1712, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1712, Elite Downtown Residence
What is 1712 worth today?
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Source: Dubai Land Department. Updated 23 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 534 sqft
- Floor
- 17th of 23
- Parking
- P3-38
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,300 /yr
- Last sold
- AED 878K · March 2022
- Building
- Elite Downtown Residence
About 1712, Elite Downtown Residence
1712 is a studio of 534 sqft on the 17th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 1 March 2022 for AED 878,000, or AED 1,645 per sqft, in line with the AED 1,681 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 September 2026. The current contract, signed on 23 September 2026, is AED 65,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1712 over time
1712 has sold once; 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 1712 sits
All 229 studios →1712 last sold in March 2022 at AED 1,645 per sqft, in line with what studios in Elite Downtown Residence were fetching at the time (AED 1,681). 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. 1712's AED 65,000 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 | ||
| 18 Sep 202618 September 2026 | 431 sqft | 950,000 | 2,202 | ||
| 30 Jul 202630 July 2026 | 497 sqft | 1,100,000 | 2,213 | ||
| 23 Jul 202623 July 2026 | 526 sqft | 1,230,000 | 2,340 |
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 | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 824 sqft | AED 2.15MAED 2,150,000 · Nov 2024November 2024 | ||
| 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 | |
| 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 |
1712, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 1 March 2022 for AED 878,000, or AED 1,645 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 9,300 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 23 September 2026.
Questions about 1712, Elite Downtown Residence
What did unit 1712 last sell for?
AED 878,000 on 1 March 2022, sold by the developer: AED 1,645 per sqft for 534 sqft. It is the only registered sale of the unit.
What is the rent for unit 1712?
AED 65,000 a year on the contract signed on 23 September 2026.
How big is unit 1712?
534 sqft (49.6 sqm): a studio on the 17th floor of a 23-storey tower completed in 2022.
What is unit 1712 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 1712, Elite Downtown Residence
Starts from the last sale price (AED 878K, 1 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 878,000
- Deposit, UAE resident (20%)
- AED 175,600
- Deposit, non-resident (40%)
- AED 351,200
- Monthly over 25 years at 3.7%
- AED 3,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →