
AED 26,770,000
3 bedroom apartment in Address Grand Downtown
4 bath · 5,625 sqft · Duplex · Prime Layout · Panoramic Views
Dubai area guides › Community
Downtown Dubai is the address at the foot of the tallest building in the world, and it was built to be exactly that. Every figure is McCone Properties’ own count from the Dubai Land Department’s registers: sales through October 2026, rents through October 2026.
What Downtown Dubai actually sells for — every building, ranked by recorded price →
What Downtown Dubai rents for — recorded tenancies by layout, and the yield →
Schools near Downtown Dubai — KHDA ratings, curriculum and fees →

At a glance
The guide
Downtown Dubai is the address at the foot of the tallest building in the world, and it was built to be exactly that. Emaar laid it out around the Burj Khalifa, the Dubai Mall and the fountain lake, a district of apartment towers along a boulevard, with an opera house, a low-rise Arabian quarter and the hotels that carry the brand's name, and it is where the city puts its skyline on the postcard. It is also a place a few thousand people call home, and this page is about that. The Land Department's register knows the whole district as Burj Khalifa, the tower's name, given at its opening for Sheikh Khalifa bin Zayed.
The district sits between Sheikh Zayed Road and Business Bay, with Financial Centre Road on one side and Al Khail Road beyond. The boulevard loops through it, lined with towers, cafes and the district's hotels; the lake and the fountain sit at the centre with the mall on one side and the tower on the other; the opera district fills the ground between the lake and the boulevard's far side. The Old Town quarter, low-rise and Arabian in style, sits beside the mall and has its own guide.
The district is busy at all hours and never more than on the evenings when the fountain plays and the city arrives to watch it.
Apartments only, from one-bedroom flats to some of the largest penthouses in the city, in towers that span the district's whole history: the early Emaar buildings around the lake and the Old Town, the boulevard towers of the district's middle years, and the newer towers of the opera district and the boulevard's far end, several of them carrying hotel operators' names. Service charges are among the highest in the city and finish, in the newer buildings, matches.
The Old Town quarter beside the mall is the district's exception: low-rise, Arabian in style, shaded and quiet, with courtyards and a souk of its own, and its flats trade as a market apart from the towers. It has its own guide.
Views are the currency here as nowhere else. A flat that looks at the tower and the fountain, and the same layout that looks at the road, are different markets, and the register records the gap building by building.
The Metro's station at the mall connects to the district by a long air-conditioned walkway, and residents of the towers nearest it use it; for the rest it is a walk in the cooler months and a taxi in the warmer. By car, the boulevard's few exits onto Sheikh Zayed Road, Financial Centre Road and Al Khail Road congest at the peak, on fountain evenings and badly on the nights the city celebrates here; residents learn the hours and the back ways. DIFC and Business Bay are minutes away, the Marina is a long run and the airport a reasonable one. Parking is allocated by flat and paid for visitors.
The Dubai Mall is the district's high street, with everything a city centre holds, and the boulevard's cafes and restaurants carry the everyday. The opera district carries the evenings for those who want them and the fountain carries them for everyone else. Supermarkets sit in the towers' podiums. There are no schools in the district; families use the schools of Jumeirah, Al Safa and Al Quoz a short drive away, and nurseries operate in several of the towers.
On the last night of the year the district is closed to cars, the tower is lit for the fireworks and the whole city comes; a resident here either hosts or leaves. The rest of the year's evenings are busy enough that the towers facing the lake are the ones that never sleep, and the towers on the boulevard's far side are the quieter choice.
People who want the address and will pay for it. Executives who work in DIFC or along Sheikh Zayed Road and want to walk to the desk. Buyers from abroad for whom the tower in the window is the point. Owners who intend to let, because the district's furnished and short-stay market is among the deepest in the city.
It suits families less well, and anyone who wants quiet, a garden, a school within walking distance or the most space for the money.
The district's towers span two decades and the register shows the spread: the tables on this page and the building pages beneath it list what each building's layouts actually fetched, and the gap between the early lake-side buildings, the boulevard towers and the new opera district is plain in those prices. Buyers should look at the service charge, which varies widely, at the cooling arrangements and, in the operated residences, at the operator's rules. Off-plan launches continue at the district's edges and are kept apart from resales here.
For tenants, the official index caps a renewal while a new lease follows the market, and the gap here is wide. Landlords weighing a furnished short-stay let should check the tower's rules first.
The tower itself carries residences on its lower floors; the early Emaar buildings around the lake and the Old Town, the boulevard towers and the operated residences of the district's hotel brands are the settled stock; the opera district's towers are the newest premium end. The table below shows where the district's sales are actually happening, and every building has its own page with every recorded price.
What it costs to buy
Completed resales over the last three years, by layout — the registered price and the registered floor area. Off-plan launches are counted separately and never folded in.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| Studio | 522 sqft | 1,182,750 | 1,288,077 | 2,319 | 358 |
| 1 B/R | 884 sqft | 1,950,000 | 2,048,257 | 2,195 | 2,199 |
| 2 B/R | 1,337 sqft | 3,350,000 | 3,630,984 | 2,504 | 2,373 |
| 3 B/R | 1,775 sqft | 5,400,000 | 5,847,855 | 3,001 | 905 |
| 6 B/R | 6,679 sqft | 19,000,000 | 31,312,500 | 2,812 | 6 |
| 5 B/R | 6,175 sqft | 22,212,444 | 30,730,349 | 3,973 | 14 |
| 4 B/R | 5,176 sqft | 24,000,000 | 20,939,108 | 4,381 | 86 |
Over the last 12 months, 1,381 completed homes changed hands in Downtown Dubai at a median of AED 2,900,000 — AED 2,515 a square foot, up 0% on the year before. Off-plan launches sit beside that figure, not inside it: 897 in the last year at AED 3,815 a square foot.
Every Downtown Dubai building ranked by recorded price, and every sale as registered →
What it costs to rent
Every residential tenancy registered with Ejari in Downtown Dubai in the last twelve months. Annual rents, medians. A renewal is capped by the RERA index; a new lease is the market.
| Layout | Typical size | Median rent | New lease | Renewal | Contracts |
|---|---|---|---|---|---|
| Studio | 514 sqft | 72,000 | 70,000 | 75,000 | 641 |
| 1 B/R | 884 sqft | 115,000 | 115,000 | 115,000 | 4,041 |
| 2 B/R | 1,350 sqft | 175,000 | 180,000 | 170,100 | 3,420 |
| 3 B/R | 1,926 sqft | 280,000 | 295,000 | 270,000 | 1,050 |
| 4 B/R | 5,176 sqft | 1,300,000 | 1,400,000 | 1,300,000 | 55 |
9,214 tenancies were registered in Downtown Dubai in the last twelve months, 60% of them new leases. A one-bedroom let for a median AED 115,000 a year — AED 115,000 on a new lease against AED 115,000 on a renewal.
The full rental report — rents by year, and the buildings the register names →
What it returns
Recorded rent per square foot a year over what the same layouts sold for, in the same twelve months. Gross — before service charges and empty months.
| Layout | Rent per sq ft, a year | Resale per sq ft | Gross yield | Tenancies | Sales |
|---|---|---|---|---|---|
| Studio | 143 | 2,310 | 6.2% | 641 | 73 |
| 1 B/R | 128 | 2,316 | 5.5% | 4,041 | 503 |
| 2 B/R | 131 | 2,575 | 5.1% | 3,420 | 572 |
| 3 B/R | 146 | 3,007 | 4.9% | 1,050 | 195 |
| 4 B/R | 254 | 4,516 | 5.6% | 55 | 30 |
A one-bedroom in Downtown Dubai returns a gross 5.5% on the two registers — what tenants paid over what buyers paid, for the same layouts in the same year.
Where the market is moving
Over the ninety days to 19 October, by McCone Properties' count of the Land Department register, Burj Khalifa accounted for 29 of the 320 completed homes sold in Downtown Dubai.
| # | Building | Sales, 90 days | Against its usual pace | Median per sq ft |
|---|---|---|---|---|
| 1 | Burj Khalifa | 29 | 1.0× | 2,717 |
| 2 | Burj Crown | 14 | 1.1× | 2,333 |
| 3 | Imperial Avenue | 13 | 1.0× | 2,181 |
| 4 | Forte 1 | 12 | 1.0× | 2,792 |
| 5 | Burj Royale | 11 | 1.6× | 3,600 |
| 6 | Grande | 11 | 0.6× | 3,643 |
| 7 | The Address Residences Dubai Opera Tower 2 | 10 | 1.0× | 3,144 |
| 8 | The Dubai Mall Residences | 10 | 1.3× | 3,108 |
| 9 | The Address Residences Dubai Opera Tower 1 | 9 | 1.0× | 3,359 |
| 10 | BLVD Heights Tower 1 | 8 | 1.6× | 2,598 |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Pace is this window against the building’s own average ninety days over the year before. Buildings with fewer than five sales in the window are left out, and another 14 cleared that floor without making the ten. Damac Maison Dubai Mall Street (The Signature) (12 units on 4 days) registered in batches — a portfolio changing hands, not a market — and is left out above. 156 buildings in Downtown Dubai carry a recorded history, and each has its own page. Every one ranked by recorded price →
Every building
Every building with a page of its own, alphabetically — its registered prices, sizes and the year it was handed over wherever the Dubai Land Department has a sale on record, and our homes in it where it has none yet.
The best buildings in Downtown Dubai — every tower ranked by recorded price, with prices by layout →
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On the market · Downtown Dubai

AED 26,770,000
4 bath · 5,625 sqft · Duplex · Prime Layout · Panoramic Views

AED 8,700,000
4 bath · 1,865 sqft · 04 · Exclusive · Panoramic Burj & Fountain Views

AED 7,500,000
4 bath · 1,821 sqft · Panoramic Burj View · Sky Collection · View Now

AED 2,000,000/ year
5 bath · 5,300 sqft · Burj and Fountain View · 02 Layout · Ultra Luxury

AED 1,800,000/ year
6 bath · 7,454 sqft · Penthouse Luxury Furnished · Burj & Fountain View

AED 1,549,990/ year
5 bath · 5,176 sqft · Brand New · High Floor · Penthouse
All 89 for sale in Downtown Dubai →·All 219 for rent in Downtown Dubai →

Who to ask
Leasing
Aayush holds 33 of the 308 homes McCone is marketing in Downtown Dubai today, and hears about the rest before they reach a portal. Ask for Aayush at the desk.
Questions people ask
Downtown Dubai sits between Sheikh Zayed Road and Business Bay, with Financial Centre Road on one side and Al Khail Road beyond.
The Metro stations for Downtown Dubai are Burj Khalifa/Dubai Mall and Financial Centre on the Red Line.
By McCone Properties' count of the Dubai Land Department register, 1,381 completed homes changed hands in Downtown Dubai over the last 12 months at a median of AED 2,900,000 — AED 2,515 a square foot, up 0% on the year before. Off-plan launches are counted separately: 897 in the last year at a median AED 3,815 a square foot. Every figure is a registered transfer, not an asking price.
On McCone Properties' reading of the Land Department's sales register, completed two-bedroom homes in Downtown Dubai sold for a median AED 3,350,000 over the last three years — typically 1,337 sq ft, or AED 2,504 a square foot — across 2,373 recorded sales.
McCone Properties' count of Ejari contracts puts a one-bedroom in Downtown Dubai at a median AED 115,000 a year, across 4,041 registered in the last twelve months — AED 115,000 on a new lease against AED 115,000 on a renewal, which the RERA index caps.
McCone Properties' sum of the two registers puts the gross yield on a one-bedroom in Downtown Dubai at 5.5% — AED 128 of rent per square foot a year over the AED 2,316 a square foot the same layouts sold for, before service charges and empty months. It is measured on 4,041 tenancies and 503 sales, both registered at the DLD.
McCone Properties counts 156 buildings in Downtown Dubai with a sale history on the Land Department register. Each has its own page with every registered price, and 97 of them have enough recent resales to be ranked by price per square foot.
Of the 3,524 sales the Land Department registered in Downtown Dubai in 2025, McCone Properties counts 1,457 off-plan purchases from a developer and 2,067 resales of finished homes — a community with both markets running at once. The register has 43,837 sales for Downtown Dubai since 2007.
Over the ninety days to 19 October, by McCone Properties' count of the Land Department register, Burj Khalifa accounted for 29 of the 320 completed homes sold in Downtown Dubai.
New to renting or buying here? Ejari, the RERA rental index and the cost of buying, explained.