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Prime Investment Ready to Generate High ROI
For saleAvailable

Prime Investment Ready to Generate High ROI

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

Permit verified
1,190,000 AED

2,233 AED/sqft · Price per sqft

Properties are sold through direct negotiation with an Alghafat specialist — there is no online checkout.
Type
Apartment
Bedrooms
Studio
Bathrooms
1
Built-up area
533 sqft
Price per sqft
2,233 AED

Property details

Type
Apartment
Purpose
For sale
Bedrooms
Studio
Bathrooms
1
Built-up area
533 sqft (50 m²)
Completion
Ready to move in
Building
Elite Downtown Residence 1
DLD permit
7117941388

Amenities

  • Balcony
  • Gym

Description

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

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

The pin is approximate and reflects the property's area.

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