Apartments for sale in Old Town

Real estate in Old Town is considered as one of the best developments in terms of lifestyle and infrastructure. Within the ultramodern jungle of construction, Old Town stands out due to its notable architectural features which are rarely seen in Dubai property nowadays. Stretching along the famous Sheikh Zayed Road, which also touches the newer developments such as the Dubai Marina, Old Town is a unique residential community which stands out from the wondrous sky-high buildings which now define Dubai.

Types of Apartments in Old Town

Old Town has a vast and versatile collection of more than 1,500 residential units which include apartment buildings, mid-rise buildings and even a few luxurious penthouses. If you want to buy an apartment in Old Town then you have the choice of 1, 2 and 3-bedrooms flats. The overall average area range of all residential units in this development is between 660 sq. ft. and 2,550 sq. ft. for a 1-bedroom apartment, the approximate area lies between 770 sq. ft. and 1,500 sq. ft. while the area range for 2-bedroom apartments shift between 1,300 sq. ft. to over 2,500 sq. ft. Similarly, the size for a 3-bedroom flat here is between the average values of 1,700 sq. ft. and 3,000 sq. ft. The apartments for sale in Old Town are established in an earthy setting that is mostly inspired by its remarkable landscapes.

Sale Price Trends for Apartments in Old Town

The apartments in Old Town are in high demand because of their structural uniqueness. The price trend for buying property in Old Town is also dependent upon the location of the apartments, which are divided into six quarters. The cost of a 1-bedroom apartment for sale in Old Town is between an estimated range of AED 1,000,000 and AED 2,500,000. The Arabian grandeur which is reflected in these 2-bedroom apartments would cost you an initial average of AED 1,650,000 and that can easily glide over AED 5,000,000. For 3-bedroom units, the buying price starts from AED 2,750,000 and can go up to AED 9,000,000.

Lifestyle in Old Town

Even though the setting of Old Town can give off a vintage look but the lifestyle is as happening as it is in most parts of Dubai. The best part about living in Old Town is the traditional charm which always presents itself in the form of architectural features and attractive entertainment destinations.  Amenities such as access to nearby coffee shops, restaurants, relaxation centres, entertainment facilities, swimming pools, steam rooms, sauna and children play areas are also available in Old Town. Moreover, one of the biggest shopping destinations in the world, The Dubai Mall, is just around the corner. As a resident of Old Town, you can also enjoy having access to facilities like The Palace Downtown Dubai, Vida Downtown Dubai, and the amazing Opera District.

Reasons for Investing in Old Town

Who wouldn’t want to invest in the city which houses the tallest building in the world? Buying an apartment in Old Town would put you right in the middle of everything that makes Dubai exciting. The opportunities and facilities in this city are limitless, making it one of the best places to invest in. Old Town is surrounded not only by rich culture and entertainment facilities but is also the centre for business. The neighbourhood is also located close to the Dubai International Convention Centre whereas incredible localities like the Business Bay and DIFC are also at a reasonable distance.