Developed by Emaar Properties, Downtown is the center of Dubai, home to many landmarks at a fast-evolving pace with bushels of activities. This prime location is the home to Burj Khalifa and Dubai Mall, while constantly attracting tourists with its luxurious lifestyle with plenty of new things to do in Downtown Dubai. Downtown is truly the heart of the city, tied to both new and old Dubai. It sits off the main Sheikh Zayed Road geographically, between the commercial hubs of Business Bay and Dubai International Financial Centre (DIFC). Nad Al Sheba (home to the Meydan Racecourse) is a short drive towards the east.
The area is known for the most luxurious vertical buildings though some villas have been built up to the standard. The community is an absolute benchmark for modern living and attracted many people’s affection for many years. It is the status symbol of the wealthy and famous of the world.
Downtown is quite close to or well linked with major commercial areas as well as other residential communities n the city. Bordering with Business Bay, it is located across Al Wasl and along Sheikh Zayed Road, Downtown is a lively and bustling neighborhood. It’s one of the best areas for non-private conveyance and frequent commuters. There are a lot of quality deluxe apartments to choose from making it a top choice to live luxury. Besides apartments, there are a number of elegant penthouses and podium level villas in the high rising residential towers.
The Downtown has grown into a coveted residential destination. Depending on the building, the apartments of Downtown come in different purposes and designs. Sizes mostly range from studios to 4-bedroom apartments. However, upcoming developments will offer options of 5-bedroom flats and even more. One can get amused by the variety of styles like low-rise Mediterranean-inspired apartment blocks to more contemporary style towers.
Studios are popular amongst tenants while its costs AED 55k with a space of 450 – 550 sq. ft. Burj Al Najoom is one of the top buildings for studio rentals in Dubai due to the comfortable setups and balconies that come with studio apartments. Secondly, 1-bed apartments for rent is AED 77k per year and it is 750- 850 sq ft on average space.
Likewise, renting 2-bed flats in Downtown Dubai that is size of 1,200 sq. ft. to 1,800 sq. ft. will be available at AED 122k. Burj Khalifa, the world’s tallest building gets higher ranks among the other projects in Dubai Downtown for renting spacious 2-bed apartments for few reasons like reputations and amenities.
For more spacious properties like Downtown Dubai 3-bed flats for rent, covering 2000 sq ft, the average cost would be AED 196k, per annum. Whereas, a typical 4-bed unit in Downtown will cost around AED 506k, on average spanning 2,800 sq. ft. The Residences and Boulevard Point are the places that offer villas on an average rent of AED 212k for 3-bed villas in Downtown Dubai.
For buying, Investors can also find quite a few beautiful residential buildings. Buying a studio in Downtown Dubai will cost somewhere around AED 920k when 1-bedroom units cost as high as AED 1.4M. Also, 2 bedroom apartment cost will be escalated as AED 2.4 while 3 bedrooms ones are available at more than AED 4M. Moreover, 4 bedroom penthouses with 5- 6 separate bathrooms that also comes with a driver’s room is about whopping AED 13M and nothing less. And the most popular buildings residentials mixed with commercials are Burj Khalifa, The Address Residences and Buj Al Nujoom.
Downtown is no doubt a bustling tourist area that is home to the world’s renowned hotel chains Armani Hotel Dubai, The Address Boulevard, Palace Downtown, and Vida Downtown hotels. The Armani Hotel is 5-star hotel with a luxurious design by the cooperation of Giorgio Armani an EMAAR Hotels & Resort. More essentially its located on 11 floors of Burj Khalifa, the world’s tallest building. Palace Downtown 5-star resort inspired by Middle-Eastern style and oversees the magnificent Dubai Fountain. Moreover, The Address Boulevard hotel provides direct access to the Dubai Mall, the world’s biggest mall. Lastly, Manzil is 4-star venue located in a quieter area offering finest dining options.
Visitors and residents could easily find options for transportations in Downtown Dubai.
It’s still easy to get around with or without a private car. In spite of a large number of taxis available in the area, there are bus stops on the F13 route for commuters relying on public transportation in Downtown Dubai. Downtown has its own metro station, The Dubai Mall/Burj Khalifa Metro. The Dubai Trolley, the world’s first hydrogen-powered trolley, is also servicing along Mohammed Bin Rashid Boulevard. It is designed for wanderers and greatly convenient for pedestrians and cyclists to get around.
There are several supermarkets include Waitrose in Dubai Mall and Spinneys and Al Maya apart from many other smaller groceries that deliver directly to homes. For families, there are numerous nurseries and schools within the vicinity. JSS Private School which was highly rated from the KHDA, is located in Al Safa which is only 10 minute drive away from Downtown. For young adults, Dubai International City and Knowledge Village offering internationally accredited programs are just 15-20 minute away.
Also, Downtown is home to the city’s largest mall, Dubai Mall which has global, local and regional brands of big and small that encompass almost anything from fashion to technology. Another mall is Souk Al Bahar, relatively relaxed experience concentrating on curated shops. For eateries, one can find almost everything- any cuisine from the world around the Dubai Fountain.
Dubai Opera is an eminent host of concerts, international shows, and events all-year-round. Tourists and residents also get loads of entertainment from outdoor galleries featured local artists.
Considered its many benefits, there could be some flaws of living in busy area. Given Downtown is a hot tourism destination, one could encounter a lot of congestions and uneasy lifestyle. Downtown is a place for small families or single expats with bigger pockets. Mostly, there are luxury apartments but one may be lucky to find a few affordable options.
Also Read: Four reasons to invest in real estate today
If you would like to get more information on leasing and buying apartments as well as market prices in this area- Kindly contact us for a free consultation at 800-TEXTURE and Whatsapp at +971-50-8091186.