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When it comes to living or traveling in Dubai, the first associations that come to mind are with the city’s most famous landmarks and attractions. Leading among them is Downtown Dubai. It rightfully stands as the center of urban life. Many aspire to own property in Downtown Dubai, which is distinguished by its particular luxury, offering residents inexhaustible opportunities for entertainment, relaxation, and income generation.

 

Construction of Downtown Burj Dubai began in 2004. The work was led by EMAAR, a company with an impeccable reputation, surprising the world with such an ambitious and impressive project. Today, Downtown Burj Dubai is a vast complex consisting of shopping malls, office buildings, hotels, and residential properties. Guests and owners can enjoy stunning shows at the musical fountain. Access to this area is possible from any part of the city thanks to the meticulously planned transportation infrastructure and the number one junction at the beginning of Dubai’s central highway.

 

Advantages of buying property in Downtown Dubai

 

  • Vibrant neighborhood: Downtown Burj is the most famous district in Dubai and is home to some of the most visited tourist attractions. At its center lies the Burj Khalifa, the tallest building in the world, as well as the Dubai Mall, the largest shopping center in the world.
  • Premium architecture: Residential buildings, offices, and hotels in downtown Dubai were exclusively built by Emaar Properties and stand out for their aesthetic architecture and central location with excellent transportation connections. It’s easy to reach the airport and Dubai Marina and beaches from this area.

 

Investing in real estate

 

Dubai offers high rental yields and attractive tax benefits. Combined with a constantly growing population, popularity among tourists, and consistently strong development opportunities, this is a place where everything is available both now and in the foreseeable future. Buying property in Downtown Burj Dubai promises not only a life in a thriving area but also benefits from its location through passive income.

 

District Infrastructure

 

Entertainment

 

In this globally renowned district, the most impressive attractions are concentrated. The Dancing Fountain is one of the city’s most captivating landmarks, featuring a spectacular show of light and water. It’s one of the largest musical fountains in the world, impressing spectators with its beauty, grace, and musical accompaniment. Visitors to the underwater zoo can enjoy impressive views of various marine creatures, such as sharks, rays, and fish, as well as walk through an underwater tunnel to immerse themselves in the atmosphere of the underwater world. Sports enthusiasts can visit the ice rink at any time of the year. It’s a great place for entertainment and relaxation for both children and adults. Dubai Mall features cinemas with state-of-the-art equipment, where you can watch the latest world cinema releases, as well as various gaming and entertainment zones for children and adults.

 

Restaurants

 

The shopping complex offers a huge selection of restaurants and cafes where you can enjoy dishes from various world cuisines and relax after shopping or entertainment. The upscale cafes and restaurants serve everything from nitrogen-frozen ice cream to delicious steaks. In this area and its surroundings, there are also hotels, including Souk Al Bahar, with cozy restaurants and trendy bars.

Shopping

 

The city’s largest shopping center, Dubai Mall, is home to international, regional, and local brands covering everything from fashion to literature and technology. Visitors can now also shop from luxury brands.

 

Education

 

Families with young children will easily find nearby nurseries. For high school students, schools in neighboring cities are no more than a 10-minute drive away, such as the private school JSS.

 

Healthcare

 

Special attention is given to healthcare in the UAE. Property owners in Downtown Dubai can avail themselves of hospital and medical center services. Numerous pharmacies are located throughout the district.

 

Types of Real Estate

 

Downtown Dubai is a multifunctional district with a seamless blend, attracting visitors from around the world. As for the type of real estate, there are VIP apartments here, making the city center one of the best areas in Dubai for renting apartments. Luxurious residential towers also include elegant penthouses and podium villas.

 

  • Apartments. You can find property for sale in Downtown Dubai of various sizes. All residential properties feature spacious areas, original decor, and comfort. You can purchase both furnished and unfurnished properties.
  • Penthouses. A wide selection of penthouses, as well as villas located on podium levels, guarantee unforgettable city views. The configuration of this housing varies from 3 to 4 bedrooms. Opera Grand also offers an exclusive collection of townhouses.

 

Commercial Real Estate. High-class hotels and office spaces make this area a desirable place and a “center of the real.” Here you can find everything from low-rise apartment buildings in the style of Middle Eastern bazaars to more modern skyscrapers.

 

Downtown Dubai Property for Sale Prices

 

The average price per square meter in 2024 is 31,700 UAE dirhams. Currently, there are over 4,000 properties for sale in Downtown Dubai.

 

The statistics are approximately as follows:

 

  • Apartments (3 bedrooms). Average starting sales price: 3,600,000 AED, and rental cost: 210 thousand AED. Average gross profit: 5.80%.
  • Villa/Multi-family home (2 bedrooms). Average starting sales price: 3 million AED, and average gross profit: 5.9%.

 

The average cost of a studio is 850,000 AED, and one-bedroom apartments can cost around 1.5 million AED. Two-bedroom apartments cost around 2.7 million AED, and three-bedroom apartments start from 3 million AED. Purchasing a property in Downtown Dubai with 4 bedrooms, 5-6 bathrooms, and a separate driver’s room will cost approximately 13 million AED. There are also many new projects offering luxurious 5-bedroom apartments with an expected price of 36 million AED.

Lifestyle

 

If you prefer a dynamic lifestyle, then this is exactly what you’ve been looking for. Downtown Dubai is thriving, and the bustling atmosphere is tailored for active people. This region, like no other, showcases glamor in all its splendor.

 

The surroundings offer world-class amenities, as well as modern attractions and sought-after lifestyle services. Due to its multicultural aspect, they are mainly populated by immigrants. The ideal location provides homeowners with an elite area of Dubai, as well as plenty of shops and cafes, eclectic nightlife, all conveniently located right at your doorstep.

 

Small families living further out enjoy a luxurious life in a bustling area with shops, large supermarkets, high-quality medical centers, and parks. There are several nurseries and playgroups in the area.

 

Due to its dynamic lifestyle, the presented district is best suited for young, stylish professionals with stable jobs.

 

Investing in Downtown Dubai

 

Dubai offers high rental yields and attractive tax incentives. Combined with a constantly growing population, popularity among tourists, and consistently strong development opportunities, this is a place where everything is available – both now and in the foreseeable future. Purchasing property in Downtown Dubai promises not only a life in a thriving area but also benefits from the location due to passive income. Dubai takes its real estate market very seriously, and the government actively promotes and regulates it, which benefits investors.

 

When investing in real estate in Dubai, it is important to have a reliable local specialist with years of experience and market knowledge. Buying an apartment in Downtown Dubai is an investment in the future, and with us, you will have a reliable partner.

 

We have an excellent local network for selling real estate in Downtown Burj, Dubai, which provides access to scarce and VIP properties. In addition, we only work with quality and secure developers and are independent.

 

The city is growing so fast that the Department of Tourism updates the map of Dubai every six months. As you read this, 25% of all cranes in the world are working in Dubai.

 

Benefits of Collaborating with “Alira Real Estate” Agency

 

Investing in real estate in Dubai is a lucrative venture, as property prices steadily increase due to stable demand. To acquire truly advantageous real estate, it is recommended to turn to a real estate agency where specialists ensure maximum security and reliability for each transaction.

 

As experts in the UAE real estate market, we offer:

 

  • A wide range of services in buying, selling, renting, and managing properties;
  • Flexible terms of cooperation and the possibility to choose from various property options;
  • Confidentiality and assurance that your information will not be disclosed to third parties;
  • A reliable and responsible partner in all transactions.

 

The team of experts at Alira Real Estate can assist you by providing all necessary information, current property prices in Downtown Burj, Dubai, and estimated rental rates. Submit an inquiry on our website or call us at +7 (986) 927-73-77 , +971 (588) 337 903. You can also reach us via email at info@alirarealestate.com.

FAQ

The cost of a square meter in Dubai can vary and range from $2000 to $5000 or even more.

Yes, investments not only offer potential profits but also open doors to a luxurious lifestyle. The city’s dynamic economy, investor-friendly atmosphere, and availability of freehold areas significantly enhance its attractiveness.

An off-plan property refers to a property under construction, and the developer commits to deliver it within the specified timeframe.

Yes, foreigners, including foreign residents and non-resident investors, have the right to purchase property under unconditional ownership terms. This allows them to freely engage in buying, selling, or renting property.

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