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Old Town

UAE > Dubai > Downtown Dubai > Middle Circle > Old Town

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Details

Commercial Title :

Old Town

Official Title :

Downtown Dubai

Type :

Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Developer(s) :

N/A

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

N/A

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Road Locations

Description

Located in Downtown Dubai, Old Town is the only low-rise apartment complex in the area. It is developed by Emaar Properties – one of the premier developers in the region. The term ‘Old’ refers to the architectural style in which this region was built. The construction of the area completed in 2006.Properties in Old Dubai are quite different from the properties found in the neighbouring Downtown Burj area. The 35 low-rise buildings feature classic Arabian architecture, more commonly found in the older parts of Dubai. In this Old Town Dubai area guide, you will find in-depth information about the properties, amenities, facilities and more.

The Old Town Residences is a homage to old Dubai, with accommodation ranging from one, two, three and four-bedroom apartments across low-rise three-storey apartment buildings to a number of exclusive mid-rise towers with penthouses. The development takes many architectural cues from the original Al Bastakia neighbourhood of Bur Dubai.

Earthy tones and materials are used to recreate the gypsum, clay or sarjool plastering used in the early twentieth century, which contrasts with the dramatic towers of the surrounding Downtown Dubai community and Burj Khalifa. The Old Town is split into six different districts: Yansoon, Reehan, Miska, Zaafaran, Zanzabeel and Kamoon.


AMENITIES:

  • Children’s play areas
  •  gymnasium,
  • aerobics room
  •  squash courts
  •  games room
  •  entertainment lounge 
  • coffee shops.


IN A NUTSHELL

  • A project by Emaar in Downtown Dubai
  • A mix of low-rise and mid-rise apartments 
  • 35 buildings divided into 6 districts
  • Close to Business Bay, Al Safa and Al Wasl
  • Souk Al Bahar, Dubai Mall and Burj Khalifa in walking distance

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Yearly Transactions and Sales

Transactions
Sales
80080060060040040020020000Transactions20082008200920092010201020112011201220122013201320142014201520152016201620172017201820182019201920202020202120212022202220232023202420241,600,000,0001,600,000,0001,200,000,0001,200,000,000800,000,000800,000,000400,000,000400,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
3,6003,6002,7002,7001,8001,80090090000TransactionsApartmentsApartmentsOfficesOffices8,000,000,0008,000,000,0006,000,000,0006,000,000,0004,000,000,0004,000,000,0002,000,000,0002,000,000,00000Sales
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Price Per Square Feet "Sale"

2,8002,8002,4002,4002,0002,0001,6001,6001,2001,200800800Price1442.80852413.70711450.52366.374552228.989451629.07592014.22671880.332151780.69611437.17811223.382925.117651279.5121556.55811736.28932421.690352008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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