Apartments and flats for sale in Old Town

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Apartments for sale in Old Town, Dubai

Apartments in Old Town for investment and living are an excellent choice for those enamoured with an Arabic flavour. The area seamlessly blends traditional Middle Eastern architecture with modern amenities, making it renowned for its premium property in Dubai.

The community is situated at the heart of the emirate, merely 1.5 km from Dubai Mall and the iconic Burj Khalifa skyscraper. Nearby lies the stylish Eastern-style mall Souk Al Bahar. The Business Bay business community, featuring major business centres, is just a 10-minute drive away. Other attractions, like Dubai Frame, are accessible within 15 minutes, while the nearest beach, Jumeirah Beach, is a 20-minute drive. You can reach the airport in 25 minutes.

Due to its splendid location, flats for sale in Old Town are highly popular among expats. Residents can enjoy numerous amenities, including pools, fitness clubs, lounges and playgrounds.

The area offers various residences, from small studio units to spacious 3-bedroom apartments. The finishing combines traditional Arabic aesthetics with modern ergonomics, while the windows offer stunning views of Burj Khalifa and the interactive Dubai Fountain.

Apartment prices in Old Town, UAE:

  • Studio units starting from AED 1.35 million (USD 367,500)
  • 1-bedroom units starting from AED 1.6 million (USD 435,500)
  • 2-bedroom units starting from AED 2.5 million (USD 680,500)
  • 3-bedroom units starting from AED 4.5 million (USD 1.23 million)

Investment apartments in Old Town

The area boasts a developed and diverse infrastructure, with all the advantages and entertainment options of downtown Dubai within walking distance. For families, there are nurseries like Babilou and Blossom, while many educational institutions, hospitals and clinics are located in neighbouring areas, reachable within 10 minutes.

The cost of apartments in Old Town is steadily increasing, as real estate in the centre always enjoys the highest demand among buyers and renters. Purchasing such property not only protects funds from inflation but also increases their value. Additionally, you can buy an apartment in Dubai, Old Town and rent it out for a stable income stream.

Average ROI rates:

  • Studio options: 6.7%
  • 1-bedroom residences: 6.6%
  • 2-bedroom residences: 6.1%
  • 3-bedroom residences: 5.9%

Buying apartment in Old Town

Explore the investment potential of the area using our real estate platform. We provide a diverse selection of apartments and villas in Dubai. Our convenient search filters will help you easily find housing that aligns with your goals.

If you require personalised assistance, our team of qualified specialists is available to help. Contact us and we will assist you in finding the perfect real estate option in any emirate.