Studio · 431 sqftElite Downtown Residence, Downtown Dubai · 10th floor · completed 2022

1015, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 26 August 2026
Last soldAED 1.44M12 September 2023
Current rentAED 45K /yr26 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1015, Elite Downtown Residence

What is 1015 worth today?

Last sold for AED 1,441,800 in 2023

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26 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 104 per sqft
12 Sep 2023Sold by developerReady
AED 1,441,800AED 3,342 per sqft

Source: Dubai Land Department. Updated 26 August 2026.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
10th of 23
Parking
P1-63
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 7,500 /yr
Last sold
AED 1.44M · September 2023

About 1015, Elite Downtown Residence

1015 is a studio of 431 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 12 September 2023 for AED 1,441,800, or AED 3,342 per sqft, 33% above the AED 2,522 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2026. The current contract, signed on 26 August 2026, is AED 45,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical studio in Elite Downtown Residence
1M1.5M2021202320252027Typical sale price by year: 2021 AED 867,000; 2022 AED 1,017,425; 2023 AED 1,331,440; 2024 AED 1,255,000; 2025 AED 1,150,000; 2026 AED 1,090,000Sold by developer, September 2023: AED 1,441,800 (AED 3,342 per sqft)

1015 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1015, each contractTypical studio in Elite Downtown Residence
40K60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, August 2026: AED 45,000 a year

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 1015 sits

All 229 studios →

1015 last sold in September 2023 at AED 3,342 per sqft, 33% above what studios in Elite Downtown Residence were fetching at the time (AED 2,522). 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. 1015's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026935,000
18 Sep 2026950,000
30 Jul 20261,100,000
23 Jul 20261,230,000
18 studio sales in the last 12 months

Elite Downtown Residence

Building

454 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%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 454 units in Elite Downtown Residence
Value
10011-bedAED 1.41M · Apr 2022
10021-bedAED 2.49M · Sep 2023
1003StudioAED 1.64M · May 2022
10052-bedAED 2.41M · Apr 2022
1006StudioAED 987K · Jun 2022
1007StudioAED 1.11M · Sep 2022
1008StudioAED 973K · Jun 2022
1–7 of 18

1015, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 12 September 2023 for AED 1,441,800, or AED 3,342 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 3.1%, before a service charge of about AED 7,500 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 26 August 2026.

Questions about 1015, Elite Downtown Residence

What did unit 1015 last sell for?

AED 1,441,800 on 12 September 2023, sold by the developer: AED 3,342 per sqft for 431 sqft. It is the only registered sale of the unit.

What is the rent for unit 1015?

AED 45,000 a year on the contract signed on 26 August 2026.

How big is unit 1015?

431 sqft (40.0 sqm): a studio on the 10th floor of a 23-storey tower completed in 2022.

What is unit 1015 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 1015, Elite Downtown Residence

Starts from the last sale price (AED 1.44M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,441,800
Deposit, UAE resident (20%)
AED 288,360
Deposit, non-resident (40%)
AED 576,720
Monthly over 25 years at 3.7%
AED 5,899

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →