Large Studio with Burj Khalifa View in Kempinski Central Avenue, Downtown Dubai – Vacant, Below OP

Property Overview

This is a large studio of 739 sq ft in the 20 series of Kempinski Central Avenue, a hotel-serviced residence building connected to The Dubai Mall in Downtown Dubai. It has a Burj Khalifa view, is vacant and is listed at AED 2,300,000 against an agent-stated original purchase price of AED 2,400,000, which is AED 100,000 or 4.2% below OP.

Property Highlights

• Asking price: AED 2,300,000
• Original purchase price (agent-stated): AED 2,400,000
• Saving against OP: AED 100,000 (4.2%)
• Size: 739 sq ft
• Asking rate: approximately AED 3,112 per sq ft (OP rate approximately AED 3,248 per sq ft)
• Type: large studio, 20 series
• View: Burj Khalifa
• Occupancy: vacant
• Status: ready, operating hotel-serviced residence

Why the Price Qualifies as Below OP

The agent brief gives a labelled original purchase price of AED 2,400,000 and a selling price of AED 2,300,000. Because the asking price is lower than the stated OP, DPF classifies this listing as Below OP.

• Saving: AED 2,400,000 minus AED 2,300,000 equals AED 100,000.
• Percentage: AED 100,000 divided by AED 2,400,000 equals 4.2% below OP.
• Rate per sq ft: AED 2,300,000 divided by 739 sq ft equals approximately AED 3,112.

The benchmark is the seller's original purchase price as reported in the agent brief received on 2026-10-01. It is not a DLD transaction record or a market valuation, so it does not by itself show the unit is below current market value. Buyers should confirm the OP from the title deed or original SPA.

About the Building, Developer and Community

Kempinski Central Avenue was completed by Emaar in 2009 as The Address Dubai Mall and was rebranded under Kempinski Hotels in 2024. It operates as a luxury hotel with serviced residences and is linked directly to The Dubai Mall, a short walk from Burj Khalifa. Residents have access to the hotel's facilities, including a shared pool, gym, spa, dining outlets and covered parking.

Published transaction data shows studios in the building typically range from about 551 to 647 sq ft, so this 739 sq ft 20-series studio is one of the larger studio layouts. Downtown Dubai is Emaar's flagship district, home to Burj Khalifa, The Dubai Mall, the Dubai Fountain and Dubai Opera.

Layout, View and Occupancy

The agent confirms a 739 sq ft studio in the 20 series with a Burj Khalifa view, and states that the unit is vacant. The exact floor, furnishing, parking and unit number were not supplied, so they are not stated here.

Income Potential

The agent describes the unit as a passive-income opportunity. No rental figures, hotel rental-pool returns or operator agreement terms were supplied, so DPF does not quote a return. Because units in branded hotel residences can be subject to an operator programme, buyers should ask whether the unit is in a rental pool, what the revenue split and fees are, and what the current service charge is.

Location and Connectivity

The building sits in the centre of Downtown Dubai with direct access to The Dubai Mall and nearby links to Sheikh Zayed Road, Financial Centre Road and the Burj Khalifa/Dubai Mall Metro station. Journey times depend on route and traffic, so DPF does not quote fixed minutes for this listing.

Verification Notes

• Agent-supplied facts: Kempinski Central Avenue, Downtown Dubai, studio, 739 sq ft, 20 series, Burj Khalifa view, vacant, OP and asking price.
• Agent claim, not verified: passive-income potential.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: original developer, completion year, 2024 rebrand, studio size range and facilities from published building information.
• Not supplied: floor, furnishing, parking, unit number, service charge and any rental-pool terms.