
AED 26,770,000
Duplex | Prime Layout | Panoramic Views
Address Grand Downtown · 3 bed · 4 bath · 5,625 sqft
Dubai area guides › Community
A guide to living in Downtown Dubai, Dubai — what it sells for, what it rents for, the buildings, and who to ask. Every figure is drawn from the Dubai Land Department’s registers: sales through September 2026, rents through September 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 →

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 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 | 1,195,000 | 1,281,841 | 2,332 | 364 |
| 1 B/R | 884 sqft | 1,950,000 | 2,028,231 | 2,176 | 2,294 |
| 2 B/R | 1,348 sqft | 3,300,000 | 3,593,223 | 2,471 | 2,459 |
| 3 B/R | 1,766 sqft | 5,400,000 | 5,823,045 | 3,000 | 929 |
| 6 B/R | 6,679 sqft | 19,000,000 | 31,312,500 | 2,812 | 6 |
| 5 B/R | 6,175 sqft | 20,924,888 | 29,421,659 | 3,891 | 15 |
| 4 B/R | 5,176 sqft | 23,500,000 | 20,827,739 | 4,330 | 87 |
Over the last 12 months, 1,428 completed homes changed hands in Downtown Dubai at a median of AED 2,950,000 — AED 2,539 a square foot, up 2% on the year before. Off-plan launches sit beside that figure, not inside it: 1,075 in the last year at AED 3,819 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 | 73,500 | 72,000 | 75,000 | 617 |
| 1 B/R | 882 sqft | 115,000 | 115,000 | 115,000 | 4,039 |
| 2 B/R | 1,362 sqft | 180,000 | 185,000 | 172,000 | 3,426 |
| 3 B/R | 1,933 sqft | 286,650 | 300,000 | 270,000 | 1,043 |
| 4 B/R | 5,176 sqft | 1,350,000 | 1,100,000 | 1,650,000 | 57 |
9,190 tenancies were registered in Downtown Dubai in the last twelve months, 59% 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 | 145 | 2,324 | 6.2% | 617 | 71 |
| 1 B/R | 131 | 2,333 | 5.6% | 4,039 | 521 |
| 2 B/R | 133 | 2,591 | 5.1% | 3,426 | 583 |
| 3 B/R | 148 | 3,043 | 4.9% | 1,043 | 215 |
| 4 B/R | 290 | 4,415 | 6.6% | 57 | 29 |
A one-bedroom in Downtown Dubai returns a gross 5.6% 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 3 September, Burj Khalifa and Imperial Avenue accounted for 45 of the 309 completed homes sold in Downtown Dubai, Imperial Avenue above its usual pace.
| # | Building | Sales, 90 days | Against its usual pace | Median per sq ft |
|---|---|---|---|---|
| 1 | Burj Khalifa | 28 | 1.0× | 2,716 |
| 2 | Imperial Avenue | 17 | 1.5× | 2,181 |
| 3 | Burj Crown | 13 | 1.1× | 2,507 |
| 4 | Boulevard Point | 10 | 0.9× | 2,686 |
| 5 | Burj Royale | 10 | 1.3× | 3,369 |
| 6 | The Address Residences Dubai Opera Tower 2 | 10 | 0.9× | 3,364 |
| 7 | Opera Grand | 9 | 1.6× | 2,891 |
| 8 | Burj Vista Tower 1 | 8 | 0.8× | 2,166 |
| 9 | Damac Maison Dubai Mall Street (The Signature) | 8 | 1.0× | 1,277 |
| 10 | Forte 1 | 8 | 0.6× | 2,844 |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 3 Sept 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 10 cleared that floor without making the ten. 156 buildings in Downtown Dubai carry a recorded history, and each has its own page. Every one ranked by recorded price →
On the market · Downtown Dubai

AED 26,770,000
Address Grand Downtown · 3 bed · 4 bath · 5,625 sqft

AED 8,900,000
The Address Sky View Tower 1 · 3 bed · 4 bath · 2,020 sqft

AED 8,700,000
Grande · 3 bed · 4 bath · 1,865 sqft

AED 1,649,989/ year
Opera Grand · 5 bed · 7 bath · 7,454 sqft

AED 1,549,990/ year
IL Primo · 4 bed · 5 bath · 5,176 sqft

AED 1,500,000/ year
IL Primo · 4 bed · 6 bath · 5,176 sqft
All 82 for sale in Downtown Dubai →·All 185 for rent in Downtown Dubai →

Who to ask
Sales
Joshua holds 29 of the 267 homes McCone is marketing in Downtown Dubai today, and hears about the rest before they reach a portal. Ask for Joshua at the desk.
Questions people ask
Over the last 12 months, 1,428 completed homes changed hands in Downtown Dubai at a median of AED 2,950,000 — AED 2,539 a square foot, up 2% on the year before. Off-plan launches are counted separately: 1,075 in the last year at a median AED 3,819 a square foot. Every figure is a transfer registered at the Dubai Land Department, not an asking price.
Completed two-bedroom homes in Downtown Dubai sold for a median AED 3,300,000 over the last three years — typically 1,348 sq ft, or AED 2,471 a square foot — across 2,459 recorded sales.
A one-bedroom in Downtown Dubai let for a median AED 115,000 a year across 4,039 Ejari contracts 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.
A one-bedroom in Downtown Dubai returns a gross 5.6% — AED 131 of rent per square foot a year over the AED 2,333 a square foot the same layouts sold for, before service charges and empty months. It is measured on 4,039 tenancies and 521 sales, both registered at the DLD.
156 buildings in Downtown Dubai carry a recorded sale history. Each has its own page with every registered price, and 98 of them have enough recent resales to be ranked by price per square foot.
Of the 3,524 sales registered in Downtown Dubai in 2025, 1,457 were off-plan purchases from a developer and 2,067 were resales of finished homes — a community with both markets running at once. The register has 43,638 sales for Downtown Dubai since 2007.
Over the ninety days to 3 September, Burj Khalifa and Imperial Avenue accounted for 45 of the 309 completed homes sold in Downtown Dubai, Imperial Avenue above its usual pace.