1504, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Elite Downtown Residence
What is 1504 worth today?
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Source: Dubai Land Department. Updated 24 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,616 sqft
- Floor
- 15th of 23
- Parking
- P4-83
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,200 /yr
- Last sold
- AED 4.9M · April 2024
- Building
- Elite Downtown Residence
About 1504, Elite Downtown Residence
1504 is a three-bedroom apartment of 1,616 sqft on the 15th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 24 April 2024 for AED 4,900,000, or AED 3,032 per sqft, 29% above the AED 2,346 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the three-bed median of each year in the building.
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 1504 sits
All 20 3-beds →1504 last sold in April 2024 at AED 3,032 per sqft, 29% above what three-beds in Elite Downtown Residence were fetching at the time (AED 2,346).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20255 March 2025 | 1,616 sqft | 4,600,000 | 2,847 | ||
| 8 Jan 20258 January 2025 | 1,616 sqft | 4,185,000 | 2,590 | ||
| 11 Mar 202411 March 2024 | 1,616 sqft | 4,300,000 | 2,661 | ||
| 6 Dec 20236 December 2023 | 1,616 sqft | 4,743,750 | 2,936 |
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 15th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 824 sqft | AED 1.66MAED 1,656,000 · Apr 2022April 2022 | 80,000 /yr | |
| 1502 | 1-bed | 809 sqft | AED 2.59MAED 2,585,000 · May 2022May 2022 | ||
| 1503 | Studio | 497 sqft | AED 1.86MAED 1,862,250 · Jul 2022July 2022 | ||
| 1505 | 2-bed | 1,366 sqft | AED 2.67MAED 2,670,000 · Apr 2022April 2022 | 213,000 /yr | |
| 1506 | Studio | 536 sqft | AED 1.18MAED 1,176,450 · Aug 2022August 2022 | ||
| 1507 | Studio | 533 sqft | AED 1.19MAED 1,185,000 · Jun 2022June 2022 | 80,000 /yr | |
| 1508 | Studio | 514 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 66,060 /yr | |
| 1509 | 1-bed | 1,006 sqft | AED 1.63MAED 1,625,000 · Jul 2022July 2022 | 100,000 /yr | |
| 1510 | 1-bed | 1,007 sqft | AED 1.65MAED 1,650,000 · Feb 2023February 2023 | 95,000 /yr | |
| 1511 | Studio | 521 sqft | AED 1.09MAED 1,092,500 · Jun 2022June 2022 | 60,000 /yr | |
| 1512 | Studio | 534 sqft | AED 1.21MAED 1,205,000 · Jun 2022June 2022 | 85,000 /yr | |
| 1513 | Studio | 542 sqft | AED 1.32MAED 1,324,800 · Nov 2022November 2022 | ||
| 1514 | 2-bed | 1,760 sqft | AED 2.92MAED 2,924,000 · Feb 2025February 2025 | ||
| 1515 | Studio | 431 sqft | AED 950KAED 950,000 · Sep 2026September 2026 | 80,000 /yr | |
| 1516 | 2-bed | 1,630 sqft | AED 4.7MAED 4,704,500 · Aug 2022August 2022 | ||
| 1517 | Studio | 522 sqft | AED 966KAED 966,000 · Apr 2022April 2022 | 60,000 /yr | |
| 1518 | 1-bed | 810 sqft | AED 1.3MAED 1,301,130 · Feb 2022February 2022 | 145,000 /yr | |
| 1519 | 1-bed | 810 sqft | AED 1.42MAED 1,422,000 · Apr 2022April 2022 | 100,000 /yr | |
| 1520 | Studio | 526 sqft | AED 1.36MAED 1,361,100 · May 2023May 2023 |
1504, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 24 April 2024 for AED 4,900,000, or AED 3,032 per sqft.
Source: Dubai Land Department. Updated 24 April 2024.
Questions about 1504, Elite Downtown Residence
What did unit 1504 last sell for?
AED 4,900,000 on 24 April 2024, sold by the developer: AED 3,032 per sqft for 1,616 sqft. It is the only registered sale of the unit.
How big is unit 1504?
1,616 sqft (150.1 sqm): a three-bedroom apartment on the 15th floor of a 23-storey tower completed in 2022.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1504? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1504, Elite Downtown Residence
Starts from the last sale price (AED 4.9M, 24 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,900,000
- Deposit, UAE resident (20%)
- AED 980,000
- Deposit, non-resident (40%)
- AED 1,960,000
- Monthly over 25 years at 3.7%
- AED 20,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →