Downtown Residences: off-plan project in Business Bay
Downtown Residences is an off-plan residential apartment project in Business Bay, registered with the Dubai Land Department as project no. 3777 and developed by Deyaar Development (P.J.S.C). From October 16, 2025 to October 16, 2026, 362 off-plan sales were registered there at a median price of AED 2,598,327 (AED 2,769 per sq ft); 80% of sales fall between AED 2,108,980 and AED 5,138,542.
- 362off-plan sales in 12 months
- AED 2,598,327median sale price
- AED 2,769median price per sq ft
- 0%construction progress (DLD)
- December 2030end date in the register
- 524registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,769 per sq ft, Downtown Residences is in line with the median of off-plan sales across the 32 projects tracked in Business Bay (AED 2,733 per sq ft), and 56.6% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 362 off-plan sales in 12 months, about 30 a month; number 2 by sales in Business Bay over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end December 2030.
- Profile: the best-selling type (apartment · 1 bedroom) makes up 54.1% of sales, alongside 3 other types.
Downtown Residences: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3777 |
| Registered developer | Deyaar Development (P.J.S.C) (developer no. 15) |
| Master developer | Business Bay (L.L.C) |
| DLD area | Business Bay |
| Register status | not started |
| Construction progress | 0% |
| Project start | December 1, 2025 |
| Planned end | December 30, 2030 |
| Registered units | 524 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Downtown Residences off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 2,379,298.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 1 bedroom | 196 | AED 2,379,298 | 2,065,790 – 2,568,778 | 83 m² (893 sq ft) | AED 2,742 |
| Apartment · 2 bedrooms | 136 | AED 3,563,132 | 3,132,186 – 4,745,940 | 119 m² (1,281 sq ft) | AED 2,836 |
| Apartment · 3 bedrooms | 29 | AED 5,912,277 | 5,127,105 – 10,746,429 | 193 m² (2,077 sq ft) | AED 3,068 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 54.1% of off-plan sales, with a median size of 83 m² (72 to 85 m² for 80% of them).
- Apartment · 1 bedroom: 54.1% (196 sales)
- Apartment · 2 bedrooms: 37.6% (136 sales)
- Apartment · 3 bedrooms: 8% (29 sales)
- Apartment · 4 bedrooms: 0.3% (1 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Downtown Residences off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,703 in Q3 2025 to AED 2,793 in Q3 2026 (+3.3%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q3 2025 | 34 | AED 2,703 | — |
| Q4 2025 | 204 | AED 2,762 | +2.2% |
| Q1 2026 | 123 | AED 2,780 | +0.7% |
| Q2 2026 | 20 | AED 2,725 | -2% |
| Q3 2026 | 17 | AED 2,793 | +2.5% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Business Bay
To gauge the rental market around Downtown Residences: annual rents of Ejari contracts registered in Business Bay over the last 12 months (15,361 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 4,331 | AED 65,000 | 55,000 – 77,000 |
| Apartment · 1 bedroom | 7,008 | AED 85,000 | 75,000 – 105,000 |
| Apartment · 2 bedrooms | 3,186 | AED 129,640 | 110,000 – 150,000 |
| Apartment · 3 bedrooms | 749 | AED 189,000 | 160,000 – 220,000 |
| Apartment · 4 bedrooms | 82 | AED 300,000 | 193,812 – 375,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Downtown Residences?
Downtown Residences is in Business Bay, Dubai.
Further reading
- All off-plan projects in Business Bay
- All DLD sales at Downtown Residences (new and resale)
- Business Bay property prices
- Business Bay rents
- All Deyaar Development (P.J.S.C) projects
Other off-plan projects in Business Bay
- Binghatti Aquarise — AED 2,624/sq ft
- Binghatti Skyrise — AED 2,888/sq ft
- Al Habtoor Tower — AED 2,733/sq ft
- One by Binghatti — AED 2,938/sq ft
- Tiger Sky Tower — AED 2,388/sq ft
- Binghatti Skyhall — AED 2,407/sq ft
- Peninsula Four — AED 2,530/sq ft
- Avarra by Palace — AED 3,490/sq ft
More projects by Deyaar Development (P.J.S.C)
Same budget elsewhere in Dubai (around AED 2,598,327)
- OCTA ISLE Interiors by MISSONI, Palm Deira — AED 2,585,490
- Club Place, Dubai Hills Estate — AED 2,601,888
- Hermina by Casagrand Gallantee Real Estate, Palm Deira — AED 2,604,487
- Beach Walk Residences 4 by Imtiaz, Palm Deira — AED 2,578,120
- Park Views Residences A, Wasl 1 — AED 2,604,777
- Expo Valley Views, Dubai World Central — AED 2,573,000
Projects presented by Cevitas
Our Business Bay guides
Frequently asked questions
How much does a home at Downtown Residences cost?
Over the last 12 months, the 362 off-plan sales registered with the DLD show a median price of AED 2,598,327, or AED 2,769 per sq ft; 80% fall between AED 2,108,980 and AED 5,138,542. The developer's current prices are on its price list.
When will Downtown Residences be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of December 30, 2030. The handover date is confirmed by the developer.
Who is the developer of Downtown Residences?
The DLD register lists Deyaar Development (P.J.S.C) (developer no. 15), in a community developed by Business Bay (L.L.C).
What unit types are sold at Downtown Residences?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (196), apartment · 2 bedrooms (136), apartment · 3 bedrooms (29), apartment · 4 bedrooms (1). Best-selling type: apartment · 1 bedroom, at a median AED 2,379,298 for 83 m².
Has the price per sq ft at Downtown Residences changed?
The median off-plan price moved from AED 2,703 per sq ft in Q3 2025 to AED 2,793 in Q3 2026, based on DLD-registered sales.
How do I get the Downtown Residences price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.