The Residence Burj Khalifa — project image
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The Residence Burj Khalifa

From AED 7.50M·Completed Dec 2017·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 7.50M
Starting Price
Dec 2017
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

The Residence Burj Khalifa is a luxury development with a ground level, two basement floors, 12 residential floors, and a rooftop. The complex offers elegantly designed apartments with 3–5 and 7 bedrooms. For maximum privacy, there are only 3 residences per floor. The architecture emphasizes modern style and elegance, with facades crafted from premium materials. Apartment interiors are tastefully designed, featuring spacious living areas, high-quality materials, warm color schemes, and large panoramic windows offering breathtaking city views. Depending on the residence, layouts may include a study, billiard room, playroom, formal and informal living areas. Each apartment has a balcony to enjoy views of Dubai’s landmarks. Amenities for residents include valet services, a lobby, 24-hour concierge, rooftop landscaped pool, poolside gazebo, gym, fully equipped office spaces, business center, kids’ studio, CCTV system, access card system to the lobby, and secure underground parking. The development enjoys a convenient location: 10 minutes to Dubai International Airport, 12 minutes to Dubai Marina, 20 minutes to Emaar Beachfront, and Emirates Hills. Building Configuration: 2B+G+12+R

Project Specifications
DeveloperEmaar Properties
LocationDowntown Dubai
Unit Types2 BR, 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 323,625 / year
Cash-on-Cash
2.2%
Levered cashflow AED 76,125
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.45M / 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

The Residence Burj Khalifa — View 2
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The Residence Burj Khalifa — View 7
The Residence Burj Khalifa — View 8

Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Broadband Internet
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Infinity pool
Leisure areas
Lift
Lobby
Parking
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Valet parking

Location

The Residence Burj Khalifa location map
Project location

Nearby Destinations

Downtown Dubai

Developer and Project Facts

01

The Residence Burj Khalifa by Emaar Properties

02

Located in Downtown Dubai

03

Starting from AED 7,500,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2017

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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