About Downtown Residences
Downtown Residences is a residential building by Deyaar Development, in Business Bay, Dubai. It rises 1 storeys (5 basement levels and a ground floor), built as a concrete structure with internal and external finishes. The project comprises 524 homes.
Key information
Developer
Deyaar Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Business Bay, Dubai
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 524
- Registered with DLD
- 03 Jun 2025
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 9009225826881008
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction1% complete
- Expected handoverTBC
Construction progress
7 inspection photos from the Dubai Land Department. Latest 22 Jun 2026 at 1% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
13 Elevators
117 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
394
Median price
AED 2.6M
Median price / sqft
AED 3K+1%
Off-plan share
100%
Priced 63% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 217 | 857 sqft | AED 2.3M | AED 3K |
| 2 Bed | 148 | 1,339 sqft | AED 3.8M | AED 3K |
| 3 Bed | 28 | 2,314 sqft | AED 7.0M | AED 3K |
| 4 Bed | 1 | 5,964 sqft | AED 21.3M | AED 4K |
Price per sqft by year
+1% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 08 Sept 2026 | Off-plan | 1,105 sqft | AED 3.3M | AED 3K |
| 02 Sept 2026 | Off-plan | 1,103 sqft | AED 3.5M | AED 3K |
| 02 Sept 2026 | Off-plan | 896 sqft | AED 2.3M | AED 3K |
| 31 Aug 2026 | Off-plan | 903 sqft | AED 2.7M | AED 3K |
| 31 Aug 2026 | Off-plan | 844 sqft | AED 2.7M | AED 3K |
| 31 Aug 2026 | Off-plan | 2,718 sqft | AED 7.4M | AED 3K |
| 31 Aug 2026 | Off-plan | 913 sqft | AED 2.5M | AED 3K |
| 31 Aug 2026 | Off-plan | 901 sqft | AED 2.5M | AED 3K |
Unit mix
524 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 2 | - |
| 1 B/R | 234 | 765 - 914 sqft |
| 2 B/R | 213 | 1,100 - 2,718 sqft |
| 3 B/R | 66 | 1,641 - 4,741 sqft |
| 4 B/R | 8 | 5,286 - 5,964 sqft |
| 5 B/R | 1 | 18,330 sqft |
Payment plan
Payment plans are set by Deyaar Development and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
Downtown Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 1% complete.
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