Apartments for sale in Old Town

How many apartments are listed for sale in Old Town?

On Bayut, the number of currently listed flats to buy in Old Town is 146.

What are the top locations in Old Town for buying apartments?

For buyers and investors looking for apartments in Old Town, these are the most sought-after locations:

• Yansoon
• Reehan
• Zanzebeel

How much do the prices of an apartment for sale vary in Old Town?

As per the listings on Bayut, you can buy flats in Old Town within a budget of AED 1,950,000 to AED 15,000,000.

How much do apartments cost on average in Old Town?

According to the last 6 months' listings on Bayut, a flat for sale in Old Town has an average asking price of around AED 3,835,693. These asking prices may vary depending on the property size, type, condition, etc.

Has the average asking sale price changed for flats in Old Town?

The average asking price for apartments has witnessed a change of +6%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments near Old Town?

You can explore the following areas to purchase an apartment near Old Town:

• Business Bay
• Za'abeel
• Sheikh Zayed Road

Are there any good schools near Old Town?

If you are seeking top schools near Old Town, here's what is recommended:

• GEMS Wellington Primary School
• JSS Private School
• GEMS Our Own Indian School

Are there any nurseries close to Old Town?

Here's what you can find among the top nurseries:

• Blossom Nursery Downtown Dubai
• Jumeirah International Nursery Downtown
• Toddler Town Downtown Dubai

How much ROI do apartments in Old Town generate?

Investors can earn up to 5.90% return on investment in Old Town. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

Which leading real estate agencies are there in Old Town?

Agencies with the most listings of flats for sale include the following:

• Allsopp & Allsopp - Business Bay Sales
• Luxfolio Real Estate
• Strada Real Estate

How many sale transactions were recorded for apartments in Old Town?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in Old Town is 172.

What is the average cost of an apartment sold in Old Town?

According to DLD’s transactional data, apartments in Old Town have sold at an average price of AED 2,675,824. Prices may go above or below the average depending on the apartment’s size, type, and location.

Did prices for an apartment in Old Town experience any changes?

The prices of apartments in Old Town reflect a change of +8% over the past 6 months. The change can be attributed to the prevailing market conditions.