1011, Elite Downtown Residence
Sold prices and rental history: sold twice, last in November 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, Elite Downtown Residence
What is 1011 worth today?
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Source: Dubai Land Department. Updated 13 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 10th of 23
- Parking
- P1-60
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.02M · November 2025
- Building
- Elite Downtown Residence
About 1011, Elite Downtown Residence
1011 is a studio of 521 sqft on the 10th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 13 November 2025 for AED 1,020,000, or AED 1,956 per sqft, 13% below the AED 2,250 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 80,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1011 over time
1011 has sold twice; 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 1011 sits
All 229 studios →1011 last sold in November 2025 at AED 1,956 per sqft, 13% below what studios in Elite Downtown Residence were fetching at the time (AED 2,250). 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. 1011'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 | |
| 1007 | Studio | 533 sqft | AED 1.11MAED 1,110,000 · Sep 2022September 2022 | 80,000 /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 | |
| 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 |
1011, Elite Downtown Residence in numbers
- Sold twice: first on 28 April 2022 for AED 1,000,000, last on 13 November 2025 for AED 1,020,000 (AED 1,956 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 65,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 9,100 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 13 November 2025.
Questions about 1011, Elite Downtown Residence
What did unit 1011 last sell for?
AED 1,020,000 on 13 November 2025: AED 1,956 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in April 2022.
What is the rent for unit 1011?
AED 80,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 72,000; the unit has been rented since June 2022.
How big is unit 1011?
521 sqft (48.4 sqm): a studio on the 10th floor of a 23-storey tower completed in 2022.
What is unit 1011 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 1011, Elite Downtown Residence
Starts from the last sale price (AED 1.02M, 13 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →