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AED

1,190,000

Est. Payment AED 0/mo

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Studio

bath

1 bath

size

533 sqft

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Elite Downtown Residence 1, Elite Downtown Residence, Downtown Dubai, Dubai, UAE


Prime Downtown Investment Asset| High ROI

Type
Apartment
Purpose
Sale
Furnishing
Unfurnished
Average Rent
AED 87,018 Yearly
info
Updated
10th May 2026
Completion Status
Ready
fam Properties presents this high floor studio in Elite Downtown Residence, offering a 7% ROI from day one.

Currently rented at AED 80,000 and benefiting 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 fam Properties.
Posted on: 4th March 2026

Amenities

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Balcony
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Private Gym

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Shared Spa


Building Information

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Building Name
ELITE DOWNTOWN RESIDENCE
Floors
31
Retail Centres
9
Swimming Pools
1
Parking Spaces
482
Building Area
809,275 sqft
Elevators
6

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UAE Residency Status

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Elite Downtown Residence 1, Elite Downtown Residence, Downtown Dubai, Dubai, UAE




More Info

Permit Number
info
7117941388
Zone Name
info
Burj Khalifa
Registered Agency
info
F A M REAL ESTATE BROKER L.L.C (BRANCH)
RERA
info
1858
Reference ID
B-Mar-Four-Twenty-Six-AS-162304
BRN (DLD)
info
74195

Permit

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