
Canal View | Rented | Furnished | Op
Elite Downtown Residence 1, Downtown Dubai, Dubai
AED 1,149,999
AED 2,196 per sqft
Studio Studio for sale in Elite Downtown Residence
- Type
- Studio
- Size
- 524 sqft
- Bedroom
- Studio
- Bath
- 1
- Developer
- Triplanet Range
- View
- Canal and Pool View
- Vacant on
- Jun, 2027
- Ref no.
- AS-171431
- Completion
- Q1 2022
- Listed
- 2 months ago
About this property
The Ultimate Downtown Cash-Cow | Immediate High-Yield Asset
Skip the wait, bypass the fit-out hassle, and start collecting rent from Day 1.
Presented by fäm Properties, this premium studio in Elite Downtown Residence represents the perfect "set-and-forget" investment. Fully optimized for maximum rental efficiency, this is a turnkey wealth generator in the absolute heart of Dubai.
Investor Highlights
Instant Cash Flow: No handover delays, no tenant hunting. This property is already rented, locking in immediate, hassle-free ROI the moment ownership transfers.
The Premium Layout: A remarkably spacious design featuring a large private balcony that frames stunning, unobstructed Canal views and beautiful sunset vistas.
The "Centre of Now" Location: Steps from world-class dining, luxury retail, and elite entertainment.
Seamless Connectivity: Minutes from Dubai Mall and local Metro stations (Burj Khalifa/Business Bay), with lightning-fast access to Sheikh Zayed Road and Al Khail Road.
Elite Lifestyle & Building Amenities
Wellness & Leisure: Temperature-controlled swimming pool, state-of-the-art steam room, sauna, and a dedicated female-only gym.
Convenience & Safety: Dedicated jogging track, secure ample parking, and 24/7 concierge/security.
Neighborhood Perks: Just a 3-minute walk to Spinneys supermarket and the community Dog Park.
Market Note: Turnkey, income-generating studios with premium water views in Downtown Dubai are heavily favored by hands-off investors and vanish from the market quickly.
Secure your yield today. Contact fäm Properties for a private viewing and a full financial breakdown.
What it has
- Air Conditioning
- Furnished
- Elevator
- Fitness Centre
- Kitchen Appliances
- Covered Parking
- Waterfront View
- Balcony
- Investment Property
- Shared Pool
- Pets Allowed
- Shared Gym
- Pool
- 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.
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 6,089
- Total interest
- AED 306,629
- Amount borrowed
- AED 862,499
Estimated monthly
AED 6,089
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.

