Home to the tallest building in the world, Burj Khalifa, Downtown Dubai is the iconic and high-end locality of Dubai. It is the epitome of Dubai life, attracting people around the globe who are after luxurious living. Downtown Dubai is adjacent to Dubai Canal, a cool extension of Dubai Creek that lowers the temperature of this opulent district. The whole community is encircled by Sheikh Mohammed Bin Rashid Boulevard, which residents commute anywhere with ease. Downtown Dubai has a stunning array of residential buildings featuring high-end apartments for sale in Downtown Dubai that are a great attraction for residents and investors alike.
Due to its location and high standard of living, an investment in Downtown Dubai's real estate has prospects of excellent returns. The residential buildings in Downtown Dubai are modern and stylish; the apartments are designed with European and Middle East decor and generally come equipped with all the modern contemporary amenities. The demand for rental flats in Downtown Dubai is very high here as Dubai's transient ex-pat population usually are on the hunt for luxury and top-notch accommodation. Investors like to capitalise on such demand; hence Downtown Dubai has attracted money from every corner of the world.
If you are seeking permanent residence with family in Downtown Dubai, you will not regret it. There are world-class schools and nurseries like The Annex Institute, Kangaroo Kids Nursery, and Dubai Japenese School for children's schooling. Regarding entertainment, there are world-class spots like Dubai Opera - known as the soul of Dubai; and lavish dining options like Pizzaro. Owing to this vibrant lifestyle, the demand for apartments for sale in Downtown Dubai is very high.
Living in Downtown Dubai is a synonym for living a luxurious life. Imagine waking up in an apartment known for the scenic views of Dubai's skyline and the water fountains. Residential building feature flats for sale in Downtown Dubai in a variety of sizes, designs and architectural options. Downtown Dubai is deemed "the centre of now", and when you live here, you realise how true that really is.
The average price tag of a studio flat selling in Downtown Dubai is 1,000,000 AED. Next, 1-bed and 2-bed apartments in Downtown Dubai, which have the highest demand, can cost 3,100,000 AED and 5,500,000 AED on average. Finally, moving towards spacious apartments, the average cost of 3-bed and 4-bed apartments for sale in Downtown Dubai is 9,100,000 and 14,100,000 AED, respectively.
Can I buy an apartment in Downtown Dubai to rent it out?
Yes, you can purchase an apartment and sell it for profit or rent it out for a steady income. The decision relies entirely on your preferences.
Can a foreigner purchase an apartment in Downtown Dubai?
Yes! Downtown Dubai has freehold areas where foreigners can buy properties, including residential and commercial units.
Are apartments for sale in Downtown Dubai any good?
Apartments in Downtown Dubai are known for their high-end amenities and lavish designs. Life in Downtown Dubai is a life of luxury, and real estate does total justice to it.
Is Downtown Dubai a good area?
As the name suggests, Downtown Dubai is the centre of Dubai. It is easily one of the prime locations to live in the city and is known for luxurious properties, opulent lifestyle, and state-of-the-art facilities that come as standard in this part of town.