Elite Downtown Residence
Every figure below comes from registered Dubai Land Department records: real sales and real Ejari rent contracts, not asking prices. 580 registered sales on record for this project.
Median sold price · 12 mo
AED 1.19M
2,157 AED/sqft · 29 sales
Median rent · last 90 days
AED 71,094/yr
70 registered contracts
Real gross yield
≈ 6%
Registered rents ÷ registered prices
What actually sells in Downtown Dubai, weekly
One email a week: the registered sales and rents in Downtown Dubai, from the Dubai Land Department record. No asking prices, no listings, no agent calling you.
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By Bedroom Count in Elite Downtown Residence
Every registered sale in this building, grouped by how many bedrooms the Land Department recorded. Find your size and you are looking at what homes like yours actually sold for.
| Bedrooms | Sales | Typical size | Median price | Per sqft | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studio | 279 | 527 sqft | AED 1,102,050 | 2,157 | AED 75,000 | 6.8% |
| 1-bed | 162 | 807 sqft | AED 1,600,000 | 1,803 | AED 110,000 | 6.9% |
| 2-bed | 77 | 1,625 sqft | AED 2,656,000 | 1,774 | AED 180,000 | 6.8% |
| 3-bed | 21 | 1,615 sqft | AED 4,000,000 | 2,475 | AED 180,000 | 4.5% |
Source: Dubai Land Department (CC BY 4.0). Bedroom counts and prices are DLD's own record for this building. Rents are registered Ejari contracts in the same building over the last 24 months, matched to each bedroom count by floor area, because Ejari records size rather than bedrooms. A yield is shown only where both sides have a real sample.
Latest Registered Sales
| Date | Type | Size | Price | Per sqft |
|---|---|---|---|---|
| 2026-10-07 | 1 B/R | 807 sqft | AED 1.6M | 1,982 |
| 2026-09-21 | Studio | 534 sqft | AED 935,000 | 1,752 |
| 2026-09-21 | Studio | 431 sqft | AED 950,000 | 2,203 |
| 2026-08-26 | 2 B/R | 1,366 sqft | AED 2.55M | 1,867 |
| 2026-07-30 | Studio | 497 sqft | AED 1.1M | 2,213 |
| 2026-07-24 | Studio | 526 sqft | AED 1.23M | 2,340 |
| 2026-06-10 | Studio | 533 sqft | AED 1.08M | 2,026 |
| 2026-06-08 | Studio | 526 sqft | AED 999,000 | 1,901 |
Source: Dubai Land Department registered transactions. Comparable data, not a formal valuation.
More Buildings in Downtown Dubai
Elite Downtown Residence: common questions
How much does a property in Elite Downtown Residence cost?+
Over the last 12 months the median registered sale price in Elite Downtown Residence in Downtown Dubai was AED 1.19M, across 29 registered sales. That is about 2,157 AED per square foot. These are completed transactions registered with the Dubai Land Department, not asking prices.
What is the rent in Elite Downtown Residence?+
The median registered annual rent in Elite Downtown Residence over the last 90 days was AED 71,094 per year, across 70 registered Ejari contracts. Ejari contracts are the official registered tenancy record, so this reflects what tenants are actually paying rather than advertised rents.
What rental yield does Elite Downtown Residence give?+
Elite Downtown Residence shows a gross rental yield of roughly 6%, calculated by comparing registered Ejari rents against registered sale prices for the same building. That figure is gross, so service charges, management fees and any vacancy still come out of it, commonly one to two percentage points.
Is Elite Downtown Residence a good investment?+
We do not give investment advice, and we will not guess. What the registered record shows for Elite Downtown Residence is 580 registered sales on file, 29 of them in the last 12 months, and a gross yield of about 6%. Transaction volume matters as much as price, because it tells you how easily you could sell again. Compare those figures against other buildings in Downtown Dubai before deciding, and check the service charge for the tower, since it comes straight off your yield.
How do I check what a specific unit in Elite Downtown Residence sold for?+
Every sale in Elite Downtown Residence is registered with the Dubai Land Department, and the recent ones are listed on this page with date, size and price. Looking at one specific unit? Send the listing to Chat DLD on WhatsApp. It compares the asking price against the registered record for this building in seconds, free.
Buying or selling here
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Terms on this page
- Service charge
- Gross rental yield
- Price per square foot
- Jointly owned property
- Built-up area
- Secondary market
Every term, in the Dubai property glossary.
