1115, Elite Downtown Residence
Sold prices and rental history: sold 3 times, last in February 2026, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1115, Elite Downtown Residence
What is 1115 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 11th of 23
- Parking
- P2-01
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 7,500 /yr
- Last sold
- AED 1.28M · February 2026
- Building
- Elite Downtown Residence
About 1115, Elite Downtown Residence
1115 is a studio of 431 sqft on the 11th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 19 February 2026 for AED 1,280,000, or AED 2,967 per sqft, 33% above the AED 2,236 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 64,000 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1115 over time
1115 has sold 3 times; 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 1115 sits
All 229 studios →1115 last sold in February 2026 at AED 2,967 per sqft, 33% above what studios in Elite Downtown Residence were fetching at the time (AED 2,236). 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. 1115's AED 64,000 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 11th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 824 sqft | AED 1.49MAED 1,491,750 · Apr 2018April 2018 | 120,000 /yr | |
| 1102 | 1-bed | 809 sqft | AED 2.05MAED 2,050,000 · Apr 2022April 2022 | 85,000 /yr | |
| 1103 | Studio | 497 sqft | AED 1.64MAED 1,636,000 · May 2022May 2022 | ||
| 1105 | 2-bed | 1,366 sqft | AED 2.51MAED 2,510,000 · Oct 2025October 2025 | 165,000 /yr | |
| 1106 | Studio | 536 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | ||
| 1107 | Studio | 533 sqft | AED 1.1MAED 1,100,000 · Jun 2022June 2022 | 70,000 /yr | |
| 1108 | Studio | 514 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 140,000 /yr | |
| 1109 | 1-bed | 994 sqft | AED 1.29MAED 1,291,634 · Mar 2022March 2022 | 100,000 /yr | |
| 1110 | 1-bed | 1,007 sqft | AED 1.65MAED 1,650,000 · Mar 2025March 2025 | ||
| 1111 | Studio | 521 sqft | AED 915KAED 915,400 · Apr 2022April 2022 | 70,000 /yr | |
| 1112 | Studio | 534 sqft | AED 929KAED 929,200 · Apr 2022April 2022 | 65,000 /yr | |
| 1113 | Studio | 542 sqft | AED 930KAED 930,000 · Jun 2022June 2022 | 68,080 /yr | |
| 1114 | 2-bed | 1,760 sqft | AED 2.32MAED 2,322,000 · Apr 2022April 2022 | ||
| 1116 | 2-bed | 1,630 sqft | AED 3.5MAED 3,500,000 · Aug 2024August 2024 | ||
| 1117 | Studio | 522 sqft | AED 1.07MAED 1,070,000 · Apr 2022April 2022 | ||
| 1118 | 1-bed | 810 sqft | AED 1.51MAED 1,505,000 · Apr 2022April 2022 | 97,000 /yr | |
| 1119 | 1-bed | 810 sqft | AED 1.38MAED 1,376,400 · Apr 2022April 2022 | ||
| 1120 | Studio | 526 sqft | AED 1.25MAED 1,250,000 · Jun 2022June 2022 | 65,000 /yr |
1115, Elite Downtown Residence in numbers
- Sold 3 times: first on 15 June 2022 for AED 916,750, last on 19 February 2026 for AED 1,280,000 (AED 2,967 per sqft).
- Rented since May 2026 on one Ejari contract, at AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2026 price is 5.0%, 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 1 May 2026.
Questions about 1115, Elite Downtown Residence
What did unit 1115 last sell for?
AED 1,280,000 on 19 February 2026: AED 2,967 per sqft for 431 sqft. The unit has 3 registered sales; the first was AED 916,750 in June 2022.
What is the rent for unit 1115?
AED 64,000 a year on the contract signed on 1 May 2026.
How big is unit 1115?
431 sqft (40.0 sqm): a studio on the 11th floor of a 23-storey tower completed in 2022.
What is unit 1115 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 1115, Elite Downtown Residence
Starts from the last sale price (AED 1.28M, 19 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →