1701, Elite Downtown Residence
Sold prices and rental history: sold twice, last in November 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 1701, Elite Downtown Residence
What is 1701 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 824 sqft
- Floor
- 17th of 23
- Parking
- P3-27
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,400 /yr
- Last sold
- AED 2.15M · November 2024
- Building
- Elite Downtown Residence
About 1701, Elite Downtown Residence
1701 is a one-bedroom apartment of 824 sqft on the 17th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 20 November 2024 for AED 2,150,000, or AED 2,609 per sqft, 36% above the AED 1,914 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1701 over time
1701 has sold twice; 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 1701 sits
All 136 1-beds →1701 last sold in November 2024 at AED 2,609 per sqft, 36% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,914). 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.
| 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 17th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1-bed | 809 sqft | AED 3.05MAED 3,046,450 · Aug 2022August 2022 | ||
| 1703 | Studio | 497 sqft | AED 1.15MAED 1,150,000 · Oct 2023October 2023 | 82,000 /yr | |
| 1704 | 3-bed | 1,616 sqft | AED 5.29MAED 5,292,000 · Apr 2022April 2022 | 300,000 /yr | |
| 1705 | 2-bed | 1,366 sqft | AED 2.7MAED 2,695,000 · Aug 2022August 2022 | ||
| 1706 | Studio | 536 sqft | AED 1.13MAED 1,127,000 · Aug 2022August 2022 | 80,000 /yr | |
| 1707 | Studio | 533 sqft | AED 1.26MAED 1,257,750 · Jul 2022July 2022 | ||
| 1708 | Studio | 514 sqft | AED 1.2MAED 1,200,000 · Nov 2025November 2025 | ||
| 1709 | 1-bed | 1,006 sqft | AED 2.11MAED 2,107,000 · Dec 2024December 2024 | 120,000 /yr | |
| 1710 | 1-bed | 1,007 sqft | AED 2.11MAED 2,107,000 · Dec 2024December 2024 | 100,000 /yr | |
| 1711 | Studio | 521 sqft | AED 878KAED 878,000 · Mar 2022March 2022 | 75,000 /yr | |
| 1712 | Studio | 534 sqft | AED 878KAED 878,000 · Mar 2022March 2022 | 65,000 /yr | |
| 1713 | Studio | 542 sqft | AED 1.33MAED 1,325,000 · Sep 2022September 2022 | ||
| 1714 | 2-bed | 1,760 sqft | AED 2.84MAED 2,840,880 · Sep 2023September 2023 | ||
| 1715 | Studio | 431 sqft | AED 1.3MAED 1,300,000 · Sep 2024September 2024 | ||
| 1716 | 2-bed | 1,630 sqft | AED 4.78MAED 4,776,000 · Nov 2022November 2022 | ||
| 1717 | Studio | 522 sqft | AED 989KAED 989,000 · Apr 2022April 2022 | 59,500 /yr | |
| 1718 | 1-bed | 810 sqft | AED 1.26MAED 1,258,800 · Jun 2024June 2024 | 100,000 /yr | |
| 1719 | 1-bed | 810 sqft | AED 1.19MAED 1,193,200 · Mar 2022March 2022 | 112,500 /yr | |
| 1720 | Studio | 526 sqft | AED 1.58MAED 1,575,000 · Feb 2023February 2023 | 72,000 /yr |
1701, Elite Downtown Residence in numbers
- Sold twice: first on 26 September 2022 for AED 2,580,750, last on 20 November 2024 for AED 2,150,000 (AED 2,609 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 20 November 2024.
Questions about 1701, Elite Downtown Residence
What did unit 1701 last sell for?
AED 2,150,000 on 20 November 2024: AED 2,609 per sqft for 824 sqft. The unit has 2 registered sales; the first was AED 2,580,750 in September 2022.
How big is unit 1701?
824 sqft (76.6 sqm): a one-bedroom apartment on the 17th floor of a 23-storey tower completed in 2022.
What is unit 1701 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 1701, Elite Downtown Residence
Starts from the last sale price (AED 2.15M, 20 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →