3-bed · 1,616 sqftElite Downtown Residence, Downtown Dubai · 18th floor · completed 2022

1804, Elite Downtown Residence

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 3.5M2 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Elite Downtown Residence

What is 1804 worth today?

Last sold for AED 3,499,999 in 2023

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2 May 2023SoldReady
AED 3,499,999AED 2,166 per sqft
22 Feb 2022Sold by developerOff-plan
AED 2,993,000AED 1,852 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
3-bed apartment
Size
1,616 sqft
Floor
18th of 23
Parking
P1-79
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 3.5M · May 2023

About 1804, Elite Downtown Residence

1804 is a three-bedroom apartment of 1,616 sqft on the 18th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 2 May 2023 for AED 3,499,999, or AED 2,166 per sqft, 12% below the AED 2,474 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1804 over time

Sales
Unit 1804, each saleTypical three-bed in Elite Downtown Residence
3M3.5M4M202220232024Typical sale price by year: 2022 AED 4,000,000; 2023 AED 3,642,300Sold by developer, February 2022: AED 2,993,000 (AED 1,852 per sqft)Sold, May 2023: AED 3,499,999 (AED 2,166 per sqft)

1804 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1804, each contractTypical three-bed in Elite Downtown Residence
220K225K2024202520262027Typical rent by year: 2024 AED 220,000; 2025 AED 225,000; 2026 AED 218,182

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Elite Downtown Residence, and where 1804 sits

All 20 3-beds →

1804 last sold in May 2023 at AED 2,166 per sqft, 12% below what three-beds in Elite Downtown Residence were fetching at the time (AED 2,474).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20254,600,000
8 Jan 20254,185,000
24 Apr 20244,900,000
11 Mar 20244,300,000
0 3-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 18th floor

All 454 units in Elite Downtown Residence
Value
18011-bedAED 1.6M · Feb 2022
18021-bedAED 1.44M · Mar 2022
1803StudioAED 1.95M · Jul 2022
18052-bedAED 2.58M · Aug 2022
1806StudioAED 1.05M · Jun 2025
1807StudioAED 1.18M · Jun 2022
1808StudioAED 1.27M · Oct 2022
1–7 of 17

1804, Elite Downtown Residence in numbers

  • Sold twice: first on 22 February 2022 for AED 2,993,000, last on 2 May 2023 for AED 3,499,999 (AED 2,166 per sqft).

Source: Dubai Land Department. Updated 2 May 2023.

Questions about 1804, Elite Downtown Residence

What did unit 1804 last sell for?

AED 3,499,999 on 2 May 2023: AED 2,166 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 2,993,000 in February 2022.

How big is unit 1804?

1,616 sqft (150.1 sqm): a three-bedroom apartment on the 18th floor of a 23-storey tower completed in 2022.

What is unit 1804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1804, Elite Downtown Residence

Starts from the last sale price (AED 3.5M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,499,999
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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