The Lofts Central Tower, Downtown Dubai
About The Lofts Central, Downtown Dubai
The Lofts Central Tower is one of the three blocks of the 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 entertainment spots and famous landmarks like Burj Khalifa, The Dubai Mall and The Dubai Fountain.
As the name suggests, The Lofts Central is the central tower of The Lofts complex and is shorter than the other two high-rises. This 32-storey residential building has 149 ready apartments in different layouts. The project completed in 2009 features studios, 1 and 2-bedroom apartments along with retail spaces on the podium. Like other residential projects, The Lofts by Emaar offers various lifestyle amenities. Besides excellent in-house facilities, one may find schools, supermarkets, medical care and other 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
- Type of building: Residential
- Location: Downtown Dubai
- Developer: Emaar
- Date of completion: 2009
- Number of floors: 32
- Number of units: 149
- Unit type: Studio, 1 and 2-bedroom apartments, 3-bed penthouses
- Type of Ownership: Freehold
- Amenities: Gym, open-air swimming pools, steam room, sauna, sports room, multi-purpose courts, private courtyards and manicured gardens
Facilities in The Lofts Central, Downtown Dubai
Each apartment gets one reserved spot. Those with more than one car 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 of the facility along with waste disposal service. One can also avail of shared wellness & recreational facilities.
Gym and Fitness Facilities
Residents must apply for membership to use 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.
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.
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 the intercom.
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's official website.
Apartment Types in The Lofts Central, Downtown Dubai
The Lofts Central Tower has 149 ready apartments in studio, 1, 2-bedroom configurations. You can also find 3-bed penthouses in the high-rise.
Studio Apartments in The Lofts Central Tower
Studio flats in the tower cover 678 sq. ft. These units have a bathroom, a balcony and a fully fitted kitchen.
1-Bedroom Apartments in The Lofts Central Tower
1-bedroom apartments in The Lofts Central Tower are available on levels 2 to 25. These units cover 903 sq. ft. to 912 sq. ft. You can find a master bedroom with an en-suite bathroom, a guest bathroom, a closed-style kitchen, a 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 and are typically built on level 26.
2-Bedroom Apartments in The Lofts Central Tower
2-bedroom apartments in The Lofts Central Tower cover 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 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 are the most popular unit types in the tower. 2-bedroom apartments are in the second position while 3-bedroom penthouses are the least popular apartment types.
Rental Trends in The Lofts Central, Downtown Dubai
- 1-bedroom apartments for rentcost around AED 75k to AED 120k
- Rents of 2-bedroom units range from AED 109k to AED 110k
Tenants can pay annual rents 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.
- Studio flats for sale in The Lofts Central are priced at AED 900k.
- 1-bedroom apartments for sale in The Lofts Central Tower will cost you around AED 1.2M to AED 1.32M.
- Prices of 2-bedroom apartments for sale start from AED 3.2M.
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 generate lucrative ROIs. 1-bedroom flats offer a 6.7% ROI, while two-bedroom apartments generate a 6.2% return on investment.
Transportation near The Lofts Central Tower
BUS STATIONS NEAR THE LOFTS CENTRAL TOWER
Bus stops are a short drive away from the high-rise. One can catch feeder bus 13, bus D03 and D03A at Dubai Mall Land Side A and D bus stop.
METRO STATIONS NEAR THE LOFTS CENTRAL TOWER
One popular option for transportation near The Lofts Central Tower is the Red Line of Dubai Metro. Burj Khalifa/ Dubai Mall Metro Station is the closest (4 minutes), while Business Bay 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:
- Caribou Coffee
- Loacker Cafe Dubai
- Reem Al Bawadi Restaurant and Cafe
- Bab Al Mansour
If you’re craving fancy food, head to any of the top 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 Central Tower is surrounded by the other two buildings in The Lofts Complex - The Lofts East Tower and The Lofts West Tower. One can spot Burj Vista Tower 1 and Burj Vista Tower 2 near the building.
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.
THINGS TO CONSIDER
The tower has apartments that are ready with complete fittings. However, the influx of cars and tourists in the area might make it less appealing to those who prefer to live in a quiet surroundings.