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The Residence Tower 1, Downtown DubaiReady

The Residence Tower 1, Downtown Dubai

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HIGHLIGHTS

About The Residence Tower 1

Located in Downtown Dubai, The Residence Tower 1 is a residential building developed by Emaar Properties. Construction of the project started in 2004 and completed in 2007. The building offers views of Burj Khalifa and provides 1, 2 and 3-bedroom apartments. It features gym, swimming pool, steam room, sauna, jacuzzi, squash courts and a kids’ play area.

Downtown Dubai is one of the most iconic areas of the city as it houses landmarks like Burj Khalifa and The Dubai Mall. The community hosts various events throughout the year. The area is also a hotspot for tourists. It also houses various luxury high-rise buildings with apartments for rent and sale.

In a Nutshell

  • Type of building: Residential
  • Location: Downtown Dubai
  • Developer: Emaar Properties
  • Date of completion: 2007
  • Number of floors: 26 storeys
  • Unit type: 1, 2 and 3-bedroom apartments
  • Type of Ownership:  Freehold
  • Amenities: Gym, pool, sauna, jacuzzi, kids’ playing area and squash court
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BUILDING DETAILS

Facilities in The Residence Tower 1

Parking

Parking in The Residence Tower 1 is allotted to every apartment as per its size. There are four levels of parking in the building.

Elevators

High-speed elevators in The Residence Tower 1 provide hassle-free movement in the building.

Security, Central Air-Conditioning and Maintenance Services 

The security staff of the building monitors it using CCTV cameras. It also has maintenance staff for quick fixes.

Event Space

There is a community lawn that can be used for family gatherings and parties. The building also has a conference room for meetings and other formal events.

Gym and Fitness Facilities 

There is a swimming pool, sauna, steam room, jacuzzi and gym in The Residence Tower 1. All these facilities have modern equipment and accessories.

Lifestyle Amenities

Children can enjoy outdoor activities in the dedicated kids’ play area. There is also a squash court for adults.

Concierge and Guest Services 

There is a lobby in the building where guests can wait for their host.

Pet-friendly

Pets are allowed in the building.

Safety Features

Fire extinguishers are installed throughout the building for the safety of guests and residents.

The Residence Tower 1 Floor Plans 

The Residence 1 Floor plans
The Residence 1 - 1 Bed Apartments Suite 3 Ground Floor Floor plan
1 Bed, 2 BathsSuite, 3 Ground Floor
The Residence 1 - 1 Bed Apartments Suite 3 Floor 1 Floor plan
1 Bed, 2 BathsSuite, 3 Floor 1
The Residence 1 - 1 Bed Apartments Suite 3 Floor 2 Floor plan
1 Bed, 2 BathsSuite, 3 Floor 2
The Residence 1 - 1 Bed Apartments Suite 5 Floor 2 Floor plan
1 Bed, 2 BathsSuite, 5 Floor 2
The Residence 1 - 1 Bed Apartments Suite 5 Floor 3-36 Floor plan
1 Bed, 2 BathsSuite, 5 Floor 3-36
The Residence 1 - 1 Bed Apartments Suite 4 Floor 2 Floor plan
1 Bed, 1 BathSuite, 4 Floor 2
The Residence 1 - 1 Bed Apartments Suite 4 Floor 3-36 Floor plan
1 Bed, 1 BathSuite, 4 Floor 3-36
The Residence 1 - 1 Bed Apartments Suite 1 Floor 1 Floor plan
1 Bed, 1 BathSuite, 1 Floor 1
The Residence 1 - 2 Bed Apartments Suite 3 Floor 3-36 Floor plan
2 Beds, 3 BathsSuite, 3 Floor 3-36
The Residence 1 - 2 Bed Apartments Suite 1 Floor 2 Floor plan
2 Beds, 2 BathsSuite, 1 Floor 2
The Residence 1 - 2 Bed Apartments Suite 1 Floor 3-36 Floor plan
2 Beds, 2 BathsSuite, 1 Floor 3-36
The Residence 1 - 3 Bed Apartments Suite 2 Floor 2-36 Floor plan
3 Beds, 5 BathsSuite, 2 Floor 2-36
View allarrow_circle_right

Apartment Types in The Residence Tower 1

The Residence Tower 1 is a residential building in Downtown Dubai. There are different types of units in the building available for rent as well as sale.

1-Bedroom Apartments in The Residence Tower 1

1-bedroom apartments in The Residence Tower 1 have an area of 915 sq. ft. These units have an attached bathroom and a powder room. They also have a fitted kitchen, built-in wardrobes, marble floors and a balcony.

2-Bedroom Apartments in The Residence Tower 1

2-bedroom apartments in The Residence Tower 1 have an area of 1,452 sq. ft. to 1,629 sq. ft. These units have a spacious balcony connected to the living room. They have has two attached bathrooms and a guest bathroom. These apartments come with a close-styled kitchen and marble floors.

3-Bedroom Apartments in The Residence Tower 1

3-bedroom apartments in The Residence Tower 1 are situated on the upper floors of the building. They have an area of 2,081 sq. ft. to 2,599 sq. ft. They feature a spacious dining area and a fully fitted kitchen. The living area is connected to the balcony offering views of Burj Khalifa and the Dancing Fountain. These units also have a maid’s room and laundry area.

1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

According to Bayut, 1-bed apartments in The Residence 1 enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. 3-bedroom flats take up the third position on the list.

Rental Trends in The Residence Tower 1

Apartment TypeAverage Rental Price in AED
1-Bed133,000
2-Bed204,000
3-Bed348,000
Based on property listings on Bayut.com over the last 12 months. Last updated 8 hours ago
Exclusive Ramadan Deal: 1BR Apartment in  The Residence 1, Downtown
AED15,500Monthly
beds
1
baths
1
area
1,046 sqft
Exclusive Ramadan Deal: 1BR Apartment in The Residence 1, DowntownThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Full Burj View - Furnished 2 beds - 3 bath - Mid floor - Residences 1
AED215,000Yearly
beds
2
baths
3
area
1,435 sqft
Full Burj View - Furnished 2 beds - 3 bath - Mid floor - Residences 1The Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Fully Furnished | Large Layout | Fountain View
AED135,000Yearly
beds
1
baths
1
area
921 sqft
Fully Furnished | Large Layout | Fountain ViewThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
1 Bedroom | Furnished or Unfurnished | Available
AED135,000Yearly
beds
1
baths
2
area
915 sqft
1 Bedroom | Furnished or Unfurnished | AvailableThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
High Floor | Unfurnished | Spacious Layout
AED125,000Yearly
beds
1
baths
1
area
915 sqft
High Floor | Unfurnished | Spacious LayoutThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Maison Privee - Exclusive 1BR | Near Burj Khalifa | All Bills Incl
AED15,995Monthly
beds
1
baths
2
area
1,055 sqft
Maison Privee - Exclusive 1BR | Near Burj Khalifa | All Bills InclThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Upscale 2BR w/ Burj Khalifa & Fountain Views
AED30,000Monthly
beds
2
baths
2
area
1,629 sqft
Upscale 2BR w/ Burj Khalifa & Fountain ViewsThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
2 Bedrooms + Maid Room | Burj Khalifa View | Fully Furnished
AED290,000Yearly
beds
2
baths
2
area
1,629 sqft
2 Bedrooms + Maid Room | Burj Khalifa View | Fully FurnishedThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Fully Furnished | Vacant | Fountain View
AED450,000Yearly
beds
3
baths
4
area
2,082 sqft
Fully Furnished | Vacant | Fountain ViewThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Luxury Living | Prime Location | Fully Furnished
AED180,000Yearly
beds
2
baths
2
area
1,324 sqft
Luxury Living | Prime Location | Fully FurnishedThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
HomesGetaway- 3BR in The Residence Tower 3 Downtown - Emaar
AED45,000Monthly
beds
3
baths
3
area
1,629 sqft
HomesGetaway- 3BR in The Residence Tower 3 Downtown - EmaarThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Modern Apartment for Rent: – Prime Location
AED205,000Yearly
beds
2
baths
3
area
1,431 sqft
Modern Apartment for Rent: – Prime LocationThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Sale Trends in The Residence Tower 1

Apartment TypeAverage Sales Price in AED
1-Bed2,252,000
2-Bed3,847,000
3-Bed7,172,000
Based on property listings on Bayut.com over the last 12 months. Last updated 8 hours ago
Largest 1 Bed | Direct access to Fountains.
AED2,250,000
beds
1
baths
2
area
1,046 sqft
Largest 1 Bed | Direct access to Fountains.The Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Investor Deal l Unfurnished l Fountain View
AED2,449,999
beds
1
baths
1
area
915 sqft
Investor Deal l Unfurnished l Fountain ViewThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Vacant | Upgraded | High Floor
AED7,499,000
beds
3
baths
5
area
2,082 sqft
Vacant | Upgraded | High FloorThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
Vacant| Bright | Large layout | High Floor
AED2,400,000
beds
1
baths
2
area
1,046 sqft
Vacant| Bright | Large layout | High FloorThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
One Bedroom | Fountain Views | Vacant Now
AED2,450,000
beds
1
baths
1
area
915 sqft
One Bedroom | Fountain Views | Vacant NowThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
High Floor | Full Burj Khalifa View | Two Bedroom
AED3,700,000
beds
2
baths
3
area
1,452 sqft
High Floor | Full Burj Khalifa View | Two BedroomThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
HIGHER FLOOR | FURNISHED | FOUNTAIN VIEW
AED2,500,000
beds
1
baths
2
area
915 sqft
HIGHER FLOOR | FURNISHED | FOUNTAIN VIEWThe Residence 1, The Residences, Downtown Dubai, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Rental Yield in The Residence Tower 1

1-Bed
2-Bed
3-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

3-bedroom flats offer the highest ROI in The Residence 1 of 6.00%. 2-bedroom flats generate about 5.97% return on investment. 1-bed apartments offer an ROI of about 5.74%.

Service Charges in The Residence Tower 1

SERVICE CHARGESPRICE PER SQ. FT. IN AED
Services 3.76
Maintenance 2.67
Utilities Services 4.92
Management Services 1.09
Insurance 0.33
Master Community 2.69
Adjustment 0.6
Total 16.06

These figures are based on the services charges for The Residence Tower 1* as per the Dubai Land Department.

Service charges in Dubai vary from one community to another, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near The Residence Tower 1

There is no shortage of transportation near The Residence Tower 1 Dubai. Residents of the building can use buses, metro and cabs.

Bus Stop near The Residence Tower 1 Dubai

Clover Bay Tower 1 Bus Stop and The Binary Tower Bus Stop are 5 minutes away from the building whereas Burj Khalifa, The Palace Hotel Bus Stop is at a 7-minute distance from the location.

Metro Stations near The Residence 1 Tower Dubai

Various metro stations are located under a 10-minute drive from the building. Business Bay Metro Station and Burj Khalifa/ The Dubai Mall Metro Station are 6 minutes away from the building. Emirates Tower Metro Station is a 10-minute distance from the tower.

Restaurants near The Residence Tower 1

Popular restaurants near The Residence Tower 1 are:

  • Fuego
  • Asado Restaurant
  • Ewaan

Different restaurants are located near the building. Fuego is an 8-minute distance from the location. Asado Restaurant is 9 minutes away and offers Argentinian cuisine. Ewaan is famous for Middle-Eastern food and is also a 9-minute drive from the tower.

Fine dining restaurants in Downtown Dubai near The Residence Tower 1 are:

  • Tong Thai
  • Bice Mare Restaurant
  • Tresind Dubai

Fine dining restaurants are a few minutes away from the tower. Tong Thai is a 7-minute drive from the location and offers Thai food. Bice Mare provides delicious Seafood and is 9 minutes away. Tresind Dubai is a 16-minute distance from the location.

Supermarkets near The Residence Tower 1

Supermarkets in the area include:

  • Al Maya Supermarket
  • Carrefour
  • Choithrams Bay Square

Different supermarkets are located near the building. Al Maya Supermarket is 5 minutes away. Carrefour is a 6-minute drive from the location. Choithrams Bay Square is a 7-minute distance from the tower. All of them are ideal for buying groceries and other routine items.

Schools and Nurseries near The Residence Tower 1

There are various schools near the building including Eman School System, GEMS Wellington Primary School, JSS Private School and Hartland International School Dubai.

Nearby Buildings

Buildings near The Residence Tower 1 include Westbury Residence, Attareen, Windsor Manor and West Wharf Tower.

Major Landmarks

Nearby landmarks include:

  • Burj Khalifa
  • The Dubai Mall
  • Dubai Canal
Burj Khalifa is located at a 6-minute distance from The Residence 1.
Burj Khalifa is the tallest building in the world.

The Residence Tower 1 is close to various landmarks of the city. Burj Khalifa is located at a 4-minute distance from the building. It is the tallest building in the world. The tower offers numerous leisure, dining and entertainment options.

The Dubai Mall is a 7-minute drive from The Residence 1
Front view of The Dubai Mall

The Dubai Mall is a 6-minute drive from the building. It is one of the world’s largest shopping malls. The mall is home to over 1, 000 retail stores. It has over 14,000 parking spaces, 120 restaurants and cafes and 22 cinema screens.

The Dubai Canal is at a 15-minute distance from the building. It is an artificial canal that was announced in 2013 and inaugurated in 2016. The canalside walk has four hotels, one shopping mall and 450 restaurants. It is three kilometres long and has a width of 80 to 120 meters.

Things to Consider

There are various pros and cons of living in Downtown Dubai but the area gets quite busy during peak hours.

FAQs

DOES The Residence 1 Tower HAVE FLOOR PLANS?

The Residence 1 Tower does have floor plans available on the Bayut website.

WHAT ARE THE APARTMENT TYPES IN The Residence 1 Tower?

You can find 1, 2 and 3-bedroom apartments in The Residence 1 Tower.

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