Address Grand Downtown

Under Construction · Date not reported|80 units · 1 tower

Address Grand Downtown is an under-construction development by NSHMI DEVELOPMENT L.L.C in Downtown Dubai, 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 8% below the Downtown Dubai median of AED 4,145 per sqft on registered sales.

PIX© price · ↓2.1% 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

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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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

Select a unit to read its record.

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	↓2.1%
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

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
3 Oct 2025	4 Bed	Address Grand Downtown · Floor 9	4,803	17,140,888	3,569	-	Entry Level	Off-Plan Sale
25 Sep 2025	4 Bed	Address Grand Downtown · Floor 19	4,806	19,243,888	4,005	-	Standard	Off-Plan Sale
25 Sep 2025	5 Bed	Address Grand Downtown · 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

The St. Regis Residences - Tower 1

PIX© PSF

3,775

Rank

#13 of 21

#12 of 21

Typical price

23.79M

Yield

—

Units

643

Sales

346

Rents

—

Developer

NSHMI DEVELOPMENT L.L.C

EMAAR

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Opera Grand EMAAR · Completed · Off-plan pricing	339					39	456
	One Residence GINCO PROPERTIES L.L.C · U/C · Off-plan pricing	458					361	—
	Fairmont Residences Solara Tower S O L PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	231					158	—
	St Regis The Residences EMAAR · U/C · Off-plan pricing	1,110					554	—
	The St. Regis Residences - Tower 1 EMAAR · U/C · Off-plan pricing	643					346	—
13	Address Grand Downtown NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	80	3,775	Subject	23.79M	—	60	—
	Grande EMAAR · Completed · Off-plan pricing	1,112					377	961
	The Residence \| Burj Khalifa EMAAR · U/C · Off-plan pricing	35					39	—
	Rixos Financial Center Road Dubai Residences EAST & WEST PROPERTIES L.L.C · U/C · Off-plan pricing	230					232	—
	W Residences Downtown DAR AL ARKAN PROPERTIES L.L.C · U/C · Off-plan pricing	384					191	—
	Forte EMAAR · Completed · Off-plan pricing	1,124					278	1,484

Community median 4,145 AED/sqft. Showing the closest-ranked peers of 21 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 48 excluded for trading only in the ready market. 29 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.

GrandeAED 3,685/sqft
The Residence | Burj KhalifaAED 3,677/sqft
Rixos Financial Center Road Dubai ResidencesAED 3,565/sqft
W Residences DowntownAED 3,476/sqft
St Regis The ResidencesAED 4,145/sqft
The St. Regis Residences - Tower 1AED 4,145/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 25,746,807 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 in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Address Grand Downtown?

Address Grand Downtown is developed by NSHMI DEVELOPMENT 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 fallen -2.1% over the last 12 months, to AED 3,808, across 60 registered sales.