Standpoint, Downtown
Size: 1,216 sq ft
2 Bedrooms
2 Bathrooms
Partial Fountain Views
Price: Dh125,000
A stone's throw from Dubai Opera, this two bedroom close to Burj Khalifa has dropped to Dh125,000 from Dh155,000 two years ago. "Arguably the nicest pool in the whole of Downtown". says McMahon.
Prices remain steep in the recently completed Address residences and the Old Town district.
Golden Mile, Palm Jumeirah
Size: 1,800 Sq ft
2 Bedrooms
3 Bathrooms
High Floor
Price: Dh120,000
The Palm was long known for its steep prices and heavy traffic. Both have calmed in recent years, though substantial construction work continues on the main stretch.
Christian Leaver, a property agent, said the high floor two bedroom apartment on the Golden Mile would have cost Dh145,000 earlier this year. Now it's going for Dh120,000. "If you want to live close to shops and restaurants and a large selection of beach clubs this is the apartment for you," she says.
The Springs 2
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Size: 2,258 sq ft
3 Bedrooms
3 Bathrooms
Close to pool & park
Price: Dh150,000
One of the larger Springs villas and in good condition compared to some of the older generation of two-bed terraced homes. Prices in the older communities like this one have dropped, though there is no public transport anywhere nearby. This three-bedroom villa was Dh175,000 two years ago and is now going for Dh150,000.
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