Reasons you should consider buying property in Downtown Dubai
With tourist spots like the majestic Burj Khalifa, the beautiful Dubai Fountain and the mega Dubai Mall, Downtown Dubai has a unique appeal for investors and tourists alike. From logic-defying skyscrapers to an abundance of world-class restaurants, the district delivers the wow factor in a big way. But are they the only reasons so many choose to buy apartments in Downtown Dubai? The simple answer is no! There are a multitude of motivations to invest in Downtown Dubai property…and we have listed them for you right here.
WHY INVEST IN AN APARTMENT IN DOWNTOWN DUBAI?
Dotted with pockets of green, Downtown Dubai has an urban community feel. It is home to the city’s most defining structures, pedestrian-friendly walkways and beautifully landscaped promenades. It comprises numerous buildings and apartment complexes that offer a range of options. It is also one of Dubai’s most coveted addresses regardless of whether you’re living the bachelor life or raising a family.
YOU’LL GET A RETURN ON INVESTMENT
With its world-class amenities, this Emaar development has much to offer to both homeowners and investors. If you’re looking to buy an apartment in Downtown Dubai, you’ll be happy to know that it offers a healthy ROI of 5.54%.
Some of the most popular buildings to buy apartments also offer high ROI unsurprisingly.
- Burj Khalifa has a ROI of 5.87%.
- Burj Views’ ROI stands at 4.89%.
- The projected ROI of South Ridge Towers is 5.49%.
- 7.08% is the ROI of The Address Residence Fountain Views.
- The Residences has an ROI of 5.54%
THE VIEWS ARE UNPARALLELED
Imagine waking up every day to a close-up view of the tallest building in the world as well as the world’s tallest performing tower! This has to be one of the most amazing perks of living in Downtown Dubai.
You can search for apartments for sale in Downtown Dubai in Burj Al Nujoom, The Address Sky View Towers, The Address Residence Fountain Views and Burj Khalifa to enjoy beautiful views of the nearby attractions and beautiful landscape of the city.
IT’S A WHOLE OTHER LEVEL OF LUXURY
Downtown Dubai offers residents spacious and intelligently designed apartments. They come with airy rooms, a built-in kitchen and a balcony. The features of apartments vary from building to building, so in some cases, you can find apartments with an ensuite bathroom, a separate guest room and an extra storage room.
Residents can also access a luxury pool, gym, barbeque spot, kids play area, parking space and conference room available in most buildings in Downtown Dubai.
IT IS NEAR TO SOME OF THE BEST SCHOOLS IN THE EMIRATE
Not only can families live in luxuriously spacious apartments in Downtown Dubai but the combination of convenient Downtown public transport links and the proximity of some of Dubai’s best schools is another reason for you to invest in an apartment in Downtown Dubai.
For your little one, you can consider Blossom Downtown Nursery, Pinocchio Nursery and Hummingbird Nursery.
DOWNTOWN DUBAI OFFERS ACCESS TO REPUTED HOSPITALS
Being the city’s prime area, residents have easy access to many reputed hospitals in Dubai. Emirates Hospital is located within a 15 minutes drive while Mediclinic Parkview Hospital is just 19 minutes away.
DOWNTOWN DUBAI IS A CULTURAL AND NIGHTLIFE HOTSPOT
Downtown Dubai, also known as ‘the centre of now’, is home to Dubai Opera as well as some of the city’s finest dining and nightlife venues! There are several fine dining restaurants in Downtown Dubai. Besides that, you can find numerous bars and nightclubs in Downtown Dubai.
With a mix of much-loved homegrown concepts as well as bars and lounges, there’s no shortage of choice whether it’s a special occasion or even for a casual evening. For those who like to smoke shisha, there are also quite a few shisha lounges in Downtown Dubai.
JUMEIRAH BEACH IS CLOSE
If you’re a beach-lover then here’s another reason you should invest in an apartment in Downtown Dubai. Jumeirah Beach is a mere 10-minute drive from the majority of Downtown residences.
Alternatively, you could become a poolside dweller instead as odds are, your luxurious Downtown apartment comes with a luxurious resident-only pool.
GETTING AROUND IS EASY
Downtown Dubai is home to The Dubai Mall/Burj Khalifa Metro Station which makes it easier for residents to move around the city. Another station, Emirates Towers Metro Station is also situated close by. Dubai Trolley or trams operate off the Sheikh Mohammed Bin Rashid Boulevard.
YOU GET TO SHOP AT THE MOST POPULAR MALLS
Downtown Dubai offers you a chance to visit two of the best malls in Dubai. One is the city’s biggest shopping centre, Dubai Mall, while the other is a traditional Middle Eastern market, Souk Al Bahar. The Dubai Mall beckons your attention with more than 1,200 signature outlets while Souk Al Bahar houses more than 100 shops amidst Arabian decor.
Apart from shops, the malls contain several dining outlets too. Especially, Dubai Mall offers a lot more than shopping and dining. You can indulge in many activities in Dubai Mall besides shopping.
YOU CAN SIGN UP FOR THE OUTDOOR ACTIVITIES
Downtown Dubai is home to a pet-friendly park in Dubai. Bring your pooch to the tranquil Burj Park in the community. There are many things to do in Burj Park from jogging and running to lake ride and cycling. You can even find a bicycle rental system to roam around the entire community.
IT’S DOWNTOWN DUBAI – NEED WE SAY MORE?
From live performances at Opera to the picturesque views, Downtown Dubai is an ‘IT’ choice among investors. This is where you get to experience the ‘glitz and glam’ of Dubai. The area has some of the best restaurants in Dubai and is home to a few of the world’s best hotels, the list of reasons to buy apartments in Downtown Dubai goes on!
FAQS ABOUT WHY TO BUY APARTMENTS IN DOWNTOWN DUBAI
WHAT IS THE COST OF APARTMENTS FOR SALE IN DOWNTOWN DUBAI?
The cost of apartments in Downtown Dubai varies depending upon the type of building and the covered area. The price of a 1-bedroom apartment for sale in Downtown Dubai starts at AED 1,350,000 while you can buy a 2-bedroom apartment for sale in Downtown Dubai at upwards of AED 3,100,000. Buyers looking to invest in a 3-bedroom apartment for sale in Downtown Dubai can expect to shell out around AED 11,000,000.
WHERE TO BUY APARTMENTS IN DOWNTOWN DUBAI?
While there are numerous buildings in the area, Burj Khalifa, Burj Views, South Ridge Towers, The Address Residence Fountain Views and The Residences are the most popular buildings to buy apartments in Downtown Dubai.
That brings an end to our guide on why you should invest in Downtown Dubai. While investing is a viable option, you can also consider renting in Downtown Dubai. You can have a look at the top buildings to rent 1-bed flats in Downtown Dubai.
Before signing the rental contract, dont forget to familiarise yourself with the pros and cons of living in Downtown Dubai.
