Properties for rent in Downtown Dubai

With a 3.6% increase in the number of tourists in Dubai, the properties in Dubai are also in great demand. People coming from far and wide are buying these property units in Dubai and making the most of them. Located in the heart of Dubai is one such real estate called Downtown Dubai, located along Sheikh Zayed Road, bordered by Business Bay to the south, Al Wasl to the northwest and Financial Centre Road to the northeast. Covering an area of 2 sq. km., Downtown Dubai is home to the city's most iconic locations, Dubai Fountain, Dubai Mall and Burj Khalifa. Developed by Emaar Properties, Downtown Dubai is a 500-acre flagship project that offers exquisite views of Dubai's skyline. Serving as a cultural beacon of Dubai, Downtown Dubai accommodates more than 100,000 residents at once in more than 30 buildings that include Burj Vista, South Ridge Towers, Standpoint Towers, Claren Towers, Emaar Square and 29 Boulevard.

Types of Properties in Downtown Dubai

Downtown Dubai is instantly recognizable with a blend of high-rise and low-rise buildings showcasing Arabic architecture as well as modern designs. Consisting of over 500 studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments, 11 villas, 17 penthouses and 57 hotel flats, the property units in Downtown Dubai make a statement among all the luxurious residential properties of Dubai. Offering a plethora of amenities to the occupants, including swimming pools, covered parking spaces, fitness centres, health clubs, spas, and play areas, these residential units prove that living in Downtown Dubai is nothing less than amazing. As far as the commercial properties of Downtown Dubai are concerned, Downtown Dubai contains more than 75 offices and 13 shops that increase the productivity of workers and help them make major breakthroughs. Motivating employees to focus on their work, these creative spaces consist of a built-up area that ranges between 50 sq. ft. and 25,077 sq. ft.

Rent Price Trends of Properties in Downtown Dubai

There are various benefits of renting a real estate than buying one since there are many amenities that you do not get if you own a house. If you are interested to reside in a rental unit, you can think of taking an apartment or house in the plush community of Downtown Dubai. The rents are reasonable too, given that the community has the tallest building in the world in the form of Burj Khalifa and one of the largest shopping malls in the world in the form of the Dubai Mall. If you are in pursuit of rental apartments, the cost of apartments in Downtown Dubai starts from AED 48,000 and goes up to AED 380,000 per annum. However, if you want a larger living space, you can choose villas in Downtown Dubai. They are available at a rental price of  AED 120,000 and AED 265,000 per year. In case you are looking for a creative workspace in Dubai, you can rent offices in Downtown Dubai at a price of around AED 45,000 per annum.

Popular Areas of Downtown Dubai

Dubai Fountain, the most iconic fountain in the world, is a centrepiece of Downtown Dubai. Built by a California-based company of Bellagio Hotel fountain fame, WET Design, Dubai Fountain is 275 metres long and has the capacity to shoot 490 feet of water into the air. Set amidst 500 coloured projectors and 6,600 lights, Dubai Fountain contains different combinations of water forms that perform to classical, contemporary Arabic and global musical pieces. Creating a visual spectrum of more than 1,000 water expressions, Dubai Fountain adds to the tourism portfolio of Dubai. Downtown Dubai also contains a 440,000 sq. ft. long Fashion Avenue that is home to a variety of prestigious brands, such as Faberge, Valentino, Miu Miu, Gucci and Burberry. In addition to that, Downtown Dubai also has the Burj Khalifa, the tallest skyscraper in the world with more than 159 floors. Built with an aim to capitalize on Dubai's tourism industry and gain international fame, Burj Khalifa serves as an ideal place for holiday retreats and global meetings.

Reasons for Renting in Downtown Dubai

Downtown Dubai has a 3.5-kilometre long strip of cafes, restaurants, shopping malls and supermarkets. Featuring a 270-degree walkthrough tunnel, 22-screen Reel Cinemas megaplex and 200 food and beverage outlets to a 2,000-seat opera house, Downtown Dubai has it all that you need to enhance the quality of your life. By renting a property unit in Downtown Dubai, you will not only get to avail the best dining and shopping options but an opportunity to be a part of the most celebrated events of Dubai, such as The New Year’s Gala, Bao Music and Dance Festival, Phil’s Musical Show and Rahbani Dream Night.