1,999,999
Own this from just
8,226 AED/monthProperty details
Listed
4 months ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
2 Baths
Furnishing
Partly furnished
Area
1,007 ft²
Price per area
AED1,986/ft²
Available from
5 Aug 2026
APARTMENT FOR SALE IN ELITE DOWNTOWN RESIDENCE 1, ELITE DOWNTOWN RESIDENCEPositioned in the highly sought-after Elite Downtown Residence, this oversized 1-bedroom apartment presents a rare opportunity to secure a high-performing asset in one of Dubai’s most in-demand rental zones. Downtown continues to outperform in both short-term and long-term rental markets, making this unit an ideal addition to any serious property portfolio.
Spanning 1,007.07 sqft, this apartment stands out against typical 1-bedroom units in the area, offering enhanced rental appeal, better tenant retention, and stronger ROI potential.
Why This is a Smart Investment:
Large Layout – 1,007.07 Sqft (Above Market Average)
High Rental Demand Location (Downtown Dubai)
Strong Short-Term Rental Potential (Holiday Homes Ready)
Attractive ROI Compared to Smaller Units
Premium Address Ensuring Long-Term Capital Appreciation
Tenant-Friendly Layout for Faster Occupancy
Property Highlights:
Spacious 1 Bedroom
Bright Living & Dining Area
Built-in Wardrobes
Modern Kitchen Finishes
Balcony with Open Views
Covered Parking
Serious investors understand—larger layouts in prime locations always outperform. This is not just a property, it’s a strategic acquisition.
Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
Primary email: enquiries@banke.ae
Website: [link not available]
Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.
High-Yield Opportunity | Prime Downtown Investment
Spanning 1,007.07 sqft, this apartment stands out against typical 1-bedroom units in the area, offering enhanced rental appeal, better tenant retention, and stronger ROI potential.
Why This is a Smart Investment:
Large Layout – 1,007.07 Sqft (Above Market Average)
High Rental Demand Location (Downtown Dubai)
Strong Short-Term Rental Potential (Holiday Homes Ready)
Attractive ROI Compared to Smaller Units
Premium Address Ensuring Long-Term Capital Appreciation
Tenant-Friendly Layout for Faster Occupancy
Property Highlights:
Spacious 1 Bedroom
Bright Living & Dining Area
Built-in Wardrobes
Modern Kitchen Finishes
Balcony with Open Views
Covered Parking
Serious investors understand—larger layouts in prime locations always outperform. This is not just a property, it’s a strategic acquisition.
Company name: Banke International Properties LLC
RERA ORN: 12108
Address: 415 Emarat Atrium Building, Sheikh Zayed Road, Dubai, UAE
Primary email: enquiries@banke.ae
Website: [link not available]
Company Profile: A real estate firm specializing in investment sales and leasing of both commercial and residential properties. We also offer property management services across Dubai.
Amenities
Partly furnished
Location
About Elite Downtown Residence 1
Learn moreElite Downtown Residence 1 in Downtown Dubai offers Studio To 3 Bedrooms properties averaging 431 - 1,760 sqft. It currently has 57 active sale listings.
- Properties Listed57
- Price range1M - 4.5M
5.04 Reviews
Score Breakdown
- Mufitha K.
The apartment had a relaxing atmosphere and a lovely balcony. I would happily stay here again.
- Leyli B.
We had a wonderful stay. The apartment was spotless, modern, and comfortable.
- Anonymous
A lovely and peaceful place to stay in Dubai. The apartment was very well maintained.
- Mobina M.
Great location and a beautiful canal view. Everything we needed was available in the apartment.
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Elite Downtown Residence 1
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 3 Mar 2025 | 1,650,000 | 1,007 |
| 27 Dec 2024 | 1,660,000 | 1,003 |
| 17 Dec 2024 | 2,107,000 | 1,007 |
| 17 Dec 2024 | 2,107,000 | 1,006 |
| 12 Dec 2024 | 1,650,000 | 1,002 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 4 Sep 2026 | 95,000 | 1,007 |
| 14 Jul 2026 | 95,000 | 1,007 |
| 18 Jun 2026 | 150,000 | 1,007 |
| 19 May 2026 | 93,000 | 1,007 |
| 3 Dec 2025 | 115,000 | 1,007 |
Powered byDataGuru
This property costs 20% less than the average price of 1 bedroom in Downtown Dubai
Average Sale Price is 2,493,425 AED
This property is 11% bigger than the average size of 1 bedroom in Downtown Dubai
Average size is 909 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Downtown Dubai
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Response time
within 15 minutes
Experience
6 years
Closed Deals
10
Languages
English, Urdu, Punjabi
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Monthly payment
8,226 AED
with interest rate of
3.75%
Regulatory information
Payment method
Cash or Installments
Down payment
199,999 AED
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Own this property from just
8,226 AED /month
Fixed rates from: 3.75%
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