1-bed · 809 sqftElite Downtown Residence, Downtown Dubai · 13th floor · completed 2022

1302, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 21 June 2026
Last soldAED 2.08M7 April 2022
Current rentAED 80K /yr21 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Elite Downtown Residence

What is 1302 worth today?

Last sold for AED 2,081,000 in 2022

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21 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
12 Sep 2025RentedNew contract
AED 105,000/yr12 months · AED 130 per sqft
20 Aug 2024RentedRenewal
AED 110,000/yr12 months · AED 136 per sqft
20 Aug 2023RentedNew contract
AED 99,000/yr12 months · AED 123 per sqft
20 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
7 Apr 2022Sold by developerReady
AED 2,081,000AED 2,573 per sqft

Source: Dubai Land Department. Updated 21 June 2026.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
13th of 23
Parking
P2-23
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.08M · April 2022

About 1302, Elite Downtown Residence

1302 is a one-bedroom apartment of 809 sqft on the 13th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 7 April 2022 for AED 2,081,000, or AED 2,573 per sqft, 65% above the AED 1,557 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 21 June 2026, is AED 80,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical one-bed in Elite Downtown Residence
1.5M2M202120232025Typical sale price by year: 2021 AED 1,258,800; 2022 AED 1,528,625; 2023 AED 2,274,840; 2024 AED 1,650,000; 2025 AED 2,025,000Sold by developer, April 2022: AED 2,081,000 (AED 2,573 per sqft)

1302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, each contractTypical one-bed in Elite Downtown Residence
80K100K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, August 2022: AED 90,000 a yearNew contract, August 2023: AED 99,000 a yearRenewal, August 2024: AED 110,000 a yearNew contract, September 2025: AED 105,000 a yearNew contract, June 2026: AED 80,000 a year

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

1-beds in Elite Downtown Residence, and where 1302 sits

All 136 1-beds →

1302 last sold in April 2022 at AED 2,573 per sqft, 65% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,557). Over the last 12 months one-beds sold for AED 1,600,000 to 2,190,000, around AED 2,513 per sqft, and rent for AED 80,000 to 155,000 a year. 1302's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
30 Apr 20262,000,000
9 Dec 20252,190,000
4 Dec 20252,065,000
4 1-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 13th floor

All 454 units in Elite Downtown Residence
Value
13011-bedAED 1.7M · Apr 2022
1303StudioAED 1.35M · Apr 2025
13043-bedAED 4.3M · Mar 2024
13052-bedAED 2.66M · Mar 2023
1306StudioAED 1.18M · Aug 2022
1307StudioAED 1.18M · Jun 2022
1308StudioAED 831K · Jan 2022
1–7 of 19

1302, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 7 April 2022 for AED 2,081,000, or AED 2,573 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 14,100 a year (AED 17.47 per sqft).
  • One-beds in Elite Downtown Residence sold for AED 1,600,000–2,190,000 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 21 June 2026.

Questions about 1302, Elite Downtown Residence

What did unit 1302 last sell for?

AED 2,081,000 on 7 April 2022, sold by the developer: AED 2,573 per sqft for 809 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 80,000 a year on the contract signed on 21 June 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since August 2022.

How big is unit 1302?

809 sqft (75.2 sqm): a one-bedroom apartment on the 13th floor of a 23-storey tower completed in 2022.

What is unit 1302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Downtown Residence sold for AED 1,600,000 to 2,190,000 in the last 12 months, around AED 2,513 per sqft.

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Mortgage on 1302, Elite Downtown Residence

Starts from the last sale price (AED 2.08M, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,081,000
Deposit, UAE resident (20%)
AED 416,200
Deposit, non-resident (40%)
AED 832,400
Monthly over 25 years at 3.7%
AED 8,514

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