High-Floor 2-Bedroom, 1,732 Sq.Ft with Burj Khalifa View – Distress Deal at Address Downtown
This is one of the most compelling distress opportunities currently available in Downtown Dubai. A high-floor 2-bedroom apartment of
1,732 sq.ft in the prestigious
Address Downtown — one of the most recognisable and sought-after luxury residential addresses in the UAE — is being offered at
AED 8,000,000, which is
AED 1,000,000 below the current market price of AED 9,000,000. To contextualise the depth of this discount further: the last recorded transaction for a comparable unit in the same building closed at
AED 10,000,000 in February 2026, placing this asking price a full
AED 2,000,000 below the most recent comparable sale. The apartment is
vacant and available for immediate transfer, with no tenancy complications and no waiting period. Whether the objective is personal occupancy at one of Dubai's most iconic addresses or a premium investment asset with strong rental demand, this listing warrants urgent attention.
Property Highlights
- Bedrooms: 2
- Size: 1,732 sq.ft
- Floor: High Floor
- View: Direct Burj Khalifa View
- Status: Vacant – Ready for Immediate Transfer
- Asking Price: AED 8,000,000
- Market Price: AED 9,000,000
- Saving vs Market: AED 1,000,000
- Last Comparable Transaction: AED 10,000,000 (February 2026)
- Saving vs Last Transaction: AED 2,000,000
- Building: Address Downtown
- Community: Downtown Dubai
- Ownership: Freehold – Open to All Nationalities
- Bathrooms: Available on request
- Parking: Available on request
About Address Downtown, Dubai
Address Downtown is Emaar's flagship ultra-luxury hotel and residential tower, standing at the heart of Downtown Dubai — the most visited urban destination in the world. The Address brand is synonymous with five-star service, architectural distinction, and an unrivalled position immediately adjacent to The Dubai Mall, the Dubai Fountain, and within direct eyeline of Burj Khalifa. Residential owners enjoy the rare combination of hotel-grade amenities, concierge and lifestyle services, and the capital appreciation profile of one of Dubai's most constrained and high-demand locations. Inventory in this building is extremely limited, and high-floor Burj Khalifa-view units represent the most premium subset of an already exclusive market.
Community & Lifestyle
- Located in Downtown Dubai — Dubai's premier urban destination and global tourism hub
- Directly connected to The Dubai Mall via a climate-controlled link bridge
- Steps from the Dubai Fountain — the world's largest choreographed fountain system
- Walking distance to Burj Khalifa, At.mosphere, and Burj Park
- Surrounded by Dubai's finest dining, luxury retail, and entertainment offerings
- Served by the Dubai Metro Red Line – Burj Khalifa / Dubai Mall Station
- A globally recognised postcode attracting ultra-high-net-worth residents and tenants
Amenities
- Five-Star Hotel-Grade Concierge and Front Desk Services
- Infinity Swimming Pool with Burj Khalifa Views
- State-of-the-Art Gymnasium and Wellness Facilities
- Spa and Relaxation Facilities
- Multiple Fine Dining and All-Day Dining Restaurants On-Site
- 24/7 Security and Valet Parking
- Rooftop Terrace and Lounge Areas
- Housekeeping and Room Service Available to Residents
- Business Centre and Meeting Rooms
- Direct Access to The Dubai Mall
- Children's Play Facilities
- High-Speed Elevators and Dedicated Residential Access
Layout & Floor Plan
This 2-bedroom apartment spans
1,732 sq.ft on a high floor in Address Downtown with a direct Burj Khalifa view — one of the most premium orientations available in the building. The layout is designed to frame the Burj Khalifa as a living centrepiece, with generously proportioned bedrooms, an open-plan living and dining area, kitchen, and balcony access capturing the full Downtown Dubai skyline. The exact number of bathrooms and detailed room-by-room floor plan are available on request.
Payment & Transfer
This is a
ready, vacant property with no off-plan obligations. The unit can be acquired via
cash purchase or bank mortgage financing, subject to standard UAE mortgage eligibility. Key financial reference points for buyers:
- Asking Price: AED 8,000,000
- Size: 1,732 sq.ft
- Price Per Sq.Ft (Asking): AED 4,619 per sq.ft
- Price Per Sq.Ft (Last Transaction): AED 5,774 per sq.ft (AED 10M / 1,732 sq.ft reference)
- Market Price: AED 9,000,000
- Last Comparable Transaction: AED 10,000,000 (February 2026)
- Discount vs Market: AED 1,000,000 (approx. 11% below market)
- Discount vs Last Transaction: AED 2,000,000 (approx. 20% below last comparable sale)
- Dubai Land Department (DLD) Transfer Fee: 4% of purchase price
- Agency Commission, Trustee Fees, and Mortgage Costs: Available on request
- Status: Vacant – immediate transfer possible
This distress pricing reflects a highly motivated seller. The combination of a high-floor Burj Khalifa view, 1,732 sq.ft of living space, immediate availability, and pricing AED 2,000,000 below the last recorded comparable transaction makes this one of the most time-sensitive opportunities in Downtown Dubai's current market.
Location & Connectivity
- The Dubai Mall & Dubai Fountain: Connected via link bridge – walkable
- Burj Khalifa: Approximately 2–3 minutes on foot
- Burj Khalifa / Dubai Mall Metro Station (Red Line): Approximately 5 minutes by shuttle or 12 minutes on foot
- DIFC (Dubai International Financial Centre): Approximately 8–10 minutes by car
- Business Bay: Approximately 5–8 minutes by car
- Dubai International Airport (DXB): Approximately 15–20 minutes by car
- Dubai Marina: Approximately 25–30 minutes by car
- Sheikh Zayed Road (E11): Direct access via Financial Centre Road
Why Invest in Address Downtown, Dubai
- Priced AED 2,000,000 below the last recorded comparable transaction (February 2026) — exceptional immediate equity gain
- At AED 4,619 per sq.ft asking vs AED 5,774 per sq.ft at last transaction — a rare per-sq.ft entry point for this building
- One of Dubai's most constrained supply environments: Address Downtown has very limited resale inventory at any time
- High-floor Burj Khalifa views are irreplaceable and non-replicable — no new supply can replicate this vantage point
- Downtown Dubai is the world's most visited urban destination, underpinning exceptional short-term and long-term rental demand
- The Address brand commands significant rental premiums driven by five-star hotel services available to residents
- Ultra-high-net-worth buyer and tenant pool ensures deep liquidity and a strong resale market
- Freehold ownership open to all nationalities; UAE residency visa eligibility for qualifying property owners
- Dubai's zero income tax and zero capital gains tax environment enhances the net investment return profile
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.