Downtown Dubai Properties: Apartments, Real Estate, and Hotels
Properties in Downtown Dubai are highly sought after for buying or renting. Living in Downtown Dubai means experiencing a diverse and international environment while enjoying a luxurious and modern lifestyle. You'll have access to top-notch amenities and breathtaking views, all right in the heart of the city.
If you're interested in buying an apartment, Downtown Dubai has a constant stream of new developments. There are always fresh options available on the market, ensuring a wide selection for buyers.
For those who prefer the spaciousness of villas, Downtown Dubai offers a collection of luxury residences that embody the epitome of living in Dubai. These villas are meticulously designed with high-end furnishings and some even come with private pools, gardens, and maids' quarters.
If you're looking to rent, Downtown Dubai has a variety of properties to choose from. Whether you prefer apartments or luxurious penthouses, you can find a place that suits your needs. These rental properties often come with stunning views of the surrounding areas.
When it comes to apartments for rent in Downtown Dubai, each unit has its own unique features. They come in different sizes, layouts, and offer different views, bedrooms, and amenities. You can choose from a variety of options that cater to your preferences and requirements.
For those interested in exploring properties in Downtown Dubai, a guided video tour is a great way to get a closer look. Our experienced team will take you around the most popular neighborhoods and showcase the best properties available in Downtown Dubai. This will give you a better understanding of what each unit has to offer and help you make an informed decision.
Key points about apartments for sale in Downtown Dubai
Here are key points about apartments for sale in Downtown Dubai, explained in simple terms:
Apartments in Downtown Dubai are located near famous landmarks like the tallest dancing fountain, the largest mall, and the Dubai Canal. Living here means having easy access to these attractions.
Affordable with Payment Plans
Contrary to popular belief, apartments in Downtown Dubai are not unaffordable. There are special payment plans available, making it possible for you to own a luxurious apartment without straining your finances.
Rental Income Potential
If you're not living in the apartment all the time, you can rent it out and earn a high return on your investment. With an apartment in Dubai, you can expect returns of up to 10% annually, and over time, you can recoup your initial investment and see your apartment's value increase.
Apartments in Dubai are considered a safe investment because they tend to increase in value over time. With Expo 2020 approaching, the value of apartments in Downtown Dubai is expected to rise even further.
Investing in an apartment in Downtown Dubai is a smart choice because it meets the three key factors of a good real estate investment: location, demand, and amenities. The location is prestigious, the demand is steady and increasing, and the amenities are of high quality.
Potential for Value Enhancement
If you want to increase the value of your apartment, you can make improvements such as adding luxurious touches or upgrading certain features. These enhancements can make your apartment more appealing and valuable.
Downtown Dubai is internationally renowned for its landmarks like the Burj Khalifa and the dancing fountain. The area has excellent infrastructure and transport links, as well as a wide range of restaurants offering diverse cuisine options.
Investing in real estate in Downtown Dubai
Investing in real estate in Downtown Dubai has several advantages. Here are some of them:
One major advantage is that real estate investments in Dubai are not subject to income tax, capital gains tax, or property tax. This means that investors can keep a larger portion of their rental income and profits from selling properties.
Although property prices in Downtown Dubai are higher compared to other areas in the city, they are still reasonable when compared to major global cities like New York, London, and Hong Kong. Moreover, the potential for property value appreciation is strong, offering investors a good return on investment in the long run.
Investors in Dubai real estate have the opportunity to apply for a residency visa, which allows them to live and work in the United Arab Emirates (UAE). This visa is valid for three years and can be renewed as long as the investor maintains property holdings worth at least AED 1 million.
Hotels in Downtown Dubai
Downtown Dubai boasts many hotels. However, some of the following ones are:
Armani Hotel in Burj Khalifa
The Armani Hotel, located in the iconic Burj Khalifa, offers a range of top-notch amenities and services. The rooms are beautifully designed by renowned Italian designer Giorgio Armani, providing a luxurious and stylish atmosphere for guests. Additionally, the hotel boasts seven exceptional restaurants, each offering high-quality cuisine and impeccable service, ensuring a memorable dining experience.
Address Boulevard Hotel
The Address Boulevard Hotel provides a contemporary and spacious accommodation option. The rooms are tastefully decorated in soothing tones, creating a relaxing ambiance for guests. Equipped with state-of-the-art technology, these rooms offer both comfort and convenience. One of the key advantages of this hotel is its direct access to the renowned Dubai Mall, allowing guests to explore an array of shopping, dining, and entertainment options.
DAMAC Maison Distinction
Situated at the intersection of Business Bay and Dubai Creek, the DAMAC Maison Distinction stands tall in the heart of Dubai. With its strategic location, the hotel offers panoramic views of the surrounding architectural marvels. The spacious balconies provide a stunning vantage point for guests to admire the city's skyline and landmarks. Whether it's the bustling business district or the charming Dubai Creek, guests can soak in the beauty of Dubai's impressive urban landscape from the comfort of their rooms at this remarkable hotel.