The Lofts East, Downtown Dubai

HIGHLIGHTS

About The Lofts East

Downtown Dubai is a sought-after location with sky-rise towers and pleasant tourist destinations. Being home to many commercial and residential projects, it has become an important component of Dubai'€™s real estate market. The development is famous for housing prominent landmarks such as Burj Khalifa, Dubai Fountain, Dubai Mall and Dubai Opera. The Lofts is constructed a few blocks away from these attractions in a residential district next to Standpoint Tower.

This mixed-use project is a high-rise complex with 3 buildings. The Lofts East is the first 36-storey block with 174 residential apartments comprising one and two-bedroom units. Ranked as one of the most sought-after freehold properties in Dubai, these apartments are favourable for locals and expats alike.

The complex comes from Dubai'€™s leading property development company, Emaar. Like other projects around the emirate, The Lofts is also designed in a way that meets the needs of residents and provides a luxurious community experience.

IN A NUTSHELL

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The Lofts East

BUILDING DETAILS

Facilities in The Lofts East

Parking

There'€™s covered parking in The Lofts East. Guest parking is not possible as the spaces are limited. However, each flat can reserve a spot for one vehicle.

Elevators

Multiple high-speed elevators in The Lofts East with electricity backup provide uninterrupted access to all floors.

Security, Central Air-Conditioning and Maintenance Services 

All residential floors are temperature controlled and the apartments have double-glazed glass windows to protect from extreme heat.

Security is backed by 24-hour CCTV surveillance. Only the residents with key cards can access apartments. Moreover, there is an intercom facility as well so one can communicate with the reception. Residents in The Lofts East, Dubai avail shared facilities of the complex and pay a maintenance fee of AED 21 per square foot.

Gym and Fitness Facilities 

Residents can apply for membership and avail fitness facilities including an equipped gym in The Lofts East. One can also practise swimming outdoors. There'€™s a deck with a large king-size pool and steam room.

Lifestyle Amenities

There is a covered play area for kids with trained staff. A well-paved garden with jogging tracks is accessible where families can go for evening strolls. Moreover, sports lovers can play squash in the community sports court. There'€™s a multi-purpose room for indoor games as well.

Concierge and Guest Services 

24-hour front desk help, concierge and maintenance services are provided.

The Lofts East Floor Plans 

PropertyDigger has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you'€™re interested in by browsing The Lofts East floor plans.

Apartment Types in The Lofts East

There are 174 one and two-bedroom ready apartments in The Lofts East. Some of these are fully furnished. Each unit is completed with basic fixtures and good quality sanitary fittings.

1-Bedroom Apartments in The Lofts East

There are three types of layouts for 1-bedroom apartments in The Lofts East. Type 1 has a standard living space of 912 sq. ft. including the balcony. These units are usually found on the 30th floor. Type 2 is larger spanning over 958 sq. ft. while Type 3 has a lesser coverage of 774 sq. ft. and these are strategically arranged on floors 2 to 29. Each flat has the same amenities regardless of the covered area. There is a modern kitchen (open or closed depending on the space), a bedroom with en-suite bathroom, and a guest bathroom. Living hall usually consists of separate dining space.

2-Bedroom Apartments in The Lofts East

2-bedroom apartments in The Lofts East have four different floor plans with varying coverage areas. Type 1 and 3 are arranged on level 1 to 29, Type 2 is on level 30 while Type 4 is built on the 2nd floor only. 

These apartments have a large covered space ranging from 1,120 sq. ft. to 1,491 sq. ft. Each consists of two spacious bedrooms with built-in wardrobes and attached bathrooms, a living area with separate dining space, an open-concept kitchen with regular appliances, and a balcony. Type 2 two-bedroom apartments are the largest featuring two spacious balconies.

Most Popular Apartment Types in The Lofts East

Based on searches conducted by users on PropertyDigger.com over the past 6 months

As per searches on PropertyDigger, 2-bedroom apartments are more popular in The Lofts East wing. These units received 57.7% views and 1-bed flats are next with 41.9% views.

Rental Trends in The Lofts East

Those looking for affordable apartments for rent in Downtown Dubai can consider apartments for rent in The Lofts East. 

You can split the annual rent and pay it via multiple cheques. Generally, 4 cheques are required but the number may vary if mentioned in the contract.

Sale Trends in The Lofts East

Investors willing to buy apartments in The Lofts East can expect to pay around AED 2M at the max.

Similarly, the price of 2-bedroom apartments in The Lofts East starts from AED 1.5M. You can also compare the prices with other apartments for sale in Downtown Dubai.

Rental Yield in The Lofts East

Based on searches conducted by users on PropertyDigger.com over the past 6 months

Both one and two-bedroom apartments generate equal returns on investment (ROI) i.e. 6.3%. Since these are the only two types of units in the building, both are equally favourable for couples, small families and investors.

The Lofts East

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NEARBY AMENITIES

Transportation near The Lofts East

One can get around the town via metro, bus or a car. Taxis are also a widely used mode of transportation near The Lofts East. You can easily get one at the bus stations close to the mall and popular landmarks.

Bus Stations near The Lofts East

The closest bus station is at 8 Boulevard Walk Tower 1 (a 4-minute drive) where you can catch feeder bus '€“ 13 and at Dubai Mall Land Side '€“ A (a 5-minute drive). Bus lines that stop here include F-13, D-03 and D-03A.

Metro Stations near The Lofts East

Those who prefer travelling via metro can head towards Burj Khalifa Metro Station (4 minutes) or Business Bay Metro Station (5 minutes).

Restaurants near The Lofts East

The area is not short of cafes or restaurants. You will find elite dining options in Burj Khalifa at a short 4-minute drive. Some popular Downtown Dubai restaurants near The Lofts East are:

  • At.Mosphere
  • Armani
  • The Cheesecake Factory

There are some friendly neighbourhood cafes at short intervals including: 

  • Third Avenue Café
  • Pantry Café
  • Shakespeare and Co. 

Also, plenty of restaurants are in Dubai Mall'€™s food court which is only 6 minutes away. There, you will find P.F. Chang'€™s, Rainforest Cafe, Starbucks and Johnny Rockets etc.

Supermarkets near The Lofts East 

There are some local and widely popular supermarkets near The Lofts East such as:

  • Spinneys
  • Choithrams
  • Zoom Mini Mart 

If you prefer Carrefour, that'€™d be only a short drive away in Burj View Towers. There'€™s Waitrose in Dubai Mall while Al Maya, a local supermarket chain is just a few blocks away.