World-class shopping, legendary landmarks, and attractive promenades make Downtown Dubai a must-visit for any visitor. With icons like Dubai Fountain, The Dubai Mall, and Burj Khalifa, the mixed-use neighborhood boasts countless wow factors for visitors. But aside from the phenomenal architecture, luxurious retail stores, and swanky 5-star hotels, the establishment presents an urban vibe thanks to the pedestrian friendly style.
A trip to the observation deck of the world’s tallest tower Burj Khalifa, this is a splendid way to start your holiday. Mere metres away is The Dubai Fountain which is a delightful place with water, music, and light show unlike anything else. Plus, you can shop your heart out at The Dubai Mall, which is among the world’s biggest shopping malls.
Downtown Dubai might be abundantly urban, but there are pockets of green in the establishment, like Burj Park that opens mesmerizing views. This park frequently hosts large-scale events, such as a pop-up market called Market OTB which is held every winter in the Dubai Shopping Festival.
Wander through the artfully landscaped promenades along Sheikh Mohammed Bin Rashid Boulevard, with pristine walkways dotted with irresistible restaurants. Follow the curves and you will reach the Dubai Opera, where the city’s entertainment soul is found and stages a consistent set of theater, concerts, and more. Downtown Dubai is particularly vibrant at night, due to al fresco tables buzzing with diners, tall palm trees illuminated by fairy lights, and opera-goers dressed up.
There is even a dedicated form of commute – The Dubai Trolley. This is the world’s first hydrogen powered trolley that travels from Mohammed Bin Rashid Boulevard to other city hotspots. It’s almost impossible to ignore the palette of traditional and modern architecture – shiny buildings and colossal towers sitting next to the Arabian themed structures.
This sprawling metropolitan district boasts a mix of restaurants, hotels, architecture, retail stores, and homes. Now, let’s see some top-notch residential projects in Downtown Dubai where exceptional apartments are housed. We will discuss the following names one by one in this article:
- Burj Khalifa
- The Lofts
- Boulevard Point
- The Address Residences
- South Ridge Towers
- The Address Sky View Towers
1. Burj Khalifa
First up, the Burj Khalifa tower is the tallest building in the world and also a familiar attraction in the city. This icon in Downtown Dubai is a highly attractive, posh, mixed-use building. Present in the heart of Dubai, the building comes with an array of high-end and commodious apartments. Some of the amazing facilities and amenities offered to the lucky residents are security system, swimming pools, a health club, gym, and more.
The Pricing List Of Apartments in Burj Khalifa
You can buy 1 to 2 bedroom apartments in the world’s tallest skyscraper for AED 2 million and AED 3.9 million, respectively. And the return of these apartments is 5.9% and 4.6%. If you want to own a studio here, it will cost you AED 1.6 million. The estimated ROI of studio flats is 5.2%.
The sale price surges to AED 5.6 million for a triple bedroom apartment. Likewise, a 4 bedroom apartment for sale stabds at an average cost of AED 14 million.
2. The Address Residence Fountain Views
If you want to reside in the nearest building to the center of the action in Downtown Dubai, look no further. The Address Residence Fountain Views was the first dedicated serviced residence complex in the region.
This is actually a multi-building complex establishment consisting of three separate buildings – Address Residence Fountain Views 1, Address Residence Fountain Views 2, and Address Residence Fountain Views 3.
All three of these lucrative buildings receive an overwhelming response from homeowners and investors. The pricing list of these desirable apartments is as follows:
A single bedroom apartment for sale in The Address Residence Fountain Views stands at AED 1.6 million. For investors and buyers who are hunting for apartments in Downtown Dubai boasting a high ROI, these homes yield 7.1%. The cost goes up to AED 3 million, whereas the ROI is 5.4% for double bedroom flats in the complex.
For the people who want a bigger house to accommodate their family, 3 to 4 bedroom apartments are priced at AED 5.5 million to AED 8.9 million. The ROI of both types is 5.2%.
Some of the unrivaled amenities found here are – a kid’s play zone with a covered children’s swimming pool, a state-of-the-art health club, wet deck lounge, family swimming pool, and a rooftop recreation deck with water features.
3. Boulevard Point
Boulevard Point is the newest high-end luxury residence in Downtown Dubai. Apartments in Boulevard Point have different kind of luxury. It’s near Sheikh Mohammed Bin Rashid Boulevard and has an attractive view of downtown from its 63 storey tower, which are set above expansion on Fashion Avenue within Mall Of The Dubai (a popular landmark). Popular landmarks such as Burj Khalifa can be seen walking distance away while residents also enjoy access to world’s largest shopping destination through dedicated bridge linking directly to the Dubai Mall.
4. The Address Residences Sky View
This is one of the best developments in the city with a visually striking design. It consists of two 61-floor and 56-floor buildings in the region. If you are eager to live in this extraordinary venture, see the pricing list below.
The average rental cost of a double bedroom apartment in the project is AED 187k. A full investment of a single bedroom flat is AED 1.9 million with an estimated ROI of 6.9%. As for 2 to 3 bedroom apartments for sale in the establishment, the average sale cost goes up to AED 3 million to AED 4 million, respectively.
The ROI offered by these flats is 6.1% and 5.9%. You can expect to pay AED 8.3 million to purchase a 4 bedroom apartment in The Address Residence Sky View Towers. These flats generate a ROI of 5.1%.
5. South Ridge Towers
This is a 6-floor residential apartment complex developed by Emaar Properties. It comes with 997 homes in total. When it comes to variety, 1 to 4 bedroom flats and penthouses are available, with plenty of amenities and overlooking the thriving urban landscape of Burj Dubai.
The average sale cost of a single bedroom apartment in South Ridge Towers is AED 1 million and the estimated ROI I 6.4%. A double bedroom apartment for sale is priced at AED 1.9 million with an expected ROI of 5.9%. The bigger 3 bedroom apartments for sale in South Ridge Towers is present for an average cost of AED 3 million and an expected ROI of 5.5%.
This development is situated near Burj Khalifa and The Dubai Fountain. Moreover, the Burj Park is fairly close too.
6. The Lofts
This is yet another top-tier residential complex in Downtown Dubai consisting of 3 high-rise skyscrapers. These towers present studio, 1 bedroom, and 2 bedroom apartments. The location also makes it a desirable prospect for professionals working in the nearby DIFC.
A single bedroom apartment for sale in The Lofts will cost you AED 1 million, with an ROI of 6.7%. The sale price boosts to AED 1.5 million for a double bedroom apartment and the expected ROI is the same for this category as well. The amenities offered here are all modern and fulfilling, such as an air conditioned shopping arcade at the podium level.