Deyaar Launches ‘Downtown Residences’, a New Supertall Tower in Business Bay
- Michael Ghobrial
- Jun 10
- 2 min read
Dubai-based developer Deyaar has unveiled Downtown Residences, a supertall residential tower in Business Bay featuring five basement levels, 12 podiums, and 97 storeys housing 522 high-end apartments. While the exact height hasn’t been released, towers with similar profiles in Dubai typically stand between 450 and 530 metres tall.
The project is the latest entrant in Dubai’s expanding roster of towers with over 100 storeys, including notable developments like Burj Binghatti Jacob & Co, Bayz 101/102, Six Senses Residences, Franck Muller Aeternitas and Avior by Acube. A parallel announcement from Meraas on 9 June revealed Jumeirah Residences Emirates Towers, bringing 754 units to a heritage setting behind the existing Emirates Towers. Additionally, the Burj Azizi mega-tall tower (720 m) adds another record-breaking structure to Dubai’s skyline.
Strategic Significance
“Downtown Residences” positions Deyaar to meet rising investor demand and capitalise on record-breaking sales values in downtown Dubai’s luxury property market. Completing the tower places Deyaar firmly alongside leading developers in the city’s supertall sector.
Delivery Partners and Project Team
Deyaar Development: Owner and lead project manager
Architect: In-house design team or external consultant (to be confirmed)
Structural & MEP Engineers: Likely regional or international firms, experienced in high-rise delivery
Main Contractor & Specialists: To be appointed under tender, handling core construction, façade, vertical transportation, podium works and MEP systems
Risk Assessment
Construction Complexity
Tall structures face heightened wind load, vertical transportation systems and foundation design demands—specialist engineering is essential.
Market Risk
Luxury segment sales may soften if broader property trends shift, off-plan risk remains a factor.
Schedule & Cost
Raw material prices, regulatory approvals, especially for high-rise compliance, and labour availability pose challenges to budget and timelines.
Impact Analysis
Economic Impact
Supports high-value sales and rental investments
Drives demand for engineering, vertical transport systems, facade specialists and luxury fittings
Urban Design & Skyline
Enhances Business Bay’s high-rise identity and Dubai’s global image
Podium architecture will contribute to street-level vitality in the district
Social Impact
Delivers new residential options in the urban heart of the city
May necessitate additional community services, utilities and transport access
Outlook and Market Position
“Downtown Residences” strengthens Deyaar’s credentials as a major player in Dubai’s premium residential market. Success will hinge on securing green finance, future-proofing building systems, and ensuring alignment with investor expectations and market timing.
Should the project align with Dubai’s accelerated construction timeline, it could commence vertical work as early as late 2026, with handover scheduled for around 2029, potentially aligning with Expo legacy demand and business momentum in the area.
