Property for sale in Downtown Dubai
Property to buy in Downtown Dubai, one of the city’s most popular communities, primarily consists of exclusive apartments and collections of villas and townhouses.
However, you can also find snug studios, stylish one- to four-bedroom apartments (which are fully furnished and equipped with state-of-the-art appliances), premium five-bedroom homes, and elegant penthouses and duplexes.
Each tower features its own architectural style but together, they form the unique urban space of Downtown Dubai, a high-status mixed-use community that attracts international visitors from around the globe.
The following amenities area available to residents of Downtown Dubai:
- Swimming pools and gyms;
- Spa salons, steam baths, and saunas;
- Observation decks;
- Parks and landscaped gardens;
- Children’s playgrounds and play areas;
- Numerous cafés, shops, and others.
Downtown Dubai is a popular district in the centre of Dubai, as well as being a hub of the emirate’s business and cultural life. It is home to iconic tourist destinations, such as the Burj Khalifa (the tallest skyscraper in the world), the Dubai Opera, the dancing fountains, and the largest Dubai Mall.
This community is famous for its luxurious lifestyle with striking high-rise towers, clubs, restaurants, boutiques, and five-star hotels, and is also known as “the centre of now”. Real estate for sale in Downtown Dubai, the United Arab Emirates, is perfect for those who want to experience the buzzing urban life and remain in the centre of it.
Cost of real estate in Downtown Dubai, UAE
Local homes target various categories of buyers. Property prices in Downtown Dubai range from AED 933,000 (USD 254,000) for a studio to AED 36 million (USD 9.8 million) for an opulent five-bedroom apartment. A one-bedroom home costs approximately AED 1.4 million (USD 381,000), a two-bedroom residence is worth AED 2.4 million (USD 563,500), and a three-bedroom property, AED 4.1 million (USD 1.1 million). For foreigners, it is just as simple as it is for locals to buy real estate here, due to this being a freehold zone, where expats can enjoy full ownership rights of their properties.
Property investment in Downtown Dubai
Investment properties in Downtown Dubai are a wise choice, as this district is among the highest-in-demand in Dubai.
The average return on investment in Downtown Dubai is 6.2% per annum, in the case of long-term rentals. If you would prefer to lease your property in the short term, the return will be 11-13% per annum, as this is a popular location with numerous landmarks and a continuous flow of tourists throughout the year.
Buy property in Downtown Dubai with AX CAPITAL
Professionals from AX CAPITAL, one of the best real estate agencies in Dubai, will provide you with detailed information and take care of all technicalities. We will help you to select a property in Dubai based on your requests and preferences, collect and procure all the necessary documents, make sure the transaction is quick and transparent and provide high-quality after-sales services. Please contact us, so we can help you to make your dream of owning a home in Dubai become a reality.