Home
Dubai prices
About
Research
1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 17th floor · completed 2022

1718, Elite Downtown Residence

Sold prices and rental history: sold twice, last in June 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1718 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.26M13 June 2024
Current rentAED 100K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1718

Property timeline for 1718, Elite Downtown Residence

What is 1718 worth today?

Last sold for AED 1,258,800 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2026RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
13 Jun 2024SoldReady
AED 1,258,800AED 1,554 per sqft
16 Sep 2021Sold by developerOff-plan
AED 1,258,800AED 1,554 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
17th of 23
Parking
P3-44
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 1.26M · June 2024
Building
Elite Downtown Residence

About 1718, Elite Downtown Residence

1718 is a one-bedroom apartment of 810 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 13 June 2024 for AED 1,258,800, or AED 1,554 per sqft, 37% below the AED 2,472 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2026. The current contract, signed on 15 September 2026, is AED 100,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1718 over time

Sales
Unit 1718, each saleTypical one-bed in Elite Downtown Residence
1.5M2M202120232025Typical sale price by year: 2021 AED 1,258,800; 2022 AED 1,528,625; 2023 AED 2,274,840; 2024 AED 1,650,000; 2025 AED 2,025,000Sold by developer, September 2021: AED 1,258,800 (AED 1,554 per sqft)Sold, June 2024: AED 1,258,800 (AED 1,554 per sqft)

1718 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1718, each contractTypical one-bed in Elite Downtown Residence
100K110K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, September 2026: AED 100,000 a year

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 1718 sits

All 136 1-beds →

1718 last sold in June 2024 at AED 1,554 per sqft, 37% below what one-beds in Elite Downtown Residence were fetching at the time (AED 2,472). 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. 1718's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
30 Apr 20262,000,000
9 Dec 20252,190,000
4 Dec 20252,065,000
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 17th floor

All 454 units in Elite Downtown Residence
Value
17011-bedAED 2.15M · Nov 2024
17021-bedAED 3.05M · Aug 2022
1703StudioAED 1.15M · Oct 2023
17043-bedAED 5.29M · Apr 2022
17052-bedAED 2.7M · Aug 2022
1706StudioAED 1.13M · Aug 2022
1707StudioAED 1.26M · Jul 2022
1–7 of 19

1718, Elite Downtown Residence in numbers

  • Sold twice: first on 16 September 2021 for AED 1,258,800, last on 13 June 2024 for AED 1,258,800 (AED 1,554 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.9%, 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 15 September 2026.

Questions about 1718, Elite Downtown Residence

What did unit 1718 last sell for?

AED 1,258,800 on 13 June 2024: AED 1,554 per sqft for 810 sqft. The unit has 2 registered sales; the first was AED 1,258,800 in September 2021.

What is the rent for unit 1718?

AED 100,000 a year on the contract signed on 15 September 2026.

How big is unit 1718?

810 sqft (75.3 sqm): a one-bedroom apartment on the 17th floor of a 23-storey tower completed in 2022.

What is unit 1718 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.

Selling 1718? 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.

How OpenOffers works

Mortgage on 1718, Elite Downtown Residence

Starts from the last sale price (AED 1.26M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,258,800
Deposit, UAE resident (20%)
AED 251,760
Deposit, non-resident (40%)
AED 503,520
Monthly over 25 years at 3.7%
AED 5,150

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