Real Estate Market Prices for Buying in Downtown Dubai (2024)

Category: Buy and Sell, Posted at Nov. 7, 2024,

Downtown Dubai remains one of the most prestigious and sought-after areas in the city, offering luxury living, iconic landmarks like the Burj Khalifa, Dubai Mall, and the Dubai Opera. If you’re considering buying property in Downtown Dubai in 2024, it’s essential to understand the current market trends, price ranges, and the best investment opportunities in this prime location. Here's a breakdown of the market prices for buying residential properties in Downtown Dubai:

1. Price Ranges for Buying Apartments in Downtown Dubai (2024)

1-Bedroom Apartments

Price Range: AED 1.4 million to AED 2.3 million
Average Price: AED 1.8 million
Size: Typically 700–1,000 sq. ft.

1-bedroom apartments in Downtown Dubai remain a popular choice for young professionals, singles, and couples, thanks to their compact size and prime location. Prices vary depending on the tower’s proximity to key landmarks like the Burj Khalifa and Dubai Mall.

2-Bedroom Apartments

Price Range: AED 2.5 million to AED 4.5 million
Average Price: AED 3.5 million
Size: 1,100–1,400 sq. ft.

2-bedroom apartments are a great choice for small families or those seeking extra space. The price range reflects the variety of locations within Downtown, from more premium developments like The Address to more affordable off-plan options.

3-Bedroom Apartments

Price Range: AED 4.5 million to AED 7 million
Average Price: AED 5.5 million
Size: 1,800–2,200 sq. ft.

3-bedroom apartments in Downtown Dubai are typically found in iconic towers and luxury developments. These units offer expansive living spaces and unparalleled views, making them ideal for larger families or investors seeking high-quality properties.

4-Bedroom Apartments

Price Range: AED 7 million to AED 12 million
Average Price: AED 9 million
Size: 2,500–3,500 sq. ft.

High-end 4-bedroom apartments and penthouses cater to those looking for ultimate luxury and exclusivity. These properties are often located in top-tier developments such as The Address Boulevard, with direct views of landmarks like Burj Khalifa and the Dubai Fountain.

5-Bedroom Apartments (Luxury Penthouses)

Price Range: AED 12 million to AED 25 million+
Average Price: AED 17 million
Size: 3,500 sq. ft. and above

For those seeking the pinnacle of luxury in Dubai, 5-bedroom penthouses offer vast living spaces, state-of-the-art amenities, and the most prestigious addresses. Prices for these units reflect their exclusivity and prime locations with panoramic views of Downtown Dubai’s skyline.