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The Address Downtown Hotel, Downtown Dubai

The Address Downtown Hotel, Downtown Dubai

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Strengths

Prime Location

Luxurious Amenities

Exceptional Service

Weakens

High Pricing

Crowded During Peak Seasons

Limited Parking

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Description

The Address Downtown Hotel, Downtown Dubai

Real Estate Overview

Building Overview

  • The Address Downtown is a luxury hotel and residential building, showcasing iconic architecture and modern amenities in the heart of Downtown Dubai.
  • Located adjacent to the Burj Khalifa and Dubai Mall, residents enjoy unparalleled access to shopping, dining, and entertainment.
  • The structure stands out with its blend of sleek design and vibrant community atmosphere, making it a hallmark of elegance amidst the bustling cityscape.

Properties Overview

  • The Address Downtown features a mix of high-end serviced apartments and hotel rooms offered for both short-term and long-term stays.
  • Typical rental prices vary, with serviced apartments ranging from AED 10,000 to AED 30,000 per month, depending on size and amenities.
  • For property purchases, units generally start around AED 1.5 million, appealing to both investors and lifestyle buyers alike.

Market Trends

  • The rental market for luxury apartments in Downtown Dubai, including The Address, has shown resilience, with a year-over-year price increase of approximately 5%.
  • Sales in the building also reflect a positive trend, with a projected ROI ranging between 6% and 8%, making it a prime investment opportunity.
  • Future expectations indicate continued growth as interest in metropolitan living grows, particularly in areas surrounding major attractions.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a variety of essential services, including schools such as the Dubai International School and healthcare facilities like the American Hospital Dubai.
  • Shopping centers, groceries, and essential service outlets are conveniently located within walking distance.

Transportation and Accessibility

  • The Address Downtown boasts excellent connectivity with public transport options, including the Dubai Metro and taxis.
  • Ample parking spaces are available for residents and their guests, enhancing overall accessibility to the surrounding areas.

Lifestyle Amenities

  • On-site facilities include a luxurious spa, state-of-the-art gym, multiple fine-dining restaurants, and leisure pools.
  • Outdoor spaces allow residents to enjoy vibrant community events and activities, enhancing their living experience.

Builing Facilities

  • The building features advanced security systems, high-speed elevators, central air conditioning, and professional maintenance services.
  • These facilities ensure a safe and comfortable environment for all residents.

Special Services

  • Concierge services provide personalized assistance for residents, while business centers support corporate needs.
  • Additional guest services cater to both residents and visitors, ensuring an upscale experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Address Downtown offers various floor plans designed to meet the needs of different lifestyles, from studios to spacious multi-bedroom apartments, all furnished to a high standard.

Things to Consider

  • Prospective tenants and buyers should consider factors such as unit size, location, amenities, and community lifestyle when making their decision.
  • Understanding the local market trends and their implications for rental agreements or purchases can greatly affect long-term satisfaction.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Address Downtown hosts various social events, including seasonal celebrations, wellness workshops, and community gatherings, fostering a sense of belonging among residents.

Community Identity

  • What distinguishes The Address Downtown is its luxurious ambiance combined with a vibrant community spirit, making it a popular choice among both local and expatriate residents.

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Detailed Buiding Insights

1. Family Friendliness

The hotel offers family-friendly amenities, including spacious family suites and children's activities, making it a great choice for families visiting Dubai.

Exceptionally Welcoming

2. Living Options

The Address Downtown provides a range of luxurious living options, from elegant rooms to opulent suites, catering to various preferences for comfort and style.

Luxuriously Varied

3. Safety And Security

The hotel features advanced security measures and a professional staff, ensuring guests feel safe and secure during their stay.

Highly Secure

4. Transportation

With proximity to major attractions and public transport options, the hotel is conveniently accessible, making it easy for guests to explore the city.

Conveniently Accessible

5. Amenities And Facilities

The hotel boasts a range of top-tier amenities, including a stunning infinity pool, spa services, and multiple dining options, enhancing overall guest experience.

Exceedingly Well-Equipped

6. Cost Of Living

While the costs are higher than average due to luxury offerings, the value received in services and experiences justifies the expense for guests seeking top-tier hospitality.

Premium Investment

7. Things To Do

Located near the Burj Khalifa and Dubai Mall, guests have access to a myriad of activities, from sightseeing to shopping, ensuring a lively stay.

Vibrantly Active

8. Noise Levels

Despite being in a bustling area, the hotel's soundproofing and serene ambiance create a generally quiet environment for relaxation.

Generally Quiet

9. Pet Friendliness

While pets are allowed, there are certain restrictions, and amenities for pets may not be as extensive as in pet-exclusive hotels.

Moderately Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

249.8K AED - 308.6K AED

Rent:

24.8K AED - 30.8K AED

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