Elite Downtown Residence property prices & sales
Elite Downtown Residence at a glance written from registered records
Elite Downtown Residence recorded 29 registered sales in the last 12 months, worth AED 42.01M in total. The median price was AED 2,203 per sq ft, down 2.9% on the previous 12 months, and the median sale price was AED 1.19M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 237 rental contracts registered in the same period, the median annual rent was AED 90,000, an indicative gross yield of 7.6%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 18 | 2,114 | AED 1.18M |
| 2025 | 49 | 2,236 | AED 1.19M |
| 2024 | 31 | 2,196 | AED 1.31M |
| 2023 | 80 | 2,391 | AED 2.27M |
| 2022 | 331 | 1,870 | AED 1.29M |
| 2021 | 27 | 1,557 | AED 1.26M |
| 2018 | 2 | 1,984 | AED 1.31M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 54 | AED 1.10M | AED 1.17M | AED 1.20M | 2,236 | 522 sq ft |
| 1 B/R | 16 | AED 1.80M | AED 2.02M | AED 2.11M | 2,409 | 810 sq ft |
| 2 B/R | 8 | AED 2.48M | AED 2.56M | AED 2.91M | 1,834 | 1,563 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-21 | Unit | Studio | Elite Downtown Residence | 534 | AED 935,000 | 1,752 |
| 2026-09-21 | Unit | Studio | Elite Downtown Residence | 431 | AED 950,000 | 2,203 |
| 2026-08-26 | Unit | 2 B/R | Elite Downtown Residence | 1,366 | AED 2,550,000 | 1,867 |
| 2026-07-30 | Unit | Studio | Elite Downtown Residence | 497 | AED 1,100,000 | 2,213 |
| 2026-07-24 | Unit | Studio | Elite Downtown Residence | 526 | AED 1,230,000 | 2,340 |
| 2026-06-10 | Unit | Studio | Elite Downtown Residence | 533 | AED 1,080,000 | 2,026 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Elite Downtown Residence
What is the average price per sq ft in Elite Downtown Residence?
Over the last 12 months the median registered sale price in Elite Downtown Residence was AED 2,203 per sq ft (-2.9% year on year).
What is the rental yield in Elite Downtown Residence?
Comparing the median annual rent (AED 90,000) with the median sale price (AED 1,188,000) over the last 12 months gives an indicative gross yield of 7.6%.
How many properties sold in Elite Downtown Residence in the last 12 months?
29 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Elite Downtown Residence?
The median annual rent across 237 contracts registered in the last 12 months was AED 90,000.
Comparables in DownTown Dubai 12m
Elite Downtown Residence ranks #43 of 54 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Binghatti Skyblade | 546 | 3,913 |
| Solara Tower Dubai | 50 | 3,740 |
| Grande | 61 | 3,539 |
| The Address Dubai Opera | 71 | 3,508 |
| The St. Regis Residences, Downtown Dubai | 126 | 3,107 |
| Act One | Act Two | 55 | 3,057 |
| One Residence | 74 | 2,930 |
| Burj Khalifa Towers | 117 | 2,929 |
| Forte | 72 | 2,859 |
| Burj Crown | 51 | 2,798 |
| Imperial Avenue | 67 | 2,398 |
| 29 Boulevard | 79 | 2,282 |
| Elite Downtown Residence | 29 | 2,203 |
Project record
| Developer | Triplanet Elite Developements L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2022-02-10 |
| Units | 469 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
