Downtown Dubai: Apartments in a 341 Metre Tower of Only 150 Homes

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About this property

The address is Downtown Dubai and the building is 341 metres of it, sixty five floors, of which fifty one are residential. In those fifty one floors there are 150 homes. That ratio is the entire product: roughly three homes per floor in a tower this tall, where the normal Downtown answer is twelve. The slab to slab height is 4.2 metres, against a Dubai standard of about three, so the rooms are a different shape before any furniture arrives. The building is laid out by altitude. The two bedroom suites sit on levels twelve to thirty one at 140 to 170 square metres, from 11,499,999. The three bedroom suites sit on levels thirty four to fifty two at 200 to 215 square metres, from 19,999,999. Above them the penthouses begin: a four bedroom of 245 to 280 square metres on levels fifty five to fifty eight, a five bedroom of 623 to 667 on fifty nine to sixty one, a duplex of 1,160 on sixty two and sixty three, and a triplex of 1,620 on the top three levels. The penthouses carry no published price. The building is served rather than merely equipped. There is a sky infinity pool and a podium pool, a spa service, a gym, concierge and valet, housekeeping, food and beverage, a parking access card and dedicated private parking for the penthouses. The structure carries solar photovoltaic technology and an acoustic system, and the project is being built towards a LEED qualification. Homes are offered furnished or unfurnished. Ownership is freehold and open to all nationalities. The handover date has not been published and the payment plan is agreed on the reservation, which at this level is normal rather than evasive; both belong in writing before any transfer. Two things to weigh. Every home here clears the two million dirham residency visa threshold several times over, so the visa is a given rather than a selling point. And the building is 150 homes, so the resale market inside it will always be thin: that protects the price on the way up and slows the exit on the way out.

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