The Lofts East is a high-end residential tower in Downtown Dubai’s heart. Developed by Emaar Properties, it is one of three towers that make up The Lofts complex. This 36-story tower boasts 174 luxurious apartments, including one- and two-bedroom units.
Residents of The Lofts East enjoy a prime location in one of Dubai’s most vibrant neighborhoods. Downtown Dubai’s main draws are its famous landmarks, top-notch dining and shopping, and thrilling entertainment options. From the towering Burj Khalifa to the Dubai Mall, there is always something to see and do in this bustling district.
Residents of The Lofts East have access to many facilities, such as a fitness center, a swimming pool, and round-the-clock security. Because of its contemporary design and slick finishes, the tower is a sought-after address for people looking to live luxuriously in the center of Dubai.
Overview of The Lofts East
In the center of Downtown Dubai stands a high-rise residential complex called The Lofts East. Part of The Lofts, a collection of high-rise buildings that reflect the diversity and freedom of the absolute urban spirit, The Lofts East is a luxurious building completed in 2009. It offers a selection of spacious apartments and penthouses with one to three bedrooms.
Location and Accessibility
The Lofts East is in a prime location in central Downtown Dubai, one of the most sought-after areas in the city. It is easily accessible for residents and tourists due to its handy location near Sheikh Zayed Road and Dubai Metro and some of Dubai’s most well-known attractions, like the Burj Khalifa, Dubai Mall, and Dubai Fountain.
Architectural Design
The Lofts East is a modern building with expansive living areas and breathtaking city skyline views. It has a fitness center, a swimming pool, and round-the-clock security. The apartments and penthouses are furnished with premium materials and contemporary finishes, giving residents an opulent lifestyle.
In conclusion, The Lofts East is a posh residential complex in Downtown Dubai’s center. Due to its excellent location and contemporary architectural style, it is well-liked by people seeking a luxurious lifestyle in one of the busiest parts of the city.
Residential Units
Apartment Types and Sizes
The Lofts East offers many apartments to suit different lifestyles and preferences. The apartments come in one-bedroom, two-bedroom, and three-bedroom configurations, ranging from 916 sqft to 1,241 sqft. They feature modern design and upgraded finishes, with spacious layouts and open-plan living areas. Generous one-bedroom and large two-bedroom apartments are available for those who need more space.
Features and Furnishings
The Lofts East apartments are available in both furnished and unfurnished options, with beautifully furnished and luxury furnished apartments for those who want a more luxurious living experience. The apartments have various features and furnishings, including chiller-free air conditioning, stunning views of the Burj Khalifa and the fountain, and complete pool views. Bills are included in some apartments, and the price is negotiable in others.
Views and Aspects
The Lofts East apartments provide breathtaking views of the boulevard, pool, Burj Khalifa, and fountain. They are bright and modern, with upgraded finishes and well-maintained interiors. High-floor flats are available for those who want a panoramic view of the city, while others prefer open-plan living areas and large layouts on the lower floors. Some apartments are vacant now, while others are well-maintained two-bedrooms for rent.
In conclusion, The Lofts East provides a variety of roomy and contemporary apartments to accommodate various tastes and lifestyles. Whether looking for a fully furnished, upgraded, or well-maintained apartment, The Lofts East has something for everyone. The Lofts East is the perfect place to call home, with stunning views of the Burj Khalifa and the fountain and the boulevard and pool views.
Amenities and Facilities
Recreational Facilities
The Lofts East offers its residents a variety of recreational facilities to relax and unwind. The building features a well-equipped gymnasium, perfect for fitness enthusiasts. The gym has modern exercise machines and equipment, providing residents with a complete workout experience. On hot summer days, residents can cool off in the building’s swimming pool, surrounded by lush green gardens that create a peaceful atmosphere.
Security and Maintenance
The building has 24/7 security and maintenance services, ensuring residents’ safety and comfort. The security personnel are highly trained professionals who monitor the building’s premises around the clock. The building also has a CCTV system that provides additional security measures. The maintenance team can always fix issues, ensuring residents’ comfort and convenience.
Parking and Transportation
The Lofts East provides ample parking space for residents and visitors. The building has a dedicated parking area with 24/7 security surveillance. The parking area is well-maintained and spacious, providing residents with hassle-free parking. Additionally, the building has excellent access to public transportation, making it simple for residents to commute to other city areas.
The Lofts East provides its residents with a contemporary lifestyle that is both plentiful and comfortable.
Neighborhood and Lifestyle
The Lofts East is in the heart of Downtown Dubai, known for its luxurious lifestyle, world-class amenities, and vibrant community. The neighborhood is a great place for families, young professionals, and visitors because it has many places to shop, eat, and enjoy entertainment.
Shopping and Dining
Residents of The Lofts East can enjoy easy access to the Dubai Mall, one of the largest shopping malls in the world. The mall has over 1,200 retail establishments, including supermarkets, electronics stores, and luxury fashion labels. It also offers various dining establishments, ranging from fine to fast food joints serving international cuisine.
Education and Healthcare
The neighborhood has various educational facilities, such as nurseries and schools, for families with children. The Dubai British School and Dubai International School are located within a short distance from The Lofts East and offer high-quality education to students of different ages.
Regarding healthcare, residents of The Lofts East can access some of Dubai’s best hospitals and clinics, including the Mediclinic Dubai Mall and the American Hospital Dubai. These healthcare facilities offer various medical services, from general check-ups to specialized treatments.
Overall, The Lofts East offers a luxurious lifestyle with sea view and boulevard views, bright units, and is ready to move in. It is also conveniently located close to the mall and metro, making it an ideal place for those who want to enjoy Dubai’s best.
Investment and Market Trends
Rental Yields and Price Trends
Investors looking to purchase a property in The Lofts East, Downtown Dubai, can expect a rental yield of up to 7.22% on their investment [1]. The average price for a property in The Lofts East was AED 2,005,150 in the past 12 months [2]. However, it is essential to note that the price of properties in The Lofts East can be negotiated, especially for those looking to purchase a property in a prime location [3].
Over the past six months, the price of properties in The Lofts East has fluctuated due to the prevailing market conditions and new developments [2]. However, the overall trend has been an increase in property prices in Dubai, with house prices increasing by 10.6% in 2021 and a further 2.6% during the first three months of 2022 [4].
Demand and Supply Dynamics
The demand for properties in The Lofts East, Downtown Dubai, is high due to its great location and proximity to major landmarks such as the Burj Khalifa and Dubai Mall [1]. However, the number of properties in The Lofts East is limited, with only 20 sold during the last 12 months [1]. However, new developments in the area may increase the supply of properties.
Dubai’s real estate market is booming, with high demand and limited supply [4]. This has increased property prices and created a favorable investment climate for those purchasing property in Dubai.
Investors looking to purchase a property in The Lofts East, Downtown Dubai, should consider the rental yield, price trends, demand and supply dynamics, and the overall investment climate in Dubai.
[1] Source: Bayut [2] Source: Bayut [3] Source: Property Finder [4] Source: Arabian Business
Building Specifications
Construction Details
The Lofts East is a 36-story tower located in Downtown Dubai. The tower has a modern design and is made of high-quality materials. The building has a strong foundation and is constructed to withstand natural disasters like earthquakes.
The tower has 174 residential apartments, including one—and two—bedroom units. The apartments are roomy and provide breathtaking views of the neighborhood. The tower also has a swimming pool, gym, and 24-hour security.
Floor Plans
The Lofts East offers a range of floor plans to suit different needs and preferences. The tower has 36 floors, with apartments available on floors 1-29 and 30. The floor plans include:
- 1-bedroom apartments
- 2-bedroom apartments
- 3-bedroom penthouses
The 1-bedroom apartments are available on floors 1-29 and floor 30. They are spacious and modernly designed. They feature an open-plan living and dining area, a fully equipped kitchen, and a balcony.
The 2-bedroom apartments are available on floors 1-29 and floor 30. They are spacious and modernly designed. They feature an open-plan living and dining area, a fully equipped kitchen, and a balcony. The main bedroom has an en-suite bathroom.
The 3-bedroom penthouses are available on floor 30. They are spacious and modernly designed. They feature an open-plan living and dining area, a fully equipped kitchen, and a balcony. The main bedroom has a walk-in closet and an attached bathroom.
Overall, The Lofts East is a high-quality residential tower offering various amenities and floor plans to suit different needs and preferences.
Frequently Asked Questions
What are the current rental rates for apartments in The Lofts East?
As of June 2024, Lofts East in Downtown Dubai is renting out apartments; the cost varies based on the location and size of the unit. According to Bayut, the rental rates for a one-bedroom apartment range from AED 90,000 to AED 120,000 per year, while a two-bedroom apartment can cost between AED 140,000 and AED 180,000 per year.
How do reviews rate the quality of living in The Lofts East?
The quality of living in The Lofts East, Downtown Dubai, is generally considered high. According to FazWaz.ae, residents enjoy the diversity and freedom of the absolute urban spirit that The Lofts East and Downtown Dubai reflect. The apartments are also known for their modern design and high-quality finishes.
What are the average sale prices for properties in The Lofts East?
The average sale prices for properties in The Lofts East, Downtown Dubai, vary depending on the size and location of the unit. According to Zeus Capital, the starting price for a one-bedroom apartment is AED 1,500,000, while a two-bedroom apartment can cost up to AED 2,500,000.
What amenities are available to residents of The Lofts East?
Residents of The Lofts East, Downtown Dubai, can access many amenities, including a swimming pool, a gym, and 24-hour security. The building also features covered parking, a children’s play area, and a community room.
Are there any recent developments affecting property values in The Lofts East?
As of June 2024, we know no recent developments affecting property values in The Lofts East, Downtown Dubai.
Which floor plans are available for the apartments at The Lofts East?
Numerous floor plans are available at The Lofts East in Downtown Dubai to accommodate various requirements and tastes. According to Bayut, the apartments range from one to three bedrooms, with penthouses also available. The floor plans are spacious and well-designed, with modern finishes and high-quality appliances.
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