Langham Place Downtown Dubai is a 5-star hotel complex consisting of several buildings located in Business Bay. The developer of the project is Omniyat Properties – a developer specializing in premium class real estate. The company has been on the market since 2005. The architect is Jouzy Consulting Engineers. Development began in August 2015 and is still ongoing.
Langham Place Downtown Dubai provides its residents with luxury studios and apartments with 1 or 2 bedrooms. Among the amenities, residents have access to beauty salons, spas, equipped gyms, children’s and regular pools, restaurants, retail outlets, dry cleaning, and food delivery services. The complex also features private parking, 24-hour security and a concierge service.
Langham Place Downtown Dubai properties range in size from 467-2051 square feet. The starting price of the property ranges from AED 1,122,000 (USD 305,500).
Langham Place Downtown Dubai is a premium hotel complex with first class service. Due to its location in the popular business district of the emirate, such real estate will be in considerable demand and can become a quality investment asset. Representatives of international delegations wishing to work in Dubai often stay in the Business Bay area.
Moreover, real estate in Langham Place, Downtown Dubai may be of interest to visiting expats and tourists. Due to its convenient location and availability of many modern amenities, the payback period of the complex is estimated at 5.08% per annum.