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PAYMENT PLAN
UNIT PRICE | AED 4,542,900 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 2,391,000 |
2. DLD Transfer fee 4% + 40 AED | AED 181,756 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 95,400 |
PAYMENT PLAN SCHEDULE
15-MAY-2026 | AED 239,100 |
On Handover (30-JUNE-2027) | AED 1,912,800 |
SUMMARY
Total on Transfer | AED 2,673,406 |
Total remaining Payment Plan | AED 2,151,900 |
TOTAL COST FOR BUYER | AED 4,825,306 |
ABOUT THIS DEAL
DEAL SUMMARY
This unit is a 2-bedroom apartment of 1,752 sq.ft on floors 50 to 58 at Rixos Financial Center Road, with city and canal views, and handover scheduled for Q2 2027. Asking price is AED 4,542,900, equivalent to AED 2,594 per square foot. Recent Dubai Land Department transactions across Downtown Dubai branded residences show comparable high-floor 2-bedroom pricing in the AED 2,500 to AED 3,500 per square foot band, placing this entry at the lower end of the comparable range on a like-for-like basis with meaningful undercut to the upper branded bracket.
Downtown Dubai branded residence gross rental yields typically run 5 to 6.5 per cent, supported by short-term rental demand, corporate housing tenants, and the hospitality-management overlay available under the Rixos brand. On handover, a conservative AED 240,000 to AED 290,000 annual rent assumption implies a gross yield in the 5.3 to 6.4 per cent range at the current asking price. The holding thesis is rental income through the first lease cycles with an exit option tied to Downtown Dubai secondary-market depth and the Accor-brand positioning that supports pricing power on resale.
PROJECT DESCRIPTION
OVERVIEW
Rixos Financial Center Road is a 75-storey supertall residential tower under development in Downtown Dubai, positioned along Financial Center Road within the central business and hospitality corridor of the emirate. The project is delivered by Das Real Estate through its East & West Properties subsidiary, with architectural design by Aedas and architect-of-record LACASA Architects & Engineering Consultants. Interiors are handled by XBD Collective, with Naresco Contracting as main contractor and Dutch Foundation Company on foundation works. Construction commenced in January 2024 with handover scheduled for Q2 2027. The tower reaches 345 metres across three basement parking levels, positioning it among the tallest residential buildings in Dubai, and comprises approximately 260 units across 1, 2, 3 and 4-bedroom apartments alongside duplex penthouses. The Dubai Land Department records the project value at AED 350 million, and the site replaces the cancelled Dubai Spring Tower scheme.
LOCATION AND MASTERPLAN CONTEXT
Downtown Dubai is bounded by Sheikh Zayed Road to the west and Al Khail Road to the east, containing the Burj Khalifa, Dubai Mall, Dubai Fountain and Souk Al Bahar as the principal landmarks. Financial Center Road is a primary arterial link between Downtown, DIFC and Business Bay, placing Rixos FCR at the junction of the residential, retail and financial cores of central Dubai. Neighbouring districts include Business Bay at approximately 1.6 kilometres, Dubai International Financial Centre at 2.4 kilometres and City Walk at a similar distance. The surrounding building stock is a mix of branded residences, hotel apartments and premium office towers.
TRANSPORT AND ACCESSIBILITY
The tower benefits from direct access to Sheikh Zayed Road and Al Khail Road via Financial Center Road. Typical drive times are approximately 9 minutes to Dubai Mall, 19 minutes to Burj Al Arab, 20 minutes to Palm Jumeirah and 23 minutes to The Walk at JBR. Dubai International Airport is reached in around 16 minutes and Al Maktoum International in approximately 41 minutes. Public transport provision is strong relative to most Dubai residential districts: the Burj Khalifa/Dubai Mall Metro station on the Red Line is within short walking distance, with additional bus and taxi coverage throughout the district. The metro link supports direct access to both ends of the Red Line corridor including the airport and the Jebel Ali commercial zone.
AMENITIES AND FACILITIES
Rixos FCR is planned with a hospitality-integrated amenity stack reflecting the Accor-branded positioning. Facilities include a sky-level pool and lounge at the 65th floor with hydromassage platform, a podium-level swimming pool with children's pool and play area, a gymnasium, padel tennis court, golf simulator, games room, boardroom, residents' lounge, running track, yoga deck, and spa with Turkish hammam, sauna and steam room. Service provision includes 24-hour security, concierge, valet, housekeeping, in-residence catering, personal shopping and childcare. Owners gain access to Accor Live Limitless loyalty privileges at Diamond status, providing upgrades and discounts at Accor properties globally, and to Rixos-brand ownership benefits across the network.
SURROUNDING INFRASTRUCTURE
Downtown Dubai provides the densest retail and hospitality infrastructure in the emirate. Dubai Mall is within immediate walking or short-drive distance, offering extensive retail, cinemas, Dubai Aquarium, the Ice Rink and KidZania. Additional leisure provision includes Bay Avenue Park, The Block, and dining within Souk Al Bahar and The Dubai Edition. Education in the wider catchment includes Citizens School, Hartland International School and North London Collegiate School Dubai, all within approximately 3 kilometres. Healthcare is served through clinics and hospitals in Business Bay, DIFC and Al Satwa. Hospitality density includes Address Dubai Mall, The Dubai Edition, Vida Downtown, and multiple serviced-apartment operators within walking distance.
MARKET POSITION AND INVESTMENT CONTEXT
Downtown Dubai is the most liquid residential district in the emirate, with established secondary-market depth across both branded and non-branded inventory. The developer reported a full sell-out of USD 680 million in residences within three months of launch, reflecting strong primary demand for the Rixos-branded product. Recent Dubai Land Department transactions across Downtown Dubai branded residences typically register in the AED 2,500 to AED 3,500 per square foot band for comparable high-floor 2-bedroom stock. Branded residence rental yields in Downtown Dubai typically run 5 to 6.5 per cent gross, supported by short-term rental demand, corporate housing, and the hospitality-operator management overlay that characterises the Accor-brand positioning.
CONCLUSION
Rixos Financial Center Road suits investors seeking exposure to branded Downtown Dubai residential inventory with hospitality-integrated service provision and an Accor global-loyalty overlay. The combined appeal of Downtown liquidity, supertall-tower pricing power, and Rixos brand positioning supports a holding thesis oriented toward either long-hold rental income or branded-residence secondary-market liquidity post-handover. Principal risks are construction-timeline exposure through Q2 2027, the concentration of new Downtown Dubai branded supply coming to market simultaneously across 2026 to 2028, and the premium pricing point relative to non-branded Downtown alternatives. The tower sits at the intersection of Downtown district liquidity, Aedas-designed supertall build quality, and the Accor hospitality brand stack.