Elite Downtown Residence
by Triplanet Range Group

Studios and 1–3 bedroom apartments

AED 1,20 mln Starting price
Ready Handover
Elite Downtown Residenceby Triplanet Range Group

Buy studios and apartments in Elite Downtown Residence by Triplanet Range Group, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,200,000
Location Downtown Dubai
Handover Ready
Living Area 419 sq. ft. - 1,614 sq. ft.
Bedrooms 1-3 BR
Total amount of units 400
ROI 6.2%

Elite Downtown Residence is a striking 30-story complex in the southern part of Downtown Dubai, developed by Triplanet Range Group. The project is located just minutes from Business Bay and Dubai Water Canal. Studios and 1–3 bedroom apartments are available for purchase

Elite Downtown Residence is located in the prestigious Downtown Dubai, practically on the banks of Dubai Water Canal. The 30-storey golden tower was developed by Triplanet Range Group. The building rises on a podium with numerous amenities, from an infinity pool to cosy cafes. A collection of 400 residences is available for purchase, including studios and 1–3 bedroom apartments. They range in size from 419 sq.ft to 1,614 sq.ft. Finishes are executed in light tones with the use of natural materials. Floor-to-ceiling windows are installed, and the living rooms open onto spacious balconies ideal for lounge areas. Some residences come with three balconies. Open-plan kitchens come fully equipped, while bedrooms are fitted with built-in wardrobes. The ground floor features a spacious lobby with a comfortable waiting area. Residents have access to a gym, a swimming pool, a spa, a steam room, a sauna, shops, cafes, and more.

Elite Downtown Residence
About Elite Downtown Residence

Overview of Elite Downtown Residence

Elite Downtown Residence combines practical layouts, comprehensive amenities, and a prime location. The podium level accommodates a gym, spa, children’s playroom, and an infinity pool, while parking facilities are located in the basement. Each residence features bright interiors, spacious balconies, and stunning views of Burj Khalifa

6.2%

Average ROI

9–10%

Potential ROI

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Community

Downtown Dubai is the hub of Dubai's tourism, entertainment, business, and economic activity. The emirate's signature landmarks are located here, including Burj Khalifa, Dubai Mall, The Dubai Fountain, Dubai Opera, Souk Al Bahar, and others. Downtown Dubai boasts a vibrant nightlife with bars, restaurants, and clubs, incredible shopping options ranging from mass-market to luxury brands, family-oriented attractions, and a rich cultural scene.

The community offers a wide range of supermarkets, strong infrastructure, and a well-developed transport network. Downtown Dubai is not primarily a family-focused area, but it offers a good selection of nurseries, schools, and development centres. The nearest major hospitals, Emirates Hospital Jumeirah and Al Garhoud Private Hospital Clinic, are within a 15-minute drive, and multidisciplinary clinics are accessible in 10 minutes.

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Interior

Elite Downtown Residences are designed in light, airy tones. High-quality materials are used for the finishing, including interior doors with durable hardware, and ceramic and laminate flooring. The interiors feature a minimalist style with Bauhaus elements. Clean geometric lines, well-planned lighting, and abundant natural light create a sense of openness and space. The layouts are designed to ensure efficient use of every area.

Open-plan kitchens are fully furnished and equipped with appliances. Spacious living rooms open onto balconies that are ideal for relaxation. Bedrooms include built-in wardrobes. Moreover, 2–3 bedroom residences offer additional balconies. Bathrooms are equipped with reliable plumbing fixtures, high-quality fittings, and faucets. Each room offers panoramic windows with a silent opening and closing mechanism, with views of the iconic Burj Khalifa.

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Infrastructure

Elite Downtown Residence is located in the southern part of Downtown Dubai, within walking distance of all essential amenities. Souk Al Bahar, inspired by the charm of ancient Arabian markets, is within a 15-minute walk. Here, you can buy spices, sweets, jewellery, perfumes, clothing, antiques, and themed souvenirs. Nearby is Dubai Opera, which hosts world-renowned ballet and opera performances. Also nearby are The Dubai Fountain, a picturesque promenade, Burj Park, and Burj Khalifa. Adjacent to the iconic tower is Dubai Mall, with boutiques and entertainment options for the whole family. These include Dubai Aquarium & Underwater Zoo, VR Park, Reel Cinemas, and Dubai Ice Rink.

South Ridge Park is located next to Elite Downtown Residence and features cycling paths and pedestrian walkways. Within a several-minute walk are Jumeirah International Nursery and playgrounds, the Persona Dubai Image Lab beauty salon, and Dance Studio Dubai. A veterinary clinic, a nightclub, a Spinneys supermarket, a coffee shop, a cafe, a massage centre, and flower shops are also nearby.

Overview

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Amenities of
Elite Downtown Residence

Residents of Elite Downtown Residence enjoy access to premium amenities:

Swimming pool with comfortable sun loungers on the rooftop podium

Swimming pool with comfortable sun loungers on the rooftop podium

Gym

Gym

Barbecue area

Barbecue area

Jacuzzi
Children's pool
Spa
Hammam and sauna
Multifunctional hall
Cafe and shops
Sports courts
Lobby with a comfortable waiting room
24/7 security services and video surveillance
5-level parking garage
Maintenance services
Concierge service
Gallery

Floor Plans of Elite Downtown Residence

Property Type
Bedrooms
Area
Starting Price
Apartments
Studio
from 420 sq. ft.
AED 1,200,000
Studio Apartments
AED 1,20 mln 420 sq. ft.
Bathrooms Bathrooms1

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Apartments
1 Bedroom
from 800 sq. ft.
Ask for Price
1 Bedroom Apartments
Ask for Price 800 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

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We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,350 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,350 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

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We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 1,600 sq. ft.
Ask for Price
3 Bedrooms Apartments
Ask for Price 1,600 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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Elite Downtown Residence
About Us

Economic Appeal of Elite Downtown Residence

Elite Downtown Residence represents a profitable opportunity for both rental income and personal living. The complex is popular among families with children, young couples, working professionals, startups, and digital nomads

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1,18 mln -17%

Median price (AED)

2,240 -3%

Median price per sqft (AED)

49 53%

Transactions

Source: Data taken from DXB for the last year, overview - Elite Downtown Residence

ROI 6.2%

Elite Downtown Residence is located in the heart of Downtown Dubai. Although this area is not considered family-oriented, projects like Elite Downtown Residence are ideal for families with children. The area features carefully planned infrastructure, green promenades, and all essentials for daily living within close proximity. Strong demand from tenants makes the project attractive to investors seeking stable and regular income. According to Global Property Guide, Dubai real estate prices increased by 20% in 2024, with forecasts for 2025–2027 indicating continued growth.

In Q3 2025, a studio at Elite Downtown Residence costs from AED 1.2M (USD 327K). A 1-bedroom apartment can be purchased from AED 1.8M (USD 490K). A spacious 3-bedroom residence with an enormous balcony shared by three rooms starts at AED 3M (USD 817K).

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for rent

As of Q3 2025, the starting annual rent for a studio at Elite Downtown Residence is AED 95K (USD 26K). The average ROI for this type of property is 6.2%.

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for living

Elite Downtown Residence is a modern and elegant complex offering convenient infrastructure and a prime location. The project is located in the centre of a prestigious area. World-famous landmarks are within a 15-minute walk. A supermarket, a cafe, a nursery, a health centre, and a green park are within a 5-minute walk. Clinics, schools, educational and development centres are also nearby. Jumeirah Beach is reachable in a 20-minute drive, and Business Bay is just a 5-minute drive away.

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for resale

Within 2–3 years, the property can be resold at a profit, with the potential for significant returns. For example, the Dubai Residential Property Price Index (RPPI) increased by 20.71% in 2024.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials of Elite Downtown Residence

Project Materials

About Developer Elite Downtown Residence

Triplanet Range Group is an international development company with over 20 years of experience in the real estate market

Known for its strong reputation, the developer delivers residential and commercial projects in Dubai and actively contributes to the region’s development. Triplanet Range Group was founded in 2005 by the Bhadelia family. The company is headquartered in Dubai. Currently, the total investment volume exceeds AED 3B (USD 817M), with more than 3,500 residential units delivered. Over 20 years of operation, the developer has earned a reputation as a reliable and responsible partner specialising in residential and commercial projects. The company continues to expand its presence in the UAE real estate market, playing an active role in the growth of Dubai’s districts. The company's portfolio includes Elite Sports Residences in Dubai Sports City, Elite Downtown Residence in Downtown Dubai, Marina Pinnacle in Dubai Marina, as well as Al Barsha Mall and Al Barsha Business Centre.

Location of Elite Downtown Residence

Elite Downtown Residence is located in the southern part of Downtown Dubai, within a 15-minute walk from Burj Khalifa and Souk Al Bahar. The project is well-suited for family living, while all iconic attractions remain within walking distance

Elite Downtown Residence is only a 5-minute drive from Business Bay. Al Asayel Street and Burj Khalifa Street are nearby. The well-developed Jumeirah Beach and the fashionable La Mer are approximately 15 minutes away. Downtown Dubai offers excellent public transportation options, including the metro, buses, and taxis. Elite Downtown Residence Tower bus stop is within a 5-minute walk from the complex. Routes 50, 51, F19B, and F41 run here. The complex features Jumeirah International Nursery, and the nearest schools, Cockburn John Charles Academy and Ehg Talent Academy, are within a 10-minute walk. The nearest major hospitals, Emirates Hospital Jumeirah and Al Garhoud Private Hospital Clinic, are reachable in a 10-minute drive. Ras Al Khaimah Wildlife Sanctuary can be accessed in approximately 15 minutes by car.

Sights & Attractions

Dubai Ice
Rink

icon 5 min

Dubai Aquarium & Underwater Zoo

5 min

Bay Avenue Park

10 min

Healthcare facilities

Kenza
Wellness

icon 5 min

Aster Clinic

5 min

Covent Clinic

10 min

Educational institutions

First Path
Montessori

icon 5 min

Master Brain

10 min

Old Safa British School

10 min

Transportation

Al Maktoum
International Airport

icon 40 min

Elite Downtown Residence Station

5 min

Burj Khalifa/Dubai Mall Metro Station

10 min

General FAQs

Everything you need to know about the Elite Downtown Residence. Can't find an answer?

Ask a Question

Where is the location of Elite Downtown Residence?

Elite Downtown Residence is located in the southern part of Downtown Dubai, within a 15-minute walk from Burj Khalifa and Souk Al Bahar.

Who is the developer of Elite Downtown Residence?

The project was developed by Triplanet Range Group.

What are the property types in Elite Downtown Residence?

The complex offers studios and 1–3 bedroom apartments

What is the property size in Elite Downtown Residence?

Units range in size from 419 sq.ft to 1,614 sq.ft.

What are the available amenities in Elite Downtown Residence?

Amenities include a rooftop swimming pool with comfortable sun loungers, a jacuzzi, a children's pool, a gym, a spa, a hammam and sauna, a multipurpose hall, a cafe and shops, sports courts, a barbecue area, a lobby with a comfortable waiting room, 24/7 security services, video surveillance, 5-level parking, maintenance services, and concierge service.

What are the available views in Elite Downtown Residence?

Balconies and windows offer views of Burj Khalifa, the park, and the Downtown Dubai skyline.

Is Elite Downtown Residence a good investment in Dubai?

Elite Downtown Residence is an attractive investment opportunity. Although this area is not traditionally viewed as a family-oriented one, projects like Elite Downtown Residence are ideal for families with children. The infrastructure is well-designed, with green promenades and all daily necessities close at hand. The project is popular among tenants, allowing investors to receive a regular, stable income. As of Q3 2025, the starting annual rental price for a studio at Elite Downtown Residence is AED 95K (USD 26K). The average ROI for this type of property is 6.2%.

Is Elite Downtown Residence a good place to live?

Elite Downtown Residence is an excellent option for comfortable living, offering convenient amenities and a prime location. The project is located in the centre of a prestigious area, with world-famous landmarks within a 15-minute walk. A supermarket, a cafe, a nursery, a health centre, and a green park are within a 5-minute walk. Clinics, schools, and development centres are also nearby. Jumeirah Beach is accessible in a 20-minute drive, and Business Bay is a 5-minute drive away.

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Elite Downtown Residence
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Elite Downtown Residence

Starting Price AED 1,20 mln

Handover Ready