NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C

Address Grand Downtown

Under Construction · Due Q2 2028|80 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Address Grand Downtown is an under-construction apartment development by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C in Downtown Dubai, Burj Khalifa, comprising 80 registered units. 60 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,808 per sqft. At AED 3,808 per sqft, Address Grand Downtown prices 24% above the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · ↑1.7% YoY

25.75MAED

Typical

3,808AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDowntown Dubai in Burj Khalifa

Drive times · typical

Downtown Dubai9 min · 2.9 km

DXB Airport14 min · 14.7 km

DIFC10 min · 4.1 km

Dubai Marina23 min · 22.1 km

Palm Jumeirah23 min · 24.4 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station0.6 km

MallMazaya Shopping Center (PR1063)0.3 km

SchoolSwim.Coach.Qasem0.3 km

HospitalAl Borj Medical Center0.3 km

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Address Grand Downtown3,808AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 4,106 – 11,093 sqft	80	25.75M	3,808	↑1.7%
3 Bed · Apartment 4,106 – 5,626 sqft	20			—
4 Bed · Apartment 4,803 – 4,806 sqft	42			—
5 Bed · Apartment 9,608 – 11,093 sqft	18			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide60 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Floor Analysis

last 24 months

Floors	Median PSF
All floors	60 sales
Floors 2-24	30 sales
Floors 25-53	30 sales

Median PSF · 60 sales

Floors 2-24 · 30 sales

Floors 25-53 · 30 sales

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
3 Oct 2025	4 Bed	Floor 9	4,803	17,140,888	3,569	—	Entry Level	Off-Plan Sale
25 Sep 2025	4 Bed	Floor 19	4,806	19,243,888	4,005	—	Standard	Off-Plan Sale
25 Sep 2025	5 Bed	Floor 53	11,093	60,691,888	5,471	—	Premium	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Address Grand Downtown

Compared with

Grande

PIX© PSF

3,723

Rank

#10 of 19

#9 of 19

Typical price

22.95M

Yield

—

Units

1,114

Sales

396

Rents

—

758

Developer

NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C

EMAAR DEVELOPMENT P.J.S.C.

Handover

Due 2028

2022

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Opera Grand EMAAR DEVELOPMENT P.J.S.C. · 2021 · Off-plan pricing	306					38	316
	One Residence GINCO PROPERTIES L.L.C · Due 2027 · Off-plan pricing	458					357	—
	The St. Regis Residences, Downtown Dubai EMAAR DEVELOPMENT P.J.S.C. · Due 2026 · Off-plan pricing	1,108					594	—
	Solara Tower Dubai S O L PROPERTIES DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	231					160	—
	Grande EMAAR DEVELOPMENT P.J.S.C. · 2022 · Off-plan pricing	1,114					396	758
10	Address Grand Downtown NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C · Due 2028 · Off-plan pricing	80	3,723	Subject	22.95M	—	60	—
	THE RESIDENCE \| Burj Khalifa EMAAR PROPERTIES (P.J.S.C) · Due 2024 · Off-plan pricing	35					38	—
	Downtown Views 2 EMAAR DEVELOPMENT P.J.S.C. · 2022 · Off-plan pricing	1,523					534	1,814
	Opulent Residences EAST & WEST PROPERTIES L.L.C · Due 2027 · Off-plan pricing	230					234	—
	City Center Residences DAR GLOBAL PROPERTIES L.L.C · Due 2026 · Off-plan pricing	384					191	—
	Downtown Residences DEYAAR DEVELOPMENT (P.J.S.C) · Due 2030 · Off-plan pricing	524					384	—

Community median 3,723 AED/sqft. Showing the closest-ranked peers of 19 ranked projects in the community. 24 community projects excluded for insufficient recorded sales. 75 excluded for trading only in the ready market. 17 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Solara Tower DubaiAED 3,809/sqft
Vida Dubai MallAED 3,846/sqft
The Address Dubai OperaAED 3,858/sqft
The Address Residence Fountain Views 3AED 3,748/sqft
AttareenAED 3,885/sqft
Emaar Square Bldg 4AED 3,724/sqft

Common questions about Address Grand Downtown

Answered from Dubai Land Department registered transactions.

How much does a property in Address Grand Downtown cost?

Property in Address Grand Downtown sells at a current PIX© price of AED 3,808 per sqft, or about AED 25,746,500 for a typical unit, based on 60 sales registered with the Dubai Land Department.

When is Address Grand Downtown handing over?

Address Grand Downtown is under construction, due q2 2028.

Who is the developer of Address Grand Downtown?

Address Grand Downtown is developed by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Address Grand Downtown?

Address Grand Downtown holds 80 registered units, per the Dubai Land Department unit register.

Have prices in Address Grand Downtown gone up or down?

Price per sqft has risen +1.7% over the last 12 months, to AED 3,808, across 60 registered sales.