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Property Makler
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Dubai, UAE US |
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Downtown Residences in Business Bay - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Downtown Residences
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 1 | 80 | 28,973 | 2,324,714 |
| 2 | 132 | 30,579 | 4,048,951 |
| 3 | 204 | 31,826 | 6,503,590 |
The price of an apartment in Downtown Residences is 30,150 AED/sqm on average.
Price for off-plan 1 bedroom apartment in Downtown Residences is 2,324,714 AED or 28,973 AED/sqm.
Price for off-plan 2 bedroom apartment in Downtown Residences is 4,048,951 AED or 30,579 AED/sqm.
Price for off-plan 3 bedroom apartment in Downtown Residences is 6,503,590 AED or 31,826 AED/sqm.
About Downtown Residences
'Downtown Residences' in 'Business Bay' area project description
Downtown Residences is a 110-storey residential tower developed by Deyaar Development in Dubai's Business Bay district. Standing at 445 metres, it features 522 units including one- to three-bedroom apartments, duplexes, penthouses, and an exclusive Royal Palace at the summit, all offering 180-degree panoramic views.
Construction began in early 2026 following a ground-breaking ceremony, with completion scheduled for the fourth quarter of 2030. The project emphasizes premium architecture with interior designs using high-quality materials and finishes that maximize natural light. Its layout distributes over 75,000 square feet of amenities across dedicated lifestyle floors, creating vertical living zones.
Key amenities include Dynamic Avenue on lower levels with playrooms, multi-function lounges, kids' creative havens, and curated social retreats. The Sensory Oasis midway up offers floating gardens, air yoga zones, AI meditation pods, an invisible spa, and fitness spaces. At the 100th storey, Summit Society provides dining concepts, lounges, a screening room, and Legacy Lounge. A residents' club features AI-powered workspaces, private executive pods, and networking hubs.
Strategically located at the junction of Sheikh Zayed Road, Downtown Dubai, and Business Bay, the tower ensures seamless connectivity. Residents access Al Khail Road for quick travel, Business Bay Metro Station within a short walk, and DIFC or Dubai World Trade Centre in minutes. Dubai International Airport is 15 minutes away by car. To reach the beach, drive 10-15 minutes via Sheikh Zayed Road to Jumeirah Beach or take the metro from Business Bay station to World Trade Centre (two stops), then transfer to the tram for Dubai Marina beaches, totaling about 25-30 minutes.
Nearby projects include Bayz101 by Danube Properties (101 floors, Business Bay), Burj Binghatti Jacob & Co Residences (over 100 storeys), Peninsula Three and Four, V-Suites, Jumeirah Living Business Bay, Chic Tower by de Grisogono, and VYB, all contributing to Business Bay's dense skyline of over 66 towers under construction.
The development stands out in Business Bay's mature mixed-use environment, blending residential luxury with proximity to commercial hubs and enhanced by its height, positioning it among Dubai's tallest residential structures upon completion.
Downtown Residences is a 110-storey residential tower developed by Deyaar Development in Dubai's Business Bay district. Standing at 445 metres, it features 522 units including one- to three-bedroom apartments, duplexes, penthouses, and an exclusive Royal Palace at the summit, all offering 180-degree panoramic views.
Construction began in early 2026 following a ground-breaking ceremony, with completion scheduled for the fourth quarter of 2030. The project emphasizes premium architecture with interior designs using high-quality materials and finishes that maximize natural light. Its layout distributes over 75,000 square feet of amenities across dedicated lifestyle floors, creating vertical living zones.
Key amenities include Dynamic Avenue on lower levels with playrooms, multi-function lounges, kids' creative havens, and curated social retreats. The Sensory Oasis midway up offers floating gardens, air yoga zones, AI meditation pods, an invisible spa, and fitness spaces. At the 100th storey, Summit Society provides dining concepts, lounges, a screening room, and Legacy Lounge. A residents' club features AI-powered workspaces, private executive pods, and networking hubs.
Strategically located at the junction of Sheikh Zayed Road, Downtown Dubai, and Business Bay, the tower ensures seamless connectivity. Residents access Al Khail Road for quick travel, Business Bay Metro Station within a short walk, and DIFC or Dubai World Trade Centre in minutes. Dubai International Airport is 15 minutes away by car. To reach the beach, drive 10-15 minutes via Sheikh Zayed Road to Jumeirah Beach or take the metro from Business Bay station to World Trade Centre (two stops), then transfer to the tram for Dubai Marina beaches, totaling about 25-30 minutes.
Nearby projects include Bayz101 by Danube Properties (101 floors, Business Bay), Burj Binghatti Jacob & Co Residences (over 100 storeys), Peninsula Three and Four, V-Suites, Jumeirah Living Business Bay, Chic Tower by de Grisogono, and VYB, all contributing to Business Bay's dense skyline of over 66 towers under construction.
The development stands out in Business Bay's mature mixed-use environment, blending residential luxury with proximity to commercial hubs and enhanced by its height, positioning it among Dubai's tallest residential structures upon completion.
Q&A on Downtown Residences
What are the advantages of 'Downtown Residences' project in Dubai for property buyers? What are the disadvantages?Downtown Residences in Business Bay, Dubai, offers strong investment potential due to its prime location, extensive amenities, and luxury features in a high-demand area.
### Advantages for Property Buyers
- Strategic central location at the junction of Sheikh Zayed Road, Downtown Dubai, and Business Bay, with walking distance to Business Bay Metro Station and minutes from Burj Khalifa, Dubai Mall, DIFC, and Dubai International Airport.
- Premium high-rise tower rising 445 meters across 110-111 storeys, featuring panoramic views of Downtown Dubai, Burj Khalifa, Sheikh Zayed Road, and Arabian Gulf.
- Diverse unit options including 432 exclusive 1-3 bedroom apartments (764-2,203 sq ft), 76 duplexes (1,410-3,451 sq ft), 13 penthouses (4,740-5,540 sq ft), and 1 Royal Palace (up to 18,330 sq ft).
- Over 75,000 sq ft of amenities across six vertical lifestyle floors, including infinity pools with cabanas, fitness center, yoga zones, kids play areas (indoor/outdoor with Montessori corner), family lounges, BBQ areas, co-working spaces, open-air cinema, observatory deck, concierge, valet parking, and double-height lobby.
- Luxury lifestyle features with modern interiors, premium materials emphasizing natural light, family-friendly spaces, wellness zones, and 24/7 security.
- Excellent connectivity via major roads like Al Khail Road for quick access to business hubs, shopping, dining, beaches, schools, and healthcare.
- Off-plan status with construction underway, positioning it among Dubai's top 10 tallest residential projects.
### Disadvantages
- Long handover timeline scheduled for Q4-December 2029, requiring extended commitment.
- High-rise density in a bustling Business Bay area, potentially leading to construction noise, traffic congestion, and urban density during development.
- Limited transparency on twin-tower details, with some sources describing a single tower and others mentioning twin towers, which may affect final community scale.
What projects are better than 'Downtown Residences' project in Dubai which are located close by, and why?
VELA and VELA Viento by OMNIYAT outperform Downtown Residences in Business Bay due to superior ultra-luxury features and waterfront positioning.
VELA key advantages:
- Canalfront location 50m to water, closer than typical Business Bay projects.
- Luxury apartments and penthouses with spacious layouts.
- Fully integrated premium amenities and distinctive architectural design.
- Completion Q4 2026.
VELA Viento key advantages:
- Open canal views for enhanced lifestyle.
- Modern architectural style by OMNIYAT, known for world-class design.
- Waterfront integration in Marasi Bay hub with residences, offices, marina.
- Completion aligned with 2026 off-plan timeline.
Comparison table:
| Project | Developer | Water Proximity | Key Superiority | Unit Types | Completion |
|---|---|---|---|---|---|
| VELA | OMNIYAT | 50m | Canalfront + integrated amenities | Apartments, penthouses | Q4 2026 |
| VELA Viento | OMNIYAT | Canalfront | Open views + iconic design | Luxury residences | 2026 |
To view all table columns, please open this table on a laptop or desktop screen.
Additional strong alternative: The Lana Residences by OMNIYAT.
- Limited-edition luxury with international hotel services.
- Direct waterfront in Marasi Bay, adjacent to Business Bay core.
- World-class hospitality living elevates daily experience.
What are the closest schools to 'Downtown Residences' project in Dubai?
| School Name | Curriculum | Location | Approximate Distance |
|---|---|---|---|
| Blossom Downtown Nursery | Nursery | Downtown Dubai | Within 5 km |
| Jumeirah International Nursery Downtown | Nursery | Downtown Dubai | Within 5 km |
| Dubai Centre for Special Needs | Special Needs | Near Business Bay | 1.6 km |
| Japanese School Dubai | Japanese | Near Business Bay | 1.6 km |
| Hartland International School | British | Nad Al Sheba | 2.2 km |
| North London Collegiate School Dubai | British | Sobha Hartland | 2.4 km |
| Clarion School | American | Al Quoz 1 | Within 5 km |
| Dubai International School | American/British | Al Quoz 1 | Within 5 km |
| Credence High School | Indian | Al Quoz | Within 5 km |
| GEMS Wellington Academy - Al Khail | British | Al Khail | Adjacent to Business Bay |
To view all table columns, please open this table on a laptop or desktop screen.
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