The Address Dubai Mall Residences — project image
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The Address Dubai Mall Residences

From AED 2.50M·Completed Dec 2009·Developer payment plan available Payment
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AED 2.50M
Starting Price
Dec 2009
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

The Address Dubai Mall Residences is a residential complex from the developer Emaar Properties, located in the heart of Downtown Dubai. The building is part of a complex consisting of three separate towers located on a podium with shopping and parking areas. The building has a well-thought-out configuration including 3 basement levels, a ground floor, a mezzanine, 10 podium levels and 59 residential floors, and a special covered bridge connects the complex with the legendary Dubai Mall. The architectural ensemble is designed in a modern style. The facades effectively shimmer in the rays of the sun, emphasizing the elite status of the location. The complex offers apartments with hotel service from 1-4 bedrooms, including duplex residences and exclusive penthouses. Each room offers a breathtaking view of the Burj Khalifa Tower and the Dubai Fountain Show. The interiors are made with attention to detail, and the views of the metropolis create a feeling of boundless vastness. Residents can take advantage of a wide range of services: five restaurants serving world cuisine, a swimming pool with panoramic views of Dubai, a luxurious spa center and multifunctional event halls. The complex is located in exceptional proximity to Dubai's iconic landmarks. Dubai Mall and Dubai Fountain are a 2-minute walk away. The Burj Khalifa Tower is a 5‑minute walk away, and Sheikh Zayed Road is less than 5 minutes away by car.

Project Specifications
DeveloperEmaar Properties
LocationDowntown Dubai
Unit TypesStudio, Apartments
AreaDowntown Dubai
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 107,875 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,375
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.15M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Bar
Beauty Salon
Broadband Internet
Central A/C
Concierge Service
Conference room
Dining outlets (coffee houses & restaurants)
Housekeeping Services
Kids Club
Laundry
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Parking
Pool Lounge
Recreational areas
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Steam
Treatment Room

Location

Downtown Dubai

Nearby Destinations

Downtown Dubai

Developer and Project Facts

01

The Address Dubai Mall Residences by Emaar Properties

02

Located in Downtown Dubai

03

Starting from AED 2,500,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Dec 2009

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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