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Old Town Dubai is a unique residential community by Emaar in Downtown Dubai near Al Asayel Street (D72). Although called “Old Town,” the name reflects its traditional Arabian-style architecture, not the lifestyle. It's in the middle of modern Dubai, close to famous places like Burj Khalifa, Dubai Mall, and Souk Al Bahar.

Apartments for sale in Old Town feature 35 low-rise buildings and over 1,500 apartments, including 1-, 2-, and 3-bedroom units and a few spacious 4-bedroom penthouses. These flats for sale in Dubai have large living spaces, maids’ rooms, terraces, and fitted kitchens. Old Town is a pedestrian-friendly area surrounded by cafes, restaurants, and hotels along the lively Mohammed Bin Rashid Boulevard. It’s also within walking distance of major attractions like Dubai Mall, Burj Khalifa, Souk Al Bahar, and the Dubai Fountain. If you want to buy or invest in Dubai real estate properties, check out the apartments for sale in Old Town.

Types of Apartments for Sale in Old Town 

One-bedroom apartments as well as larger two-, three-, and even four-bedroom homes are available in Old Town, Dubai. The breakdown is as follows::

  • You can purchase or invest in one-bedroom apartments in Old Town if you're a couple or an investor seeking high rental yields. 
  • You can invest in the 2-bedroom apartments in Old Town if you want high rental appreciation.
  • The 3-bedroom apartments in Old Town are spacious with large living spaces, open terraces, and advanced amenities. 

Starting Price of Apartments for Sale in Old Town

The starting prices of Old Town apartments are mentioned below:

  • 1-Bedroom Apartment:  AED 2,150,000
  • 2-Bedroom Apartment:  AED 3,400,000

Note: Listed prices are based on current market data and may fluctuate.

Average Rental Price of Apartments for Sale in Old Town

The average rental prices of apartments for sale in the Old Town are below. These prices are indicative and may vary. 

  • 1-Bedroom Apartment: AED 150,000
  • 2-Bedroom Apartment: AED 192,500
  • 3-Bedroom Apartment: AED 312,500

Top Developers in Old Town

Some of the top developers worth mentioning in Old Town are

  • Emaar 
  • DAMAC
  • Sobha Realty
  • Nakheel
  • Meraas
  • Azizi Development

Neighborhood Info

Old Town residents can easily access top schools, healthcare facilities, parks, supermarkets, etc.

  • Top schools and nurseries in Old Town are Blossom Downtown Nursery Dubai, Dubai Gem Private School, and JSS International School. 
  • Several notable clinics are in Old Town, including Al Zahra Hospital Dubai, American Hospital Dubai, and Dubai London Hospital. 
  • Fitness enthusiasts can access gyms like GymNation Downtown Dubai, ReStart Fitness Center & Gym, and TOTAL FIT Dubai. 
  • Parks in the Old Town include Creek Park and Hor al Anz Pond Park. 
  • Supermarkets like Grandiose - Souq Al Bahar, Hippo Box Supermarket, and Allday Market Bahar are easily accessible. 
  • Old Town has Town Centre, Jumeirah, Times Square Centre, and Souq al Seef by Dubai Retail, where residents can shop, dine, and enjoy themselves. 

Furthermore, the community offers easy access to kids’ play areas, relaxing zones, pools, a gym, squash courts, an aerobics room, a games room, steam rooms, coffee shops, and an entertainment lounge.

Prime Location and Connectivity

Here’s a breakdown of nearby areas from Old Town: 

  • Burj Khalifa – 5 minutes 
  • Dubai Mall – 7 minutes 
  • Dubai Fountain – 5 minutes  
  • Souk Al Bahar – 3 minutes 
  • Dubai Opera – 7 minutes  
  • Sheikh Zayed Road – 5 minutes 
  • Business Bay – 8 minutes

Things to Do in Old Town

If you are living in the apartments in Old Town, here are a few things and activities you can do:

  • You can head to Ski Dubai inside the Emirates Mall, just a short drive away, for snowboarding or indoor zip-lining.
  • If you prefer to spend time outdoors, you’ll love Al Barsha Pond Park, a spot for jogging, cycling, or a laid-back picnic. 
  • You can stroll through a wonderland of floral displays and vibrant photo ops in Dubai Miracle Garden.
  • Visit Al Shindagha Museum in the historic Al Shindagha district along the Dubai Creek to learn about the region's history and the landmarks and traditions of Old Dubai.
  • Visit Al Fahidi Historical Neighbourhood to wander through charming lanes, traditional wind-tower houses, and museums.
  • Hop on a traditional abra ride across Dubai Creek for a scenic city view. 
  • Visit the Dubai Frame for stunning panoramic views of old and new Dubai.
  • If you love shopping, check out Meena Bazaar, which is packed with affordable shops, street snacks, and a buzzing vibe.

FAQs

1. Why is investing in Old Town apartments good?

Investing in Old Town Dubai is smart because it offers strong rental returns in a prime downtown location. This area offers high rental demand compared to neighboring areas. 

2. Are apartments in Old Town affordable? 

No, Old Town apartments are generally not cheap or the most affordable option in Dubai.

3. Where exactly is Old Town located?

Old Town is a part of Downtown Dubai. It's a sub-community close to Al Asayel Street (D72) and known for its traditional Arabian architecture. 

3. Which areas are suitable for finding apartments near the Old Town?

Downtown Dubai and Business Bay are good areas to find apartments near Old Town. 

4. Is Old Town a family-friendly community?  

Yes, Old Town (in Downtown Dubai) is a family-friendly community, known for its peaceful atmosphere, pedestrian-friendly environment, and amenities.