Dubai has evolved into one of the most vibrant real estate centers in the world with more international investors, professionals and luxury lifestyle seekers coming in. The core of such transformation is the Downtown Dubai - an iconic block that houses Burj Khalifa, The Dubai Mall, Dubai Opera, and breathtaking residential and business facilities. To any prospective property investor, there is nothing as prestigious as Downtown Dubai, and with its unsurpassed convenience and longevity.  

Invesca Real Estate is going to show you all that you need to know about the idea of buying property in Downtown Dubai in terms of costs, and investment perspectives, living benefits, and additional opportunities in this blog.  

Why Choose Downtown Dubai?  

The Centre of Now is what downtown Dubai is commonly called and with a purpose. It is not only the geographical center of the city but the heart of the culture, business, and lifestyle of Dubai. Here’s why it stands out:  

1. Luxurious Address - Residing around the Burj Khalifa and The Dubai Mall will make you known to the world.
2. Good ROI- The residential buildings are located in downtown and hence the high demand by the tourist, professional and executives.
3. Luxury Lifestyle - It is home to the world-class restaurants, entertainment centers and cultural sites, and therefore, it is a prime place to live a luxurious life.
4. Superior Connectivity- Downtown is linked to all the parts of the city with easy access to sheikh Zayed Road, DIFC and Dubai international airport.  

The kind of Properties in Downtown Dubai.  

There is extensive selection of real estate in the downtown that can cater both the investors and end-users. You can find something you like, be it an investment or luxury home.  

1. Apartments  

High-rise apartments with stunning this-side of the Burj Khalifa, Dubai Fountain, or the Arabian Gulf are known as a trademark of Downtown Dubai. Such properties can be small flats and large penthouses.  

2. Serviced Residences  

Serviced apartments are offered to people who want to live a hassle-free life, which can provide them with five star hotel facilities with long term convenience.  

3. Villas and Townhouses  

Although not prevalent in Downtown in comparison with suburban communities, villas can be found in some of the developments. Downtown is a unique destination with scarce supply but a high prestige and should be considered by you in case you are planning to buy villas in Dubai .  

Home Price in the Dubai downtown 

The cost of buying property in Dubai is one of the most serious concerns of investors. Downtown sells at a higher price than in other districts and indicates its strategic location and prestige.  

• Apartments: The cost of a one-bedroom apartment usually covers AED 1.5 million down to above 20 million in luxury pent house.
• Serviced Apartment: AED 2M to 15M based on size and facilities.
• Villas: AED 10 million -AED 40 million according to location, view and features.  

With premium prices, the properties in the Downtown are also of excellent long-term value making it a safe investment decision by the investors.  

Comparison of Downtown and Other Areas in Dubai 

You, as an investor, may be considering what to invest in around the city, so you may question yourself whether Downtown is the right place to invest. Although cheaper locations exist, including the Jumeirah Village Circle (JVC) or the International City, also referred to as the cheapest place to own property in Dubai , Downtown still enjoys prestige and high rent rates.  

It is really the question of whether you have the prestige and long-term value (Downtown) or entry-level value (JVC, International City).  

Benefits in Terms of Lifestyle and Community.  

Purchasing in Downtown is a lifestyle choice and not a choice based on money. Here are some highlights:  

1. Burj Khalifa Views: Would you ever imagine seeing the tallest building in the world outside your window in the morning?
2. Dubai Mall Access: There is no place farther than your retail therapy, the largest shopping destination in the world.
3. Fine Dining: Michelin star restaurants and world cuisines are found in Downtown.
4. Green Spaces: in spite of its urban atmosphere, Downtown is equipped with landscaped parks, stroll-out areas, and recreational areas.
5. Cultural Hub: Dubai Opera is the best place to watch world-class performances in your locality.  

Who is best to Buy property in Downtown Dubai?  

1. Investors: High rental rates, stable demand and long-term price
2. Expats and Professionals: Employees of DIFC, Business bay or central Dubai have the advantage of having short commutes.
3. Luxury Seekers: The individuals who desire prestige and lifestyle and world-class amenities.
4. Holiday Home Buyers: Downtown is a city with a high potential of Airbnb and short-term rentals due to its tourist attraction.  

Downtown Dubai Future Prospects 

Dubai government is still spending hugely on infrastructural and community development. Dubai is going to continue attracting high-net-worth individuals with the legacy of Expo 2020, more tourism, and developing global interest.  

Depending on the trend, the demand of luxurious living will continue to increase and this means that the value of properties will keep on increasing. This tendency of branded apartments (Armani, Address Hotel, etc.) will also enhance the popularity of Downtown.  

Why Invesca Real Estate is of Benefit to you  

Invesca Real Estate is a company that focuses on the process of assisting investors and buyers with all their steps in the process of acquiring a property in Dubai. You may also count on our expert consultants to guide you whether you want to buy ready property in Dubai to move in suddenly or you want an off- plan investment in the Downtown.  

• Comprehensive comparison of properties.
• ROI analysis investment advice.
• Legal assistance and transfer of ownership.
• Getting privileged listings unavailable on the public market.  

It is our mission to see your investment in downtown Dubai not only to our satisfaction but also to our excellence too.  

Final Thoughts  

Acquisition of a property in Downtown Dubai is an investment in the spirit of luxury, culture, and economic development of Dubai. You need a gorgeous flat overlooking Burj Khalifa, a serviced apartment to save time, or even purchase villa in Dubai, Downtown has excellent options to ensure long time value.  

Other communities can be said to be the cheapest spot in the city to purchase property in Dubai but when it comes to the prestige and potential to make an investment, nothing is more as good as what Downtown offers. As demand of central, luxury living increases, price of property purchase in Dubai and particularly in Downtown is a good investment in the future.  

When you are ready to move, Invesca Real Estate can be there to help you make the decision with professional advice and privatized property plans.