Middle-East.Realestate, the leading real estate aggregator in the region, greatly simplifies the process of purchasing villas in Downtown Dubai for investment purposes. The website features listings from trusted developers and includes over 2 residential properties. To make property selection easier, a variety of filters and sorting options are available.
The minimum for house prices in Downtown Dubai is AED 3.6 million (USD 2178115) for a 2-bedroom property with an area of 117 square metres.
The maximum price can reach AED 20 million (approximately USD 5.5 million) for a premium-class mansion with an area of 363 square metres, featuring three bedrooms and an additional room for staff.
The price per square metre in this area is approximately AED 31,700 (USD 8,630).
Villas in this district are relatively rare due to the dominance of high-rise developments. Typically, premium standalone houses are located at the base or podiums of skyscrapers, such as those in Imperial Avenue.
Yes, adult investors with no criminal record or serious infectious diseases can obtain a UAE residence visa through real estate investment. The visa also applies to the investor's spouse and children.
Key conditions:
- A 2-year residence visa is issued for property purchases starting from AED 750,000 (approximately USD 204,000).
- A 5-year "Golden Visa" is granted for investments of AED 2 million (around USD 545,000).
- The property must be located in a freehold zone.
- The visa can be renewed an unlimited number of times, provided the property remains in the investor's ownership and local laws are observed.
Villas for sale in Downtown Dubai
The architectural style of the district blends Arabic motifs with futuristic designs. Despite the prevalence of skyscrapers, there are exclusive villa clusters equipped with terraces. Additionally, many residential towers feature podium-level homes with panoramic views of the city. Floor plans typically range from 3 to 4 bedrooms.
Due to high-density development, a variety of property sizes are available, ranging from 180 to 1,030 square metres. Both off-plan and fully furnished ready-to-move-in homes are available, often featuring swimming pools, gyms, private parking and 24/7 security.
Real estate in this part of the city is predominantly in the premium segment. Over the past year, prices of villas in Dubai have increased by 24.3%. The average cost of houses for sale in Downtown Dubai, UAE, is as follows:
- 2-bedroom properties: AED 5.3 million (USD 1.4 million)
- 3-bedroom properties: AED 7.4 million (USD 2 million)
When buying a villa in Downtown Dubai as a foreigner, there are several key steps to follow:
- Property search When selecting a home, it's important to consider the following aspects:
- Compare prices of similar listings in the area to ensure you are paying a fair price.
- Analyse the potential for appreciation of villa prices in Downtown Dubai and the factors that may influence future prices.
- Legal due diligence
- Ensure there are no debts or third-party claims on the property.
- Verify that the seller has all necessary documents for the sale.
- Check whether the transaction requires approval from management companies or local authorities.
- Finalising the transaction
- Sign a Memorandum of Understanding (MOU), outlining all deal terms.
- Pay a deposit, usually 5% to 10% of the property's value, to confirm the buyer's intent.
- Title deed registration
After completing all legal procedures and making full payment, the property is registered under your name at the local Land Department, officially making you the legal owner.
Benefits of investing in villas in Downtown Dubai
- Developed infrastructure and strategic location The district offers convenient access to key city locations due to its proximity to Sheikh Zayed Road.
- DXB Airport is 15-20 minutes away.
- International schools JSS Private and King's are within a 10-15 minute drive.
- The Blossom kindergarten is within the district, while Pinocchio and Hummingbird nurseries are just a 5-minute drive away.
- Medical facilities include Mediclinic and Emirates Hospital Clinics, both within 5 minutes.
- Landmarks such as the Burj Khalifa, Opera, Mall and the famous Fountain are within walking distance.
- High liquidity
The most profitable villa for sale in Downtown Dubai is a 3-bedroom home, offering a 5.07% rental yield, while 2-bedroom properties generate approximately 5.01%. - Security and privacy
- High year-round rental demand.
- Tax benefits for international investors, including no inheritance tax, real estate tax or capital gains tax.
- Stable economic conditions and reliable asset protection.
- Residency prospects
Investors who purchase property in Dubai worth AED 750,000 or more can obtain a two-year UAE residency visa, while investments starting from AED 2 million grant a five-year visa.
Find and buy a villa in Downtown Dubai
Use the Middle-East.Realestate real estate aggregator to search for and purchase residential real estate across the Middle East, including houses and apartments in Dubai. The website offers up-to-date listings with current prices in multiple currencies, market analytics and buyer tips. With a user-friendly search system featuring filters, a built-in currency converter and direct communication with sellers, finding and purchasing the right home is easier than ever.
Explore the best properties in one place and invest with confidence!