What's the price range at Downtown Dubai Residences Block 3?
Current price per sqft: AED 7322. Recent transactions: 2BR 1971sqft at AED 23,148,560. Price history (12 months): ranging from AED 6806 to AED 6892/sqft.
Downtown Dubai Residences Block 3 – Investment & Lifestyle FAQ
Complete guide to Downtown Dubai Residences Block 3 in Downtown Dubai: pricing, amenities, rental potential and ownership costs.
12
FAQ Pairs
4
Sections
36
Data Points
Today
Last Updated
Pricing & Units
What units are available at Downtown Dubai Residences Block 3?
Unit mix: 45 × 1BR, 51 × 2BR, 20 × 3BR, 0 × 4BR. Total: 298 units. Standard residential tower.
Is Downtown Dubai Residences Block 3 a good value, or overpriced?
Tier: LUXURY. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in Downtown Dubai range AED 6822–7822/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Downtown Dubai Residences Block 3 offer?
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2019. Floors: 12. Well-maintained common areas and 24/7 security.
How many floors and units per floor in Downtown Dubai Residences Block 3?
12 floors. Total units: 298. Average units/floor: 25. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Downtown Dubai Residences Block 3?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (51 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Downtown Dubai Residences Block 3 from key landmarks?
Beach: 15 mins. Nearby Station metro: 8 mins. Downtown Dubai: 27 mins. Airport (DXB): 17 mins.
Is Downtown Dubai Residences Block 3 easy to get to and from?
Metro accessible via Nearby Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around Downtown Dubai Residences Block 3?
Located in Downtown Dubai, a luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 2562.7/sqft/year typical for tier LUXURY. Estimate for 2BR (1500 sqft): AED 320337.5/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Downtown Dubai Residences Block 3?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at Downtown Dubai Residences Block 3?
Gross rental yield: 5.8%–7.3%. 1BR typical rent: AED 21,883.083/month. 2BR: AED 29,922.417/month. Strong tenant demand; typical vacancy: 1–2 months/year.