Canal View | High Floor | Spacious | Available
Elite Downtown Residence, Downtown Dubai, Dubai, UAE
Listed: 13 Jul 2026
Bedrooms
Studio
Bathrooms
1
Built-up Area
536 sq.ft
Type
Apartment
Asking price
AED 70,000
Property Details
Description
AX CAPITAL Real Estate is pleased to present this well-designed studio apartment in Elite Residences, Downtown Dubai.
Property Details:
- Studio Apartment
- 536 sq.ft
- Fully equipped kitchen
- Modern finishes
- Floor-to-ceiling windows
- Bright and well-laid-out space
Building & Amenities:
- Swimming pool
- Fully equipped gym
- Sauna
- 24/7 security
- Well-maintained common areas
The apartment offers a smart and efficient layout, making full use of the available space. Floor-to-ceiling windows bring in natural light and create an open, comfortable living environment, while offering views of the surrounding city.
The kitchen is fully equipped and integrated into the main space, with modern finishes throughout. The overall design is simple, practical, and easy to live in.
Located in Downtown Dubai, the building is within walking distance to Dubai Mall, Burj Khalifa, and a wide range of restaurants, cafes, and retail options, with easy access to major roads and business districts.
AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.
Explore Our Services:
- AX MANAGEMENT
- AX CORPORATE
Regulation

Market Intelligence
How this home compares to recent transactions in Downtown Dubai
Median annual rent
Median rent/sqft
Median sale price/sqft
Median price/sqft over time
Recent comparable transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Elite 1 Downtown ResidenceClosest match | Studio | 536 sqft | AED 80,000 | 149 |
| 2024-11-04 | Elite 1 Downtown ResidenceSmaller unit | Studio | 536 sqft | AED 82,000 | 153 |
| 2024-09-27 | Elite 1 Downtown ResidenceSmaller unit | Studio | 536 sqft | AED 80,000 | 149 |
| 2024-09-18 | Elite 1 Downtown ResidenceSmaller unit | Studio | 536 sqft | AED 75,000 | 140 |
| 2024-08-23 | Elite 1 Downtown ResidenceSmaller unit | Studio | 536 sqft | AED 80,000 | 149 |
| 2024-08-12 | Elite 1 Downtown ResidenceSmaller unit | Studio | 536 sqft | AED 65,000 | 121 |
Completed transactions in Elite Downtown Residence
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Transaction activity
3 sales and 6 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-17 | Elite Downtown Residence 1 | 1 | 1,006 sqft | AED 2,107,000 | 2,094 |
| 2024-12-17 | Elite Downtown Residence 1 | 1 | 1,007 sqft | AED 2,107,000 | 2,092 |
| 2024-12-12 | Elite Downtown Residence 1 | 1 | 1,002 sqft | AED 1,650,000 | 1,647 |
Completed transactions in Downtown Dubai
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Community activity
4,678 sales and 10,969 rentals in the last 12 months
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-23 | Baccarat Hotel And Residences | 3 | 3,865 sqft | AED 21,283,857 | 5,507 |
| 2024-12-23 | City Center Residences | 2 | 1,162 sqft | AED 3,210,000 | 2,763 |
| 2024-12-23 | Vida Dubai Mall Tower 1 | 1 | 860 sqft | AED 2,775,000 | 3,228 |
| 2024-12-23 | Baccarat Hotel And Residences | 3 | 4,148 sqft | AED 22,420,773 | 5,405 |
| 2024-12-23 | Baccarat Hotel And Residences | 3 | 4,354 sqft | AED 23,892,403 | 5,487 |
| 2024-12-23 | Standpoint Tower 1 | 2 | 1,355 sqft | AED 2,900,000 | 2,141 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-20.
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