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A digital elevation model (DEM) represents the topographic surface of the Earth and is an indispensable source of data in many applications, such as flood modeling, infrastructure design and land management. DEM data at high spatial resolution and high accuracy of elevation data are not only costly and time-consuming to acquire but also often confidential. In this paper, we explore a cost-effective approach to derive good quality DEM data by applying a multi-channel convolutional neural network (CNN) to enhance free resources of available DEM data. Shuttle Radar Topography Mission (SRTM) data, multi-spectral imaging Sentinel-2, as well as Google satellite imagery were used as inputs to the CNN model. The CNN model was first trained using high-quality reference DEM data in a dense urban city—Nice, France—then validated on another site in Nice and finally tested in the Orchard Road area (Singapore), which is also an equally dense urban area in Singapore. The CNN model not only shows an impressive reduction in the root mean square error (RMSE) of 50% at validation site in Nice and 30% at the test site in Singapore, but also results in much clearer profiles of the land surface than input SRTM data. A comparison between CNN performance and that of an earlier conducted study using artificial neural networks (ANN) was conducted as well. The comparison within this limited study shows that CNN yields a more accurate DEM. [ABSTRACT FROM AUTHOR]