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fäm Properties

Prime Investment Ready To Generate High Roi

Elite Downtown Residence 1, Downtown Dubai, Dubai

AED 1,190,000

AED 2,233 per sqft

Studio Studio for sale in Elite Downtown Residence

Type
Studio
Size
533 sqft
Bedroom
Studio
Bath
1
Parking
1
Developer
Triplanet Range
View
Community
Vacant on
May, 2026
Ref no.
AS-162304
Completion
Q1 2022
Listed
10 months ago

About this property

VACANT/FULLY FURNISHED/READY TO GENERATE INCOME SINCE DAY 1.

fäm Properties presents this high floor studio in Elite Downtown Residence.

Benefit from one of Downtown’s lowest service charges at just AED 12/sqft, this unit is a strong investment opportunity. Featuring open views towards Bay Square and a partial Dubai Canal view, it stands out as a high-performing, low-cost asset in one of Dubai’s most in-demand rental markets.

Elite Downtown is widely recognized for its exceptional performance in both short‑term and long‑term rentals, thanks to its unbeatable location and consistent occupancy rates. Positioned steps from landscaped green areas and within minutes of the Burj Khalifa, Dubai Mall, and Mohammed Bin Rashid Boulevard, the building benefits from constant demand from tourists, business travelers, and corporate tenants. Its proximity to Business Bay further enhances its appeal for executive stays.

The studio features a smart, efficient layout with modern finishes and excellent natural light, making it attractive to a wide range of tenants. Investors benefit from strong rental yields, low running costs, and a property that continues to appreciate due to Downtown’s ongoing demand and limited supply of well‑priced units.

Residents and guests enjoy a full suite of amenities, including a large swimming pool, a well‑equipped gym, sauna and steam rooms, 24/7 security, concierge services, and dedicated parking—features that consistently boost guest satisfaction and rental performance.

Distances to Key Attractions

  • Burj Khalifa — 5 minutes
  • Dubai Mall & Fountain Promenade — 5 minutes
  • Mohammed Bin Rashid Boulevard — 3 minutes
  • Business Bay — 7 minutes
  • Dubai Opera — 10 minutes
  • Dubai International Airport (DXB) — 20 minutes

For more information, please contact us at fäm Properties.

What it has

  • High floor
  • Steam Room
  • Furnished
  • Elevator
  • Fitness Centre
  • Kitchen Appliances
  • Waterfront View
  • Balcony
  • Shared Gym
  • Pool
  • Fitted
  • Sauna

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.

Median registered price per sqft in Elite Downtown Residence
See the figures
Median registered price per sqft in Elite Downtown Residence
MonthAED per sqft
Oct 20252,237
Nov 20252,146
Dec 20252,146
Jan 20262,311
Feb 20262,970
Mar 20262,214
Apr 20262,682
May 20262,008
Jun 20261,946
Jul 20262,276

Demand in Downtown Dubai

How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.

Sales registered in Downtown Dubai, by month
See the figures
Sales registered in Downtown Dubai, by month
MonthTransactions
Oct 202580
Nov 2025154
Dec 202576
Jan 202623
Feb 202618
Mar 202614
Apr 202611
May 202611
Jun 202612
Jul 202615
Aug 202610

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 6,301
Total interest
AED 317,295
Amount borrowed
AED 892,500

Estimated monthly

AED 6,301

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.

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