1007, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Elite Downtown Residence
What is 1007 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 533 sqft
- Floor
- 10th of 23
- Parking
- P1-54
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.11M · September 2022
- Building
- Elite Downtown Residence
About 1007, Elite Downtown Residence
1007 is a studio of 533 sqft on the 10th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 13 September 2022 for AED 1,110,000, or AED 2,082 per sqft, 10% above the AED 1,898 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2025, is AED 80,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Elite Downtown Residence, and where 1007 sits
All 229 studios →1007 last sold in September 2022 at AED 2,082 per sqft, 10% above what studios in Elite Downtown Residence were fetching at the time (AED 1,898). Over the last 12 months studios sold for AED 935,000 to 1,400,000, around AED 2,208 per sqft, and rent for AED 45,000 to 120,000 a year. 1007's AED 80,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 534 sqft | 935,000 | 1,752 | ||
| 18 Sep 202618 September 2026 | 431 sqft | 950,000 | 2,202 | ||
| 30 Jul 202630 July 2026 | 497 sqft | 1,100,000 | 2,213 | ||
| 23 Jul 202623 July 2026 | 526 sqft | 1,230,000 | 2,340 |
Elite Downtown Residence
Building454 apartments, studios to 3-bed over 23 floors in Downtown Dubai, completed in 2022 by Triplanet Elite Developements . 26 sold in the last 12 months.
- Typical price per sqft
- AED 2,114 Down 5.5%
- Typical sale
- AED 1.2M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.0%
Other units on the 10th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 824 sqft | AED 1.41MAED 1,413,000 · Apr 2022April 2022 | ||
| 1002 | 1-bed | 809 sqft | AED 2.49MAED 2,488,440 · Sep 2023September 2023 | 100,000 /yr | |
| 1003 | Studio | 497 sqft | AED 1.64MAED 1,636,000 · May 2022May 2022 | ||
| 1005 | 2-bed | 1,366 sqft | AED 2.41MAED 2,410,000 · Apr 2022April 2022 | ||
| 1006 | Studio | 536 sqft | AED 987KAED 987,000 · Jun 2022June 2022 | 72,000 /yr | |
| 1008 | Studio | 514 sqft | AED 973KAED 972,900 · Jun 2022June 2022 | 69,806 /yr | |
| 1009 | 1-bed | 1,006 sqft | AED 1.41MAED 1,413,600 · Apr 2022April 2022 | ||
| 1010 | 1-bed | 1,007 sqft | AED 1.6MAED 1,600,000 · Jun 2023June 2023 | 150,000 /yr | |
| 1011 | Studio | 521 sqft | AED 1.02MAED 1,020,000 · Nov 2025November 2025 | 80,000 /yr | |
| 1012 | Studio | 534 sqft | AED 960KAED 960,000 · Mar 2022March 2022 | 100,000 /yr | |
| 1013 | Studio | 542 sqft | AED 1.37MAED 1,370,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1014 | 2-bed | 1,760 sqft | AED 2.84MAED 2,840,000 · Jun 2023June 2023 | 155,000 /yr | |
| 1015 | Studio | 431 sqft | AED 1.44MAED 1,441,800 · Sep 2023September 2023 | 45,000 /yr | |
| 1016 | 2-bed | 1,630 sqft | AED 3.58MAED 3,579,180 · May 2024May 2024 | ||
| 1017 | Studio | 522 sqft | AED 856KAED 856,000 · Mar 2022March 2022 | ||
| 1018 | 1-bed | 810 sqft | AED 1.26MAED 1,258,595 · Feb 2022February 2022 | 145,000 /yr | |
| 1019 | 1-bed | 810 sqft | AED 1.27MAED 1,265,850 · May 2022May 2022 | 90,000 /yr | |
| 1020 | Studio | 526 sqft | AED 1.02MAED 1,015,000 · Apr 2022April 2022 | 12,000 /yr |
1007, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 13 September 2022 for AED 1,110,000, or AED 2,082 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 78,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 9,300 a year (AED 17.47 per sqft).
- Studios in Elite Downtown Residence sold for AED 935,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,114 per sqft.
Source: Dubai Land Department. Updated 1 November 2025.
Questions about 1007, Elite Downtown Residence
What did unit 1007 last sell for?
AED 1,110,000 on 13 September 2022, sold by the developer: AED 2,082 per sqft for 533 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 80,000 a year on the contract signed on 1 November 2025. The previous contract, from September 2024, was AED 78,000.
How big is unit 1007?
533 sqft (49.5 sqm): a studio on the 10th floor of a 23-storey tower completed in 2022.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elite Downtown Residence sold for AED 935,000 to 1,400,000 in the last 12 months, around AED 2,208 per sqft.
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Mortgage on 1007, Elite Downtown Residence
Starts from the last sale price (AED 1.11M, 13 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,110,000
- Deposit, UAE resident (20%)
- AED 222,000
- Deposit, non-resident (40%)
- AED 444,000
- Monthly over 25 years at 3.7%
- AED 4,541
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →