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Disruptive Real Estate

Emaar Properties · Downtown Dubai

Elite Downtown Residence

  • Apartments
Starting from
AED 990,000
Bedrooms
Studio–3 BR
Size
On request
Payment plan
On request
Completion
Ready
Available
On request
Handover
2022-02-10

About Elite Downtown Residence

Downtown Dubai Address

Elite Downtown Residence sits within Downtown Dubai, the district built around Burj Khalifa and Dubai Mall. The tower rises 24 storeys and holds over 400 apartments across studio, 1, 2 and 3-bedroom layouts, plus four levels of parking. Construction ran from late 2013 to completion in February 2022, giving the building a finished, lived-in track record rather than a speculative timeline.

As a completed asset, the project is positioned for buyers seeking apartments in downtown dubai with immediate handover rather than a multi-year wait. The building forms part of the wider Burj Khalifa community fabric, placing it among the more established addresses for properties for sale in downtown dubai.

Apartment Layouts & Interiors

Units are delivered fully furnished, with Italian-tiled flooring, fitted modern kitchens and generous storage throughout. Living rooms in select units frame direct views of Burj Khalifa, and higher floors extend to terraces suited to sunset views over the Downtown skyline.

The typology spread, studio through 3-bedroom, gives the building broader appeal than single-layout towers, covering solo professionals, couples and small families within one address.

Amenities & Podium Facilities

Resident amenities sit at the podium level: a swimming pool with cabanas and a tanning deck, a gym, and a children's play area. The pool deck overlooks the Downtown skyline, separating leisure space from the street-level activity below.

Ground-floor retail and dining units line the building's frontage, covering daily needs from coffee to grocery-style convenience without leaving the property.

Downtown Dubai Property Investment Case

For downtown dubai property investment, a completed, income-ready building removes construction risk and lets owners assess rental performance immediately, unlike off plan downtown dubai stock still years from handover. Proximity to Burj Khalifa and Business Bay Metro stations supports both owner-occupier demand and short-let or long-term rental interest.

Buyers researching off plan projects downtown dubai often compare pricing against completed towers like Elite Downtown Residence to benchmark rental yields and resale liquidity in the same district.

Key highlights

  • 24-storey tower with over 400 apartments in Downtown Dubai
  • Studio, 1, 2 and 3-bedroom fully furnished layouts
  • Completed February 2022, ready for immediate occupancy
  • Podium-level pool, gym and children's play area
  • Walking distance to Burj Khalifa and Business Bay Metro stations
  • Ground-floor retail and dining within the building

Why this project

  • Completed 24-storey tower in Downtown Dubai with furnished studio to 3-bedroom apartments and podium-level pool, gym and retail.

Amenities

  • Swimming pool
  • cabanas
  • tanning deck
  • gym
  • children's play area
  • ground-floor retail
  • dining outlets
  • 4 levels of parking
  • fully furnished interiors

Location

Connectivity From Elite Downtown Residence

The building sits close to Sheikh Mohammed Bin Rashid Boulevard, with Burj Khalifa and Business Bay Metro stations within easy reach and direct access to Sheikh Zayed Road, Financial Centre Road and Al Khail Road. Dubai International Airport is roughly 15 minutes away, the nearest beach about 13 minutes, and Dubai Mall around 6 minutes by car.

A public park is roughly 7 minutes out and a hospital about 10 minutes away, rounding out the practical side of a location otherwise defined by its skyline landmarks.

Neighbourhood Character

Downtown Dubai combines Burj Khalifa, Dubai Mall and the Dubai Fountain with tree-lined boulevards, boutique retail and a dense restaurant scene, making it one of the city's most walkable, tourism-heavy districts. This mix supports steady footfall for ground-floor retail tenants and consistent demand from residents who want daily life within walking distance of major attractions.

Project information

Developer
Emaar Properties
Location
Downtown Dubai
Handover
2022-02-10
Total units
469
RERA Escrow
Mashreq Bank
DLD Project #
1403

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Elite Downtown Residence — handover progress

100%
LaunchDec 2013
Today0mo to handover
Handover2022-02-10

Resale at Elite Downtown Residence

30 transactions · last 12 months

Avg / sqft
AED 2,202
Avg price
AED 1,437,430
Year-on-year
-1.7%
Range
AED 999,000AED 3,347,904
By unit size
  • StudioAED 2,249/sqft22 sales
  • 1 BRAED 2,568/sqft4 sales
  • 2 BRAED 1,871/sqft4 sales

Downtown Dubai market

studio · 501 sales analyzed

High activity
Avg / sqft
AED 3,613
Sales last 6 mo
65
Year-on-year
-22.5%
Off-plan vs ready
58.6% pricier
AED 3,956 vs 2,495
7.7%

Indicative gross yield

At the starting price of AED 990,000, typical rent for a studio in Elite Downtown Residence (AED 76,529.03/year, ~AED 6,400/month) implies a 7.7% gross yield.

Based on 87 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Bedrooms available at Elite Downtown Residence

Frequently asked questions about Elite Downtown Residence

Is Downtown Dubai a good place to live for residents of Elite Downtown Residence?

Yes. Downtown Dubai combines Burj Khalifa, Dubai Mall, the Dubai Fountain and walkable boulevards, giving residents daily access to retail, dining and transport without leaving the district.

How many apartments does Elite Downtown Residence have?

The tower holds over 400 apartments across studio, 1, 2 and 3-bedroom layouts, spread over 24 storeys plus four parking levels.

Who developed Elite Downtown Residence?

The project is developed by Emaar Properties, with Mashreq Bank acting as the escrow agent.

Is Elite Downtown Residence ready for handover?

Yes. The project is 100% complete, with construction finishing in February 2022 after starting in December 2013.

What amenities does Elite Downtown Residence offer?

Residents get a podium-level swimming pool with cabanas and a tanning deck, a gym, a children's play area, and ground-floor retail and dining units.

How close is Elite Downtown Residence to the metro and airport?

Burj Khalifa and Business Bay Metro stations are within easy walking or short driving distance, and Dubai International Airport is about 15 minutes away by car.

What unit types are available at Elite Downtown Residence?

The building offers fully furnished studio, 1, 2 and 3-bedroom apartments, several with direct Burj Khalifa views.

Get the Elite Downtown Residence brochure

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By submitting, you agree to be contacted by Disruptive Real Estate (RERA ORN 1167819) about Elite Downtown Residence. We never share your details.

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