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Majidthebroker
New Member
Downtown Dubai is a large-scale, mixed-use complex which was developed in Dubai, United Arab Emirates. The Dubai Downtown was created by the Emaar Real Estate Development Company, Before 2000 this place was called Umm Al Tarif, After 2000 Umm Al Tarif was changed to The Dubai Downtown, It is home to some of the city's largest landmarks including Burj Khalifa, The Dubai Mall, and Dubai Fountain. It covers an area of 2 square kilometres (0.77 sq mi),at an estimated cost of US$20 billion (Dh73 billion) upon completion and as of 2017, had a population of 13,201.
The development is situated along Sheikh Zayed Road, across from Al Wasl locality on the northwest. It is bounded to the south by Business Bay and to the northeast by Financial Centre Road, which separates it from Zabeel 2 and Trade Centre 2.
Arabic low-rise vernacular style of architecture is present in the Old Town, while high-rise contemporary buildings dominate the rest of the development. Downtown Dubai offers a range of high-end hotels such as Address Downtown, Vida Downtown, Al Manzil Downtown, as well as attractions such as a luxury Arabian market, Souk Al Bahar and a 3.5 km-long strip of restaurants and cafes on Sheikh Mohammad bin Rashid Boulevard. Souk Al Bahar has over 100 shops and over 20 restaurants, cafes and lounges adjacent to the Dubai Fountains.
Arts & Culture
The 3.5 km long Mohammed Bin Rashid Boulevard is a testament to downtown, urban culture and features cafes, high-end retail and hotels. Mohammed Bin Rashid Boulevard captivates visitors with events such as the annual Emirates Classic Car Show Festival, and permanent displays of masterpieces such as Al Sidra, a free-shaped bronze sculpture by Kuwaiti sculptor Mr. Sami Mohamed Al Saleh; world-renowned figurative artist Mr. Fernando Botero's 'Horse 2007,' a bronze sculpture weighing 1,500 kg (1.5 tonnes); Syrian artist Lutfi Romhein's 'Together' featuring two sculptures – that of an Arab man and an Arab woman, chiselled to perfection; Spanish sculptor Xavier Corbero's Gathering; South African sculptor Vincent Da Silva's Life-Size Andalusian Horse I and Rhims Gazelle Herd Edition 1, a dynamic sculpture of a herd of gazelles, cast in clay, and moulded in wax; and Jaeyho Lee's Chorus, a masterpiece sculpture created using 3.4 tonnes of steel and 7.6 tonnes of wood and standing at a majestic height of 15 metres.
Building on Dubai's emerging role as the cultural hub of the region, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai announced the launch of The Opera District in Downtown Dubai, to stimulate the city's cultural and artistic scene. In addition to Dubai Opera, the country's first dedicated Opera House, and several new galleries that will be built within the precinct, The Opera District will host two new 'art hotels,' an array of leisure components, several residential apartments and a design studio.
Emaar's patronage to the arts is further encapsulated in 'The Gallery' at Emaar Pavilion, a thriving destination that pays homage to the cultural renaissance of visual arts, by showcasing an array of collections from across the region and the world.
Downtown Dubai is also home to some of the city's largest festivities including the Downtown Dubai National Day Parade and the Downtown Dubai New Year's Eve Gala celebrations while hosting numerous concerts.
Downtown Dubai offers a lifestyle destination set in a distinct mix of traditional and modern architecture where people live, work and play.
Good Deals Available In Downtown:
2 Beds:
*Address Skyviews *
-Tower 2
-01 series
-1559 sqft
-rented until Feb 23
-high floor
-Highway view
-expected ROI: 5-6%
-Price per sqft: 44 AED
Asking: *4,100,000 AED
*Address Skyviews *
-tower 1
-01 series
-mid floor
-Rented for 220k until Jan 2023 (full rent amount will be given back at Purchase)
-Full Burj View
-Expected ROI: 7-7.5% (Based on rent market price of 350k AED)
-Price per sqft: 44 AED
Asking: 4,450,000 AED
*Address Skyviews *
-Tower 1
-06 series
-1646 sqft
-vacant
-low floor
-Full Burj View
-Expected ROI: 7-7.5%
-Price per sqft: 44 AED
Asking: 4,650,000 AED
VIDA RESIDENCES DOWNTOWN
-2 Bed 3 Bath
-1372 SQFT
- Mid Floor
- Burj Khalifa + Fountain View
-If purchased now, seller will:
1- Refund the rent amount at 200k per year. Or
2- No service charge for 3-4 year. Seller pays the SC in advance
Expected ROI: 7-7.5%
-Price per sqft: 39 AED
Asking Price - 3,499,000 AED
*_Average Recent Transaction prices - 4,000,000 AED *
Burj Vista
-2 Bed, 3 Baths
-1337
-Tower 1
-Rented
-Mid floor
-Sea view
-Expected ROI: 6-7%
-Price per sqft: 24 AED
-Asking: 2,450,000 AED
Burj Vista
-2 Bed, 3 Baths
-1404 sqft
-Tower 2
-Full Burj View
-Rented until october
-Expected ROI: 6-6.5%
-Price per sqft: 24 AED
-Asking: 3,300,000 AED
3 Beds
Address Skyviews
-Tower 1
-3 bed
-1998 sqft
-Vacant in transfer
-Mid floor
-Corner unit
-Expected ROI: 7-7.5%
Price per sqft: 44 AED
Asking: 6,100,000 AED
THE ADDRESS SKYVIEWS
-3 Bed 5 Bath
-1,998 SQFT
- Mid Floor
- Burj Khalifa + Fountain View
- Vacant (never been tenanted)
- Corner unit
-Expected ROI: 6.5-7%
Price per sqft: 44 AED
Asking Price - 6,500,00 AED
Brj Vista
-3 Bed 5 bath
-2058 sft
-Highest floor
-Full Burj View
-Rented
-Expected ROI: 5-6%
Price per sqft: 24 AED
Address Fountain Views
-3 bed 5 beds
-2181 sqft
-Full Burj/Fountain view
-Vacant
-High Floor
Expected ROI; 6-6.5%
Price per sqft: 42 AED
Asking Price: 8,400,000 AED
Vida Downtown
-3 bed
-1980 sqft
-03 series
-high floor
-Burj View
-Rented
Expected ROI: 7-7.5%
Price per sqft: 39 AED
Asking: 5,800,000 AED
1 Beds/Studios
BULK DEAL
Address Downtown
-3 studios in The Address Downtown for sale
-Vacant
-High floors
-519 sqft
Asking 1,650,000 each
Expected ROI for each unit: 6-7%
Price per sqft: 66 AED
Burj Vista
-Tower 2
-1 bedroom Apartment
-Vacant
-08 series
-970 SQFT
-Highway view
-Rental market price: 110-130k AED
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,650,000
Claren tower:
-Studio
-02 series
-492 sqft
-Vacant
-Rental market price: 60-70k AED
-low floor
-Business Bay view
-Expected ROi: 7-8%
Price per SQFT: 23 AED
Asking: 850,000
Burj Vista
-Tower 1
-1 bedroom Apartment
-Vacant
-02 series
-825 SQFT
-Highway View
-Rental market price: 110-130k AED
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,750,000
Burj Vista
-Tower 2
-1 bedroom Apartment
-Vacant
-02 series
-873 SQFT
-Burj Khalifa view
-Low Floor
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,950,000
Burj Vista
-Tower 1
-1 bedroom Apartment
-Vacant
-05 series
-890 SQFT
-Burj Khalifa view
-Mid Floor
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 2,300,000
Address Fountain Views
-1 bed
-Tower 3
-832 sqft
-Canal View
-low floor
Expected ROI: 7-8%
Price per sqft: 55 AED
-Asking: 2,000,000 AED
Address Fountain Views
-1 bed
-Tower 1
-832 sqft
-Burj View
-low floor
Expected ROI: 7-8%
Price per sqft: 55 AED
-Asking: 2,300,000 AED
PM me for more infromation and stat tuned for more.
The development is situated along Sheikh Zayed Road, across from Al Wasl locality on the northwest. It is bounded to the south by Business Bay and to the northeast by Financial Centre Road, which separates it from Zabeel 2 and Trade Centre 2.
Arabic low-rise vernacular style of architecture is present in the Old Town, while high-rise contemporary buildings dominate the rest of the development. Downtown Dubai offers a range of high-end hotels such as Address Downtown, Vida Downtown, Al Manzil Downtown, as well as attractions such as a luxury Arabian market, Souk Al Bahar and a 3.5 km-long strip of restaurants and cafes on Sheikh Mohammad bin Rashid Boulevard. Souk Al Bahar has over 100 shops and over 20 restaurants, cafes and lounges adjacent to the Dubai Fountains.
Arts & Culture
The 3.5 km long Mohammed Bin Rashid Boulevard is a testament to downtown, urban culture and features cafes, high-end retail and hotels. Mohammed Bin Rashid Boulevard captivates visitors with events such as the annual Emirates Classic Car Show Festival, and permanent displays of masterpieces such as Al Sidra, a free-shaped bronze sculpture by Kuwaiti sculptor Mr. Sami Mohamed Al Saleh; world-renowned figurative artist Mr. Fernando Botero's 'Horse 2007,' a bronze sculpture weighing 1,500 kg (1.5 tonnes); Syrian artist Lutfi Romhein's 'Together' featuring two sculptures – that of an Arab man and an Arab woman, chiselled to perfection; Spanish sculptor Xavier Corbero's Gathering; South African sculptor Vincent Da Silva's Life-Size Andalusian Horse I and Rhims Gazelle Herd Edition 1, a dynamic sculpture of a herd of gazelles, cast in clay, and moulded in wax; and Jaeyho Lee's Chorus, a masterpiece sculpture created using 3.4 tonnes of steel and 7.6 tonnes of wood and standing at a majestic height of 15 metres.
Building on Dubai's emerging role as the cultural hub of the region, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai announced the launch of The Opera District in Downtown Dubai, to stimulate the city's cultural and artistic scene. In addition to Dubai Opera, the country's first dedicated Opera House, and several new galleries that will be built within the precinct, The Opera District will host two new 'art hotels,' an array of leisure components, several residential apartments and a design studio.
Emaar's patronage to the arts is further encapsulated in 'The Gallery' at Emaar Pavilion, a thriving destination that pays homage to the cultural renaissance of visual arts, by showcasing an array of collections from across the region and the world.
Downtown Dubai is also home to some of the city's largest festivities including the Downtown Dubai National Day Parade and the Downtown Dubai New Year's Eve Gala celebrations while hosting numerous concerts.
Downtown Dubai offers a lifestyle destination set in a distinct mix of traditional and modern architecture where people live, work and play.
Good Deals Available In Downtown:
2 Beds:
*Address Skyviews *
-Tower 2
-01 series
-1559 sqft
-rented until Feb 23
-high floor
-Highway view
-expected ROI: 5-6%
-Price per sqft: 44 AED
Asking: *4,100,000 AED
*Address Skyviews *
-tower 1
-01 series
-mid floor
-Rented for 220k until Jan 2023 (full rent amount will be given back at Purchase)
-Full Burj View
-Expected ROI: 7-7.5% (Based on rent market price of 350k AED)
-Price per sqft: 44 AED
Asking: 4,450,000 AED
*Address Skyviews *
-Tower 1
-06 series
-1646 sqft
-vacant
-low floor
-Full Burj View
-Expected ROI: 7-7.5%
-Price per sqft: 44 AED
Asking: 4,650,000 AED
VIDA RESIDENCES DOWNTOWN
-2 Bed 3 Bath
-1372 SQFT
- Mid Floor
- Burj Khalifa + Fountain View
-If purchased now, seller will:
1- Refund the rent amount at 200k per year. Or
2- No service charge for 3-4 year. Seller pays the SC in advance
Expected ROI: 7-7.5%
-Price per sqft: 39 AED
Asking Price - 3,499,000 AED
*_Average Recent Transaction prices - 4,000,000 AED *
Burj Vista
-2 Bed, 3 Baths
-1337
-Tower 1
-Rented
-Mid floor
-Sea view
-Expected ROI: 6-7%
-Price per sqft: 24 AED
-Asking: 2,450,000 AED
Burj Vista
-2 Bed, 3 Baths
-1404 sqft
-Tower 2
-Full Burj View
-Rented until october
-Expected ROI: 6-6.5%
-Price per sqft: 24 AED
-Asking: 3,300,000 AED
3 Beds
Address Skyviews
-Tower 1
-3 bed
-1998 sqft
-Vacant in transfer
-Mid floor
-Corner unit
-Expected ROI: 7-7.5%
Price per sqft: 44 AED
Asking: 6,100,000 AED
THE ADDRESS SKYVIEWS
-3 Bed 5 Bath
-1,998 SQFT
- Mid Floor
- Burj Khalifa + Fountain View
- Vacant (never been tenanted)
- Corner unit
-Expected ROI: 6.5-7%
Price per sqft: 44 AED
Asking Price - 6,500,00 AED
Brj Vista
-3 Bed 5 bath
-2058 sft
-Highest floor
-Full Burj View
-Rented
-Expected ROI: 5-6%
Price per sqft: 24 AED
Address Fountain Views
-3 bed 5 beds
-2181 sqft
-Full Burj/Fountain view
-Vacant
-High Floor
Expected ROI; 6-6.5%
Price per sqft: 42 AED
Asking Price: 8,400,000 AED
Vida Downtown
-3 bed
-1980 sqft
-03 series
-high floor
-Burj View
-Rented
Expected ROI: 7-7.5%
Price per sqft: 39 AED
Asking: 5,800,000 AED
1 Beds/Studios
BULK DEAL
Address Downtown
-3 studios in The Address Downtown for sale
-Vacant
-High floors
-519 sqft
Asking 1,650,000 each
Expected ROI for each unit: 6-7%
Price per sqft: 66 AED
Burj Vista
-Tower 2
-1 bedroom Apartment
-Vacant
-08 series
-970 SQFT
-Highway view
-Rental market price: 110-130k AED
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,650,000
Claren tower:
-Studio
-02 series
-492 sqft
-Vacant
-Rental market price: 60-70k AED
-low floor
-Business Bay view
-Expected ROi: 7-8%
Price per SQFT: 23 AED
Asking: 850,000
Burj Vista
-Tower 1
-1 bedroom Apartment
-Vacant
-02 series
-825 SQFT
-Highway View
-Rental market price: 110-130k AED
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,750,000
Burj Vista
-Tower 2
-1 bedroom Apartment
-Vacant
-02 series
-873 SQFT
-Burj Khalifa view
-Low Floor
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 1,950,000
Burj Vista
-Tower 1
-1 bedroom Apartment
-Vacant
-05 series
-890 SQFT
-Burj Khalifa view
-Mid Floor
-Expected ROI: 6-7%
Price per sqft: 24 AED
Asking: 2,300,000
Address Fountain Views
-1 bed
-Tower 3
-832 sqft
-Canal View
-low floor
Expected ROI: 7-8%
Price per sqft: 55 AED
-Asking: 2,000,000 AED
Address Fountain Views
-1 bed
-Tower 1
-832 sqft
-Burj View
-low floor
Expected ROI: 7-8%
Price per sqft: 55 AED
-Asking: 2,300,000 AED
PM me for more infromation and stat tuned for more.
