Properties for sale in Old Town

Considered as one of the best residential developments in Dubai, Old Town, which is also known as the original Dubai, offers a variety of real estate options for sale and rent. Even though the area is still under construction, the properties in Old Town offer noticeable architectural features and an amazing infrastructure. Being just a few minutes away from the famous Dubai Marina, this recent development is stretched alongside the popular Sheikh Zayed Road. Located right beside the well-known Sky-High towers, the real estate in Old Town has become a hotspot for people who are looking to invest in Dubai.

Types of Properties in Old Town

Old Town offers a number of residential and commercial properties - from well-designed apartments and penthouses to offices, Old Town has it all. The apartments offer a large terrace offering you a clear view of the neighbourhood. Being right in front of the famous Burj Khalifa, you will get a clear view of the tallest building of the world from the windows of these commercial flats. One will also find a fitted kitchen, a spacious lounge, attached baths along with two parking spots. Other facilities like a shared swimming pool, a secure play area for children, 24/7 concierge, central air-cooling and heating system are also available. When it comes to commercial properties, Old Town has a number of offices available for sale. These offices are often fully fitted and come with 9 parking spots. Other places like Souq Al Bahar and Dubai Mall are also just a short distance from these properties.

Sale Price Trend for Properties in Old Town

If you’re looking to buy a property in Old Town, there are numerous 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom flats available. The sale price of a 1-bedroom unit in Old Town ranges from AED 1,195,000 to AED 2,500,000. Similarly, the price of 2 to 3-bed apartments ranges from AED 1,574,666 to AED 9,000,000. A 4-bed unit can be bought for an average of AED 5,899,688 to AED 7,500,000. If you’re looking for a penthouse in Old Town, it will cost you anywhere between AED 6,000,000 to AED 6,400,000. However, a commercial office in Old Town can be purchased within the range of AED 8,500,000 to AED 10,500,000. The price trends of these properties often change depending on the Dubai real estate market.

Popular Areas of Old Town

Surrounded by earthy landscapes and magnificent green gardens, Old Town is filled with thrilling tourist destinations that you can visit. A traditional Arabian marketplace that is famous for its cheap jewellery, a saltwater creek called Dubai Creek, an Arabic village filled with historic artefacts called Dubai Heritage Village and the oldest building in Dubai known as Dubai Museum are all situated in close proximity to Old Town. Filled with a number of great outing spots and amenities, Old Town is a decent place to consider if you want to relocate or are simply looking to invest in the real estate of Dubai.

Reasons for Investing in Old Town

Despite the fact that Old Town gives off a classic vintage look, the lifestyle in this part of Dubai is as trendy as it can be. If you are a fan of vintage, Old Town has all the architectural features of a traditional Arabian lifestyle. In addition to its classic vintage look, Old Town also offers every basic living necessity, such as high-standard educational centres, a reliable medical care system, banks and pharmacies that stay open 24/7. Being located just a short drive away from the tallest building in the world, Burj Khalifa, Old Town is also close to many restaurants, cafes, retail shops, shopping malls, markets and bars.