Downtown Dubai

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Downtown Dubai is at the heart of Dubai, boasting the world’s tallest building – the Burj Khalifa. An architectural and engineering masterpiece, the tower offers uber-luxury residential, office and retail spaces.

Emaar’s flagship project, Downtown Dubai is a mixed-use complex that is situated along Sheikh Zayed Road. Spanning two square kilometres, it is also home to the emirate’s most famed attractions, including the Dubai Mall, the Dubai Fountain and the Burj Khalifa. Other features in the area include the Souq Al Bahar, Emaar Boulevard and the commercial centre -- Emaar Square, home to global financial institutions.

When it comes to living options in Downtown, it’s all about the apartments – whether it be skyscrapers or rustic 4-storey buildings that make up most of the Old Town. Many of the low-rise towers adopt an Arabesque style, some that even come with gardens. One of the perks of living in the area (aside from being a quick walk away from the world’s largest shopping mall) are the paved walkways and the community feel. 

Undoubtedly, those interested in Downtown living will have to be ready to shell out more cash, but if you’re looking to live in the heart of the city, this is definitely the place for you.

No. of bedrooms Average price, AED Average rent per year, AED Average service charges, AED Approximate annual net rental income
Total Per ft2 Total Per ft2 Total Per ft2 AED %
Downtown Burj Dubai
1BR (860 ft2) 1,350,000- 1,800,000 1,570- 2,090 90,000- 130,000 100- 150 15,460 18 74,540- 114,540 5-7
2BR (1240 ft2) 1,900,000- 2,800,000 1,530- 2,260 130,000- 170,000 100- 140 21,870 18 108,130- 148,130 5-7
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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management