AED2,990,000
Own this from just
12,298 AED/monthLuxury Upgraded 1BR Apartment | Vacant | Downtown
Seize this exceptional opportunity to own a bright and spacious 1-bedroom apartment in the iconic The Residences 1, nestled in the heart of Downtown Dubai. With a generous built-up area of 1,046 sq ft (≈ 97 m²), this residence delivers modern elegance and uncompromising convenience for both investors and lifestyle seekers.
Key features include:
1 bedroom • 2 bathrooms – ideal for privacy and comfort
Fully upgraded open-plan kitchen and living space
Spacious balcony with community views
Dedicated parking space included
Vacant and ready for immediate occupancy or rental income
Location highlights:
Located within Downtown Dubai, this premium address offers direct access to the world-renowned Burj Khalifa, the spectacular Dubai Fountain, upscale dining, luxury retail at the Dubai Mall, and vibrant leisure arenas — the ultimate live-work-play community.
Why this is a smart buy:
Positioned in one of Dubai’s most sought-after luxury residential hubs – perfect for high-end lifestyle or premium rental yields
Upgraded condition saves you time and cost compared to a standard unit
Vacant now: move in, rent out, or hold as a high-value asset immediately
With building amenities such as gym, lobby service and covered parking, the combination of location + quality + condition delivers exceptional value
Grab the chance to own a landmark address – schedule your viewing today to secure this premium Downtown gem.
Property details
Property Type
Apartment
Property Size
1,046 sqft / 97 sqm
Bedrooms
1
Bathrooms
2
Service Charges
14.85 AED per sqft
Available from
27 Dec 2025
Amenities
Partly furnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Covered Parking
Kitchen Appliances
Pets Allowed
Shared Pool
Security
Location

Price Insights
Transactions for Similar Properties
1 Bed Apartment in The Residences 1
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 6 Jan 2026 | 2,350,000 | 985 |
| 11 Nov 2025 | 2,500,000 | 1,023 |
| 30 Oct 2025 | 2,340,000 | 985 |
| 28 Jul 2025 | 2,450,000 | 915 |
| 9 May 2025 | 2,200,000 | 985 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 12 Jan 2026 | 120,000 | 1,046 |
| 5 Jan 2026 | 90,000 | 1,023 |
| 18 Dec 2025 | 125,000 | 947 |
| 13 Oct 2025 | 125,000 | 947 |
| 10 Oct 2025 | 125,000 | 1,046 |
Powered byDataGuru
This property costs 22% more than the average price of 1 bedroom in Downtown Dubai
Average Sale Price is 2,442,003 AED
This property is 17% bigger than the average size of 1 bedroom in Downtown Dubai
Average size is 892 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
19 years
Closed Deals
12
Languages
English, Hindi, Urdu, Bengali
Get the right mortgage for you
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Monthly payment
12,298 AED
with interest rate of
3.75%
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Our Mortgage Advisors will be more than happy to help!
Regulatory information
Regulatory information
Reference
01K8Z0C2TC2BVR29QG6PKV3NF2
Listed
2 months ago
Broker License
30520
Agency name
SMS REALTY L.L.C
Zone name
Burj Khalifa
DLD Permit Number:
7116077300
Agent License
53230
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Own this property from just
12,298 AED /month
Fixed rates from: 3.75%
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