecom C districts rising by 110 per cent and 82 per cent respectively over the same period, office rental rates at the New Dubai end of the Sheikh Zayed Road are expected to follow suit and increase in 2014, so the API Trio Office Tower offers clear first mover advantages for new tenants,” added McCauley. - TradeArabia News Service