1401, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Elite Downtown Residence
What is 1401 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 824 sqft
- Floor
- 14th of 23
- Parking
- P2-43
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,400 /yr
- Last sold
- AED 2.57M · September 2022
- Building
- Elite Downtown Residence
About 1401, Elite Downtown Residence
1401 is a one-bedroom apartment of 824 sqft on the 14th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 29 September 2022 for AED 2,572,100, or AED 3,122 per sqft, 80% above the AED 1,734 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 100,020 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1401 over time
1401 has sold once; the dashed line is the one-bed median of each year in the building.
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 1401 sits
All 136 1-beds →1401 last sold in September 2022 at AED 3,122 per sqft, 80% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,734). 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. 1401's AED 100,020 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 807 sqft | 1,600,000 | 1,982 | ||
| 30 Apr 202630 April 2026 | 809 sqft | 2,000,000 | 2,473 | ||
| 9 Dec 20259 December 2025 | 806 sqft | 2,190,000 | 2,717 | ||
| 4 Dec 20254 December 2025 | 809 sqft | 2,065,000 | 2,553 |
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 14th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 809 sqft | AED 3.32MAED 3,322,200 · Aug 2022August 2022 | ||
| 1403 | Studio | 497 sqft | AED 2.22MAED 2,222,700 · Sep 2022September 2022 | 74,000 /yr | |
| 1405 | 2-bed | 1,366 sqft | AED 2.72MAED 2,719,840 · Sep 2023September 2023 | 170,000 /yr | |
| 1406 | Studio | 536 sqft | AED 1.37MAED 1,367,400 · Feb 2023February 2023 | 75,000 /yr | |
| 1407 | Studio | 533 sqft | AED 1.22MAED 1,218,000 · Jan 2023January 2023 | ||
| 1408 | Studio | 514 sqft | AED 1.19MAED 1,188,000 · Jan 2026January 2026 | 85,000 /yr | |
| 1409 | 1-bed | 1,006 sqft | AED 1.88MAED 1,875,000 · Mar 2023March 2023 | 120,000 /yr | |
| 1410 | 1-bed | 1,007 sqft | AED 1.73MAED 1,734,700 · Aug 2022August 2022 | ||
| 1411 | Studio | 521 sqft | AED 1.08MAED 1,078,800 · Aug 2022August 2022 | 74,000 /yr | |
| 1412 | Studio | 534 sqft | AED 1.09MAED 1,087,500 · Aug 2022August 2022 | 85,000 /yr | |
| 1413 | Studio | 542 sqft | AED 1.23MAED 1,225,000 · Aug 2022August 2022 | 65,000 /yr | |
| 1414 | 2-bed | 1,760 sqft | AED 3.1MAED 3,100,000 · Dec 2023December 2023 | ||
| 1415 | Studio | 431 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | ||
| 1416 | 2-bed | 1,630 sqft | AED 3.97MAED 3,969,000 · May 2023May 2023 | ||
| 1417 | Studio | 522 sqft | AED 1.2MAED 1,200,000 · May 2022May 2022 | 63,000 /yr | |
| 1418 | 1-bed | 810 sqft | AED 1.76MAED 1,757,700 · Jun 2022June 2022 | ||
| 1419 | 1-bed | 810 sqft | AED 1.84MAED 1,836,750 · Jun 2022June 2022 | 80,000 /yr | |
| 1420 | Studio | 526 sqft | AED 1.35MAED 1,345,500 · May 2023May 2023 |
1401, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 29 September 2022 for AED 2,572,100, or AED 3,122 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 130,000 to AED 100,020 a year.
- At AED 100,020 a year the gross yield on the 2022 price is 3.9%, before a service charge of about AED 14,400 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 25 January 2026.
Questions about 1401, Elite Downtown Residence
What did unit 1401 last sell for?
AED 2,572,100 on 29 September 2022, sold by the developer: AED 3,122 per sqft for 824 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 100,020 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since November 2022.
How big is unit 1401?
824 sqft (76.6 sqm): a one-bedroom apartment on the 14th floor of a 23-storey tower completed in 2022.
What is unit 1401 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 1401, Elite Downtown Residence
Starts from the last sale price (AED 2.57M, 29 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,572,100
- Deposit, UAE resident (20%)
- AED 514,420
- Deposit, non-resident (40%)
- AED 1,028,840
- Monthly over 25 years at 3.7%
- AED 10,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →