Properties for sale in Downtown Jebel Ali

With a paradigm shift that has come into Dubai's real estate market, there is a rise in the development of new freehold residential projects as well as the conversion of leasehold areas into freehold. Besides that, a 5.6% fall in the prices of property units of Dubai has also been observed. Among many real estates that have experienced these changes is the premier residential area of Downtown Jebel Ali. Located at the intersection of Techno Park and Jebel Ali Free Zone, Downtown Jebel Ali extends over 6.5 million sq. m. Consisting of four zones, Downtown Jebel Ali is developed by Limitless under the surveillance of Al Habtoor Leighton Group. Started in the year 2006 and completed in 2008, Downtown Jebel Ali provides easy access to Dubai's main thoroughfare, Sheikh Zayed Road.

Types of Properties in Downtown Jebel Ali

Consisting of 13 developed and under-developed buildings, including The Galleries (first project of the Limitless), The Signet (with 273 units and 17 floors), Suburbia (with over 17 units) and AZIZI Aura (more than 24 spaces), Downtown Jebel Ali ensures accommodation to 200,000 occupants. With residential and commercial properties ranging between 339 sq. ft. and 3,823 sq. ft., Downtown Jebel Ali contains studio flats, 1, 2 and 3-bedroom apartments, hotel flats and shops.

Sale Price Trends of Properties in Downtown Jebel Ali

In the last couple of years, Downtown Jebel Ali has reached a variety of milestones, such as the successful completion of the Zone 2 project with 90% development of Zone 3 and 70% construction of Zone 4 complete. Due to the construction of this 200-hectare mixed-use development, Downtown Jebel Ali can now accommodate more people in over 300 plots. If you are interested to buy a property in Downtown Jebel Ali, you have a variety of options to choose from, such as apartments, townhouses, offices and shops. If you have a nuclear or joint family, buying an apartment would be a good option for you. The price of apartments in Downtown Jebel Ali starts from AED 450,000 and goes up to AED 3,500,000.

Popular Areas of Downtown Jebel Ali

Within the community of Downtown Jebel Ali, lies Cultures, a Japanese and Continental Restaurant which works under the banner of Jackberrys LLC. It offers aromatic foods to its clientele. Being open from 8:30 am to 10:00 pm, the restaurant is a paradigm of gourmet excellence in Dubai. Lying in the vicinity of Jebel Ali, there is another famous fast food chain, Burger King, that offers fast food delicacies to the residents. Close to Interchange 6 for Jebel Ali lies Ibn Battuta Mall which covers an area of 521,000 sq. m., and is managed by Nakheel Properties. Drawing inspiration from Ibn Battuta, a 21-year-old man who explored China, India, Persia, Egypt, Andalusia and Tunisia, Ibn Battuta Mall has various stores, including Kiani, Max, Marks & Spencer and H & M. It also has various entertainment outlets, such as a 21-screen cinema, Fun City and Sing N Swing. To cater to the needs of those who love eating, Ibn Battuta Mall also has restaurants, such as Cinnabon, Leonidas, Barbecue Delights, Ichikura, Food 2 Go and Baskin Robbins.

Reasons for Investing in Downtown Jebel Ali

Downtown Jebel Ali is still under development and it is anticipated that within the next few years, it will be completely developed, providing more conveniences to the occupants dwelling there. Being one of those free zones in Dubai that have opened property ownership to both UAE and non-UAE nationals, Jebel Ali is a great community for both growing families and young professionals.