Real Estate

The Residence Tower 3, Downtown Dubai: A Luxurious Living Experience

The Residence Tower 3 is a 41-story tower in Downtown Dubai’s bustling area. It is part of The Residences, a collection of nine buildings offering luxurious living spaces in the heart of the city.

Residents of The Residence Tower 3 can enjoy stunning views of the city skyline and the surrounding areas. The tower features spacious apartments that provide residents with the utmost comfort and convenience. The apartments are available in various sizes, from one to four bedrooms, and are fully equipped with modern amenities.

Some key features of The Residence Tower 3 include:

  • High-speed elevators
  • 24-hour security
  • Covered parking
  • Swimming pool
  • Gym
  • Steam room and sauna
  • Children’s play area
  • Barbecue area

Overall, The Residence Tower 3 is an excellent choice for those looking for a luxurious living experience in the heart of Dubai.

Overview of The Residence Tower 3

The Residence Tower 3 is a 41-story residential tower in Downtown Dubai, United Arab Emirates. It is one of nine buildings in The Residences, a luxurious complex on Sheikh Mohammed bin Rashid Boulevard. The tower offers stunning views of the Burj Khalifa, the world’s tallest building, and the Dubai Fountain, the world’s most extensive choreographed fountain system.

Location and Connectivity

The Residence Tower 3 is in Downtown Dubai, a thriving district known for its world-class shopping, dining, and entertainment options. The tower is situated on Sheikh Mohammed bin Rashid Boulevard, a major thoroughfare that connects Downtown Dubai to other parts of the city. The tower is also near the Dubai Metro, which offers convenient access to different areas of Dubai.

Architectural Design

Residence Tower 3 boasts a sleek and modern design that seamlessly blends with the surrounding skyline. The tower features spacious apartments with high ceilings and floor-to-ceiling windows that provide breathtaking views of the city. The building has state-of-the-art amenities, including a swimming pool, a fitness center, and a children’s play area.

Historical Significance

The Residences, including Residence Tower 3, are part of Dubai’s ambitious development plan. The city has undergone a massive transformation over the past few decades, constructing numerous skyscrapers and other iconic structures. The Residences, in particular, are a testament to the city’s commitment to creating world-class living spaces that offer luxury, comfort, and convenience.

Its prime location, stunning views, and state-of-the-art amenities make it ideal for those who seek a sophisticated and comfortable lifestyle in one of the world’s most vibrant cities.

Residential Units

The Residences Tower 3 in Downtown Dubai offers a variety of luxurious residential units that cater to different lifestyles and preferences. The tower features spacious, fully furnished one, two, and three-bedroom apartments and penthouses.

Apartment Types and Sizes

The tower offers a range of apartment types and sizes to suit different needs. The 1-bedroom apartments are approximately 1,000 sq. ft., while the 2-bedroom apartments range from 1,400 to 1,800 sq. ft. The 3-bedroom apartments are the largest, with a length of around 2,500 sq. ft. On the other hand, the penthouses are even more spacious, with a height of approximately 6,500 sq. ft.

Features and Furnishings

All of the apartments in The Residences Tower 3 come fully furnished with high-quality fittings and finishes. Each unit features a balcony that offers amazing views of the surrounding area, including the iconic Burj Khalifa. The apartments also have modern amenities such as a fully equipped kitchen, high-speed internet, and cable TV.

Availability and Occupancy

The Residences Tower 3 is a highly sought-after residential tower in Downtown Dubai, and as such, its units are limited. However, some units are still available for sale or rent.

In summary, The Residences Tower 3 offers a range of luxurious and spacious apartments and penthouses fully furnished with high-quality fittings and finishes. The tower is ideal for those seeking a comfortable and lavish lifestyle in the heart of Dubai.

Amenities and Facilities

Residence Tower 3 in Downtown Dubai provides a selection of services and facilities that cater to the needs of its residents. The tower boasts a modern and luxurious design complemented by state-of-the-art facilities.

Recreational Amenities

Residents of The Residence Tower 3 can enjoy various recreational amenities, including a swimming pool, badminton court, and event space. At the same time, the badminton court offers residents the opporResidents is ideal for hosting can unwind in a spacious outdoor pool surrounded by family.

Health. TheFitness

The tower features a well-equipped gym, perfect for residents who want to stay fit and healthy. The gym is manned by knowledgeable trainers who can provide individualized training sessions and includes the newest exercise equipment. The tower also has a sauna and steam room, perfect for relaxing after a workout.

Security and Maintenance

Residence Tower 3 has 24-hour security and maintenance services to guarantee that citizens are always safe and comfortable. The tower also has guest services, pet-friendly policies, and parking facilities for the convenience of residents and their guests.

In summary, Residence Tower 3 in Downtown Dubai offers a range of amenities and facilities that cater to the needs of its residents. From recreational amenities to health and fitness facilities, the tower has everything residents need to live a comfortable and luxurious lifestyle.

Neighborhood and Lifestyle

The Residence Tower 3 in Downtown Dubai offers a luxurious lifestyle with various local attractions, shopping and dining options, and educational institutions.

Local Attractions

The most prominent attraction in the area is the Burj Khalifa, the tallest building in the world. Visitors can tour the building or enjoy the stunning city views from the observation deck on the 124th floor. The Dubai Mall, next to the Burj Khalifa, is another popular attraction with over 1,200 retail stores, restaurants, and entertainment options.

Shopping and Dining

Residents of The Residence Tower 3 can access various shopping and dining options. The Dubai Mall features a selection of high-end and luxury brands. In contrast, The Dubai Mall, located in the same complex, provides a more relaxed shopping experience with a range of casual dining options.

Educational Institutions

Families with kids will find The Residence Tower 3 well situated close to several respectable educational establishments. JSS Private School and Horizon English School are both nearby and offer high-quality education for students of all ages.

Overall, The Residence Tower 3 offers a luxurious lifestyle with access to Dubai’s best local attractions, shopping and dining options, and educational institutions.

Investment and Market Trends

Rental Trends

The Residence Tower 3, Downtown Dubai, is famous for long-term and short-term rentals. The current rental price for a one-bedroom apartment is around AED 130,000 per year. The rental rates for two and three-bedroom apartments are higher, with an average of AED 200,000 and AED 300,000 per year, respectively.

Sales Market and ROI

Investing in The Residence Tower 3, Downtown Dubai, can be profitable. The tower’s ROI is above average, making it an attractive investment opportunity. The sales prices for apartments in the tower vary depending on their size, location, and floor plan. Interested buyers can contact real estate agencies such as Emaar Properties and Bayut for more information on available listings.

Real Estate Agencies and Listings

Real estate agencies are crucial in buying and selling properties in The Residence Tower 3, Downtown Dubai. Emaar Properties is a tower developer with a wide range of floor plans for buyers. Bayut is another reputable real estate agency offering listings for tower apartments. Interested buyers can also visit The Residence Tower 3, Downtown Dubai’s official website, for more information about available listings.

The tower’s ROI is above average, making it an attractive investment opportunity. Real estate agencies such as Emaar Properties and Bayut offer listings for apartments in the building. Interested buyers can contact these agencies for more information on available listings.

Living in The Residence Tower 3

Resident Experiences

In the center of Downtown Dubai, inhabitants of The Residence Tower 3 enjoy an opulent and cozy lifestyle. The tower offers a variety of roomy, contemporary apartments with breathtaking views of the city skyline. With high-end fixtures and fittings, the flats are made to offer inhabitants a high level of life.

Residence Tower 3 offers its residents several facilities, such as a gym, a swimming pool, and round-the-clock security. Additionally, the tower provides easy parking for both locals and guests.

Community and Culture

The Residence Tower 3 is located in Downtown Dubai, a vibrant community known for its lively atmosphere and cultural attractions. The community offers residents a range of dining, shopping, and entertainment options, including the Dubai Mall, one of the largest shopping centers in the world.

The community also hosts various cultural attractions, including the Dubai Opera, which hosts yearly performances. The tower is close to the Burj Khalifa, the world’s tallest skyscraper, which offers residents stunning city views.

Living in Residence Tower 3 also allows residents to own a freehold property in Dubai, allowing them to sell, lease, or rent their property as they see fit. The tower‘s proximity to public transportation hubs and major highways facilitates inhabitants’ access to other parts of Dubai.

Residents of The Residence Tower, 3, enjoy an opulent and cozy lifestyle in the center of one of Dubai’s liveliest neighborhoods.

Practical Information

Moving In Process

Moving into The Residence Tower 3, Downtown Dubai, can be a seamless process with the help of the building management team. The team can assist tenants with the paperwork and formalities required for moving in. They can also provide information on the building’s policies and procedures, such as the move-in time slots and the use of elevators. Additionally, tenants can expect the following:

  • A designated parking space for each apartment.
  • A 24-hour concierge service to assist with any queries.
  • A secure building with 24-hour security.

Utilities and Services

Tenants of The Residence Tower 3, Downtown Dubai, can expect various utilities and services to be provided. These include:

  • DEWA (Dubai Electricity and Water Authority) connection and supply.
  • High-speed internet and cable TV connection.
  • Central air conditioning and heating.
  • Housekeeping and maintenance services.
  • Fully furnished apartments with modern appliances and amenities.

The Residence Tower 3 also offers an unfurnished apartment option for tenants who require it. However, tenants opting for an unfurnished apartment must arrange their utilities and services.

2 Bed Furnished Apartments

The Residence Tower 3, Downtown Dubai, provides a selection of apartments to suit different needs and preferences. For those who require a 2-bedroom apartment, fully furnished options are available. These apartments are spacious and modern, with high-quality finishes and appliances. Tenants can enjoy the following features:

  • Open-plan living and dining areas.
  • En-suite bathrooms in each bedroom.
  • Fully equipped kitchen with modern appliances.
  • Balcony with stunning views of Downtown Dubai.

Overall, tenants of The Residence Tower 3, Downtown Dubai, can expect a comfortable and convenient living experience with access to various amenities and services.

Frequently Asked Questions

What are the current rental rates for apartments in The Residence Tower 3?

As of June 2024, the current rental rates for apartments in The Residence Tower 3 in Downtown Dubai range from AED 160,000 to AED 250,000 per year. The rental rates vary depending on the size, type, and location of the apartment within the tower.

How do the amenities of The Residence Tower 3 compare to other downtown developments?

Residents of Residence Tower 3 have access to many facilities, such as a children’s play area, swimming pool, gym, and round-the-clock security. The skyscraper is situated in the center of Downtown Dubai, which is renowned for its opulent way of life and first-rate facilities. Residence Tower 3 is a well-liked option for buyers and tenants since, in contrast to other downtown constructions, it provides comparable amenities and services.

Can I find floor plans for The Residence Tower 3 online?

The Residence Tower 3 floor plans are available online on various real estate websites. Prospective renters and buyers can view and download the floor plans to understand better the layout and size of the apartments in the tower.

What types of apartments are available for rent in Residence Tower 3?

The Residence Tower 3 offers a variety of apartments for rent, including one-, two-, and three-bedroom units. The apartments are fully furnished and equipped with modern amenities, making them ideal for professionals and families looking for a comfortable and convenient living space in Downtown Dubai.

What are the average sale prices for properties in The Residence Tower 3?

As of June 2024, the average sale price for properties in The Residence Tower 3 ranges from AED 2.5 million to AED 5.6 million. The sale prices vary depending on the property’s size, type, and location within the tower.

Are there any recent reviews from residents of The Residence Tower 3?

  • There are no recent reviews available from residents of The Residence Tower 3. However, the tower has a good reputation among renters and buyers in the area, thanks to its prime location, luxurious amenities, and high-quality apartments.

مؤسّس منصة الشرق الاوسط العقارية

أحمد البطراوى، مؤسّس منصة الشرق الاوسط العقارية و منصة مصر العقارية ،التي تهدف إلى تبسيط عمليات التداول العقاري في الشرق الأوسط، مما يمهّد الطريق لفرص استثمارية عالمية غير مسبوقة

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