Burj Khalifa – the tallest skyscraper in the world – graces the skyline of Dubai with its commanding presence. The landmark attraction sits in the heart of Downtown Dubai, one of the most centrally located neighbourhoods. The area brims with lifestyle and recreational activities. Besides, there are plenty of residential buildings in the locality, offering apartment buyers a range of options. Based on dubizzle search trends, here’s a round-up of some popular buildings to buy apartments near Burj Khalifa.
Top Buildings to Buy Apartments Near Burj Khalifa
Putting the UAE on the map of progressive vertical development, Burj Khalifa rises 828 metres high. The skyscraper proudly stands as one of Dubai’s real estate world records.
Besides commercial and recreational purposes, the multipurpose tower features different types of apartments with an average price of AED 5.1M. The ROI recorded for these properties is 5.79%.
Studio and 1-bedroom apartments in Burj Khalifa have an average price of AED 1.9M and AED 2.9M, respectively. Similarly, the average cost of 2-bedroom apartments in the world’s tallest building is AED 5.5M.
After learning about the average prices of apartments for sale in Burj Khalifa, let’s explore the highly sought-after vertical residences in its surroundings.
Burj Views
Burj Views is a multi-building complex located in Downtown Dubai. It is one of the popular buildings with apartments for sale near Burj Khalifa. The development encompasses three buildings: Burj Views Tower A, Burj Views Tower B and Burj Views Tower C. The location of the apartment buildings is just 990 metres away from Downtown. As a result, it offers a range of apartments with easy access to Burj Khalifa.
With an 8.79% ROI, apartments for sale in Burj Views have an average price of AED 1.88M. The price of a studio apartment has averaged AED 1.19M. On the other hand, the average asking price of a 1-bed and 2-bed apartment has been recorded at AED 1.63M and AED 2.5M, respectively.
The Address Sky View
Another flagship project by Emaar, one of Dubai’s top real estate developers, The Address Sky View is only a 15-minute walk away from Burj Khalifa. Prominent landmarks like Dubai Opera and Burj Khalifa Lake are in proximity to the building. The vertical complex has an eclectic mix of 532 serviced apartments and 180 hotel suites.
With a skyrocketing ROI of 6.92%, the price of apartments for sale in the Address Sky View averaged AED 7.68M. For a 1-bed apartment in the building, the average cost has been AED 3.67M. Compared to this, average prices of 2-bed and 3-bed apartments have been steeper and recorded at AED 6.44M and AED 9.26M, respectively.
South Ridge
With a prime location, South Ridge also makes the list of popular buildings to buy apartments near Burj Khalifa. The vertical complex is based on a cluster of six buildings offering a luxury lifestyle. Just a six-minute drive from the world’s tallest building, South Ridge is surrounded by a host of amenities and facilities.
Residents enjoy easy access to some of Dubai’s largest retail destinations, including the Dubai Mall and Souk Al Bahar. Besides, the average cost of apartments for sale in South Ridge has averaged 2.91M with a 5.86% ROI. The average price of a 1-bed and 2-bed apartment has been observed at AED 1.9M and AED 3.22M, whereas AED 4.83M has been the average cost of 3-bed apartments in South Ridge.
The Lofts
The Lofts is a vertical residential complex based on three high-rise buildings. Among the three buildings, The Lofts East and The Lofts West are 36 storeys tall. On the other hand, The Lofts Central Tower is slightly shorter and has 32 floors. Furthermore, residents and visitors to The Lofts are greeted by an air-conditioned shopping centre at the podium level. The prime location of the residential development put it only three minutes’ walk away from Burj Khalifa.
Offering properties with a 6.3% ROI, it is among the list of buildings to buy flats near Burj khalifa. Apartments for sale in The Lofts has an average cost of AED 2.15M. For a studio and 1-bed apartment, the asking price averaged AED 1.69M and AED 2.73M. However, the average price of a 3-bed apartment has been a little steeper recorded at AED 5.63M.
Burj Vista
With opera-shaped terraces designed in a honeycomb pattern, Burj Vista is a noteworthy vertical development, just a 2-minute drive from Burj Khalifa. It comprises twin towers occupying a strategic location on Sheikh Mohammed Bin Zayed Boulevard. Both towers feature 640 serviced apartments altogether, offering a range of amenities and facilities to the residents.
Burj Vista offers apartments near Burj Khalifa at an average price of AED 4.7M with a 5.37% ROI. The 1-bed and 2-bed apartment in Burj Vista has an average price of AED 2.31M and AED 3.7M, respectively. Similarly, the average asking price of a 3-bed apartment in the building has been recorded at 6.94M.
Disclaimer: The areas listed above have been based on the dubizzle user data. It does not represent the actual property transactions conducted and regulated in the emirate.
FAQs
What are the advantages of buying an apartment near Burj Khalifa?
Besides high property value, the key benefit of buying an apartment near Burj Khalifa includes easy access to an array of facilities, amenities and Dubai’s top attractions.
What is the average price range for apartments near Burj Khalifa?
The average price for apartments in Burj Khalifa has been AED 5.1M, according to dubizzle data. However, the average price of apartments near the skyscraper may vary from building to building.
What are the top areas to buy apartments near Burj Khalifa?
In addition to the above-listed buildings, Old Town and Opera District are the two highly sought-after areas with apartments for sale near Burj Khalifa.
This brings us to the end of our rundown of top apartment buildings to buy apartments near Burj Khalifa. Alongside buying apartments close to Burj Khalifa, you can also explore these top buildings with apartments for rent in Burj Khalifa. Before proceeding with your investment, check out the comparison between living in affordable vs luxury areas in Dubai to make an informed decision.
Besides learning about the locations for apartment purchases near Burj Khalifa, you can explore property options across the emirate. Browse these apartments for sale in Dubai to explore property units with different configurations.
For more updates on the best neighbourhoods for buying apartments close to Burj Khalifa, keep following dubizzle’s leading real estate blog.
