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Downtown Dubai

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 →

Median resale price
AED 2.90M
1,381 completed homes · the last 12 months
Mean AED 3.95M
Median per sq ft
AED 2,515
+0% on the year before
Mean AED 2,679
Median rent, 1 B/R
AED 115,000
a year · 4,041 tenancies in twelve months
Mean AED 117,339
Gross yield, 1 B/R
5.5%
recorded rent over recorded resale price
Address Grand Downtown, Downtown Dubai, Dubai
Address Grand Downtown, Downtown Dubai — on the market with McCone

At a glance

Downtown Dubai in numbers

Made of
156 buildings with a recorded sale history
Sales on record
43,837 since 2007 — the latest registered 19 Oct 2026
Tenancies
9,214 registered with Ejari in the last twelve months — 60% new leases, 40% renewals
On the market
89 for sale · 219 for rent with McCone today
Metro
Burj Khalifa/Dubai Mall Red Line · Financial Centre Red Line
The name
Burj Khalifa on every deed — the register names the district for the tower — what Dubai’s area names mean
Across Dubai
Freehold areas — freehold, 98% of homes let
Most expensive areas — one-bed rents AED 115,000 a year, 6th dearest of 66
Best areas to live — by the metro
Studio apartments — studios rent for AED 73,000 a year, median
2 bedroom apartments — two-beds rent for AED 180,000 a year, median
Pet-friendly apartments for rent — landlords said yes on 23% of our listings here
1 bedroom apartments — one-beds rent for AED 115,000 a year, median
3 bedroom apartments — three-beds rent for AED 287,139 a year, median
Branded residences — branded towers resold at AED 3,801 a sq ft, 54% above the rest
Best residential buildings — IL Primo resells at AED 5,489 per sqft, 3rd dearest district of 67
Most expensive homes sold — the record here is AED 122m at Baccarat Residence T1, Apr 2026, off-plan
New buildings — 2 towers handed over in 2025; 19 still off-plan
Cheapest buildings — Burj Al Nujoom resells for AED 1,100,000, median, the cheapest of 57 ranked towers here
Property price index — resales +99% a sqft since 2020, 22nd of 51
Rental yields — a one-bed returns 5.6% gross on AED 115,000 a year, 36th of 46
Dubai rent prices — one-bed rents AED 115,000, −1% on the year
Who works it
Aayush Bhavesh Parekh — Leasing

The guide

Living in Downtown Dubai

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 place

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.

What you get

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.

Getting around

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.

Day to day

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.

Who it suits

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.

Buying and renting here

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.

Buildings to know

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

What Downtown Dubai sells for

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.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio522 sqft1,182,7501,288,0772,319358
1 B/R884 sqft1,950,0002,048,2572,1952,199
2 B/R1,337 sqft3,350,0003,630,9842,5042,373
3 B/R1,775 sqft5,400,0005,847,8553,001905
6 B/R6,679 sqft19,000,00031,312,5002,8126
5 B/R6,175 sqft22,212,44430,730,3493,97314
4 B/R5,176 sqft24,000,00020,939,1084,38186

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

What Downtown Dubai rents for

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.

LayoutTypical sizeMedian rentNew leaseRenewalContracts
Studio514 sqft72,00070,00075,000641
1 B/R884 sqft115,000115,000115,0004,041
2 B/R1,350 sqft175,000180,000170,1003,420
3 B/R1,926 sqft280,000295,000270,0001,050
4 B/R5,176 sqft1,300,0001,400,0001,300,00055

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

Gross yield in Downtown Dubai, by layout

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.

LayoutRent per sq ft, a yearResale per sq ftGross yieldTenanciesSales
Studio1432,3106.2%64173
1 B/R1282,3165.5%4,041503
2 B/R1312,5755.1%3,420572
3 B/R1463,0074.9%1,050195
4 B/R2544,5165.6%5530

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

The busiest buildings in Downtown Dubai

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.

#BuildingSales, 90 daysAgainst its usual paceMedian per sq ft
1Burj Khalifa291.0×2,717
2Burj Crown141.1×2,333
3Imperial Avenue131.0×2,181
4Forte 1121.0×2,792
5Burj Royale111.6×3,600
6Grande110.6×3,643
7The Address Residences Dubai Opera Tower 2101.0×3,144
8The Dubai Mall Residences101.3×3,108
9The Address Residences Dubai Opera Tower 191.0×3,359
10BLVD Heights Tower 181.6×2,598

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

All 156 buildings in Downtown Dubai

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 →

New buildings in Downtown Dubai — 2 in 2025, with what their first resales fetched against the off-plan price →

118 Downtown · 25Hours Heimat · 29 Burj Boulevard Podium · 29 Burj Boulevard Tower 1 · 29 Burj Boulevard Tower 2 · 8 Boulevard Walk · Act One · Act Two · Address Grand Downtown · Al Bahar Residences · Attareen Residences · AZHA Downtown Residences · Baccarat Residence T1 · Baccarat Residence T2 · Bahwan Tower Downtown · BD Standpoint A · BD Standpoint B · Bellevue Tower 1 · Bellevue Tower 2 · Binghatti Skyblade · BLVD Crescent Podium · BLVD Heights Podium · BLVD Heights Tower 1 · BLVD Heights Tower 2 · Boulevard Central Podium · Boulevard Central Tower 1 · Boulevard Central Tower 2 · Boulevard Crescent Tower 1 · Boulevard Crescent Tower 2 · Boulevard Point · Burj Al Nujoom · Burj Crown · Burj Khalifa · Burj Lake Hotel - The Address DownTown · Burj Royale · Burj Views A · Burj Views B · Burj Views C · Burj Views podium · Burj Vista Tower 1 · Burj Vista Tower 2 · City Center Residences · Claren Podium · Claren Tower 1 · Claren Tower 2 · Damac Maison Dubai Mall Street (The Signature) · Downtown Dubai One Residence · DT1 · Dunya Tower · Elegance Tower · Elite Downtown Residence · Elite Downtown Residence 1 · Elite Downtown Residence 2 · Emaar Square Building 1 · Exquisite Living Residences · Fairmont Residences Solara Tower · Forte 1 · Forte 2 · Grande · IL Primo · Imperial Avenue · Inaura Hotels & Residences · Kamoon 1 · Kamoon 2 · Kamoon 3 · Kamoon 4 · Kempinski BLVD · Kempinski Central Avenue · Mada Residences by ARTAR · Mercedes Benz Places by Binghatti · Miska 1 · Miska 2 · Miska 3 · Miska 4 · Miska 5 · Mon Reve · Opera Grand · Reehan 1 · Reehan 2 · Reehan 3 · Reehan 4 · Reehan 5 · Reehan 6 · Reehan 7 · Reehan 8 · Residences_E1 · Residences_E2 · Residences_E3 · Residences_W1 · Residences_W3 · Residences_West Poduim · Rixos Financial Center Road Dubai Residences · Roda Al Murooj · Rove Home Downtown · RP Heights · Society House · Sofitel Residences Downtown · South Ridge 1 · South Ridge 2 · South Ridge 3 · South Ridge 4 · South Ridge 5 · South Ridge 6 · Standpoint Tower 1 · Standpoint Tower 2 · Tajer Residences · The Address Residence Fountain Views 1 · The Address Residence Fountain Views 2 · The Address Residence Fountain Views 3 · The Address Residences Dubai Opera Tower 1 · The Address Residences Dubai Opera Tower 2 · The Address Sky View Sky Collection Tower 1 · The Address Sky View Tower 1 · The Address Sky View Tower 2 · The Dubai Mall Residences · The Lofts Central · The Lofts East · The Lofts Podium · The Lofts West · The Residence | Burj Khalifa · The Residences 3 · The Residences 4 · The Residences 5 · The Residences 7 · The Residences 8 · The Residences 9 · The Residences East Podium · The Residences II - Boulevard Villas · The Residences II - Tower 1 · The Residences II - Tower 2 · The Residences II - Tower 3 · The Residences West Podium · The St. Regis Residences - Tower 1 · The St. Regis Residences - Tower 2 · Vida Dubai Mall Tower 1 · Vida Dubai Mall Tower 2 · Vida Residence Downtown · Volta · Yansoon 1 · Yansoon 2 · Yansoon 3 · Yansoon 4 · Yansoon 5 · Yansoon 6 · Yansoon 7 · Yansoon 8 · Yansoon 9 · Zaafaran 1 · Zaafaran 2 · Zaafaran 3 · Zaafaran 4 · Zaafaran 5 · Zanzebeel 1 · Zanzebeel 2 · Zanzebeel 3 · Zanzebeel 4

Aayush Bhavesh Parekh

Who to ask

Aayush Bhavesh Parekh

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.

More about Aayush →

Questions people ask

Downtown Dubai, answered

Where is Downtown Dubai?

Downtown Dubai sits between Sheikh Zayed Road and Business Bay, with Financial Centre Road on one side and Al Khail Road beyond.

What is the nearest Metro station to Downtown Dubai?

The Metro stations for Downtown Dubai are Burj Khalifa/Dubai Mall and Financial Centre on the Red Line.

How much does it cost to buy in Downtown Dubai?

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.

How much is a two-bedroom in Downtown Dubai?

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.

What does a one-bedroom rent for in Downtown Dubai?

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.

What is the rental yield in Downtown Dubai?

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.

How many buildings are there in Downtown Dubai?

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.

Is Downtown Dubai still being built?

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.

Which buildings in Downtown Dubai are selling right now?

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.

Where these numbers come from. Sale prices are the Dubai Land Department’s transaction register, read from the Dubai Data Exchange — what buyers actually paid, recorded at transfer. Mortgage registrations, gifts and developers’ own filings are excluded, and medians are used so one unusual sale cannot move the number. Rents are Ejari contracts from the same department, read from the community’s DLD area, new leases and renewals never blended. Sales through 19 Oct 2026 · Rents through 21 Oct 2026.