The Residences, Downtown Dubai

HIGHLIGHTS

About The Residences, Downtown Dubai

The Residences is a luxury residential development located in Downtown Dubai. This complex was developed by EMAAR Properties. It consists of 9 towers having a floor count ranging from 23 to 44 floors. Residents enjoy a variety of housing options offered by this complex. It offers 1 to 3-bedroom apartments, villas and penthouses. Its construction was completed back in 2007 with 1,056 apartments ready to be used. 

Downtown Dubai is home to multiple landmarks, including Burj Khalifa and the Dubai Fountain. Millions of people from all over the world visit Dubai to witness the wonders this area hosts. 

IN A NUTSHELL

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The Residences

BUILDING DETAILS

Facilities in The Residences, Downtown Dubai

Parking

There are four levels for parking in The Residence. The parking area is secure and offers ample parking spaces to residents.

Elevators

Multiple elevators in The Residences have been installed for the convenience of residents. 

Security, Central Air-Conditioning and Maintenance Services 

For security, The Residences is well-equipped with CCTV cameras, installed on all the common-use sites of these buildings. Security staff is also present to offer optimal security. Cooling service is provided by EMAAR district cooling company. Utilities are powered by DEWA. 

Event Space

Residents can find a multifunctional room which can be used to organize events in the complex. The Residences also offers a barbeque area and a courtyard to host small parties.

Gym and Fitness Facilities 

Among fitness facilities, there are 2 swimming pools andgyms in The Residences. Other facilities include 2 squash courts, a badminton court and spa facility. 

Lifestyle Amenities

Most of the apartments in The Residences offer a luxury finishing and a clear community view from balconies. The Residences features urban lifestyle amenities and is located at an ideal location. Multiple famous restaurants and major landmarks are located near this complex. 

Concierge and Guest Services 

The Residences offers round-the-clock concierge and guest services in its buildings. 

Pet-friendly

Pets are allowed in The Residences.

Safety Features

For security, this complex offers key card access along with the intercom system. Buildings of this complex feature a state-of-the-art fire fighting system.

The Residences, Downtown Dubai, 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 Residences floor plans.

Apartment Types in The Residences, Downtown Dubai

The Residences offers multiple residential options. You can find 1, 2 and 3-bedroom apartments in this complex. Details include:

1-Bedroom Apartments in The Residences

1-bedroom apartments in The Residences consist of 1 to 2 bathroom (depending on the apartment type), a storage room, a reserved parking spot, a living area and a kitchen. These 1-bedroom apartments have an area ranging from 906 sq. ft. to 1,450 sq. ft.

2-Bedroom Apartments in The Residences

With a size ranging from 1,640 sq. ft. to 2,045 sq. ft., 2-bedroom apartments in The Residences come with an open kitchen, built-in wardrobes, a living area and floor-to-ceiling windows offering a community view. 

3-Bedroom Apartments in The Residences

Covering an area of 1,244 sq. ft. to 2,000 sq. ft., 3-bedroom apartments in The Residences offer spacious rooms, 2-3 bathrooms, a balcony, a kitchen and living rooms attached to the dining area.

Penthouses in The Residences

Penthouses only come in 3-bedroom configuration. These penthouses cover the floor area of 3,080 sq. ft. 3-bedroom penthouses in The Residences come with large balconies, a kitchen full of appliances, 3 bathrooms, built-in wardrobes and luxury finishing. You can have a clear community view from its balconies

Most Popular Apartment Types in The Residences

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

According to PropertyDigger.com, 2-bedroom apartments are the most popular apartment type in The Residences. This is followed by 1-bedroom apartments, ranking second in the popularity chart. 3-bedroom apartments score the third rank.

Rental Trends in The Residences, Downtown Dubai

According to PropertyDigger.com, the rental prices of apartments in The Residences range from AED 80k to AED 220k. Details include:

With spacious apartments and luxury lifestyle opportunities, The Residences offer high-end amenities under attractive prices. You can also check out Downtown Dubai apartments for rent for more options.

Sale Trends in The Residences, Downtown Dubai

According to PropertyDigger.com, sales prices of apartments in The Residences range from AED 1.1M to AED 9.5M. 

For 1, 2 and 3-bedroom apartments, the area ranges from 906 sq. ft. to 1,450 sq. ft., 1,640 sq. ft. to 2,045 sq. ft. and 1,244 sq. ft. to 2,000 sq. ft., respectively. For more option, you may check Downtown Dubai apartments for sale.

Rental Yield in The Residences, Downtown Dubai

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

According to PropertyDigger.com, 1-bedroom apartments in The Residences offer an ROI of 5.8%. 2-bedroom apartments have an ROI of 4.9%. For  3-bedroom apartments, it is 4.0%.

The Residences

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NEARBY AMENITIES

Transportation near The Residences, Downtown Dubai

Some of the modes of transportation near The Residences include:

BUS STOPS NEAR THE RESIDENCES

  • The Palace Hotel Bus Stop (6 minutes away)
  • 8 Boulevard Walk Tower 1 Bus Stop (3 minutes away)
  • Burj View Central Tower 2 Bus Stop (5 minutes away)

METRO STATIONS NEAR THE RESIDENCES

  • Business Bay Metro Station (8 minutes away)
  • Burj Khalifa Metro Station (9 minutes away)
  • Financial Centre Metro Station (9 minutes away)

Bus stops are the best and most convenient options available near The Residences. You can also hire Taxis and Uber services in the area. 

Restaurants near The Residences, Downtown Dubai

Some of the most famous Downtown Dubai restaurantsnear The Residences include: 

  • Shakespeare and Co. (7 minutes away)
  • Leila Restaurant (5 minutes away)
  • Armani/Ristorante (6 minutes away)

If you are looking for a healthy, yet tasty breakfast, Shakespeare and Co. is only a few minutes away from this complex. This restaurant is famous for its classical décor and friendly staff. Its coffee, pasta, burgers and pancakes are quite famous.     

However, if you are looking for a luxury experience, Armani/Ristorante is located only 6 minutes away from The Residence. This restaurant is quite popular for its Italian taste, pleasant décor and quality of the service. 

Supermarkets near The Residences, Downtown Dubai

Supermarkets near The Residences include: 

  • Choithrams (7 minutes away) 
  • Spinneys (2 minutes away)
  • Carrefour (5 minutes away)

If you are looking for fresh vegetables and fruits, Choithrams and Spinneys must be your top picks. However, if you are looking for a complete shopping experience, Carrefour is located only 5 minutes away from this complex.

The Residences