3-bed · 1,616 sqftElite Downtown Residence, Downtown Dubai · 1st floor · completed 2022

104, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 3.44M25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Elite Downtown Residence

What is 104 worth today?

Last sold for AED 3,436,000 in 2023

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25 Oct 2023Sold by developerReady
AED 3,436,000AED 2,125 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
3-bed apartment
Size
1,616 sqft
Floor
1st of 23
Parking
B-27
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 3.44M · October 2023

About 104, Elite Downtown Residence

104 is a three-bedroom apartment of 1,616 sqft on the 1st floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 25 October 2023 for AED 3,436,000, or AED 2,125 per sqft, 7% below the AED 2,285 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical three-bed in Elite Downtown Residence
3.5M4M202220232024Typical sale price by year: 2022 AED 4,000,000; 2023 AED 3,642,300Sold by developer, October 2023: AED 3,436,000 (AED 2,125 per sqft)

104 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 104, each contractTypical three-bed in Elite Downtown Residence
220K225K2024202520262027Typical rent by year: 2024 AED 220,000; 2025 AED 225,000; 2026 AED 218,182

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Elite Downtown Residence, and where 104 sits

All 20 3-beds →

104 last sold in October 2023 at AED 2,125 per sqft, 7% below what three-beds in Elite Downtown Residence were fetching at the time (AED 2,285).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20254,600,000
8 Jan 20254,185,000
24 Apr 20244,900,000
11 Mar 20244,300,000
0 3-bed 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 1st floor

All 454 units in Elite Downtown Residence
Value
1011-bedAED 1.43M · Jun 2022
1021-bedAED 1.52M · Feb 2022
103StudioAED 1.1M · May 2022
1052-bedAED 2.29M · Jun 2022
106StudioAED 921K · Jul 2022
107StudioAED 956K · Jun 2022
108StudioAED 955K · Jun 2022
1–7 of 19

104, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 25 October 2023 for AED 3,436,000, or AED 2,125 per sqft.

Source: Dubai Land Department. Updated 25 October 2023.

Questions about 104, Elite Downtown Residence

What did unit 104 last sell for?

AED 3,436,000 on 25 October 2023, sold by the developer: AED 2,125 per sqft for 1,616 sqft. It is the only registered sale of the unit.

How big is unit 104?

1,616 sqft (150.1 sqm): a three-bedroom apartment on the 1st floor of a 23-storey tower completed in 2022.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 104, Elite Downtown Residence

Starts from the last sale price (AED 3.44M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,436,000
Deposit, UAE resident (20%)
AED 687,200
Deposit, non-resident (40%)
AED 1,374,400
Monthly over 25 years at 3.7%
AED 14,058

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