Compliance & specs
DLD-verifiableAbout
Project general facts
Elite Downtown Residence is now a newly launched project in emerging district of Dubai, Downtown Dubai.
Elite Downtown Residence is designed with sumptuous and stylish furnished residence. Standing 30 storey’s tall with over 400 stunning apartments and 5 levels of parking, Elite Downtown Residence emphasizes on larger living spaces to provide you with high-quality living. It flaunts gorgeous fully furnished Studio, 1, 2 and 3 freehold bedroom apartments with swimming pool, Gym and Children’s Play Area at the podium level.
Situated within the Burj Khalifa Community, Elite Downtown Residence is at the center of a range of shopping, leisure, and recreational outlets. It also provides effortless mobility, with the Burj Khalifa and Business Bay Metro stations within close reach and easy access to the major transport routes of Sheikh Zayed Road, Financial Centre Road, and Al Khail Road. In Elite Downtown Residence, you are only minutes away from everything Dubai has to offer.
Finishing and materials
Luxury finishes in the house
Kitchen and appliances
Fully equipped kitchen with appliances included
Furnishing
Fully Furnished Apartments
Location description and benefits
As the name suggests, Downtown Dubai is the centre of Dubai, constantly evolving at a fast pace. Home to many landmarks and world-famous attractions, including Burj Khalifa, the Dubai Mall and Dancing Fountains, the area is a hub of activities. The prime location keeps Downtown busy throughout the year. Constantly attracting tourists, there’re always some new things to do in Downtown Dubai. The area is best known for offering a luxurious lifestyle. It used to be a vertical community, but many villas have also been added to the real estate market. As per Bayut’s 2020 Rental Market Report, it is the second most popular area offering luxury apartments for rent after Dubai Marina. Downtown is well connected to other key commercial and residential areas in the city. Strategically located along Sheikh Zayed Road, E11, across Al Wasl and bordering Business Bay, it is a pretty active and bustling neighbourhood. Downtown is one of Dubai’s best areas for non-drivers and frequent travellers. Many amenities, including upscale hotels, chic leisure points and massive shopping centres, make Downtown Dubai a sought-after address and “the centre of now.”
Floor plans
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 100% | 1,000,000 | 272,300 | 272,300 |
| Total | 100% | AED 1,000,000 | USD 272,300 | |||
Cash-flow shape: 100% during the construction period (100% upon booking).
Considering paying upfront?
Cash-purchase deals are often negotiable with developers. Talk to us before booking direct — that's our highest- leverage move on your behalf. Free 30-min consultation →
Opens directly in Excel, Numbers, or Google Sheets.
More questions?100% free advisory
Our advisors walk you through the math, the trade-offs, and the post-handover options. You don't pay us — ever.
Amenities
5 features
Location
25.18643, 55.27850
About Downtown Dubai
Downtown Dubai is one of Dubai's recognized investment communities, with 20 projects in our catalogue. Detailed area profile in development.
Explore Downtown DubaiAbout Triplanet Ranger Development
Detailed background coming soon. In the meantime, see all the developer's active and past projects below.
Building details
Studio, 1, 2 & 3 Bedroom freehold apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
| Apartment | 0 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
Price on request
Talk to a Casadior broker
