1,149,999
Own this from just
4,730 AED/monthProperty details
- Bedrooms
- Studio
- Bathrooms
- 1 Bath
- Property type
- Apartment
- Furnishing
- Furnished
- Area
- 523 ft²
- Price per area
- AED2,198/ft²
- Available from
- 1 Jun 2027
Canal View | Rented | Furnished | OP
Skip the wait, bypass the fit out hassle, and start collecting rent from Day 1.
Presented by fam Properties, this premium studio in Elite Downtown Residence represents the perfect "set and forget" investment. Fully optimized for maximum rental efficiency, this is a turnkey wealth generator in the absolute heart of Dubai.
Investor Highlights
Instant Cash Flow: No handover delays, no tenant hunting. This property is already rented, locking in immediate, hassle free ROI the moment ownership transfers.
The Premium Layout: A remarkably spacious design featuring a large private balcony that frames stunning, unobstructed Canal views and beautiful sunset vistas.
The "Centre of Now" Location: Steps from world class dining, luxury retail, and elite entertainment.
Seamless Connectivity: Minutes from Dubai Mall and local Metro stations (Burj Khalifa/Business Bay), with lightning fast access to Sheikh Zayed Road and Al Khail Road.
Elite Lifestyle & Building Amenities
Wellness & Leisure: Temperature controlled swimming pool, state of the art steam room, sauna, and a dedicated female only gym.
Convenience & Safety: Dedicated jogging track, secure ample parking, and 24/7 concierge/security.
Neighborhood Perks: Just a 3 minute walk to Spinneys supermarket and the community Dog Park.
Market Note: Turnkey, income generating studios with premium water views in Downtown Dubai are heavily favored by hands off investors and vanish from the market quickly.
Secure your yield today. Contact fam Properties for a private viewing and a full financial breakdown.
Amenities
Furnished
Kitchen Appliances
Balcony
Pets Allowed
View of Water
Shared Gym
Shared Pool
Security
Covered Parking
Lobby in Building
Location

About Elite Downtown Residence 1
Learn more- Properties Listed63
- Price range1M - 5M
Price Insights
Transactions for Similar Properties
Studio Apartment in Elite Downtown Residence 1
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 7 May 2026 | 1,048,000 | 522 |
| 1 Apr 2026 | 1,400,000 | 522 |
| 22 Apr 2024 | 1,212,112 | 524 |
| 16 Nov 2023 | 1,100,000 | 524 |
| 15 Sep 2023 | 1,045,523 | 524 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 18 May 2026 | 68,000 | 524 |
| 19 Jan 2026 | 85,000 | 524 |
| 16 Dec 2025 | 76,000 | 524 |
| 20 Jan 2025 | 85,000 | 524 |
| 10 Dec 2024 | 76,000 | 524 |
Powered byDataGuru
This property costs 26% less than the average price of studio bedroom in Downtown Dubai
Average Sale Price is 1,548,946 AED
This property is 4% bigger than the average size of studio bedroom in Downtown Dubai
Average size is 504 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
21 years
Closed Deals
3
Languages
English
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
4,730 AED
with interest rate of
3.75%
Regulatory information
Own this property from just
4,730 AED /month
Fixed rates from: 3.75%
Get pre-approvedIn partnership with

