‘Downtown’ word refers to the main part of the city or the main hub for business & commercial areas, now referring this to Downtown Dubai it means the most suitable place for high-earning professionals with access to everything they can imagine, in short, it is a no pain place where everything is at your service.
So Everything Over Here - Rises A Question Is Downtown Dubai A Good Investment?
The above definition would just work as a filler and as a buyer, you need more substantial facts and reasons to be a part of Downtown Dubai, here next you will find out the details that make it the top-rated destination.
Busiest Area In Dubai
As the area is the lifeline of Dubai with the presence of Burj Khalifa, The Dubai Mall, and Dancing Fountains so it makes this the busiest area there the tourism works as the main source, so there are heaps of benefits for living in the cream of the crop area.
City Experience
Every facility within the community gives you complete city exposure where the best social & physical infrastructures, best commercial units and rapid transportation comes with an intact city experience where you don’t have to leave the place for any requirement as everything is in the vicinity for you.
Top Area For Rental Properties
Isn’t it obvious? As Downtown is a prime tourist spot, so majorly it demands for rental properties and based on the requirements you can find out heaps of properties for investment that offers good value.
Find Out The Sales In Downtown Dubai
APARTMENT |
SALE PRICE IN AED |
VILLA |
SALE PRICE IN AED |
Studio |
933,000 |
2 Bed |
3,028,000 |
1 Bed |
1,430,000 |
3 Bed |
6,321,000 |
2 Bed |
2,437,000 |
4 Bed |
8,073,000 |
3 Bed |
4,184,000 |
|
|
4 Bed |
13,733,000 |
|
|
5 Bed |
36,645,000 |
|
|
So the range is unlimited where you will have countless range that fits your budget, also as an investor, it is important to know about the ROI as well so that you evaluate which type of property goes well with your investment.
Studio Comes Out As A Saver
With the minimum investment, you can enjoy the maximum ROI of 5.9% by investing in studio apartments and also the average sale price for a studio apartment is AED 933,000 so as an investor it is like having a cake and eat it too by getting a good monthly rental improving the financial portfolio and return on investment for better prospects.
Other than this, if you are seeking for bigger units, 1 bed is a good option offering 5.1% ROI, 2 bed with 4.7% and 4 bed with the same 4.7% ROI, so with the budget and return value you can find out best investment deal in Downtown Dubai.
Find Out The Popular Buildings
It is no surprise to say that Downtown is bustled with high-rated buildings where every building has own value and existence, so here you will find out some popular buildings named as- Burj Khalifa, The Address Residence Fountain Views, Burj Al Nujoom, The Address Sky View Towers and The Residences, each of them is placed according to their popularity where Burj Khalifa stands number 1.
Downtown With Hotels
As it is a tourist place so you will find the world’s best range of hotels offering the next level living space with a high range of modern facilities ameliorating the living experience. In fact, for the next level of access, the hotels offers direct way to Dubai Mall and the metro station so that the optimum utilization can be done.
Armani hotel, Palace Downtown, The Address Boulevard, Manzil Downtown and Vida Downtown are some of the exclusive range of hotels in Dubai where for investment these can be some lucrative options.
Easy Transportation
Probably the best transportation system where without your car you can reach any possible destination. Best metro options- Dubai Mall, Burj Khalifa and Emirates Towers are some popular stations that connect you to different other spots of Dubai, interestingly, here you will find first hydrogen powered trolley that moves people to and from various spots of Downtown.
And as it is the well planned community so commuting can never be a reason for your stress.
Connects To Both Old & New Dubai
Call it a beauty of Downtown that it connects to both old and new Dubai where DIFC, Business Bay, Nad Al Sheba, Jumeirah 1 and lots more places are at a short drive that will connect wisely with every place of Dubai, and this is because of the Downtown location and its unbeatable transportation system that creates a bigger connecting map in Dubai.
Nonstop Lifestyle
Downtown is the heartbeat of Dubai where its nonstop and lively atmosphere keeps everyone moving and ensures an unbeatable lifestyle, so for this, you can access Dubai Mall crammed with all top brands Louis Vuitton, Chanel and lots more, and then Souk Al Bahar with more than 100 shops, casual lounges, eateries and lots more inside.
Beyond this, the series of different cuisines are served where you can come with your family & friends, as you know Dubai comes with a diversified range of food, so nothing can beat this.
Other than this, ice rink, arcade, theme park, cinema, and fun activities are some best options for your recreational activities where you can keep yourself engaged in good activities.
Pet-Friendly Parks
When Downtown is called as the prime community of Dubai, then you can expect everything or anything, so not just for you but even for your pets there are dedicated parks and games where the pet grooming is done, and you don’t have to look for a different way, so this is how you meet a comfortable lifestyle.
And surely with all these points, it makes Downtown a good investment where everything is well presented as it is considered as the window of Dubai.
Freehold Area
As every area in Dubai is not freehold, but Downtown is the one, so buying property here means 100 per cent ownership and safety to your investment, so buy your dream apartment or villa in Downtown.
Conclusion
So the motto of mentioning these points is to make you clear about Downtown Dubai for the first time buyer these facts works as the main pillars to find out the worth of it and most importantly to get the safety that you are investing at the right place.
Also, I believe that real estate investment needs proper guidance to avoid any kind of mistake, and for this, a company like Dubai Housing takes the challenge to ensure 100 per cent assistance where the buyer can find the dream property.
And needless to say, meeting the best market price might be a daunting task, but with help, you can find the lucrative price which is best in the market.
FAQs
What Is Downtown Dubai Known For?
It is known for its mega shopping experience, promenades make it a matchless destination in the world, and then Burj Khalifa, Dubai Fountain, and Downtown are some mind blowing factors.
What Is Downtown Dubai Called?
Downtown is called Downtown Burj Khalifa and before 2000, it was called Umm Al Tarif.