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Downtown Views II in Za'abeel 2 - 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 Views II

RoomsSize, sqmSale price, AED/sqmSale price, AED
210134,0573,450,000
315129,7744,500,000
424237,3359,050,000

Sales prices for completed properties in Downtown Views II

RoomsSize, sqmSale price, AED/sqmSale price, AED
16928,2081,950,000
210927,7343,025,000
315129,7584,500,000

Rents in Downtown Views II

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1691,705117,275
21071,702182,686
31621,627262,700
42512,002502,500

The cap rate (rental yield) of investments into Downtown Views II project is 5.5% on average.

The price of an apartment in Downtown Views II is 31,277 AED/sqm on average.

Price for off-plan 2 bedroom apartment in Downtown Views II is 3,450,000 AED or 34,057 AED/sqm.
Price for off-plan 3 bedroom apartment in Downtown Views II is 4,500,000 AED or 29,774 AED/sqm.
Price for off-plan 4 bedroom apartment in Downtown Views II is 9,050,000 AED or 37,335 AED/sqm.

Price for completed 1 bedroom apartment in Downtown Views II is 1,950,000 AED or 28,208 AED/sqm.
Price for completed 2 bedroom apartment in Downtown Views II is 3,025,000 AED or 27,734 AED/sqm.
Price for completed 3 bedroom apartment in Downtown Views II is 4,500,000 AED or 29,758 AED/sqm.

Rent in Downtown Views II is 29,758 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Downtown Views II is 117,275 AED or 1,705 AED/sqm.
Rent for 2 bedroom apartment in Downtown Views II is 182,686 AED or 1,702 AED/sqm.
Rent for 3 bedroom apartment in Downtown Views II is 262,700 AED or 1,627 AED/sqm.
Rent for 4 bedroom apartment in Downtown Views II is 502,500 AED or 2,002 AED/sqm.

About Downtown Views II

'Downtown Views II' in 'Za'abeel 2' area project description

Downtown Views II is a residential development located in the heart of Dubai, in the Downtown Dubai district. The project is developed by Emaar Properties, one of the leading real estate developers in the UAE. The project is a part of the larger Downtown Dubai district, which is a vibrant and modern area that is home to some of the city’s most iconic landmarks, including the Burj Khalifa, the world’s tallest building.

Downtown Views II is a luxurious residential development that offers a selection of 1, 2, 3, and 4-bedroom apartments, as well as duplexes and penthouses. All of the apartments are designed to the highest standards, with modern interiors and high-end finishes. The apartments feature floor-to-ceiling windows that offer stunning views of the city skyline and the Burj Khalifa.

The development also features a range of amenities and facilities for residents to enjoy. These include a fully-equipped gym, a swimming pool, a children’s play area, and a range of retail outlets. Residents can also take advantage of the 24-hour concierge service and the secure underground parking.

The development is conveniently located close to some of the city’s best attractions, including the Dubai Mall, the Dubai Fountain, and the Dubai Opera. The area is also home to a range of restaurants, cafes, and bars, as well as a selection of luxury hotels.

Downtown Views II is a luxurious residential development that offers residents a range of modern apartments, as well as a range of amenities and facilities. The development is conveniently located close to some of the city’s best attractions, making it an ideal place to live for those looking for a modern and vibrant lifestyle in the heart of Dubai.

Q&A on Downtown Views II

What are the advantages of 'Downtown Views II' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Located in the heart of Za'abeel, Downtown Views II is close to iconic landmarks such as the Burj Khalifa, Dubai Mall, and Dubai Opera. This central location enhances the property's value and offers easy access to key areas of the city.

2. Luxurious Amenities: The project features high-end amenities including swimming pools, state-of-the-art fitness centers, children's play areas, and landscaped gardens, providing a high quality of life.

3. High Potential for Appreciation: Being in a prime location and a part of Emaar's portfolio, the property's value is likely to appreciate over time, making it a good investment.

4. View and Design: The units offer panoramic views of the Downtown Dubai skyline, which includes landmarks like the Burj Khalifa and Dubai Fountain. The high-end architectural design adds to the property's prestige.

5. Developer's Reputation: Emaar Properties is a well-known and trusted developer in Dubai, ensuring high-quality construction and timely delivery.

6. Access to Transportation: Proximity to major highways, metro stations, and public transportation options makes commuting convenient.

7. Rental Demand: Due to its prime location and amenities, properties in Downtown Views II can attract high rental demand, offering potentially good rental yields.

Disadvantages:

1. High Cost: Properties in Downtown Views II can be considerably expensive due to their location and luxury features, making them less accessible for budget-conscious buyers.

2. Traffic Congestion: Being in a bustling area like Downtown Dubai, traffic congestion can be a significant issue, particularly during peak hours.

3. Service Charges: Maintaining high-end amenities comes with higher service and maintenance charges, which can add to the monthly expenses for property owners.

4. Noise Pollution: The central location may result in higher noise levels from traffic and nearby construction activities, which may not appeal to all residents.

5. Limited Privacy: High-density living often translates to less privacy, especially in high-rise towers.

6. Market Volatility: The Dubai real estate market can be subject to fluctuations, and investing in high-end property may come with risks if the market experiences a downturn.

What projects are better than 'Downtown Views II' project in Dubai which are located close by, and why?

- Burj Khalifa Residences
Superior due to iconic status, unparalleled views, world-class amenities, and direct access to The Dubai Mall. Proximity to dining, entertainment, and cultural attractions adds to its appeal.

- The Address Sky View
Offers luxurious serviced apartments, full hotel services, and exclusive amenities. The sky bridge with an infinity pool provides spectacular views, making it a unique living experience.

- Opera Grand
Situated near Dubai Opera, offering cultural and entertainment options. Luxury apartments with high-end finishes and stunning views of the Burj Khalifa and fountains.

- Forte Towers
Located in The Opera District, offers residency amidst cultural landmarks. With sophisticated design, high-end interiors, and access to fitness centers, pools, and retail spaces.

- Burj Vista
Features dual towers with unmatched views of Burj Khalifa and The Dubai Fountain. Connected to Dubai Mall via an air-conditioned walkway, offering ease of access to world-class dining, shopping, and entertainment.

- BLVD Heights
Known for its luxury living spaces and close proximity to business and leisure destinations. High-quality finishes, upscale facilities, and prime location on Mohammed Bin Rashid Boulevard.

- The Address Boulevard
Combines residential apartments with hotel services, providing top-tier amenities, including multiple pools, spas, and dining options. Proximity to DIFC and direct connection to The Dubai Mall.

- Emaar Residences at The Dubai Opera
High-quality residences situated within a vibrant cultural hub. Luxurious interiors, extensive amenities, and direct access make it a prime choice for upscale living.

- Il Primo
Offers ultra-luxurious apartments with extensive space and a focus on privacy. With large layouts and top-notch amenities, it's ideal for those seeking exclusivity and prestige.

- One Za'abeel
Innovative mixed-use development featuring residential, commercial, and hospitality components. Pioneering design with the iconic "The Link" sky bridge, providing a unique and futuristic living experience.

What are the closest schools to 'Downtown Views II' project in Dubai?

- Dubai Modern High School - Nad Al Sheba, approximately 7 km from Downtown Views II.
- GEMS Wellington Primary School - Al Satwa, roughly 5 km away.
- Dubai International School - Garhoud, about 10 km from the project.
- Jumeirah English Speaking School (JESS) - Arabian Ranches, approximately 15 km away.
- Hartland International School - Mohammed Bin Rashid City, around 6 km from Downtown Views II.

What are the closest medical clinics to 'Downtown Views II' project in Dubai?

1. Emirates Hospital Clinic – Business Bay
Location: Bay Avenue, Executive Towers, Business Bay, Dubai

2. Mediclinic Dubai Mall
Location: The Dubai Mall, Financial Center Road, Downtown Dubai, Dubai

3. Aster Clinic – Business Bay
Location: Burlington Tower, Business Bay, Dubai

4. Dr. Rami Hamed Center
Location: Building B, Dubai Healthcare City, Oud Metha, Dubai

5. Medcare Hospital – Al Safa
Location: Al Wasl Road, Jumeirah, Dubai




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