Luxury Studio | Fully Furnished | Canal View
Elite Downtown Residence 1, Downtown Dubai, Dubai
AED 1,224,000
AED 2,348 per sqft
Studio Studio for sale in Elite Downtown Residence
- Type
- Studio
- Size
- 521 sqft
- Bedroom
- Studio
- Bath
- 1
- Parking
- 1
- Developer
- Triplanet Range
- View
- Community
- Ref no.
- AS-132693
- Completion
- Q1 2022
- Listed
- 10 months ago
About this property
fäm Properties is excited to offer this beautiful Studio apartment to the sale market. Situated in the popular Elite Downtown Residence - Burj Khalifa Area Downtown.
Property Details:
- Spacious Luxury Studio
- 1 Bathroom
- 521.40 sqft
- Fully Furnished With Integrated Appliances
- Built In Wardrobes
- Spacious Balcony With Canal View
- 1 Parking
- Tenanted Until September 26 At 78k
- High ROI
- Built In Wardrobes
- Perfect For Air B&B Business
Features:
- Handover 2022 - 3 Years Old Building
- 24 Security + CCTV
- Temperature Controlled Infinity Swimming Pool
- State Of The Art Gymnasium For Male + Female
- Sauna + Steam Room
- Children's Play Area
- Jogging Track
- Guest Assistance Services + Maintenance Staff
- Close to Public Transport
- Adjacent to South Ridge Park
Location:
- 7 Mins Drive to Dubai Mall
- 7 min drive to Business bay
- 10 min to City walk
- 10 mins drive to Jumeirah Beach
- 12 min drive to the Museum of the Future
- 15 min drive to DIFC
- 15 min drive to the International Airport
- 20 min drive to Burj Al Arab
Elite 1 Downtown Residence is a 29-storey residential building in Downtown Dubai. The project was developed by Triplanet Range Group through its subsidiary Triplanet Range Developements Company and completed in Jan 2022. The master developer is Emaar Properties.
What it has
- Steam Room
- Air Conditioning
- Furnished
- New Built
- Open Kitchen
- Elevator
- Smart home system
- Fitness Centre
- Kitchen Appliances
- Brand new
- Garage
- Waterfront View
- Balcony
- Privacy
- Investment Property
- Shared Pool
- Built In Wardrobes
- Lake View
- Shared Gym
- Pool
- Fitted
In the building
- Covered Parking
- Gym
- Security
- Shared Pool
- Central A/C
What Elite Downtown Residence sells for
Median price per sqft registered with the land department, by month. Asking prices are not in this — these are deals that completed.
See the figures
| Month | AED per sqft |
|---|---|
| Oct 2025 | 2,237 |
| Nov 2025 | 2,146 |
| Dec 2025 | 2,146 |
| Jan 2026 | 2,311 |
| Feb 2026 | 2,970 |
| Mar 2026 | 2,214 |
| Apr 2026 | 2,682 |
| May 2026 | 2,008 |
| Jun 2026 | 1,946 |
| Jul 2026 | 2,276 |
Demand in Downtown Dubai
How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.
See the figures
| Month | Transactions |
|---|---|
| Oct 2025 | 80 |
| Nov 2025 | 154 |
| Dec 2025 | 76 |
| Jan 2026 | 23 |
| Feb 2026 | 18 |
| Mar 2026 | 14 |
| Apr 2026 | 11 |
| May 2026 | 11 |
| Jun 2026 | 12 |
| Jul 2026 | 15 |
| Aug 2026 | 10 |
Mortgage calculator
An estimate on the asking price. A bank’s own arrangement and valuation fees are not in it, and the rate is yours to change.
- Number of payments
- 192
- Monthly instalment
- AED 6,481
- Total interest
- AED 326,361
- Amount borrowed
- AED 918,000
Estimated monthly
AED 6,481
Over 16 years at 4%
Location
Schools nearby
- Dubai International Private School - BrAmerican · KHDA good1.49 mi
- GEMS Our Own Indian SchoolIndian · KHDA very good1.49 mi
- Global Indian International School L.L.CIndian · KHDA good1.52 mi
- Japanese SchoolJapanese · KHDA good1.57 mi
- Iranian Towheed Boys SchoolIranian · KHDA good1.57 mi
- Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA very good1.61 mi
50 schools within five miles. Distances are straight lines, not driving time.
Also in Elite Downtown Residence
Comparable in Downtown Dubai
Want to see it?
We can arrange a viewing, in person or on a video call if you are not in Dubai.