Downtown Dubai
Downtown Dubai is the city's bustling hub, featuring iconic sites like Burj Khalifa, Dubai Mall, and Dubai Opera. With its vibrant mix of culture, retail, and dining, it's a top tourist destination offering high short-term rental returns and flexibil
Project overview
Downtown Dubai is the city’s busy tourism hub, home to the towering Burj Khalifa skyscraper, with its observation deck, and the dancing Dubai Fountain, where crowds gather to watch music and light shows. The sprawling Dubai Mall offers global fashion brands and casual eateries, while Emaar Boulevard has a chic cafe scene. The Dubai Opera hosts dance, opera and musicals in a striking dhow-shaped building.
"Downtown in Dubai is the unofficial heart of the city, connected to both old and new Dubai. Emaar have created a beautiful, sleek & modern development, filled with green areas, family-friendly activities and stunning views. There is literally something for everyone. "
Why short term let your investment
- Earn far greater revenue than a 12-month tenancy contract.
- No long term 12-month contract to sign with a tenant nor 12 month notice to give for possession.
- Consistent cash flow from rentals rather than waiting for cheques to clear.
- You can stay in the property yourself as well as friends and family.
- Need to sell? not a problem, do viewings in between guest stays.
- Sell as a vacant property so appeals to both investors and end users.
- Growing rate of travelers into Dubai – a full recovery to pre-pandemic levels of 7.5m a month.
Why we like this development
- A beautiful, metropolitan area
- World-class sites such as Burj Khalifa
- Quick access to Dubai Intl Airport
- Excellent retail space with vast options
- Branded restaurants & cafes
- A number one location for tourists
- A cultural & arts hub
Bedroom | Studio | 1 | 2 | 3 | 4 |
---|---|---|---|---|---|
Transaction Price (Avg.) | 1,361,100 AED N/A | 1,700,000 AED N/A | 2,750,000 AED N/A | 4,000,000 AED N/A | 8,500,000 AED N/A |
Long Term Letting Rate (Avg.) | 80,000 AED N/A | 115,000 AED N/A | 185,500 AED N/A | 255,000 AED N/A | 500,000 AED N/A |
Short Term Letting Rate (Avg.) | 130,000 AED
(419.35/ night)
85% Occupancy N/A | 182,000 AED
(587.10/ night) 85% Occupancy N/A | 287,500 AED
(927.42/ night) 85% Occupancy N/A | 393,000 AED
(1267.74/ night)
85% Occupancy N/A | 725,000 AED
(2338.71/ night)
85% Occupancy N/A |
Running Costs (Avg.) | 26,000 AED N/A | 36,400 AED N/A | 57,500 AED N/A | 78,600 AED N/A | 145,000 AED N/A |
Long Term - Net Return | 80,000 AED <red>(5.88%)<red> N/A | 115,000 AED <red>(6.76%)<red> N/A | 185,000 AED <red>(6.73%)<red> N/A | 255,000 AED <red>(6.38%)<red> N/A | 500,000 AED <red>(5.88%)<red> N/A |
Short Term - Net Return | 80,000 AED <red>(5.88%)<red> N/A | 230,000 AED <red>(8.36%)<red> N/A | 230,000 AED <red>(8.36%)<red> N/A | 314,000 AED <red>(7.86%)<red> N/A | 580,000 AED <red>(6.82%)<red> N/A |
Short Term vs Long Term - % Yield Difference (-/+) | 30% N/A | 27% N/A | 24% N/A | 23% N/A | 16% N/A |
Disclaimer: The figures given are averages and should be used for guidance purposes only and should not be relied upon as statements or facts.
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