Downtown Dubai.
Downtown Dubai is the city's flagship urban district, home to the Burj Khalifa and Dubai Mall. It offers a luxurious city lifestyle with top attractions at your doorstep.
Downtown Dubai, often referred to as 'The Centre of Now,' is a mixed-use neighborhood developed by Emaar that has become one of the most visited destinations in the world. It spans 2 square kilometers and includes iconic landmarks. Residents live amidst an array of shops, restaurants, and entertainment venues. Housing options range from upscale apartments in high-rises to exclusive hotel residences. The atmosphere is vibrant and cosmopolitan, attracting tourists and affluent residents alike.
Investment Overview
Residential Properties
Average PriceAED 1,900 per sq ft
Price RangeAED 1.2M - 30M
Annual Growth6.0%
Rental Yield5.8%
Commercial Properties
Average PriceAED 3,000 per sq ft
Price RangeAED 5M - 50M
Annual Growth6.5%
Rental Yield8.5%
Market Insights
- •Prices increased by around 15% during 2024 due to sustained high demand.
- •Gross rental yields average about 6-7%, slightly above the city's overall average.
- •Strong investor interest in luxury units keeps supply tight.
Short-Term ROI
5-7%
Annual Return
Long-Term ROI
8-10%
Annual Return
Location & Access
Central Dubai, near Sheikh Zayed Road and Business Bay.
Strategically located about a 10-minute drive from Dubai International Airport. Downtown is easily accessible via Sheikh Zayed Road and Financial Centre Road. It borders Business Bay to the south and is adjacent to DIFC and Al Wasl areas. The Dubai Metro (Burj Khalifa/Dubai Mall station) and multiple bus routes service the area, ensuring convenient connectivity.
Transportation
Excellent public transport with the Dubai Metro Red Line at Burj Khalifa/Dubai Mall station. Easy road access via Sheikh Zayed Rd. Abundant taxis and ride-hailing services, plus pedestrian sky-bridges connecting key sites.
Key Attractions
Burj Khalifa
World's tallest building at 828m, featuring observation decks and a luxury lounge.
The Dubai Mall
One of the world's largest malls with 1,200+ stores, an aquarium, and an Olympic-sized ice rink.
Dubai Opera
A 2,000-seat multi-format performing arts venue hosting operas, concerts, and cultural shows.
The Dubai Fountain
A spectacular choreographed fountain show on Burj Lake, with water jets reaching 150m.
Community & Lifestyle
Upscale, bustling city life. Residents enjoy a vibrant, luxury urban lifestyle surrounded by tourists and professionals, with endless options for leisure and nightlife.
Popular For
- Iconic skyscrapers and landmarks
- Luxury shopping and dining
- Tourism and entertainment hub
Community Features
- Upscale high-rise apartments and hotels
- Pedestrian-friendly boulevards (e.g., Mohammed Bin Rashid Boulevard)
- Burj Park and waterfront promenades
- Year-round events (New Year's Eve fireworks, parades)
Investment Tips
Studios and one-bedroom units generally offer higher rental yields in this area.
Be aware of high service charges in iconic buildings (e.g., Burj Khalifa residences).
Properties with fountain or Burj Khalifa views command a premium but hold value well.
Neighborhood Guide
Downtown Dubai is ideal for those who want to live in the midst of Dubai's most iconic attractions. It offers unbeatable convenience and entertainment, though the popularity means crowds and premium pricing. Overall, living here provides a prestigious urban experience with everything at your fingertips.