As the district is limited in size, multi-storey buildings predominate here. The most common property type in Downtown Dubai are 1-5-bedroom apartments (including serviced apartments) and penthouses. The cost of studios starts from AED 428,000 (USD 117,000), and one-room apartments cost from AED 695,000 (USD 190,000).
You can also buy or rent villas and townhouses in Downtown Dubai. There is a limited series of houses located on the runway levels of high-rise buildings. Prices for villas in Downtown Dubai start from AED 1,914,000 (USD 521,000) and for townhouses – from AED 5,100,000 (USD 1 388 000).
Another exclusive option is the purchase of a whole floor of a residential tower, which can be either a finished property or a floor in a building under construction. If it is an off-plan property, an investor can arrange the space at their own discretion. For instance, the owner could have one spacious residence or split the premises into several apartments and offices. You could live in one of these apartments yourself, and lease the rest of the premises, if buying an entire floor. The minimum price for a full floor in an apartment block in Downtown Dubai is AED 18,500 000 (USD 5,040,000).
Apart from being a business hub and providing top-class amenities for professionals from all around the world, Business Bay offers a wide range of apartments including one-, two-, three- and four-bedroom units.
One of the most trending off-plan projects in Business Bay are DAMAC Towers by Paramount Hotels & Resorts Dubai, Reva Heights and Zada Residences. All these residential projects are under developing by DAMAC Properties, one of the most trusted real estate companies in Dubai, well-known for their AKOYA Oxygen area.
DAMAC Zada Residences is a popular project among investors and buyers which offers one-bedroom apartments with luxury amenities including an open-air cinema, a gymnasium and a swimming pool. The apartments in this area overlook the skyline of Dubai and benefit from convenient location.
DAMAC Reva Heights is another high-demanding project offering apartments in Business Bay. The project comprises high-rise residential tower with top-class amenities.
DAMAC Towers by Paramount Hotels & Resorts Dubai is probably the most trending off-plan project in Business Bay. It is a residential complex with four high-rise towers, where three towers feature 1,200 serviced apartments and one tower is a luxury hotel by Paramount Hotels & Resorts.
Standing as authorized property professionals with years of experience, we acknowledge how confusing Dubai's off-plan property market could be for fresh buyers, as well as for experienced investors. Primarily when there are thousands of off-plan properties in Dubai. You won't have to go through countless listings on other UAE property websites. We have collected all available input about off-plan properties in one site and built a quick quiz for you to locate your ideal home in less than two minutes. Follow the easy steps on the screen to get your selection of undertakings that fulfil all your needs. Examine any project in Dubai relevant to you and contact us! Take A Quick Survey
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