Elite Downtown Residence by Triplanet Range Group

Elite Downtown Residence is a premium-class residential complex by developer Triplanet Range Group, located in the heart of Dubai's Downtown Dubai district. Studios and apartments with 1-3 bedrooms are available for purchase. You can enjoy an active lifestyle in the center of the emirate amidst numerous entertainment venues.

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$ 317 000
Price
6.2%
ROI
Ready
to move in
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About the project

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premium residential complex

Elite Downtown Residence in Downtown Dubai

Elite Downtown Residence is a premium residential complex located in the heart of Dubai - Downtown Dubai. The complex was built by Triplanet Range Group in 2021 and is ready for occupancy. Elite Downtown Residence is a 30-story tower with a podium. Spacious balconies and terraces offer views of the Burj Khalifa skyscraper and the Dubai Fountain on one side, and the Dubai Water Canal waterfront on the other side.

The complex offers fully furnished premium studios and apartments with 1-3 bedrooms ranging in size from 40 sqm to 164 sqm. The interiors of the residences are done in light beige tones. The kitchens and bathrooms are equipped with all the necessary modern appliances from leading brands.

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Key Advantages

Residents are offered a wide range of premium amenities. You can relax in the infinity pool, outdoor jacuzzi, sauna, or steam room. For children, there is a separate pool and playground. You can maintain your physical fitness in the modern gym.

  • gym
  • pools
  • sports court
  • children's playground
  • outdoor jacuzzi
  • sauna and steam room
  • wellness club
  • learn more

The podium of the complex features a five-level car park, exclusive boutiques, and shops. Residents have access to 24-hour concierge service and maintenance for the residences.

You can buy a studio in Elite Downtown Residence for a price starting from AED 1.17 million (USD 317 thousand). One-bedroom apartments are sold for a price starting from AED 1.9 million (USD 517 thousand), and two-bedroom apartments start from AED 3.25 million (USD 885 thousand). The most spacious three-bedroom residences cost from AED 3.98 million (USD 1.1 million).

For morning jogs and evening strolls, Dubai Water Canal waterfront is just a 5-minute walk from Elite Downtown Residence. The nearest beach, La Mer Beach, is a 15-minute drive away.

Within a five-minute walk, there are bus stops at Damac Maison Prive and South Ridge Tower. Public transportation is convenient for getting around Business Bay and other nearby areas. A water taxi dock is also available a 15-minute walk from Elite Downtown Residence.

Infrastructure

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Elite Downtown Residence offers a comfortable and luxurious lifestyle in the heart of Dubai, within walking distance of the most popular attractions.

You can buy groceries and household items at the nearest supermarkets - F Mart Retails, Spinneys, Grandiose, Viva, and Al Adi. They are all within a 5-minute walk. Within the same radius, you can find Healthfirst 24 DXB, MedX, and LIFE Pharmacy, as well as Jumeirah International Nursery and City School Holdings International and First Path Montessori schools.

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Location

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5-15 minutes

Jumeirah, Downtown Dubai, Business Bay, DIFC, La Mer Beach, Dubai Mall, Ras al Khor Wildlife Sanctuary, Dubai International Airport (DXB)

20-45 minutes

Mall of the Emirates, Burj Al Arab, Palm Jumeirah, Dubai Marina, JBR Beach, Al Maktoum International Airport (DWC)

Within a 10-minute drive from Elite Downtown Residence are Dubai's main highways - Sheikh Zayed Road and Ras Al Khor Road. You can quickly reach any location in the emirate using these roads.

Dubai Mall is a 10-minute drive away. Here you will find a large number of branded boutiques and shops. Families with children can enjoy Dubai Aquarium and Underwater Zoo, the world's largest candy store Candylicious, or experience a flight simulator on the Airbus A380. You can dine at restaurants and cafes, most of which offer magnificent views of the famous Dubai Fountain and the Burj Khalifa skyscraper.

Also within the same distance from Elite Downtown Residence is the Dubai International Financial Centre (DIFC), which has the status of a special economic zone and is a leading financial center for the Middle East, Africa, and South Asia markets. This location is convenient for office employees and businessmen.

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Economic Attractiveness

Elite Downtown Residence is located in close proximity to business districts such as Downtown Dubai, Business Bay, and Trade Center, which will especially appeal to businessmen and corporate employees. The complex is suitable for families with children due to its spacious residences, amenities, and developed infrastructure.

Elite Downtown Residence can be a profitable investment - the residences can be rented out. The average cost for a one-bedroom apartment in Elite Downtown Residence is AED 122,000 (USD 33,000) per year. The ROI for this type of property in the Downtown Dubai area is at a level of 6.2%.

UAE residency visa

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An additional advantage is that you can obtain a two-year resident visa immediately after purchase. And if the price of the residence is above AED 2 million (USD 545,000), you can apply for a "Golden Visa" valid for 10 years. Both documents apply to your spouse and children.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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