JRE · Joshi Real Estate
Address Grand Downtown
Sold outNshama Group

Address Grand Downtown

Business Bay, Dubai
From
AED 0
Handover
OCT 2028
Enquire
The Project
From
AED 0
Status
Sold out
Handover
OCT 2028
Size
from 0 sqft
Residences
Construction
0% complete
Furnishing
only kitchen
Service charge
30-35 AED/sqft
Buildings
1

Address Grand Downtown is a residential tower by Nshama Group, positioned in Business Bay and carrying the Address hospitality brand into a private-ownership format. Completion is scheduled for October 2028, with construction currently at 37 per cent.

# The Tower and Its Position in Business Bay

Business Bay has matured considerably over the past decade, shifting from a largely commercial corridor into one of Dubai's denser mixed-use districts. Address Grand Downtown sits within that grain, close enough to the Downtown core to benefit from its infrastructure and landmarks without being embedded in the tourist traffic of Mohammed Bin Rashid Boulevard.

The project is a single tower. Its dual outlook is one of the more considered aspects of the brief: one elevation faces the Burj Khalifa and the Downtown skyline, the other opens toward the Arabian Gulf. That kind of positioning is harder to engineer as the district fills in, which gives the tower a geographic advantage that will hold over time.

# Residences, Specification and Indoor-Outdoor Design

No unit count or size ranges are publicly confirmed at this stage, so specific square-footage figures remain pending. What the developer's documentation does detail is the material palette: marble flooring, wood veneer cabinetry, leather finishes, and quartz kitchen countertops with premium built-in appliances. Kitchens come fitted as standard. The wider residence is delivered unfurnished.

Retractable glass walls feature across the layouts, extending living areas onto external terraces and blurring the boundary between interior volume and open air. Ceiling heights are generous. These are design choices that photograph well but also function practically in a climate where mornings and evenings from October through April allow genuine outdoor living.

# Amenities: Wellness, Socialising and Active Use

Four amenity categories are confirmed for the building.

# What the facilities cover

The wellness offering sits under the label Exclusive Wellness, distinct from the Active Living component, which points to a separation between passive recovery and physical training. The Grand Club functions as the building's principal social space, supplemented by a Private Lounge. Details beyond these categories have not yet been released by the developer.

Service charges are indicated at 30 to 35 AED per square foot annually, which buyers should factor into yield projections and holding costs from handover onward.

# Location: Dubai Mall at 1.1 km, Airport at 14.7 km

The proximity figures are straightforward. Dubai Mall is 1.1 km from the tower, making it accessible on foot in most seasons. Downtown Dubai itself sits 2.5 km away. Burj Park, the open green space along the Burj Khalifa lake, is 3.4 km out.

Mercato Beach on the Jumeirah shoreline is 6.4 km, and Dubai International Airport is 14.7 km, a journey that rarely exceeds 20 minutes outside peak hours. For buyers who travel frequently, that proximity carries real practical value. Dewvale School in Al Quoz, at 8.5 km, is the nearest confirmed educational facility in the data, though the broader area has a denser schooling landscape than this single reference suggests.

# Who This Project Suits and Where It Sits in the Current Market

Address Grand Downtown is currently out of stock through the primary market. That status positions it primarily as a secondary-market opportunity, or one to monitor should additional inventory be released closer to handover.

The Address brand carries weight with GCC buyers and international purchasers who want the association of a managed hotel-hospitality name without a full hotel-unit structure. The kitchen-only furnishing specification places it in a segment where buyers either intend to occupy and fit out to personal taste, or hold and lease into the short-term rental market, where the brand recognition commands a measurable premium over generic residential product.

At 37 per cent completion with an October 2028 delivery, buyers entering now face roughly three years of construction exposure. For those comfortable with that timeline and the Business Bay submarket fundamentals, the dual-aspect views and Address branding make this a coherent mid-term hold.

Structure

Payment plan

Payment Plan
  1. Step 1
    10%
    On booking
  2. Step 2
    60%
    During construction
  3. Step 3
    30%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking10%AED 0
During construction60%AED 0
Upon Handover30%AED 0
Total100%AED 0
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Exclusive Wellness
Private Lounge
The Grand Club
Active Living
Setting

Location

Set in Business Bay, Dubai. Explore more in our Business Bay guide.

Nearby
  • Dewvale School Al Quoz8.5 km
  • Dubai Mall1.1 km
  • Burj Park3.4 km
  • Mercato Beach6.4 km
  • Dubai International Airport14.7 km
  • Downtown Dubai2.5 km
Resources

Documents

Escrow number
4031224702173083
Service charge
30-35 AED/sqft
Furnishing
only kitchen
Construction start
2025-06-10
Construction end
2028-10-31
0
Buildings
1
Readiness
0%
Buildings
  • Tower

    3, 4, 5 bedroom apartments & 3, 5 bedroom duplexes

Parking
  • 3 BR duplex2 spaces
  • 5 BR duplex2 spaces
  • 4 BR apartment2 spaces
  • 3 BR apartment2 spaces
Questions

Frequently asked

Who is the developer of Address Grand Downtown?+

Nshama Group

Where is Address Grand Downtown located?+

Address Grand Downtown is located in Business Bay, Dubai, United Arab Emirates.

When is Address Grand Downtown handing over?+

Handover is scheduled for OCT 2028; the project is 0% complete.

What is the price of Address Grand Downtown?+

Prices at Address Grand Downtown start from AED 0.

Is Address Grand Downtown registered with escrow?+

Yes, Address Grand Downtown has escrow number 4031224702173083 with the Dubai Land Department.

Enquire about Address Grand Downtown

Request brochure, availability or a viewing.

A JRE advisor will respond within one business hour with the current brochure, floor plans, unit availability and payment plan for Address Grand Downtown.

By sending this enquiry you agree to be contacted by a JRE advisor. See our privacy policy.