Be impressed with the historic neighborhood in Dubai for a glimpse into Dubai's past, The Creek's legendary presence is still felt today as fisherman and traders criss-cross the tranquil waters in their traditional way of life, formerly the gateway to the Gulf's most successful pearl diving port. Old Town is the region's sole low-rise residential complex, and it's close to Dubai's downtown area. Emaar Properties, a major developer in the region, is behind it. The term 'Old' refers to the architectural style that was employed to build this structure. The development of the region was completed in 2006. When compared to the surrounding communities, the homes in this area are considerably unique. The low-rise structures are reminiscent of traditional Arabian architecture, which is more prevalent in Dubai's older areas. Downtown Dubai, the bustling heart of the city, is one of the few places in Dubai that is clearly recognized even by visitors. The earthy tones and scenery make it appealing to sit outside on patios and balconies and take in the vista of the Burj Khalifa. The neighborhood has indoor and outdoor children's play areas, as well as a children's swimming pool and a clubhouse, making it ideal for families. With intriguing sites, superb restaurants, large stores, and a multitude of entertainment options, living in this ultra-modern metropolis is probably the pinnacle of what it means to live the high life.
Dubai is a city steeped in history and legacy, and the emirate is home to a rich culture stretching back hundreds of years, in addition to skyscrapers, five-star hotels, and beach resorts. Old Town is a creditable attempt to establish a human size quarter in the capital of this skyscraper metropolis, located in the shadow of the world's tallest structure, the Burj Khalifa. These excellent sites provide a stunning living space in Dubai. The Old Town development is envisioned as a masterwork of architecture that effortlessly blends residences, boutique offices, hotels, and retail centers. This makes life in this region incredibly convenient and comfortable. Within the 500-acre Downtown Dubai, Old Town Island, the neighborhood is highly regarded to be a vibrant community.
Old Town Real Estate Trends
Learn more about the Old Town property market through trends and average prices.
How affordable is it to live in Old Town?
The median sales price is approximately AED1,900,000 in Old Town The median price per square feet in Old Town is AED2,700 The Old Town area currently has 228 properties for sale
Popular Areas in Old Town
The living aspect in Old Town Dubai is everything from antique, despite the fact that the residential apartments have historical and traditional looks. It's in Dubai's most dynamic neighborhood, Downtown Dubai, which has been nicknamed "the center of now." Souk Al Bahar, Dubai Mall, Burj Khalifa, and the Dubai Fountain are all within walking distance because it is a pedestrian-friendly zone. It also gives inhabitants easy access to Mohammed Bin Rashid Boulevard, which is lined with coffee shops, restaurants, and other facilities for them to take use of. Sheikh Zayed Road, which connects the sub-community to a range of big hotels, exquisite restaurants, and high-quality educational institutions, is easily accessible. The Dubai Mall, Armani Hotel Dubai, The Palace Dubai Downtown, and Manzil Hotel are all nearby attractions that offer a taste of the ultimate Dubai lifestyle. Starbucks is only a short distance away. Old townDubai is a fun diversion from the rest of the city's opulent attractions. One of the greatest suggestions is to come and learn more about Dubai's historical center. The nearby Souk Al Bahar boasts over a hundred businesses, including 22 restaurants, cafés, and bars, and if that isn't enough, the Dubai Mall is only across the river. One of the city's oldest historical sites is Al Fahidi, originally known as Bastikiya. It was a commercial centre for textile and pearl merchants in the 1800s, located in the shadow of Al Fahidi Fort, which today houses the Dubai Museum.
In Old Town Dubai, there is the Manzil Downtown Hotel in addition to residential constructions. Its architecture is a blend of classic Arabesque and modern style. An outdoor pool with sun loungers is also provided, as is free Wi-Fi. Al Asayel Street runs through the Old Town neighborhood. The major motorway networks in Dubai are well connected to this location. A visit to the Dubai Museum paints a vivid image of the past. The ancient structure has a collection of life-size dioramas depicting Emirati life in the past. Take a trip through typical sceneries of Arab houses, souks, and mosques, as well as other activities that provide unique insights into life in the desert by the sea.
Types of Property in Old Town
Due to its distinctive architectural characteristics, properties in Old Town Dubai are in great demand. Over 1,500 residential apartments are scattered over six areas in 35 structures. The Yansoon area contains nine buildings, Reehan has eight, while Zafran and Miska each have five low-rise structures. In addition, each of the districts of Zanzebeel and Kamoon has four residential complexes. There are a variety of studios, one-, two-, and three-bedroom apartments available. Some of the flats in Old Dubai have views of the Dubai Fountain, while others face Mohammed Bin Rashid Boulevard. As a result, there is a price difference between renting and buying freehold apartments. There are additional maid's quarters, patios, and balconies in the residences. They have tile floors in most of the units. Because Dubai’s Old Town is a popular investment destination, demand for freehold homes in the region is strong. The districts of Reehan and Yansoon provide a diverse choice of possibilities. The available houses provide views of the community's lakes, Dubai's skyline, the Burj Khalifa, a portion of the Dubai Mall, and the Dubai Fountain. They have well-equipped laundry facilities, including washing machines.
What is the average price of a Property in Old Town?
Commercial centers such as Business Bay and DIFC are quite near Old Town Dubai. The core Internet City and Dubai Media City, on the other hand, may take more or less 25 minutes to arrive by vehicle. The community is also close to famous residential areas including Al Wasl, Al Safa, and Jumeirah, which offer a variety of entertainment options for families. Old Town is known for being a more tranquil portion of the busy Downtown Dubai district. While the Dubai Mall, with its regional, local, and worldwide retailers, is the area's primary shopping destination, inhabitants of Dubai Old City may visit the more laid-back Souk Al Bahar. It offers a variety of dining and retail alternatives, as well as distinctive specialty businesses that appeal to both locals and visitors. There is no shortage of eateries in Dubai's Old Town. There are 22 eateries in Souk Al Bahar alone, not to mention the other restaurants in Dubai Mall that cater to every budget. Restaurants on Mohammed Bin Rashid Boulevard and fine-dining businesses within the various hotels in the vicinity are also available. The Old Town Island is intended for elegant living, with everyday tasks as well as wonderful getaways just right outside the doorstep.
Top Reasons to Invest in Old Town
The nicest aspect about living in Old Town is that occupants can observe the New Year's Eve fireworks from their own residences. Anyone who lives in fountain-facing apartments may also see the Dancing Fountain from their balconies. Those who face Mohammed Bin Rashid Boulevard may see the various parades that take place throughout the year, such as those for National Day or the vintage car exhibition. The ideal position results in a stunning living place directly in Dubai. The Old Town development is envisioned as an architectural marvel that blends residences, boutique offices, hotels, and retail centers. As a result, living in this region is a really comfortable and simple experience. Being able to go for a walk in a traffic-free area close to the significant destinations. Homeowners are able to walk to the Boulevard, Souk Al Bahar, and Dubai Mall which is interestingly convenient.