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Project profile

Elite Downtown Residence Project · Downtown Dubai · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Triplanet Elite Developements

Data to 4 November 2026

Registered sales
26
Last 12 months
Median ready price
AED 2,026
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 10 February 2022. In the last 12 months, Dubai Land Department registered 26 sales in Elite Downtown Residence, worth AED 37.6M in total. The median price of ready homes was 2,026 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
30 December 2013
DLD end date
10 February 2022
Completion
10 February 2022
Units
469
Buildings
1

Launch and latest registrations.

Launch price
AED 1,558
First 90 days from Jul 2021, 10 home sales
Last 12 months
AED 2,026
26 home sales
Change
—
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Elite Downtown Residence registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales)
Nov 2023 — 1 sale
Dec 2023 — 3 sales
Jan 2024 — 1 sale
Feb 2024 —
Mar 2024 — 4 sales
Apr 2024 — 2 sales
May 2024 — 2 sales
Jun 2024 — 3 sales
Jul 2024 —
Aug 2024 — 3 sales
Sep 2024 — 3 sales
Oct 2024 — 1 sale
Nov 2024 2,784 AED/sqft 5 sales
Dec 2024 2,094 AED/sqft 7 sales
Jan 2025 2,270 AED/sqft 7 sales
Feb 2025 2,469 AED/sqft 5 sales
Mar 2025 — 4 sales
Apr 2025 — 3 sales
May 2025 —
Jun 2025 2,122 AED/sqft 6 sales
Jul 2025 — 3 sales
Aug 2025 2,158 AED/sqft 7 sales
Sep 2025 — 3 sales
Oct 2025 — 4 sales
Nov 2025 — 2 sales
Dec 2025 2,376 AED/sqft 5 sales
Jan 2026 — 3 sales
Feb 2026 — 1 sale
Mar 2026 — 2 sales
Apr 2026 — 2 sales
May 2026 — 2 sales
Jun 2026 — 3 sales
Jul 2026 — 2 sales
Aug 2026 — 1 sale
Sep 2026 — 2 sales
Oct 2026 — 1 sale

What does each home type sell and rent for in Elite Downtown Residence?

  • Apartment · Studio

    Ready median price
    AED 1.1M
    Median yearly rent
    AED 65K
    Gross yield
    6%
  • Apartment · 1 bed

    Ready median price
    —
    Median yearly rent
    AED 100K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    —
    Median yearly rent
    AED 165K
    Gross yield
    Rent only
  • Apartment · 3 beds

    Ready median price
    —
    Median yearly rent
    AED 218.2K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Downtown Dubai area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Downtown Dubai area report

The latest registered sales in Elite Downtown Residence.

  • 7 Oct 2026

    Apartment1 bedReady807 sqft

    AED 1,600,0001,983 AED/sqft

  • 21 Sep 2026

    ApartmentStudioReady431 sqft

    AED 950,0002,204 AED/sqft

  • 21 Sep 2026

    ApartmentStudioReady534 sqft

    AED 935,0001,751 AED/sqft

  • 26 Aug 2026

    Apartment2 bedsReady1,366 sqft

    AED 2,550,0001,867 AED/sqft

  • 30 Jul 2026

    ApartmentStudioReady497 sqft

    AED 1,100,0002,213 AED/sqft

  • 24 Jul 2026

    ApartmentStudioReady526 sqft

    AED 1,230,0002,338 AED/sqft

  • 10 Jun 2026

    ApartmentStudioReady533 sqft

    AED 1,080,0002,026 AED/sqft

  • 8 Jun 2026

    ApartmentStudioReady526 sqft

    AED 999,0001,899 AED/sqft

  • 2 Jun 2026

    ApartmentStudioReady514 sqft

    AED 1,000,0001,946 AED/sqft

  • 11 May 2026

    Apartment2 bedsReady1,760 sqft

    AED 3,347,9041,902 AED/sqft

Questions about Elite Downtown Residence

What is the price per sq ft in Elite Downtown Residence?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 2,026 AED/sqft.

How many homes were sold in Elite Downtown Residence in the last 12 months?

In the last 12 months, Dubai Land Department registered 26 sales in Elite Downtown Residence, worth AED 37.6M in total. The median price of ready homes was 2,026 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Elite Downtown Residence?

In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Elite Downtown Residence, at a median of AED 65,000 a year over 82 new contracts. Against its ready median price of AED 1,080,000, that is a gross yield of 6%, before service charges and other costs.

When was Elite Downtown Residence completed?

Dubai Land Department lists the project as completed on 10 February 2022.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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