Developer: Primarily Emaar, also Damac, Ellington
Types of Property: Studios and apartments
Average Price (out of 5): From $$ to $$$$
Popular Communities: Various including Burj Vista, Old Town, The Lofts, Address Residences Dubai Opera
Downtown Dubai is a bustling centre of Dubai with a number of bars, restaurants and premium hotels as well as the famous Dubai Mall, Burj Khalifa, Dubai Opera and Dubai Fountain attractions all situated in Downtown. Downtown Dubai is largely made up of high-rise apartment buildings, making it an ideal location for singles and couples, as well as young families, with apartment buildings often boasting their own pools and play areas.
Although there are no schools within the Downtown area, there are many schools accessible within a 10-15 minute drive. There are also a range of hypermarkets and supermarkets within walking distance of each apartment building.
If you do not have a car, Downtown Dubai is a suitable community with Dubai Mall and Business Bay metros within walking distance. The Dubai Metro has connectivity to many of the key landmarks in Dubai including Dubai International Airport, Dubai Marina and Mall of the Emirates. If driving, expect significant traffic when driving in and out of Sheikh Mohammed bin Rashid Boulevard, which is usually busy due to the high number of tourists visiting Dubai Mall & Burj Khalifa.
Downtown Dubai is one of the most popular locations for expats looking to rent in Dubai due to the prime location and accessibility of amenities and transportation. As a result Downtown Dubai generates strong returns for investors with high occupancy rates in Downtown apartments. The short-term rental market in Dubai is also lucrative for investors with potential annual returns between 8-10% per year, after deducting service charges.
Nearby Schools
Blossom Downtown (Nursery Only)
JESS Al Safa School (OUTSTANDING)
Hartland International School (V.GOOD)
Nearby Hospitals
Mediclinic Dubai Mall (<1.0km)
Medeor Downtown Medical Centre (<1.0km)
Nearest Golf Course(s):
Nearest Metro:
Dubai Mall / Burj Khalifa (<5min walk)
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