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All areas →Downtown Dubai is Emaar's flagship district and the tourism and business hub of Dubai. It is home to the Burj Khalifa (the world's tallest building), the Dubai Mall (the world's largest shopping mall), the Dubai Fountain, and the Dubai Opera. Properties are spread across Burj Vista, Burj Khalifa, Address Residences, Boulevard Heights, and the Opera District. The market is luxurious and highly liquid, but comes with very high service charges (up to AED 68 per sqft in the Burj Khalifa) that reduce net yield. Today it offers a combination of stable capital appreciation plus relentless rental demand.
An exceptionally central location on the SZR. Peak hours can be very congested.
Downtown is the <b>most prestigious and iconic district in Dubai</b> — a combination of trophy assets (the Burj Khalifa), relentless tourist demand, and reasonable yields. <b>Important caveat</b>: service charges here are among the highest in the world — AED 30-68 per sqft. For a 1BR apartment this means AED 16-28K per year, equal to 15-25% of gross income. The net calculation requires particular attention.
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The Burj Khalifa (the world's tallest building) + the Dubai Mall (the world's largest shopping mall) + the Dubai Fountain + the Dubai Opera — all within walking distance. It is the most prestigious location in Dubai, with exceptional market liquidity.
Average gross yield: 6.8%. Studio: 6.5-7.5%. 1-2BR: 5.5-6.5%. Armani-branded: 3.5-4.5%. Mind the high service charges (30-68 AED per sqft) — net yield is 15-25% lower.
Studio / 1BR: 1.5-3 million AED. 2BR apartment: 2.8-5 million. 3BR apartment: 5-10 million. Penthouses: 10-50+ million. Armani Residences: AED 6,500-12,000 per sqft.
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