Stunning 2BR | Open Plan | Balcony | Apartment in Downtown Dubai
AED 108,000/year

AED 76 per sqft

Permit Pending Verification

Stunning 2BR | Open Plan | Balcony | Apartment in Downtown Dubai

Downtown Dubai, Dubai
Listed 135 days ago
2
Beds
2
Baths
1,416
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in The Address Downtown, Downtown Dubai. This 1416 sqft property offers excellent value at AED 4,391,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views167
Referencedcf8003d-a15c-45bb-b87d-6c8fbb1d7963

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

Price Transparency

Estimate
This listing
AED 76/sqft
Area benchmark unavailable
Annual rentAED 108,000
Security deposit (est. 5%)AED 5,400
Ejari registrationAED 220
Agency commission (5% one-off)AED 5,400
Est. first-year cash outlayAED 119,020

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Rental Market Comparison

Excellent Deal

Excellent Rental Deal - 35% Below Market!

This rental is priced significantly below the Downtown Dubai average of AED 117/sqft/year. You could save AED 58,056 annually compared to market rate.

Save AED 4,838/month

Area Avg Rent
AED 117
per sqft/year
This Property
AED 76
35% below avg
Area Yield
6.5%
rental return
Monthly
AED 9K
per month

Investor Insight

Est. Property Value

AED 2.5M

Implied Yield

4.24%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • Updated 2026-02-22

Downtown Dubai Market Intelligence

Full Report
Avg Price/SqftAED 2,678
Active Listings101
Trenddown
Price History (per sqft)
AED 2,639
Dec
AED 2,663
Jan
AED 2,780
Feb
AED 2,636
Mar

Average Price per Sqft by Month

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).

Rental Cost Analysis

Monthly Rent

AED 9,000

Annual: AED 108,000

AED 76/sqft per year

AED 108,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 5,400
Agency Commission(5% of annual rent)
AED 5,400
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 13,020

Recent Apartment Rental Transactions

Similar apartments rented in Downtown Dubai

AED 162K

Avg. Annual Rent

AED 113.24

Avg. /sqft (yr)

5

Rentals

AED 156K44.8% higher
16 Mar 2026 2 Bed 1,723 sqftAED 91/sqft
Rental Agreement
AED 142K31.9% higher
14 Feb 2026 2 Bed 1,703 sqftAED 84/sqft
Rental Agreement
AED 97K9.8% lower
15 Jan 2026 2 Bed 1,122 sqftAED 87/sqft
Rental Agreement
AED 126K16.9% higher
16 Nov 2025 2 Bed 1,245 sqftAED 101/sqft
Rental Agreement
AED 288K166.9% higher
17 Oct 2025 2 Bed 1,416 sqftAED 204/sqft
Rental Agreement

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

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