1515, Elite Downtown Residence
Sold prices and rental history: sold twice, last in September 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1515, Elite Downtown Residence
What is 1515 worth today?
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Source: Dubai Land Department. Updated 18 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 15th of 23
- Parking
- P3-02
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 7,500 /yr
- Last sold
- AED 950K · September 2026
- Building
- Elite Downtown Residence
About 1515, Elite Downtown Residence
1515 is a studio of 431 sqft on the 15th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 18 September 2026 for AED 950,000, or AED 2,202 per sqft, in line with the AED 2,213 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 January 2025, is AED 80,000 a year: a gross yield of 8.4% on the 2026 price, before the service charge of about AED 7,500 a year.
Sales and rents for 1515 over time
1515 has sold twice; 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 1515 sits
All 229 studios →1515 last sold in September 2026 at AED 2,202 per sqft, in line with what studios in Elite Downtown Residence were fetching at the time (AED 2,213). 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. 1515's AED 80,000 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 | ||
| 30 Jul 202630 July 2026 | 497 sqft | 1,100,000 | 2,213 | ||
| 23 Jul 202623 July 2026 | 526 sqft | 1,230,000 | 2,340 | ||
| 9 Jun 20269 June 2026 | 533 sqft | 1,080,000 | 2,026 |
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 | ||
| 1504 | 3-bed | 1,616 sqft | AED 4.9MAED 4,900,000 · Apr 2024April 2024 | ||
| 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 | ||
| 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 |
1515, Elite Downtown Residence in numbers
- Sold twice: first on 30 June 2022 for AED 935,750, last on 18 September 2026 for AED 950,000 (AED 2,202 per sqft).
- Rented since October 2022 on 2 Ejari contracts, from AED 68,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2026 price is 8.4%, 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 18 September 2026.
Questions about 1515, Elite Downtown Residence
What did unit 1515 last sell for?
AED 950,000 on 18 September 2026: AED 2,202 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 935,750 in June 2022.
What is the rent for unit 1515?
AED 80,000 a year on the contract signed on 15 January 2025. The previous contract, from October 2022, was AED 68,000.
How big is unit 1515?
431 sqft (40.0 sqm): a studio on the 15th floor of a 23-storey tower completed in 2022.
What is unit 1515 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 1515, Elite Downtown Residence
Starts from the last sale price (AED 950K, 18 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →