1806, Elite Downtown Residence
Sold prices and rental history: sold twice, last in June 2025, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1806, Elite Downtown Residence
What is 1806 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 18th of 23
- Parking
- P3-55
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.05M · June 2025
- Building
- Elite Downtown Residence
About 1806, Elite Downtown Residence
1806 is a studio of 536 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 24 June 2025 for AED 1,050,000, or AED 1,958 per sqft, 18% below the AED 2,390 studios in the building were fetching at the time.
It has been rented since 2026 on 3 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 69,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 9,400 a year.
Sales and rents for 1806 over time
1806 has sold twice; 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 1806 sits
All 229 studios →1806 last sold in June 2025 at AED 1,958 per sqft, 18% below what studios in Elite Downtown Residence were fetching at the time (AED 2,390). 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. 1806's AED 69,000 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 18th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 824 sqft | AED 1.6MAED 1,600,000 · Feb 2022February 2022 | 80,000 /yr | |
| 1802 | 1-bed | 809 sqft | AED 1.44MAED 1,442,100 · Mar 2022March 2022 | 120,000 /yr | |
| 1803 | Studio | 497 sqft | AED 1.95MAED 1,953,600 · Jul 2022July 2022 | ||
| 1804 | 3-bed | 1,616 sqft | AED 3.5MAED 3,499,999 · May 2023May 2023 | ||
| 1805 | 2-bed | 1,366 sqft | AED 2.58MAED 2,575,000 · Aug 2022August 2022 | 220,000 /yr | |
| 1807 | Studio | 533 sqft | AED 1.18MAED 1,175,000 · Jun 2022June 2022 | ||
| 1808 | Studio | 514 sqft | AED 1.27MAED 1,269,450 · Oct 2022October 2022 | ||
| 1811 | Studio | 521 sqft | AED 1.02MAED 1,016,500 · Jan 2022January 2022 | 60,000 /yr | |
| 1812 | Studio | 534 sqft | AED 1.01MAED 1,007,400 · May 2022May 2022 | 77,700 /yr | |
| 1813 | Studio | 542 sqft | AED 1.04MAED 1,036,950 · Jun 2022June 2022 | ||
| 1814 | 2-bed | 1,760 sqft | AED 3.12MAED 3,124,800 · May 2022May 2022 | ||
| 1815 | Studio | 431 sqft | AED 1.3MAED 1,297,350 · Jun 2022June 2022 | ||
| 1816 | 2-bed | 1,630 sqft | AED 2.38MAED 2,376,000 · Nov 2021November 2021 | ||
| 1817 | Studio | 522 sqft | AED 2.02MAED 2,015,000 · Mar 2023March 2023 | 85,000 /yr | |
| 1818 | 1-bed | 810 sqft | AED 1.26MAED 1,258,800 · Sep 2021September 2021 | ||
| 1819 | 1-bed | 810 sqft | AED 2.05MAED 2,050,000 · Sep 2025September 2025 | ||
| 1820 | Studio | 526 sqft | AED 837KAED 836,950 · Jan 2022January 2022 | 63,000 /yr |
1806, Elite Downtown Residence in numbers
- Sold twice: first on 19 October 2022 for AED 1,269,450, last on 24 June 2025 for AED 1,050,000 (AED 1,958 per sqft).
- Rented since September 2026 on 3 Ejari contracts, from AED 75,000 to AED 69,000 a year.
- At AED 69,000 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 9,400 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 15 October 2026.
Questions about 1806, Elite Downtown Residence
What did unit 1806 last sell for?
AED 1,050,000 on 24 June 2025: AED 1,958 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,269,450 in October 2022.
What is the rent for unit 1806?
AED 69,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2026, was AED 80,000; the unit has been rented since September 2026.
How big is unit 1806?
536 sqft (49.8 sqm): a studio on the 18th floor of a 23-storey tower completed in 2022.
What is unit 1806 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 1806, Elite Downtown Residence
Starts from the last sale price (AED 1.05M, 24 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →