1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 16th floor · completed 2022

1619, Elite Downtown Residence

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

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Unit 1619 · DLD and Ejari recordsUpdated 2 February 2025

Last soldAED 1.35M2 March 2022

Current rentAED 115K /yr2 February 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1619, Elite Downtown Residence

Today

What is 1619 worth today?

Last sold for AED 1,350,000 in 2022

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2 Feb 2025

2 Feb 2025RentedNew contract

AED 115,000/yr12 months · AED 142 per sqft

2 Feb 2025

2 Feb 2025RentedNew contract

AED 115,000/yr12 months · AED 142 per sqft

3 Oct 2024

3 Oct 2024RentedNew contract

AED 120,000/yr12 months · AED 148 per sqft

23 Jul 2024

23 Jul 2024RentedRenewal

AED 99,750/yr2 months · AED 124 per sqft

23 Jul 2023

23 Jul 2023RentedRenewal

AED 95,000/yr12 months · AED 118 per sqft

23 Jul 2022

23 Jul 2022RentedNew contract

AED 90,000/yr12 months · AED 111 per sqft

2 Mar 2022

2 Mar 2022Sold by developerOff-plan

AED 1,350,000AED 1,667 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type: 1-bed apartment
Size: 810 sqft
Floor: 16th of 23
Parking: P3-23
Developer: Triplanet Elite Developements
Completed: 2022
Service charge: AED 14,100 /yr
Last sold: AED 1.35M · March 2022
Building: Elite Downtown Residence

About 1619, Elite Downtown Residence

1619 is a one-bedroom apartment of 810 sqft on the 16th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 2 March 2022 for AED 1,350,000, or AED 1,667 per sqft, 7% above the AED 1,554 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 2 February 2025, is AED 115,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1619 over time

Sales

Unit 1619, each saleTypical one-bed in Elite Downtown Residence

1619 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1619, each contractTypical one-bed in Elite Downtown Residence

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 1619 sits

All 136 1-beds →

1-beds in Elite Downtown Residence · last 12 months2,513 /sqft Elite Downtown Residence · all types2,114 /sqft

1619 last sold in March 2022 at AED 1,667 per sqft, 7% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,554). 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. 1619's AED 115,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 16th floor

All 454 units in Elite Downtown Residence


1601	1-bed	824 sqft	AED 1.34MAED 1,339,500 · Dec 2021December 2021	110,306 /yr
1602	1-bed	809 sqft	AED 2MAED 2,000,000 · Apr 2026April 2026
1603	Studio	497 sqft	AED 945KAED 945,250 · Sep 2021September 2021	75,000 /yr
1604	3-bed	1,616 sqft	AED 2.98MAED 2,981,000 · Mar 2022March 2022	220,000 /yr
1605	2-bed	1,366 sqft	AED 2.84MAED 2,840,000 · Apr 2022April 2022
1606	Studio	536 sqft	AED 950KAED 950,000 · Jul 2022July 2022	65,000 /yr
1607	Studio	533 sqft	AED 1.08MAED 1,080,000 · Jun 2026June 2026	70,000 /yr
1608	Studio	514 sqft	AED 1MAED 1,000,000 · Jun 2026June 2026
1609	1-bed	1,006 sqft	AED 1.7MAED 1,700,000 · Sep 2022September 2022
1610	1-bed	1,007 sqft	AED 1.7MAED 1,700,000 · Sep 2022September 2022
1611	Studio	521 sqft	AED 1.24MAED 1,240,000 · Jun 2022June 2022	75,000 /yr
1612	Studio	534 sqft	AED 1.04MAED 1,036,800 · May 2022May 2022	80,000 /yr
1613	Studio	542 sqft	AED 1.39MAED 1,387,000 · Nov 2022November 2022	57,000 /yr
1614	2-bed	1,760 sqft	AED 3.09MAED 3,088,000 · Jun 2023June 2023
1615	Studio	431 sqft	AED 955KAED 954,750 · Jun 2022June 2022	55,000 /yr
1616	2-bed	1,630 sqft	AED 2.34MAED 2,341,750 · Dec 2021December 2021	230,000 /yr
1617	Studio	522 sqft	AED 925KAED 925,000 · Jan 2022January 2022	83,000 /yr
1618	1-bed	810 sqft	AED 1.2MAED 1,200,000 · Nov 2021November 2021	110,000 /yr
1620	Studio	526 sqft	AED 850KAED 850,000 · Dec 2021December 2021	75,000 /yr

1–7 of 19

1619, Elite Downtown Residence in numbers

Sold once: by Triplanet Elite Developements on 2 March 2022 for AED 1,350,000, or AED 1,667 per sqft.
Rented since July 2022 on 6 Ejari contracts, from AED 90,000 to AED 115,000 a year.
At AED 115,000 a year the gross yield on the 2022 price is 8.5%, 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 2 February 2025.

Questions about 1619, Elite Downtown Residence

What did unit 1619 last sell for?

AED 1,350,000 on 2 March 2022, sold by the developer: AED 1,667 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 1619?

AED 115,000 a year on the contract signed on 2 February 2025. The previous contract, from February 2025, was AED 115,000; the unit has been rented since July 2022.

How big is unit 1619?

810 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2022.

What is unit 1619 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 1619, Elite Downtown Residence

Starts from the last sale price (AED 1.35M, 2 March 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,350,000
Deposit, UAE resident (20%): AED 270,000
Deposit, non-resident (40%): AED 540,000
Monthly over 25 years at 3.7%: AED 5,523

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