Apartments for sale in Elite Downtown Residence 1

How many apartments are listed for sale in Elite Downtown Residence 1?

On Bayut, the number of currently listed flats to buy in Elite Downtown Residence 1 is 34.

How much do the prices of an apartment for sale vary in Elite Downtown Residence 1?

As per the listings on Bayut, you can buy flats in Elite Downtown Residence 1 within a budget of AED 1,120,000 to AED 5,500,000.

How much do apartments cost on average in Elite Downtown Residence 1?

According to the last 6 months' listings on Bayut, a flat for sale in Elite Downtown Residence 1 has an average asking price of around AED 2,056,612. These asking prices may vary depending on the property size, type, condition, etc.

What are the prices of flats listed in Elite Downtown Residence 1 based on number of bedrooms?

Below is a breakdown of average prices of apartments listed in Elite Downtown Residence 1 based on number of bedrooms:

• Studio: AED 1,241,789
• 1 Bedroom: AED 2,089,124
• 2 Bedrooms: AED 2,983,542
• 3 Bedrooms: AED 4,796,689

Has the average asking sale price changed for flats in Elite Downtown Residence 1?

The average asking price for apartments has witnessed a change of -2%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments near Elite Downtown Residence 1?

You can explore the following areas to purchase an apartment near Elite Downtown Residence 1:

• Business Bay
• Dubai Design District (D3)
• Al Wasl

Are there any good schools near Elite Downtown Residence 1?

If you are seeking top schools near Elite Downtown Residence 1, here's what is recommended:

• Dubai International Private School Al Quoz
• Towheed Iranian Boys School
• GEMS Our Own Indian School

Are there any nurseries close to Elite Downtown Residence 1?

Here's what you can find among the top nurseries:

• Blossom Nursery Downtown Dubai
• Toddler Town Downtown Dubai
• Blossom Nursery Business Bay

How much ROI do apartments in Elite Downtown Residence 1 generate?

Investors can earn up to 5.89% return on investment in Elite Downtown Residence 1. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

What are the prices of apartments listed in locations close to Elite Downtown Residence 1?

According to Bayut's listing data in the past 6 months, the average prices of flats listed in locations close to Elite Downtown Residence 1 are as follows:

• Business Bay: AED 3,705,874
• Dubai Design District (D3): AED 5,835,587
• Al Wasl: AED 7,603,832

How many sale transactions were recorded for apartments in Elite Downtown Residence 1?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in Elite Downtown Residence 1 is 36.

What is the average cost of an apartment sold in Elite Downtown Residence 1?

According to DLD’s transactional data, apartments in Elite Downtown Residence 1 have sold at an average price of AED 1,382,303. Prices may go above or below the average depending on the apartment’s size, type, and location.

What is the cost of apartments sold in Elite Downtown Residence 1 based on number of bedrooms?

According to DLD, the average cost of apartments sold in Elite Downtown Residence 1 based on various bedroom categories is as follows:

• Studio: AED 1,138,793
• 1 Bedroom: AED 2,076,250
• 2 Bedrooms: AED 2,810,968

Did prices for an apartment in Elite Downtown Residence 1 experience any changes?

The prices of apartments in Elite Downtown Residence 1 reflect a change of -6% over the past 6 months. The change can be attributed to the prevailing market conditions.

How do transaction prices of apartments sold in areas close to Elite Downtown Residence 1 vary?

Below are average transaction prices of flats sold in areas close Elite Downtown Residence 1 as per DLD's records:

• Business Bay: AED 2,498,792
• Dubai Design District (D3): AED 4,042,549
• Al Wasl: AED 5,322,311