Who is this project best suited for?

Buyers focused on address, short-let income and resale resilience rather than entry-level yield.

What is the payment plan?

20% on booking, 50% during construction and 30% on handover.

When is handover expected?

Q1 2027 per the developer's current schedule.

What additional buying costs should be considered?

A 4% DLD transfer fee, registration and trustee fees, holiday-home licensing if you short-let, and premium service charges.

Can non-residents buy in this project?

Yes. Downtown Dubai is a designated freehold zone.

What are the main risks?

Compressed long-let yield, short-let regulatory exposure and high service charges.

Select Group

Downtown Atrium Tower

Downtown DubaiUnder construction

Starting price: AED 3.2M
Handover: Q1 2027
Property types: 1 Bedroom, 2 Bedroom, Penthouse

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Project overview

A branded-finish tower with Burj Khalifa views from the upper floors. Positioned at the premium end of Downtown, aimed at buyers who prioritise address and short-let performance over entry price.

Developer: Select Group
Location: Downtown Dubai
Starting price: AED 3.2M
Unit types: 1 Bedroom, 2 Bedroom, Penthouse
Unit sizes: 820 – 4,100 sq ft
Completion: Q1 2027 (Under construction)
Payment plan: 70/30 — 20% down payment, 50% during construction, 30% on handover
Ownership type: Freehold — open to all nationalities
Service charge estimate: Estimated AED 25 – 32 / sq ft per year
Indicative gross yield: 5.2% – 8.4% (short-let)

Independent assessment

Our read on this project

Pricing sits at the top of the Downtown range and compresses gross yield on a long-let basis. The case works mainly on short-let performance and on the scarcity of new supply inside the Downtown core — both of which carry regulatory and cyclical exposure.

Best suited for: Buyers prioritising address, short-let performance and resale resilience over entry yield.
Investment horizon: 5 – 8 years, with income sensitive to tourism cycles.
Main concerns: Entry price per square foot compresses long-let yield.
Short-let income depends on tourism cycles and licensing rules.

Prepared independently from research and public data. It is context for your own due diligence, not investment advice.

Why this project may be worth reviewing

Downtown records the highest short-let nightly rates in the city.
Limited new supply within the Downtown core supports resale pricing.
Branded interiors reduce owner fit-out cost before first letting.
Upper-floor Burj Khalifa views command a measurable premium at resale.

Risks and considerations

Shown at the same weight as the strengths above, because both change the decision.

Yield compression
High risk
The high entry price means long-let yields sit below mid-market districts.
Short-let regulation
Medium risk
Holiday-home income depends on licensing that can change, and on building rules that may restrict short lets.
Service charges
High risk
Premium amenity provision drives some of the highest service charges per sq ft in Dubai.
Delivery timing
Low risk
Q1 2027 handover; branded fit-out schedules can add a quarter.

Payment plan

20%On booking
Plus 4% DLD transfer fee and registration costs
50%During construction
30%On handover

What this means for you

A balanced plan: a fifth up front, half across construction and the remainder at handover. At this price band the absolute cash amounts are large, so confirm mortgage pre-approval early if you intend to finance.

Unit types and prices

Unit type	Starting size	Starting price	Availability
1 Bedroom	820 sq ft	From AED 3.2M	Limited
2 Bedroom	1,450 sq ft	From AED 5.1M	Available
Penthouse	4,100 sq ft	On request	On request

Indicative pricing and availability, not confirmed inventory. Last reviewed 2026-07-28. Current availability is confirmed with the developer at the time of enquiry.

Area context — Downtown Dubai

The city's prestige core around Burj Khalifa and Dubai Mall. Prices per square foot are among the highest in the emirate, supported by tourism and corporate demand.

Average price: AED 2,600 / sq ft
Typical gross yield: 5% – 6%
Transport and infrastructure: Burj Khalifa/Dubai Mall metro, 15 minutes to DIFC and DXB.
Average rent: AED 135,000 / year (1BR)

Read the full Downtown Dubai area guide

Developer profile

Select Group

A private Dubai-based developer focused on residential towers in waterfront and central locations, often with branded interior partnerships.

Selected completed projects

Peninsula · Studio One · Marina Gate · The Residences at Marina Gate

Delivery track record

A consistent record on mid- and high-rise towers. Confirm escrow milestones and specification schedules before signing.

Who this may suit

Rental-income buyer

Only compelling on a short-let basis, which requires active management and carries seasonality.

Capital-growth buyer

Constrained Downtown supply supports pricing, though the entry point is already high.

End user

A strong fit for buyers who want a central address and branded finishes.

Golden Visa buyer

All unit types exceed the commonly referenced AED 2M threshold. Approval remains at the authorities' discretion.

Educational context only. Returns are not forecast and residency eligibility is decided by the UAE authorities.

Amenities

Sky lounge
Private cinema
Temperature-controlled pool
Valet parking
Branded interiors
Wellness floor

Video

Downtown Atrium — interior tour

Location

Burj Khalifa
600 m
Dubai Mall
900 m
DIFC
2.4 km

Comparable projects

Selected on budget, area and handover window — not on commission.

Marina Horizon Residences

Starting price: AED 1.65M
Area: Dubai Marina
Handover: Q4 2027
Payment plan: 60/40

Compare with Downtown

Sand Court Villas

Starting price: AED 2.45M
Area: Dubai South
Handover: Q2 2028
Payment plan: 80/20

Compare with Downtown

Open all three in the comparison tool

Frequently asked questions

Who is this project best suited for?: Buyers focused on address, short-let income and resale resilience rather than entry-level yield.
What is the payment plan?: 20% on booking, 50% during construction and 30% on handover.
When is handover expected?: Q1 2027 per the developer's current schedule.
What additional buying costs should be considered?: A 4% DLD transfer fee, registration and trustee fees, holiday-home licensing if you short-let, and premium service charges.
Can non-residents buy in this project?: Yes. Downtown Dubai is a designated freehold zone.
What are the main risks?: Compressed long-let yield, short-let regulatory exposure and high service charges.

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