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Property Makler
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Dubai, UAE US |
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Elite Downtown Residence in Downtown Dubai - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Elite Downtown Residence
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| Studio | 49 | 23,112 | 1,125,000 |
| 1 | 75 | 27,489 | 2,065,000 |
| 2 | 63 | 19,701 | 1,250,000 |
Rents in Elite Downtown Residence
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| Studio | 50 | 1,678 | 83,500 |
| 1 | 87 | 1,317 | 115,000 |
| 2 | 151 | 1,291 | 195,000 |
| 3 | 150 | 1,467 | 220,000 |
The cap rate (rental yield) of investments into Elite Downtown Residence project is 6.1% on average.
The price of an apartment in Elite Downtown Residence is 23,589 AED/sqm on average.
The long term rent of an apartment in Elite Downtown Residence is 1,436 AED/sqm/year on average.
Price for completed Studio apartment in Elite Downtown Residence is 1,125,000 AED or 23,112 AED/sqm.
Price for completed 1 bedroom apartment in Elite Downtown Residence is 2,065,000 AED or 27,489 AED/sqm.
Price for completed 2 bedroom apartment in Elite Downtown Residence is 1,250,000 AED or 19,701 AED/sqm.
Rent for Studio apartment in Elite Downtown Residence is 83,500 AED or 1,678 AED/sqm.
Rent for 1 bedroom apartment in Elite Downtown Residence is 115,000 AED or 1,317 AED/sqm.
Rent for 2 bedroom apartment in Elite Downtown Residence is 195,000 AED or 1,291 AED/sqm.
Rent for 3 bedroom apartment in Elite Downtown Residence is 220,000 AED or 1,467 AED/sqm.
About Elite Downtown Residence
'Elite Downtown Residence' in 'Downtown Dubai' area project description
Elite Downtown Residence is a luxurious residential development located in the heart of Dubai. The project is situated in the Downtown Dubai area, one of the most sought-after locations in the city. It is a part of the larger Elite World development, which includes a range of luxury residential, commercial, and hospitality projects.
The Elite Downtown Residence project consists of two towers, each with a total of 32 floors. The towers are connected by a podium, which houses a range of amenities and facilities. The project offers a range of apartments, ranging from one-bedroom to four-bedroom units, as well as duplexes and penthouses. All apartments feature modern interiors and high-end finishes, and many of them have stunning views of the Burj Khalifa, the world’s tallest building.
The project also offers a range of amenities and facilities for residents to enjoy. These include a fully-equipped gym, a swimming pool, a sauna, a steam room, a Jacuzzi, and a spa. There is also a children’s play area, a business center, and a range of retail outlets.
The project is conveniently located close to a range of attractions and amenities. It is within walking distance of the Dubai Mall, one of the world’s largest shopping malls, as well as the Dubai Fountain, the world’s largest choreographed fountain. It is also close to a range of restaurants, cafes, and bars, as well as the Dubai Metro and other public transport links.
Elite Downtown Residence is a luxurious residential development that offers residents a range of modern apartments, amenities, and facilities in one of the most sought-after locations in Dubai. It is the perfect place for those looking for a luxurious lifestyle in the heart of the city.
Elite Downtown Residence is a luxurious residential development located in the heart of Dubai. The project is situated in the Downtown Dubai area, one of the most sought-after locations in the city. It is a part of the larger Elite World development, which includes a range of luxury residential, commercial, and hospitality projects.
The Elite Downtown Residence project consists of two towers, each with a total of 32 floors. The towers are connected by a podium, which houses a range of amenities and facilities. The project offers a range of apartments, ranging from one-bedroom to four-bedroom units, as well as duplexes and penthouses. All apartments feature modern interiors and high-end finishes, and many of them have stunning views of the Burj Khalifa, the world’s tallest building.
The project also offers a range of amenities and facilities for residents to enjoy. These include a fully-equipped gym, a swimming pool, a sauna, a steam room, a Jacuzzi, and a spa. There is also a children’s play area, a business center, and a range of retail outlets.
The project is conveniently located close to a range of attractions and amenities. It is within walking distance of the Dubai Mall, one of the world’s largest shopping malls, as well as the Dubai Fountain, the world’s largest choreographed fountain. It is also close to a range of restaurants, cafes, and bars, as well as the Dubai Metro and other public transport links.
Elite Downtown Residence is a luxurious residential development that offers residents a range of modern apartments, amenities, and facilities in one of the most sought-after locations in Dubai. It is the perfect place for those looking for a luxurious lifestyle in the heart of the city.
Q&A on Elite Downtown Residence
What are the advantages of 'Elite Downtown Residence' project in Dubai for property buyers? What are the disadvantages?1. Prime Location: Elite Downtown Residence is located in the heart of Dubai, close to some of the city’s most iconic attractions such as the Burj Khalifa, Dubai Mall, and Dubai Fountain.
2. High-Quality Amenities: The development offers a range of luxurious amenities including a swimming pool, gym, and spa.
3. Investment Potential: With its prime location and high-end amenities, Elite Downtown Residence is an attractive investment opportunity for real estate buyers.
4. Affordable Prices: The development offers competitively priced apartments, making it an affordable option for buyers.
5. Flexible Payment Plans: Elite Downtown Residence offers flexible payment plans, allowing buyers to spread the cost of their purchase over a period of time.
What projects are better than 'Elite Downtown Residence' project in Dubai which are located close by, and why?
- Burj Khalifa Residences: Offers unparalleled luxury living with direct access to The Dubai Mall and panoramic views of the city and the Arabian Gulf. Residents enjoy high-end amenities including private sky lobbies and state-of-the-art fitness facilities.
- The Address Residences Dubai Opera: Combines premium living with world-class service provided by the Address Hotels + Resorts brand, situated near the iconic Dubai Opera. Residents benefit from exceptional amenities including concierge services, infinity pools, and a sky lobby.
- Forte Towers by Emaar: Positioned in the Cultural District, Forte Towers offer cultural vibrance with immediate proximity to Dubai Opera. The project features elegant design, swimming pools, fitness centers, and children’s play areas, providing a holistic living experience.
- Il Primo: Known for ultra-luxury, Il Primo offers expansive four and five-bedroom apartments and duplexes with incredible views of Burj Khalifa and The Dubai Fountain. The residences include private cinemas, business lounges, and exclusive recreational facilities.
- Opera Grand: Located in the heart of The Opera District, it offers a rare blend of sophisticated design and prime location. Residents have access to top-tier amenities such as swimming pools, arts clubs, and rehearsal and recording studios.
- Vida Residences Downtown: The epitome of contemporary urban living, providing residents with access to gourmet dining options, spa facilities, and ample retail spaces. Proximity to Burj Khalifa and The Dubai Mall enhances its appeal significantly.
- Boulevard Point: A direct link to The Dubai Mall and contemporary design makes Boulevard Point a standout option. It's known for spacious apartments, upscale amenities including pools, high-tech gyms, and children’s play areas.
Each of these projects stands out due to their unique blend of luxury amenities, prime locations, and distinctive features that offer more in terms of lifestyle and convenience compared to many other projects in the area.
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