Elite 1 Downtown Residence, Downtown Dubai in Dubai
Dubai buildings

Elite 1 Downtown Residence, Downtown Dubai

Downtown Dubai

Elite 1 Downtown Residence is a luxurious residential building located in the heart of Downtown Dubai.

Community

Downtown Dubai

Building type

Residential Tower

Completion

2021

Floors / units

30

About

About Elite 1 Downtown Residence, Downtown Dubai

Elite 1 Downtown Residence is a luxurious residential tower located in the heart of Downtown Dubai. It offers breathtaking views of the Burj Khalifa and is in proximity to several global landmarks, shopping centers, and gourmet restaurants. The property features a variety of high-end amenities designed for a comfortable and luxurious lifestyle.

Prime Location

Situated in the heart of Downtown Dubai, offering easy access to iconic landmarks.

Luxurious Amenities

Features top-notch amenities including a pool, gym, and spa.

Modern Design

Architecturally stunning with contemporary interiors and high-quality finishes.

Building facts

Elite 1 Downtown Residence, Downtown Dubai facts and source signals

Developer
Elite Property
Completion
2021
Floors
30
Unit mix
Ranges from 700 to 1500 sq. ft.
Building type
Residential Tower
Construction start
2018
Coordinates
25.18651, 55.27817

Decision context

What to know before shortlisting Elite 1 Downtown Residence, Downtown Dubai

Amenities and living fit

  • Open-air swimming pool
  • Fully equipped gym
  • Children's play area
  • Rooftop terrace
  • 24-hour concierge service

Profile ratings

Family Friendliness4.5/5

Exceptionally Welcoming. The community features spacious apartments and a family-oriented environment, with nearby parks and recreational areas...

Living Options4.0/5

Broadly Diverse. Elite 1 offers a variety of apartment sizes, including one, two, and three-bedroom options, catering to different famil...

Safety And Security4.7/5

Remarkably Secure. The residence is equipped with state-of-the-art security systems, including 24/7 surveillance and controlled access, en...

Transportation4.6/5

Highly Convenient. Located in Downtown Dubai, residents have easy access to public transport, taxis, and major roads, making commuting eff...

Investor watch points

  • High Maintenance Fees - Monthly fees are relatively high compared to other residences in the area.
  • Limited Parking - Insufficient parking spaces can be inconvenient for residents and guests.
  • Noise Levels - Proximity to busy streets may lead to higher noise levels during certain times.
  • Investment Potential - Consider the potential for property value appreciation in this prime area.
  • Community Vibes - Assess the community environment and social activities before moving in.

Community benchmark evidence

Community benchmark sales near this building

DateBedsProject/buildingSale amountSale PSF
Jun 25, 20263 BRBurj Vista 1AED 3,900,000AED 2,144/sqft
Jun 25, 20261 BRInaura Hotels & ResidencesAED 3,885,000AED 4,965/sqft
Jun 25, 20261 BRInaura Hotels & ResidencesAED 3,814,250AED 4,730/sqft
Jun 25, 20261 BRVida Dubai Mall Tower 1AED 2,350,000AED 2,622/sqft
Jun 25, 20261 BRSociety HouseAED 2,148,419AED 2,905/sqft

Community benchmark evidence

Community benchmark rentals near this building

DateBedsProject/buildingAnnual rentRent PSF
Jun 25, 20262 BRThe Address Residences Dubai Opera Tower 2AED 290,000/yrAED 236/sqft
Jun 25, 20262 BRBurj RoyaleAED 180,000/yrAED 172/sqft
Jun 24, 20263 BRThe Address Residences Dubai Opera Tower 1AED 350,000/yrAED 224/sqft
Jun 23, 20263 BRThe Address Residences Dubai Opera Tower 1AED 276,923/yrAED 166/sqft
Jun 22, 20262 BRZaafaran 3AED 200,000/yrAED 69/sqft

Location context

Nearby schools, amenities and transport

Amenities nearby

  • 7 Eleven · supermarkets · 0.22 km
  • Choithrams · supermarkets · 0.38 km
  • View City Mini Mart · supermarkets · 0.4 km
  • Loft Supermarket · supermarkets · 0.51 km

Transport nearby

  • Downtown Dubai (Air taxi-Vertiport-2) · 1.84 km
  • Creek · Green · 7.15 km
  • Burjuman · Red · 8.39 km
  • Deira City Centre · Red · 8.96 km

Investor questions

Elite 1 Downtown Residence, Downtown Dubai questions investors usually check

Where is Elite 1 Downtown Residence, Downtown Dubai located?

Elite 1 Downtown Residence, Downtown Dubai is in Downtown Dubai. Use the community profile and nearby transport, school and amenity context to compare the location before shortlisting.

What type of building is Elite 1 Downtown Residence, Downtown Dubai?

Elite 1 Downtown Residence, Downtown Dubai is profiled as Residential Tower. Completion evidence: 2021. Unit mix: Ranges from 700 to 1500 sq. ft..

Is there transaction evidence for Elite 1 Downtown Residence, Downtown Dubai?

PropertyStellar shows 10 recent sale rows and 10 recent rental rows for this building or its benchmark context.

How should investors compare Elite 1 Downtown Residence, Downtown Dubai?

Compare Elite 1 Downtown Residence, Downtown Dubai with same-community buildings, nearby schools, transport access, rent evidence and the community investment profile rather than relying on a single listing headline.

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