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70,000 yearly

studio

1

533 ft²

70,000yearly

Property details

Bedrooms
Studio
Bathrooms
1 Bath
Property type
Apartment
Available from
17 Apr 2026
Furnishing
Furnished
Area
533 ft²

APARTMENT FOR RENT IN ELITE DOWNTOWN RESIDENCE 1, ELITE DOWNTOWN RESIDENCE

12 Payments Option | High Floor | Canal View

Property Market is delighted to offer this exquisite studio apartment for rent in Elite Downtown Residence, Downtown Dubai.

Property Highlights
• Total Area: 533.03 sq.ft
• Huge layout
• Balcony
• City and Dubai Canal views
• Floor-to-ceiling window
• Sliding glass door
• Fully fitted kitchen
• Built-in kitchen appliances
• En-suite bathroom

Building Features and Amenities
• 24-Hour security
• Maintenance personnel
• Concierge services
• High-speed elevators
• Well-equipped gym
• Separate swimming pool for men & women
• Kids pool
• Near bus stop
• Near South Ridge Park
• 8-mins drive to Dubai Mall


Why Property Market?

With expertise in the Dubai Real Estate industry, our team is here to help you find the best property for your needs. Whether you’re looking for a new home or an investment, we will guide you through the process and the market.

We also offer an array of services to help you streamline the transaction.

• Digital Payments on selected properties
• Virtual Tours
• Digital Contracts
• 24/7 Available team with full Real Estate and Property Management experience.

Our team speaks several different languages such as English, and Arabic as well as other languages.

Providing a reliable source of information on properties and market trends, our property consultants are well-versed in the principles of the Real Estate Market, Negotiation, Market Analysis, Property Management.

Contact us for any Questions & Assistance.

Amenities

Furnished

Balcony

Built in Wardrobes

Central A/C

Covered Parking

Kitchen Appliances

Shared Pool

Security

View of Water

Concierge


Location

Map preview
Elite Downtown Residence 1

About Elite Downtown Residence 1

Learn more

Elite Downtown Residence 1 in Downtown Dubai offers Studio To 3 Bedrooms properties averaging 431 - 1,760 sqft. It currently has 90 active rental listings.

  • Properties Listed90
  • Price range65K - 275K /year

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Ratings review


Price Insights

Transactions for Similar Properties

Studio Apartment in Elite Downtown Residence 1

Sold for

DateAEDArea (sqft)
9 Jun 2026
1,080,000
533
8 Jun 2026
999,000
525
2 Jun 2026
1,000,000
514
7 May 2026
1,048,000
522
1 Apr 2026
1,400,000
522

Rented for

DateAED/yearArea (sqft)
4 Jul 2026
60,000
522
1 Jul 2026
60,000
533
1 Jul 2026
70,000
525
20 Jun 2026
60,000
521
15 May 2026
70,000
521
See all transactions in this location

Powered byDataGuru

This property costs 30% less than the average price of studio bedroom in Downtown Dubai

Average Rent is 99,835 AED

This property is the same size as the average size of studio bedroom in Downtown Dubai

Average size is 530 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

Agent Somar Faraj
SuperAgent

Somar Faraj

4.8

Response time

within 30 minutes

Experience

7 years

Closed Deals

11

Languages

English, Arabic, Hindi, Urdu

See agent properties (29)

Regulatory information
Regulatory information

Reference

PM217042026

Listed

3 months ago

Broker License

28621

Agency name

PMTL REAL ESTATE MANAGEMENT SUPERVISION SERVICES L.L.C

Zone name

Burj Khalifa

Agent License

81744

DLD Permit Number

permit number
Agent Somar Faraj

Somar Faraj

4.8

Usually responds within 30 minutes