It comes as no surprise that Dubai’s real estate market is performing at its prime and if you think it's going to slow down anytime soon, it's just begun and will continue rising!
So, you might be familiar with Downtown Dubai, the community which is home to Dubai’s world-famous landmarks - The world’s tallest tower, Burj Khalifa and the world’s largest shopping mall, The Dubai Mall but Downtown Dubai is also home to the city’s finest residences.
Well then, has it been on your mind to buy an apartment in Dubai? Because it can’t get any better than Downtown Dubai.
Not only is the community abundant in retail outlets, fine-dining restaurants, interesting activities and great experiences but also is a great place for those who’ve recently relocated to Dubai or are searching for convenience.
I mean, how many times this week have you googled ‘convenient apartments in Dubai’ or ‘best places to buy an apartment in Dubai?’ And how many times has that result shown you Downtown Dubai?
Lost count, haven’t you! Can’t blame you so here’s top five reasons why you should buy an apartment in Downtown Dubai.
Views like no other!
Wouldn’t you like to wake up to views of the stunning Burj Khalifa, the Dubai fountain and the city beneath your feet?
I mean, who wouldn’t and that’s just one of the plus points of living in Downtown Dubai - everyday’s an instagram story of views on views!
Some of the towers you could consider when looking to buy an apartment in Downtown Dubai are The Address Residence which has fountain views, or take a look at Boulevard Central Towers for views of the Burj and Dubai Mall.
Convenience at your fingertips
Who doesn’t want the world at their fingertips? In an easy to get around kinda way - not in a sinister way!
Apart from the community being home to Burj Khalifa and Dubai Mall, Downtown Dubai is also highly abundant in supermarkets, restaurants, retail outlets, two cinemas, multiple five-star hotels and public transport bays. Did we mention, Dubai Opera House which hosts multiple broadway shows and exciting opera singers is also in the heart of Downtown?
Need a pair of shoes at the last minute? Dubai Mall’s just a couple minutes away! Need to do a grocery run? Waitrose, Al Maya and Zoom are on every corner!
Planning on renting it out? ROI like no other!
Did you know Downtown Dubai has one of the highest return on investment in all of Dubai? Oh, and rental yields are pretty strong too! So if you are going to buy an apartment in Dubai, don’t discount Downtown Dubai.
So, if you’re investing and planning to let it out, it can’t get any better than this. Expect a rental yield of 5-7% with return on investments going up 10-12%. Not sure about you but we’re highly considering buying an apartment in Downtown!
Downtown Dubai’s ROI has stayed healthy consistently since it first opened up in 2009, and not to mention some of the buildings such as South Ridge Tower, Address Residences and Burj Khalifa itself offer great ROI.
A hub for activities!
Downtown Dubai has an active and growing community within itself of sport and adrenaline junkies. Fancy yourself one? Then join the Downtown cycling committee or else get on board with the runners of Downtown.
The community is built with large sidewalks that are mostly occupied by cyclists and joggers. Best part, the community is abundant in parks so if you like an outdoor workout - this is your place. From yoga to circuits - they cover it all.
Downtown Dubai also has a ton of gyms and fitness studios that are definitely worth checking out if you’re a gym junkie. Downtown is home to the X-Line which is a zipline that takes place on top of the fountain and is a 30-second adrenaline rush!
A cultural hotspot
While Dubai is often praised for its cultural inclusivity, living in Downtown Dubai is like travelling to a different corner of the world.
The community isn’t just full of different nationalities but is abundant in culture and cultural activities that are highly inclusive and fun!
While you’re there, take a trip through the cultural market of old Dubai at the Souk Al Bahar. Apart from hosting a bunch of retail outlets, and souvenir shops, Souk Al Bahar also has many restaurants including the Time Out Market, spanning across twenty different cuisines!
Sold, are you?
Can’t blame you, so now when you are looking to buy an apartment, we can anticipate Downtown Dubai would be your first choice!