Downtown Dubai · Listing

Selling Below Original Price | Steps From Dubai Mall

AED 2,240,000

AED 2,657 per sqft

Permit Pending Verification

Selling Below Original Price | Steps From Dubai Mall

Downtown Dubai, Dubai
3mo ago
1
Beds
2
Baths
843
Sqft
apartment
Type

About This Property

1 bedroom apartment for sale in Downtown Dubai. Selling Below Original Price | Steps From Dubai Mall. Price: AED 2,240,000.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views6
Reference288870e0-5188-46d2-b32f-c9aea09b4ecf

Area & Neighborhood Guide

9.5/10
Investment Score
6.8%
Avg. Yield
+15.2%
1Y Growth
Very High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Dubai Mall
Burj Khalifa
Dubai Opera
Downtown Metro
GEMS Wellington Academy
Mediclinic City Hospital
Souk Al Bahar

Upcoming Developments

Dubai Creek Harbour expansion
New luxury residential towers
Enhanced cultural district

Demographics

75K+
Residents
34
Avg. Age
90%
Expats

Downtown Dubai

Maaz Dawood

Maaz Dawood

Platform Admin

Deal Score™

AI-powered price analysis vs DLD transactions

5.2/ 10
Fair Price2.0% above market

Listed at AED 2,657/sqft against a 2,605/sqft market average in Downtown Dubai. Priced 2% above recent transactions — fair but room for negotiation.

Asking AED/sqft

AED 2,657

DLD Market Avg

AED 2,605

Avg

AED 2,172,433

Median

AED 2,246,500

Range

1101K–3700K

DLD Benchmark
Property priceAED 2,240,000
DLD transfer fee (4%)AED 89,600
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 5,600
Agency commission (2%)AED 44,800
Total to acquireAED 2,384,200

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 13 rental comparables in Downtown Dubai

Moderate Yield
Gross Yield
3.95%
Moderate Yield
Net Yield
3.39%
After charges
Estimated Rental Income
Monthly
AED 7,381
Annual
AED 88,567
Service Charge: AED 12,645/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average60.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 10,465

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 448,000)
5%80%
4.99%
2%8%
Property PriceAED 2,240,000
Loan AmountAED 1,792,000
Total InterestAED 1,347,625
Total Cost (Principal + Interest)AED 3,139,625

Estimated Upfront Costs

Down PaymentAED 448,000
DLD Registration (4%)AED 89,600
Agency Fee (2%)AED 44,800
Total UpfrontAED 582,400

Recent Apartment Transactions

Similar apartments sold in Downtown Dubai

AED 1.48M

Avg. Price

AED 2,639.3

Avg. /sqft

5

Transactions

AED 1.31M41.5% below this listing
26 May 2026 1 Bed 449 sqftAED 2,920/sqft
Completed Sale
AED 2.00M10.8% below this listing
26 May 2026 1 Bed 597 sqftAED 3,347/sqft
Completed Sale
AED 1.82M18.7% below this listing
26 Apr 2026 1 Bed 839 sqftAED 2,171/sqft
Completed Sale
AED 1.03M54.0% below this listing
25 Feb 2026 1 Bed 528 sqftAED 1,952/sqft
Completed Sale
AED 1.25M44.2% below this listing
27 Dec 2025 1 Bed 445 sqftAED 2,807/sqft
Completed Sale

Transactions shown are for similar apartments in Downtown Dubai. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By
Agency
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Call Agent