Description
The definitive whole-building acquisition opportunity in Dubai's most prestigious address. A brand-new, fully furnished, never-tenanted residential tower in Downtown Dubai — 304 apartments across 19 residential floors, delivered to a specification that commands the very top of the market. Every unit is move-in ready, every finish is premium, and every amenity is resort-grade.
This is a single-transaction acquisition of an entire luxury tower in Downtown Dubai at just over AED 1 billion — a price point that reflects the asset's scale, location and specification, and one that is unavailable to replicate in this market.
Investment Snapshot
- Location: Downtown Dubai
- Configuration: Basement + Ground + Mezzanine + 4 Podium + 19 Residential Floors
- Status: Brand new, fully furnished, vacant and ready
- Total apartments: 304 units
- Retail units: 3 ground-floor shops
- Plot size: 45,500 sq ft
- Total built-up area: 550,000 sq ft (including amenities and parking)
- Total sellable area: 277,860 sq ft (including shops and balconies)
- Total parking spaces: 429 (6 dedicated parking floors)
- Asking price: AED 1,002,500,000
304 Apartments. One Transaction. One of a Kind.
There is no equivalent opportunity in Downtown Dubai. A brand-new, fully furnished, entire residential tower — fully vacant, offered as one title — at this scale and specification does not come to market. This is a once-in-a-cycle acquisition.
The unit breakdown is designed for maximum market coverage:
- 152 Junior 1-bedrooms at 575 sq ft each — the highest-velocity unit in Dubai's short and long-let market, ideal for a serviced apartment or co-living operator
- 95 One-bedrooms at 950 sq ft — premium full-floor-plate units capturing the city's dominant professional renter
- 19 Two-bedrooms at 1,500 sq ft each — the family and executive tier, commanding strong long-let rents
- 38 Three-bedrooms across two size bands (1,700 and 2,000 sq ft) — the flagship units, suited to high-net-worth residents or corporate long-stay
- 3 Retail units on the ground floor — income-generating commercial space anchoring the podium
Every residential floor features 8 studios, 5 one-bedroom units, 1 two-bedroom unit and 2 three-bedroom units — a consistent, manageable floor plate for operational efficiency at scale.
Specification That Justifies a Premium Rent
Fully furnished does not mean standard. This tower has been delivered to a specification built for the Downtown Dubai tenant — someone who has a choice and will pay for the right product.
Interiors: Fully fitted kitchens with functional chimneys, built-in wardrobes throughout, complete furnishings in every apartment — a true turnkey product, ready to let from day one.
Bathrooms: Kohler fittings and fixtures across the building — a brand synonymous with bathroom luxury and a genuine differentiator in the tenant decision.
Amenities: Outdoor infinity pool, kids' pool, Jacuzzi, jogging track, separate male and female gyms, separate male and female health clubs each with sauna and steam rooms, grand reception area, podium-level clubhouse facilities and three ground-floor retail units generating footfall and amenity for residents.
Infrastructure: 7 elevators per floor including a dedicated fireman's lift, 429 parking spaces across 6 dedicated floors, full CCTV coverage throughout, and two gated entry and exit points — the security and access infrastructure of a five-star managed residence.
Downtown Dubai — No Further Justification Required
Downtown Dubai is the city's most recognised, most photographed, and most globally demanded address. It is where the Burj Khalifa stands. It is where Dubai's most significant hospitality assets operate. It is the benchmark against which every other Dubai address is measured.
For an investment of this scale, location is not a secondary consideration — it is the first and final one. In Downtown Dubai, luxury supply is finite, land is exhausted, and new whole-building acquisitions of this scale are structurally impossible to replicate. The asset's address is its most durable competitive advantage.
Strategic Options for an Incoming Owner
The vacancy is the flexibility. An entire, brand-new, fully furnished tower with 304 units and 429 parking spaces in Downtown Dubai can be deployed in multiple ways:
Long-let residential — let the building unit by unit at Downtown's prevailing premium rents, maximising per-unit yield.
Serviced apartment operation — the fully furnished specification and the junior one-bedroom weighting make the building structurally suited to a managed serviced apartment programme, potentially flagged under an international hospitality brand.
Institutional lease — master-lease the whole building to a single operator, securing contracted income from day one with a single counterparty.
Corporate accommodation — whole-building let to a single corporate or government entity on a multi-year term, as the market for Downtown corporate housing at scale continues to expand.
The incoming owner chooses the strategy — and the specification, scale and address support all of them.
Who This Suits
Sovereign wealth funds, institutional investors, major hospitality groups and serviced-apartment operators, ultra-high-net-worth family offices, and private equity seeking a flagship, scalable, irreplaceable Dubai asset at the centre of the city's most prestigious district.
Pricing & Process
Asking Price: AED 1,002,500,000
Floor plans, full unit schedule, building specifications, legal documentation and title details are released to qualified buyers under NDA. BFS Commercial Brokers is the appointed brokerage and manages buyer qualification, confidentiality, due diligence coordination and negotiation.
