ORO24: rapid scaling in the mid-market, and how to price that risk
A developer that built a large pipeline quickly in Arjan and the growth clusters. What to verify when the pipeline is bigger than the delivery record.
The Central Downtown
Arjan · Aqua Properties
Project factsheet
Storeys 31
Units in the building 1,168
Developer Aqua Properties
Status Under development
District Arjan
Photos and renders of the building and grounds — not of this particular unit.
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About the building
Located in Arjan. Developer — Aqua Properties. Architect — Chawla Architectural & Consulting Engineers.
What the building has
- Gym
- Spa and sauna
- Children's area
- Shops
- Sports courts
- Barbecue area
Specifications for The Central Downtown per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
The Central Downtown is a residential complex of several buildings in Arjan, currently under construction.
The developer is Aqua Properties. The architecture is by Chawla Architectural & Consulting Engineers.
The complex holds 1,168 apartments in total. The tallest tower rises 31 storeys.
The database currently holds 2 lots in this project, from 1,144,700 AED; 1 of them priced below the market, the deepest discount 13%.
What the complex has
Gym
Spa and sauna
Children's area
Shops
Sports courts
Barbecue area
Where it is
Lots in this project — 2
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about The Central Downtown
Who is the developer of The Central Downtown?
Aqua Properties. The architecture is by Chawla Architectural & Consulting Engineers.
How many floors does The Central Downtown have?
31 — that is the tallest building of the complex. The complex has 1,168 apartments.
When is The Central Downtown handed over?
The project is under construction. I check the exact date for a particular unit in the contract before the deal.
Where is The Central Downtown?
Arjan. A dense apartment district beside Dubai Science Park, best known to visitors for Miracle Garden and to investors for its yields.
How much does an apartment in The Central Downtown cost?
The database currently holds 2 lots in this project, from 1,144,700 AED; 1 of them priced below the market, the deepest discount 13%. Prices move every day, so it is worth asking for the current list for this building.
What is on site at The Central Downtown?
Gym, Spa and sauna, Children's area, Shops, Sports courts, Barbecue area. The list comes from the project description and covers the whole complex.
In the news
What has been written about Arjan, the developer and off-plan
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Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
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