DAMAC Mandarin Oriental Residences

Luxury Apartments Downtown

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DAMAC Mandarin Oriental Residences in Downtown Dubai

Project Overview

  • Developer
    DAMAC Properties × Mandarin Oriental Hotel Group

  • Location
    Downtown Dubai, Wasl Tower

  • Status
    Off-plan

  • Handover Date
    Q4 2028

  • Property Types
    2–5 Bedroom Branded Apartments & Penthouses

  • Payment Plan
    70:30

  • Starting Price AED 22M (approx.)

  • Developer : EMAAR Properties
  • Location : Rashid Yachts & Marina, Mina Rashid
  • Status : Off-plan
  • Handover Date : Q4 2025
  • Property Types : 1–4 Bedroom Apartments, Penthouses
  • Payment Plan : 80:20
  • Starting Price : AED 1.3M (approx.)

Project Highlights

  • Branded by Mandarin Oriental – world-class hospitality and design
  • Hotel-level services including housekeeping, valet, and concierge
  • Panoramic Burj Khalifa and Dubai Fountain views
  • Private pools, wellness zones, and curated interiors
  • RERA-approved and escrow-secured

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Location & Connectivity

  • 2 mins to Burj Khalifa and Dubai Mall
  • 10 mins to DIFC and Business Bay
  • 15 mins to Dubai International Airport
  • Nearby: luxury retail, fine dining, metro station

Master Plan & Amenities

  • Infinity pool and spa retreat
  • Fitness center and wellness lounge
  • Residents’ library and business hub
  • Private valet, concierge, and lifestyle services
  • 24/7 security and smart access systems

Property Types & Floor Plans

Type Size Range Bedrooms Price Range (AED)
Apartment
2,500–6,000
2–5 BR
22M–65M
Penthouse
7,000+
5 BR
On request
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Project video

Payment Plan Breakdown

Booking : 10%

During Construction : 70%

On Handover (Q4 2025) : 20%

Booking

%10–20
  • Of the total price

During Construction

%40–60
  • Of the total price

On Handover (Q4 2028)

%20–30
  • Of the total price

Investment Potential

Rental Yield

Premium short-term rental potential

Capital Appreciation

Extremely high due to branding and hospitality services

Golden Visa Eligibility

Yes (AED 2M+ investment)

Freehold Ownership

Available for all nationalities

Rental Yield

Estimated 6–8% annually

Capital Appreciation

High due to waterfront location

Golden Visa Eligibility

Yes (AED 2M+ investment)

Freehold Ownership

Available for all nationalities

Developer Profile

DAMAC Properties

A landmark collaboration between DAMAC Properties and Mandarin Oriental Hotel Group, delivering branded hospitality residences with unmatched service, design, and global prestige.

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FAQs

Are DAMAC Mandarin Oriental Residences freehold?

Yes, they’re located in a freehold zone open to all nationalities.

Can I get a mortgage?

Yes, UAE banks offer financing for both residents and non-residents.

Is the project RERA-approved?

Yes, all payments are secured via escrow accounts.

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More details about the project

This is a short introduction to the project, giving a quick overview of the main idea and purpose.