Address Grand Downtown is a new 55-storey residential development by NSHAMA. It will be erected at Downtown Dubai. The project has a total of 80 residential units, namely 3, 4 and 5 bedroom apartments as well as 3 and 5 bedroom duplexes.
The 3-bedroom apartments at NSHAMA Address Grand Downtown have a minimum floor area of 4106 sqft (381 m²) and start from 11 000 000 AED (2 995 200 $). The 4-bedroom apartments start from 4805 sqft (446 m²) and are priced from 18 000 000 AED (4 901 300 $). The 5-bedroom apartments are up to 9608 sqft (893 m²) and have a starting price of 38 000 000 AED (10 347 100 $). Duplexes at NSHAMA Address Grand Downtown range from 5625 sqft (523 m²) to 11093 sqft (1031 m²) and start from 25 000 000 AED (6 807 300 $) to 53 000 000 AED (14 431 500 $).
NSHAMA offers flexible payment terms with a 70/30 interest-free payment plan and a 10% down payment for buying this property in Dubai. These apartments at Downtown Dubai are scheduled for completion in Q4 2028.
All properties at NSHAMA Address Grand Downtown are designed in a contemporary style with high ceilings, panoramic windows and sliding glass doors that flood the rooms with natural light and offer views of the emirate's popular attractions. The interiors are finished with natural materials including stone and wood. Spacious living and dining areas are integrated into open-plan spaces. Kitchens are fitted with appliances and bathrooms are marble and fitted with top European brands.
Address Grand Downtown by NSHAMA offers residents a wide range of amenities including a panoramic infinity pool, gym, exclusive health club, private lounge and family club. Concierge and personal driver services are available to owners of this property at Downtown Dubai.
Within walking distance of NSHAMA Address Grand Downtown are Burj Khalifa, Dubai Mall and Dubai Opera. Restaurants, shops and shopping centers can be found within walking distance. There are private clinics, international schools and office centers near the development.
Developed transport infrastructure at Downtown Dubai makes it easy to get to any part of the city. The Burj Khalifa/Dubai Mall metro station is a 5-minute walk away, providing quick access to the Business Bay and DIFC business districts. Dubai International Airport is about 15-20 minutes by car. Tram and bus routes are also available to residents.
Investing in apartments at NSHAMA Address Grand Downtown is a promising investment given the high demand for property at Downtown Dubai. The average rental yield for apartments at Downtown Dubai is 6.34% per annum.
The popularity of Downtown Dubai as a tourist and business center supports the stable growth of property prices, and the limited supply of new projects contributes to the increase in the cost per square meter.
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