Overview

Downtown Dubai is situated in the heart of Dubai and alongside Sheikh Zayed Road. Home to some of the globe’s most iconic landmarks, including the Burj Khalifa and The Dubai Mall, Downtown Dubai is preferred by many for its prime location, vibrant environment and bright skyline. Despite being a tourist hotspot, this area is a well-planned residential community and commercial hub.

Real estate market

Real estate market

The property market here comprises luxury apartments, serviced residences and penthouses. Most developments in Downtown Dubai feature high-rise buildings comprising studios and multi-bedroom apartments, complete with modern architecture and sleek interiors. The penthouses offer panoramic city views and lofts and duplex units are preferred for their spacious layouts. State-of-the-art residents’ amenities include swimming pools, gyms and concierge services.

Investors prefer Downtown Dubai’s properties for consistent demand for both short-term and long-term rentals. Multiple freehold ownership opportunities are readily available, making this location ideal for overseas investors. Besides, this area’s highlight is its proximity to corporate hubs such as Business Bat and DIFC.

Amenities and facilities

Amenities and facilities

Residents benefit from various facilities in Downtown Dubai – they are surrounded by multiple healthcare centres, supermarkets, schools and recreational spaces. Saudi German Clinic, American Hospital Dubai and Medcare Hospital Al Safa are all under 15 minutes from here. Educational institutions such as International Nursery, Dubai International Academy (DIA) Al Barsha, GEMS Wellington Primary School and Hartland International School are all under 20 minutes away.

Transportation

Transportation

Commuters in Downtown Dubai are well-connected as they benefit from excellent transportation links. The Burj Khalifa/Dubai Mall Metro Station (Red Line) connects Downtown to Dubai’s key areas. Local RTA buses operate several routes from here and Uber, Careem and local taxis are widely available. This area’s highlight is its central location — Business Bay is a five-minute drive, DIFC (Dubai International Financial Centre) is seven minutes and Jumeirah Beach and Dubai International Airport (DXB) are both 15 minutes. Dubai Marina is hardly 20 minutes from this location.

Lifestyle and culture

Lifestyle and culture

Downtown Dubai caters to residents who appreciate fine dining, high-end retail therapy and multicultural experiences. At.mosphere, 442 meters above ground in Burj Khalifa, is a must-visit for an unparalleled dining experience - Thiptara is famous for its exquisite Thai cuisine and stunning views of the Dubai Fountain. La Serre is a French-inspired bistro and for a more relaxed setting, The Cheesecake Factory in The Dubai Mall is a popular choice.

For those who want to enjoy Downtown Dubai’s vibrant nightlife scene, Agora, Stëlla and Honeycomb Hi-Fi are the recommended venues. Burj Park is right at the foot of Burj Khalifa and perfect for jogging, cycling and outdoor events. The Dubai Water Canal Promenade, a scenic waterfront area, is ideal for walks and runs. The lush, green Safa Park is just a 10-minute drive away, where residents can unwind and relax.

Investment opportunities

Investment opportunities

Downtown Dubai is considered one of the most sought-after investment locations worldwide thanks to the high rental yields, prime positioning and ongoing demand for residential and commercial properties. Professionals, expatriates and tourists make up the biggest tenant pool here. Another key element driving this consistent demand is Downtown Dubai’s strategic location and direct access to Business Bay, DIFC, Expo City Dubai and Dubai International Airport (DXB).

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View new homes for sale in Downtown Dubai

Address Grand

Location
Downtown Dubai
Developer
Nshama
Starting Price
AED 10,860,000
Handover Date
Q4 2028

Mercedes Benz Places

Location
Downtown Dubai
Developer
Binghatti
Starting Price
AED 8,800,000
Handover Date
Q4 2026
Frequently asked questions

Owning a property in Dubai offers buyers multiple benefits: investors benefit from 100% ownership in designated freehold areas which bring in high rental yields. They are also not required to pay any annual property tax and get eligible for a long-term residency UAE visa. A stable economy, world-class infrastructure and foreign-investment favoured regulations are additional advantages.

Through our multiple offices in the UK, Asia and the Middle East. Benham and Reeves offers end-to-end services to its global clientele and offers assistance with identifying the best property as per your requirements, file legal paperwork on your behalf, manage remote transactions and offers and a seamless property buying experience – regardless of where you are based.

While approval criteria and interest rates may differ for non-residents, we only refer clients to trusted financial institutions. Financing options of up to 60% loan-to-value (LTV) may be available; however, this is subject to individual lender approval and the applicant's financial profile.

The Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) regulate the Dubai property market. These reliable authorities ensure complete transparency, protect buyers’ rights and oversee fair real estate practices.

You will be happy to know that there are no annual property taxes or capital gains taxes in Dubai. However, buyers must pay a one-time 4% transfer fee to the Dubai Land Department at the time of purchase.

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