Part of The Residences, a group of nine high-rise residential towers with breathtaking views of the Burj Khalifa and the Dubai Fountain, Residence 4 is a luxurious residential building in the center of Downtown Dubai, one of the most sought-after areas in the city. It is renowned for its modern architecture, fine finishes, and top-notch amenities.
Residence 4 is characterized by its luxury. This tower has several large, tastefully decorated apartments with one to four bedrooms. The apartments have floor-to-ceiling windows that let in abundant natural light and provide breathtaking city skyline views. In addition, the building has a fitness center, a swimming pool, and round-the-clock security.
Residence 4 is the perfect option for those looking for a luxurious lifestyle in the heart of Dubai. Situated in the vibrant Downtown neighborhood, the tower is close to several schools, grocery stores, and medical facilities, making it an excellent place for families. Residents can also easily access the Burj Khalifa, the Dubai Mall, and the Dubai Opera.
Overview of The Residence 4
Part of a more significant development called The Residences, which consists of nine high-rise residential towers with incredible views of the Burj Khalifa and the Dubai Fountain, Residence 4 is an opulent residential building in Downtown Dubai, United Arab Emirates.
Location and Proximity
One of Dubai’s most sought-after locations, Residence 4 is close to the world’s tallest building, the iconic Burj Khalifa, and one of the biggest shopping centers in the world. It is also easily accessible to major highways, public transportation, dining, shopping, and entertainment.
Key Features and Amenities
The Residence 4 is known for its modern architecture, high-quality finishes, and world-class amenities. The building offers a range of facilities for residents to enjoy, including:
- Modern exercise apparatuses and a fully furnished gym
- A pool featuring breathtaking views of the skyline of Dubai
- A sauna and steam room for relaxation and rejuvenation
- A tennis court and a squash court for sports enthusiasts
- Ample parking space for residents and visitors
Residence 4 provides residents with a luxurious and comfortable living experience. The building has highly efficient and state-of-the-art fire alarms and firefighting systems, ensuring all residents’ safety and well-being.
Overall, Residence 4 is an ideal choice for those looking for a comfortable and convenient lifestyle in the heart of Dubai. Its prime location, world-class amenities, and stunning views offer a unique living experience that is second to none.
Apartment Types and Specifications
Unit Layouts and Views
The Residence 4 offers a variety of apartment types, including big and large layouts, with some units providing full Burj Khalifa and fountain views. The apartments feature spacious living areas, well-designed kitchens, and elegant bedrooms with en-suite bathrooms. The units are available in one-, two—, three—, and four-bedroom configurations, catering to the needs of different families.
The best-laid apartments in Residence 4 offer a full view of the Burj and fountain. These units provide a breathtaking view of Dubai’s iconic landmarks and are highly sought after by residents. The large layout apartments are perfect for families who require ample living space, while the big layout apartments cater to those who desire a more spacious living area.
Furnishing and Condition
The Residence 4 offers fully furnished apartments, providing residents with a hassle-free move-in experience. These apartments have high-quality furniture, appliances, and fixtures, guaranteeing residents a comfortable and luxurious lifestyle. The apartments are in excellent condition, with state-of-the-art fire alarms and firefighting systems that ensure the safety and well-being of all residents.
The apartments in Residence 4 are preserved to the highest standards, ensuring they are in excellent condition. The building management team conducts regular inspections and maintenance to ensure all apartments are in good condition. The apartments are cleaned regularly, and any repairs or maintenance issues are addressed promptly.
In summary, Residence 4 offers a range of apartment types, including big and large layouts, with some units providing full Burj Khalifa and fountain views. The apartments are fully furnished and maintained to the highest standards, ensuring residents enjoy a comfortable and luxurious lifestyle.
Real Estate Insights
Market Trends and Prices
Residence 4 in Downtown Dubai is a sought-after location for those looking for luxurious apartments in the city’s heart. According to real estate agencies, the average asking price for apartments in Residence 4 is AED 5,890,625. However, the prices may vary depending on the property’s size, type, and condition.
Transactional data shows that the properties in Residence 4 were sold at an average price of AED 5,890,625 in the past 12 months. The market conditions in Downtown Dubai are stable, and there is a consistent demand for high-end residential properties.
Investment Opportunities
Investing in Residence 4 can be profitable for those looking for a good return on investment (ROI). The average cost of properties rented in Residence 4 in the last 12 months is AED/year 0 100K 200K 300K 400 K. The ROI for properties in Residence 4 is also attractive, with a potential for high rental yields.
Those interested in investing in Residence 4 can explore various options, including buying properties for rental income or resale. With the help of real estate agencies, investors can find suitable properties that meet their investment objectives.
In conclusion, Residence 4 in Downtown Dubai is a prime location for those looking for high-end residential properties. With stable market conditions and attractive investment opportunities, it is a wise choice for investors looking for good ROI.
Living in Downtown Dubai
Residents of Downtown Dubai enjoy a comfortable lifestyle in a bustling, contemporary neighborhood. It is home to some of the most iconic landmarks in the city, including the Dubai Mall, Dubai Fountain, and Dubai Opera. Here are some highlights of living in Downtown Dubai:
Neighborhood Highlights
- One of the biggest malls in the world, the Dubai Mall has a vast selection of high-end retailers, entertainment venues, and dining establishments.
- The Dubai Fountain is a mesmerizing water and light show every evening, attracting visitors worldwide.
- World-class performing arts venue Dubai Opera presents a range of shows and events all year.
- Business Bay and DIFC are two nearby business districts that offer numerous job opportunities for professionals.
- Al Wasl is a peaceful residential area near Downtown Dubai, providing a serene escape from the city’s hustle and bustle.
Educational Institutions
Downtown Dubai is home to some of the best educational institutions in the city, including:
- Gems Wellington Primary School offers a British curriculum and a range of extracurricular activities.
- JSS Private School provides a holistic education to its students and strongly focuses on sports and the arts.
- Horizon English School (HES) offers an American curriculum with a diverse student population.
Several nurseries, such as Toddler Town British Nursery and Blossom Nursery, also provide young children with a safe and nurturing environment.
Living in Downtown Dubai offers a unique and luxurious lifestyle unmatched by any other neighborhood in the city. Its iconic landmarks, world-class amenities, and excellent educational institutions make it the perfect place for families and professionals.
Amenities and Lifestyle
Fitness and Recreation
Residence 4 offers its residents a range of fitness and recreation amenities. The gym has all the latest equipment, so residents can easily maintain an active and healthy lifestyle. The sauna is perfect for relaxing after a workout, while the tennis and squash courts allow residents to compete with friends and family.
Family and Community
The kids’ zones, indoors and outdoors, offer a fun and safe play area that is sure to please families with small children. The outdoor kids zone features a playground with slides and swings, while the indoor kids zone has a range of toys and games to keep children entertained. The car park ensures residents have a secure place to park their vehicles.
Luxury Living
Residence 4 offers luxury living at its finest. The building features high-quality finishes and world-class amenities, including a 24-hour concierge service and security. It also has a stunning lobby and reception area that will impress visitors.
Buying Guide
Property Size and Types
Buyers have various options when buying a property in Residence 4, Downtown Dubai. The property sizes range from 2 bedrooms to 3 bedrooms and penthouses. Buyers must determine their needs and budget before selecting the property type that suits them best.
Payment Plans and Budgeting
Buyers must also consider their budget and the payment plans available when purchasing a property in The Residence 4. According to Bayut, the prices range from AED 5,950,000 to AED 8,500,000. Buyers should consider their financial situation and choose a payment plan that works best for them.
When budgeting for a property in Residence 4, buyers should consider additional costs such as service and maintenance fees. It is crucial to thoroughly understand all the expenses related to the property before deciding on a choice.
To summarize, when buying a property in Residence 4, buyers should consider the property size and type that suits their needs and budget, as well as the available payment plans and additional costs associated with the property. By considering these things, purchasers can choose the home that best suits their requirements.
Developer Information
Emaar Properties Profile
One of the top real estate developers in the United Arab Emirates is Emaar Properties. Established in 1997, the company has developed iconic projects in Dubai and other parts of the world. Emaar Properties, which emphasizes sustainability, innovation, and quality, has become synonymous with luxury living and commercial excellence.
The company has a diverse residential, commercial, and hospitality development portfolio. Emaar Properties has developed some of the most prestigious communities in Dubai, such as Downtown Dubai, Dubai Marina, and Arabian Ranches. The company has also expanded its operations to other countries, such as Saudi Arabia, Egypt, Turkey, and Pakistan.
Emaar Properties is committed to delivering world-class developments that meet its customers’ needs. The company has won numerous awards for its projects, including the Best Developer Award at the Arabian Property Awards and the Best Mixed-use Development Award at the International Property Awards.
Emaar Properties strongly emphasizes sustainability and environmental responsibility. The company has implemented green building practices in its developments to reduce energy consumption and carbon emissions. Emaar Properties is also committed to supporting local communities and has launched several social initiatives to improve people’s lives in the areas where it operates.
Emaar Properties is a respectable and trustworthy developer with a record of producing high-caliber projects. The company’s commitment to conservation and innovation makes it a leader in the real estate industry.
New Developments
As a leading developer in Dubai, Emaar Properties is constantly working on new projects that cater to the needs of its customers. The company has several new developments in the pipeline, including:
- Dubai Creek Harbour: A waterfront development featuring residential, commercial, and leisure properties. The development will include the world’s tallest building, the Dubai Creek Tower.
- Arabian Ranches III: A residential community that will feature townhouses and villas. The development will include several amenities like parks, swimming pools, and a clubhouse.
- The Valley: A new community that will feature affordable townhouses and villas. The development will include several parks and a community center.
These new developments reflect Emaar Properties’ commitment to providing quality properties that meet its customers’ needs. With a focus on innovation and sustainability, Emaar Properties is poised to continue leading the real estate industry in Dubai and beyond.
Transportation and Access
Connectivity and Public Transport
Numerous modes of transportation are conveniently accessible from The Residence 4 in Downtown Dubai. Walking distance to the Dubai Metro makes it easy for locals to commute to other parts of the city. The nearest metro station to Residence 4 is Business Bay Metro Station, which is about a ten-minute walk away. Furthermore, residents can easily travel by car due to the accessibility of significant highways like Sheikh Zayed Road and Al Khail Road.
The Residence 4 is also easily accessible by bus. The nearest bus stop is the Dubai Mall Bus Stop, approximately 15 minutes away. Residents can take the F13 bus from there to reach Residence 4. The Roads and Transport Authority (RTA), which runs the bus service, offers a vast bus network all over Dubai.
For those who prefer to travel by taxi, plenty of taxis are available in Downtown Dubai. Residents can also use ride-hailing services like Uber and Careem, which are widely used in Dubai.
Overall, Residence 4 provides good access to public transportation and connectivity, which makes it simple for residents to commute to other parts of the city.
Frequently Asked Questions
What are the current rental rates for Residence 4, Downtown Dubai apartments?
As of June 2024, the current rental rates for apartments in Residence 4, Downtown Dubai, have yet to be available. However, rental rates for similar apartments in the area range from AED 100,000 to AED 350,000 per year, depending on the apartment’s size, location, and amenities.
What is the price range for buying real estate in Downtown Dubai’s Residence 4?
The price range for acquiring a property in Residence 4, Downtown Dubai, varies depending on the apartment’s size, location, and amenities. According to recent data, the average price for a 2-bedroom apartment in Residence 4 is AED 5,950,000, while the average price for a 3-bedroom apartment is between AED 7,000,000 and AED 9,000,000.
Before deciding, can I view the floor plans for Residence 4, Downtown Dubai?
Interested buyers can view the floor plans for Residence 4, Downtown Dubai, before deciding. The floor plans are available on the developer’s official website, Emaar Properties.
Are any apartments available for sale in The Residence 4, Downtown Dubai?
As of June 2024, the availability of apartments for sale in Residence 4, Downtown Dubai, has yet to be discovered. Interested buyers can contact a real estate agent or visit the property listing websites to check for available apartments.
What amenities are offered to residents of Residence 4, Downtown Dubai?
Residence 4, Downtown Dubai, offers a range of facilities to its residents, including a swimming pool, gymnasium, children’s play area, 24-hour security, and covered parking. The building also has a concierge service and a maintenance team to ensure the comfort and convenience of its residents.
What was the area’s previous name, now known as Downtown Dubai?
Before it was known as Downtown Dubai, the area was called Downtown Burj Dubai. The name was changed in 2010 to reflect the area’s growing prominence as a significant business and cultural hub in the city.
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