Aqua Properties
Four towers and 1,200 apartments above a shopping mall in Arjan — studios to three bedrooms, portal-listed from AED 599,888 with a December 2026 handover. The name says Downtown; the address does not.
The project is called The Central Downtown and it is not in Downtown Dubai. Its address, in the developer’s own words, is Arjan, Dubailand — a residential district east of Al Barsha South, roughly twenty-five minutes from Burj Khalifa on a good run. The name is a marketing label, and it is worth knowing that before you compare its price with anything actually downtown: at AED 1,242 per square foot for the portal-listed studio, it is priced as an Arjan building, which is the honest comparison. The second thing to know is that the developer’s public construction diary on its project page stops at September 2024, while the portal lists handover in December 2026.
The Central Downtown is Aqua Properties’ four-tower scheme in Arjan, a seven-acre mixed-use hub built above a shopping mall, with 1,200 apartments running from studios to three-bedroom homes and a stated 200,000 sq ft of amenities. It was the project that preceded The Community Sports Arena in the developer’s launch sequence, and the company describes it as award-winning.
What is actually for sale. The portal prices four units, one of each type, and together they tell you how this building is priced: a 483 sq ft studio at AED 599,888 (AED 1,242 per square foot), a 675 sq ft one-bed at AED 1,000,000 (AED 1,481), a 1,123 sq ft two-bed at AED 1,400,000 (AED 1,247) and a 2,244 sq ft three-bed at AED 2,200,000 (AED 980). The developer’s own ranges put studios between 465 and 548 sq ft, one-beds between 676 and 1,021, two-beds between 1,124 and 1,457 and the three-beds at 2,225 sq ft. Note the shape of that pricing: the one-bed is the most expensive per square foot and the three-bed is the cheapest, which is normal — small units always carry a premium per foot — but it means a three-bedroom buyer here is paying roughly two-thirds the rate of a studio buyer for the same building.
The name, and why it matters. “Central Downtown” is a product name, not a location. Arjan is a growing residential district on the Dubai-Al Ain Road side of the city, closer to Motor City, Dubai Hills and Al Barsha South than to Burj Khalifa. That is not a problem — Arjan has become one of the busier mid-market addresses in Dubai — but it does mean you should value this against Arjan comparables and not against Downtown, where the same money buys a fraction of the space. Anyone selling you the name rather than the address is selling you the wrong thing.
What the amenity list is really saying. Wave pool, mini golf, outdoor cinema, padel court, rock climbing wall, basketball court, jogging track, organic farm, rainforest, zen garden, dog park, golf simulator, daycare, beauty salon, business centre and a prayer room, spread across 200,000 sq ft. That is an unusually deep list for a mid-market Arjan project, and the density is the product: you are buying a self-contained complex rather than an apartment. The trade is cost and crowd. Two hundred thousand square feet of amenity across four towers means a substantial service charge and a lot of neighbours using the same pool, and 1,200 apartments in one hub means your future tenant is choosing between you and eleven hundred other landlords in the same complex.
The building over a mall. Living above a shopping centre is a genuine convenience and a genuine noise-and-footfall question. Ask which mall operator runs the retail, when it opens relative to the residential handover, and whether service charges include any contribution to the retail podium. A mall that opens after you do is a construction site under your window; a mall that opens before you is the reason you bought.
The completion question. The portal says December 2026. The developer’s project page carries no completion date at all, and its published construction updates stop in September 2024 — more than two years before the date you are being quoted. That gap is not proof of a delay, but it is a reason to ask for the current construction report, the escrow statement and the contractual date in the sale and purchase agreement before you commit. In a market where handover slips are common, the only date that protects you is the one in the contract.
Who it suits. A buyer who wants a small unit in a dense, amenity-rich complex with a mall downstairs, and who will rent to people working in the surrounding districts rather than to Downtown commuters. It suits less well anyone buying for capital growth on the strength of the name, or anyone who needs certainty on a 2026 move-in date without a contract to back it.
Compiled November 2026 from Aqua Properties’ own project page for The Central Downtown (four towers, 1,200 apartments, 7-acre site, size ranges, amenity list, terrace penthouse pricing, construction updates) and its related launch material; together with the listing portal’s record for the four priced units, floor plans, amenities and December 2026 handover. Completion dates and prices are the portal’s unless stated. The “award-winning” description is the developer’s own and has not been independently verified. Nothing here is a valuation.
This is one of the few Arjan projects where the portal prices every unit type, so the pricing structure is visible rather than guessed:
| Type | Portal size | Portal price | Per sq ft |
|---|---|---|---|
| Studio | 483 sq ft | AED 599,888 | AED 1,242 |
| 1-bedroom | 675 sq ft | AED 1,000,000 | AED 1,481 |
| 2-bedroom | 1,123 sq ft | AED 1,400,000 | AED 1,247 |
| 3-bedroom | 2,244 sq ft | AED 2,200,000 | AED 980 |
| Terrace penthouse | not published | From AED 2,380,888 (developer) | — |
The pattern is worth reading carefully. The one-bedroom carries the highest rate at AED 1,481 per square foot, the studio and two-bed sit close together around AED 1,245, and the three-bedroom drops to AED 980. That is a normal curve — but it also tells you where the developer expects demand: small units sell on rate, large units sell on total price, and the three-bed at 2,244 sq ft is effectively a different product competing with townhouses rather than with studios.
Two size notes. The portal lists the three-bedroom at 2,244 sq ft while the developer’s own page says 2,225 sq ft — a nineteen-square-foot difference that is probably a rounding or a plot variant, but confirm the exact unit on the plan. And the studio the portal prices at 483 sq ft sits in the middle of the developer’s 465–548 range, so unlike many listings this one is representative.
No payment plan is published for this project. The developer’s project page does not carry one, the portal records none, and there is no schedule in the public domain beyond a general “flexible” claim elsewhere in the group’s marketing. On a project quoting a December 2026 handover, the plan is where most of the risk sits: a short construction period means most of the money is due quickly, and a post-handover element is worth a great deal more here than it would be on a 2028 tower.
| Item | Rate | On the portal-listed studio |
|---|---|---|
| Purchase price | — | AED 599,888 |
| DLD transfer fee | 4% | AED 23,996 |
| Agency commission | typically 2% | AED 11,998, negotiable |
| Trustee and admin fees | fixed | a few thousand dirhams |
| Payment plan | not published | ask for the schedule |
Budget about AED 636,000 all-in on the studio before legal and finance costs. Then ask three questions in writing: what percentage is due before handover, whether any instalment is tied to construction milestones rather than calendar dates, and what happens to your money if handover moves. If the developer will not put a schedule in the reservation document, that is your answer.
One further caution specific to a project this size: with 1,200 apartments across four towers, handover may be phased by tower. Ask which tower your unit is in, whether it is in phase one, and what the handover sequence looks like — living next to two towers still under construction is a materially different first year.

The developer describes 200,000 sq ft of amenities and then lists them by category, which is unusually specific: recreation — basketball court, BBQ area, colour fountain, children’s play, mini golf, outdoor cinema, padel tennis, table tennis, wave pool and rock climbing wall; wellness — health club, jacuzzi, yoga room, open-air gymnasium and jogging track; community — beauty salon, business centre, daycare centre, multipurpose hall, changing rooms, family sitting areas, food kiosk and prayer room; and green space — an organic farm, a rainforest, a zen garden, a dog park and a golf simulator. The terrace penthouses add a private jacuzzi, pergola and two parking spaces.
Some of that list will be communal and free; some will be commercial. A beauty salon, a daycare, a food kiosk and a golf simulator are businesses, and businesses charge. Ask which facilities are inside your service charge and which are pay-per-use, and ask who operates the wave pool and the padel courts — a facility that is operated commercially can also be closed, re-let or repurposed after handover.
The honest read on the amenities: this is the most complete list in Arjan’s mid-market, and it is also the reason the service charge will not be at the bottom of the district’s range. If you are buying for yield, model a rate well above a plain building and see whether the rent still works.
Arjan sits in Dubailand, east of Al Barsha South, between Umm Suqeim Street and the Dubai-Al Ain Road corridor. It has become one of Dubai’s busiest mid-market residential districts: a dense grid of mid-rise buildings, a growing retail base, schools and clinics nearby, and quick access to Motor City, Dubai Hills Estate and Al Barsha. It is not Downtown, and it does not pretend to be once you are there.
What Arjan does well is value and convenience. Per square foot it is one of the cheapest freehold districts within reach of the western employment belt — Internet City, Media City, Jebel Ali — and it has a real rental market rather than a speculative one. What it does less well is beauty: it is a working residential district of closely packed towers, and the views from most buildings are other buildings. If you want a garden and a quiet street, this is the wrong part of the city.
The commute matters here more than the brochure suggests. From Arjan you are a drive from the Mall of the Emirates and Al Barsha, a longer drive from Downtown and the Trade Centre, and a reasonable drive south to Expo City and Al Maktoum International. There is no metro in Arjan; the nearest practical stations are on the Red Line to the west. Renters in Arjan generally drive or work nearby, and that is the tenant pool you should be pricing against.
The structural issue for a 1,200-unit complex in this district is supply. Arjan adds buildings continuously, and a tenant choosing between four towers in one hub has no reason to pay a premium for the address. Your rent is set by the district, and your occupancy is set by how well this particular complex is run.
For the wider area see our Arjan community guide.
No. It is in Arjan, Dubailand – the name is a product label. The developer's own page describes it as 'nestled in the heart of Arjan, Dubailand', and the portal lists the same area. It is roughly a twenty-five minute drive from Burj Khalifa, and it is priced as an Arjan building, not a Downtown one.
The portal prices four units: a studio at AED 599,888 (483 sq ft), a one-bed at AED 1,000,000 (675 sq ft), a two-bed at AED 1,400,000 (1,123 sq ft) and a three-bed at AED 2,200,000 (2,244 sq ft). Terrace penthouses start from AED 2,380,888 according to the developer.
The portal says December 2026. The developer's project page carries no completion date and its public construction updates stop in September 2024, so ask for the current schedule and rely on the date in the sale and purchase agreement.
Four towers with 1,200 apartments on a seven-acre site, built above a shopping mall, with a stated 200,000 sq ft of amenities. Handover may be phased by tower, so ask which phase your unit is in.
The developer lists a wave pool, padel tennis, basketball court, mini golf, outdoor cinema, rock climbing wall, health club, jacuzzi, yoga room, open-air gym, jogging track, organic farm, rainforest, zen garden, dog park, golf simulator, daycare, beauty salon, business centre and prayer room, among others. Some are likely to be paid services – ask which.
None is published. The developer's page carries no plan and the portal records none, only a general claim of flexibility elsewhere in the group's marketing. With a December 2026 handover, most of the money is due quickly, so get the schedule in writing before reserving.
Not published. With 200,000 sq ft of amenities across four towers and a mall below, expect a rate above a plain Arjan building. Ask for the estimate per square foot and model it into your yield.
It is one of Dubai's busier mid-market districts with a genuine tenant base rather than a speculative one, and it is relatively affordable per square foot. But Arjan adds supply continuously and this complex alone has 1,200 units, so your rent will be set by the district and your occupancy by how well the building is run.
No. Arjan has no metro; the nearest practical stations are on the Red Line to the west. Tenants here generally drive or work in the surrounding districts.
A Dubai group founded in 2005 that began as a brokerage and now develops through its AQUA Developments arm. The Central Downtown is one of two projects the group has on the listing portal – see our Aqua Properties developer profile.
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