The Lofts Central Tower, Downtown Dubai
About The Lofts Central, Downtown Dubai
The Lofts Central Tower is one of the three blocks of the high-rise residential complex by Emaar. It is located in the central region of Downtown Dubai, an area famous for its stunning skyscrapers and diverse residential and commercial properties. Besides the proximity to major financial districts, Downtown Dubai has many leisure spots and famous landmarks like Burj Khalifa, Dubai Mall and Dubai Fountain – the major reasons the area is always busy and vibrant. Loft Central, Downtown Dubai is a few blocks away from all these attractions.
As the name suggests, The Lofts Central is the central tower of the complex and is shorter than the other two. This 32-storey residential building has 149 ready apartments in different sizes and layouts. The project completed in 2009 features studios, 1- and 2-bedroom apartments along with retail spaces on the podium. Like other residential projects, Emaar offers an array of lifestyle amenities in The Lofts as well. Apart from the in-house facilities, one may find schools, supermarkets, medical care and other basic amenities at a short driving distance. The Lofts Central Tower, Dubai is a popular accommodation choice offering a wide range of freehold properties.
IN A NUTSHELL
- The central block of The Lofts in Downtown Dubai
- Prime location, close to the buzzing financial and employment hub
- Emaar’s high-end residential project launched in 2005
- Completed in 2009
- 34 floors with retail centre at the podium-level
- Covered parking in the basement
- 149 ready apartments for rent and sale
- Dubai Opera is 4 minutes away
- 2 minutes away from Burj Khalifa
- Easy access to Sheikh Zayed Road (E11)
Facilities in The Lofts Central, Downtown Dubai
Each apartment gets a reserved parking spot for one vehicle. Those with more than one cars can either park on the street or get additional space for parking in The Lofts Central Tower upon request.
There are multiple high-speed elevators in the building.
Security, Central Air-Conditioning and Maintenance Services
Security is backed by CCTV surveillance and apartment access is only allowed via a key-card.
Residents can sign-up for cleaning services and avail the facility along with waste disposal service. One can also avail shared wellness & recreational facilities and pay an annual maintenance fee of AED 21 per sq. ft.
Gym and Fitness Facilities
Prospective residents and guests must apply for membership to avail the fitness facilities including the well-equipped gym in The Lofts Central Tower. Also, an outdoor pool is built on the deck offering panoramic views of the city. One can also relax in the sauna room and enjoy a steam bath.
There’s a multi-purpose room for indoor games and a sports court where you can play squash or tennis. A covered play area for kids is built at the ground level. There are manicured lawns with tracks and jogging trails. Kids can also ride bikes and play around.
Concierge and Guest Services
24-hour desk help and concierge service are available in the lobby. The buildings are cleaned and maintained by trained staff. Also, guests can wait in the well-maintained lobby until residents are informed by intercom. There’s an uninterrupted supply of basic utilities including a proper gas connection, broadband internet and satellite TV cable.
The Lofts Central Tower Floor Plans
Residential units in the Loft Central, Downtown Dubai have diverse configurations.
- 1-bedroom apartments in The Lofts Central Tower consist of six different unit types
- 2-bedroom apartments in The Lofts Central Tower consist of one unit type
- 3-bedroom penthouses in The Lofts Central Tower consist of one unit type
Floor plans for The Lofts Central Tower are available on Bayut. You can consider checking the design first before planning to move-in.
Apartment Types in The Lofts Central, Downtown Dubai
The tower houses 763 residential units divided into 1, 2 and 3-bedroom apartments. There are also 4-bedroom penthouses offering luxurious amenities and facilities.
1-Bedroom Apartments in The Lofts Central Tower
1-bedroom apartments in The Lofts Central Tower consist of six different unit types - Suite 1, Suite 2, Suite 3, Suite 4, Suite 5 and Suite 6. The standard bed-type on levels 2 to 25 vary from 903 sq. ft. to 912 sq. ft. It includes a master bedroom with an en-suite bathroom, a guest bathroom, a closed-kitchen, living area and a balcony.
Smaller 1-bed flats have covered areas ranging from 715 sq. ft. to 996 sq. ft. The only difference is these units do not have a guest bathroom. Some 1-bed flats have a larger covered area of around 1,326 sq. ft. These units have a separate dining space in the living area, a study room, and two balconies. These are typically built on level 26.
2-Bedroom Apartments in The Lofts Central Tower
2-bedroom apartments in The Lofts Central Tower consist of one type of floor plan - Suite 2. The covered area for these units range from 1,397 sq. ft. to 1,465 sq. ft. These apartments feature two bedrooms, en-suite bathrooms, a guest bathroom, a balcony, a modern kitchen and a living hall. Some 2-bed units on level two have covered areas of 1,386 sq. ft. and consist of two balconies.
Penthouses in The Lofts Central Tower
3-bedroom penthouses in The Lofts Central Tower, Downtown Dubai have one type of floor plan - Suite 2. These units cover half the floor and look nothing less than a private home.
Most Popular Apartment Types in The Lofts Central Tower
Based on searches conducted by users on Bayut.com over the past 6 months
According to searches on Bayut, 1-bedroom apartments top the list with 63.5% views. 2-bedroom apartments are at 26.7% while 3-bedroom penthouse only received 9.8% views.
Rental Trends in The Lofts Central, Downtown Dubai
- 1-bedroom apartments for rentcost around AED 80k to AED 95k
- Rents of 2-bedroom units range between AED 120k to AED 135k.
For tenants’ convenience, annual rents can be paid via multiple cheques. The standard number of cheques is four to six. However, some apartments have more flexible payment plans involving six to twelve cheques. It is recommended to check with your realtor beforehand.
Sale Trends in The Lofts Central, Downtown Dubai
Buying apartments for sale in The Lofts Central Tower can be a valuable investment.
- 1-bedroom apartment in The Lofts Central Tower will cost you around AED 1.1M to AED 1.34M.
- Prices of 2-bedroom apartments for sale start from AED 1.7M and may increase to AED 2M.
On the other hand, since penthouses are lesser in number and greater in size, these can cost slightly higher than the rest of the properties. One can compare the prices with other apartments for sale in Downtown Dubai.
Rental Yield in The Lofts Central Tower
Based on searches conducted by users on Bayut.com over the past 6 months
Both one and two-bed apartments generated a high yield on investment. 1-bedroom flats offer 6.7% while two-bedroom apartments have 6.2% returns on investment.
Transportation near The Lofts Central Tower
BUS STATIONS NEAR THE LOFTS CENTRAL TOWER
Bus stops are a short drive away. One can catch feeder bus 13, bus D03 and D03A at Dubai Mall Land Side A and D. Mazaya Center, Safam Dubai Electricity and Water Authority 2, and Safa Safest Way 1 are also close-by.
METRO STATIONS NEAR THE LOFTS CENTRAL TOWER
The more popular option for transportation near The Lofts Central Tower is the M1 metro line. Dubai Mall/Burj Khalifa Metro Station is the closest (4 minutes), while Business Bay and Financial Centre Metro Station are accessible in less than 10 minutes. These are the widely used modes of transportation near The Lofts Central while those with private cars can get easy access to Sheikh Zayed Road E11.
Restaurants near The Lofts Central Tower
You can grab a cup of coffee or meet friends to enjoy dessert and snacks at these cafes in the locality:
- Caribou Coffee
- Loacker Cafe Dubai
- Reem Al Bawadi Restaurant and Cafe
- Bab Al Mansour
If you’re craving for some fancy foodie moments, there are many fine dining restaurants in Downtown Dubai such as:
- Asado Restaurant
Other restaurants near The Lofts Central are Al Hallab Bab El Bahr (3 minutes), Reem Al Bawadi (3 minutes) and Tche Tche (1 minute).
Supermarkets near The Lofts Central Tower
There are many supermarkets near The Lofts Central within a mere 10-minute radius. These are:
- Zoom Mini-mart
- West Zone Fresh Supermarket
Several branches of Zoom and Spinneys are nearby and the closest ones are only 3 to 5 minutes away. Al Maya Supermarket is a local store across the street. The nearest Carrefour is 6 minutes away in Burj View Towers.
The Lofts has a prime location in Downtown Dubai. Notable landmarks in the vicinity include:
- Dubai Mall
- Burj Khalifa
- Dubai Fountain
- Burj Park
The building lies adjacent to Stand Point Tower at a short distance from Dubai Opera. It can also be easily accessed from Sheikh Zayed Road (E11) and Burj Khalifa Road. Being closer to two of the top favourite leisure points, Dubai Mall and Dubai Fountain, living in The Lofts Central Tower is a treat for extroverts.
THINGS TO CONSIDER
Since it is an old building, one may have to check for leakages before moving in. Otherwise, the apartments are ready with complete fittings.