Cheap apartments and flats in Downtown Dubai
Downtown Dubai, formerly known as Downtown Burj Dubai, is the central district of the emirate in the UAE. Its infrastructure is growing quickly and is maintained in the best possible condition. There are plenty places of interest here including the Dubai Mall shopping complex and its dancing fountains. The Burj Khalifa, the world's tallest skyscraper, is built in Downtown Dubai. This place welcomes tourists from all over the world. There are a lot of luxury apartments, expensive hotels, and exclusive penthouses in the tower.
There are high housing prices in this area but you can still buy cheap apartments in Downtown Dubai because of its small residential facilities. If you are going to buy only cheap property for sale in Dubai, you should focus on single apartments in this area. There are also studios whose prices are approximately the level as 1-room flats.
Downtown Dubai is also appealing for investors. If you want to save money and make a profit, this quarter is the best solution for this. 1-room apartments and studios suggest a quick return on investment (ROI). This segment is interesting for both businessmen and immigrants. The profitability coefficient for small apartments exceeds 5%.
Apartment prices
If you are looking for cheap apartments for sale in Dubai, it is unlikely that this residential area will take first place in this rating. However, this does not mean that there are no cheap apartments in this emirate. If you are considering Downtown Dubai, you should focus on buying a small 1-room flat.
The cheapest apartments for sale in Downtown Dubai are located in the Burj Al Najoom residential complex. There are studios with a private balcony of 41 sq. m. The residential complex is equipped with underground parking. There is also a public swimming pool for residents.
You can also buy a cheap flat in Downtown Dubai in the residential quarter of Burj View. This modern house has 1-bedroom apartments with an area of 70 sq. m. The cost of renting such housing is approximately AED 75,000per year. Burj View will allow you to enjoy a stunning view of the city and water.
On average, you will need less than AED 1,000,000to invest in an apartment in Downtown Dubai. In this case, you will be able to buy an excellent spacious studio. A large apartment that has a separate living and bedroom will cost AED 1,400,000.
If you intend to invest in such a property, it is important to understand that this residential sector is an area of unconditional ownership. The purchased housing will be yours and in the future, you will be able to rent, resell, or donate the property.
Buy cheap flats in Downtown Dubai, UAE
If you are looking for cheap apartments in Dubai, our agency is ready to provide you with professional assistance. Specialists are engaged in the search and selection of flats in the UAE. Our databases are updated daily so we always have information about the most affordable properties. We will tell you what is better to invest in, help with the paperwork, and, if necessary, assist with your transaction.
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