AED 1,250,000
Own this from just
5,141 AED/monthRented/6% NET ROI/Demand Area/Excellent investment
Where else can you secure a 8% gross rental yield in one of the world s most iconic neighborhoods? This fully furnished 530 sq ft studio in Elite Residences 1 offers exactly that a cash generating asset in the heart of Downtown Dubai.
With zero renovation required and immediate tenant appeal, this turnkey unit offers investors instant income and long term value growth. Enjoy open Business Bay views, integrated appliances, and sleek, modern finishes all in a high demand building just minutes from Dubai Mall, DIFC, and the metro.
Estimated annual rent: AED 80,000 90,000
Gross ROI: 6% 8.5%
High occupancy history ideal for short or long term leasing
Capital appreciation potential: 5% 7% annually
Why Elite Residences 1?
One of Downtown's best performing investment towers
Strategic location with excellent access to transport & business districts
Premium amenities: swimming pool, gym, 24/7 security
Strong tenant retention and rising rental demand
Whether you're diversifying your portfolio or entering Dubai s thriving property market, this is your chance to own a hassle free, income producing asset in a location that continues to outperform.
Buy today. Lease tomorrow. Earn immediately.
Property details
Property Type
Apartment
Property Size
521 sqft / 48 sqm
Bedrooms
studio
Bathrooms
1
Available from
2 Oct 2025
Amenities
Balcony
Shared Pool
Built in Wardrobes
Kitchen Appliances
View of Water
Shared Gym
Location

Price Insights
Transactions for Similar Properties
Studio Apartment in Elite Downtown Residence
Sold for
Date | AED | Area (sqft) |
---|---|---|
15 Sep 2025 | 1,150,000 | 514 |
11 Sep 2025 | 1,150,000 | 514 |
26 Aug 2025 | 1,200,000 | 431 |
19 Aug 2025 | 1,175,000 | 431 |
18 Aug 2025 | 1,150,000 | 541 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
1 Oct 2025 | 80,000 | 536 |
29 Sep 2025 | 73,000 | 522 |
16 Sep 2025 | 95,760 | 533 |
15 Sep 2025 | 74,000 | 496 |
15 Sep 2025 | 68,250 | 541 |
Powered byDataGuru
This property costs 16% less than the average price of studio bedroom in Downtown Dubai
Average Sale Price is 1,489,423 AED
This property is 3% bigger than the average size of studio bedroom in Downtown Dubai
Average size is 505 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Downtown Dubai
Provided by
Response time
within 5 minutes
Experience
3 years
Closed Deals
3
Languages
English, Spanish, Portuguese
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
5,141 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
PF-AS-143355
Listed
2 months ago
Broker License
1858
Agency name
F A M REAL ESTATE BROKER L.L.C (BRANCH)
Zone name
Burj Khalifa
DLD Permit Number:
7117941123
Agent License
74195
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Own this property from just
5,141 AED /month
Fixed rates from: 3.75%
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