1812, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1812, Elite Downtown Residence
What is 1812 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 534 sqft
- Floor
- 18th of 23
- Parking
- P3-63
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.01M · May 2022
- Building
- Elite Downtown Residence
About 1812, Elite Downtown Residence
1812 is a studio of 534 sqft on the 18th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 17 May 2022 for AED 1,007,400, or AED 1,888 per sqft, 7% above the AED 1,765 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 14 April 2025, is AED 77,700 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 9,300 a year.
Sales and rents for 1812 over time
1812 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 1812 sits
All 229 studios →1812 last sold in May 2022 at AED 1,888 per sqft, 7% above what studios in Elite Downtown Residence were fetching at the time (AED 1,765). 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. 1812's AED 77,700 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 | |
| 1806 | Studio | 536 sqft | AED 1.05MAED 1,050,000 · Jun 2025June 2025 | 80,000 /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 | |
| 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 |
1812, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 17 May 2022 for AED 1,007,400, or AED 1,888 per sqft.
- Rented since April 2024 on 2 Ejari contracts, from AED 74,000 to AED 77,700 a year.
- At AED 77,700 a year the gross yield on the 2022 price is 7.7%, 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 14 April 2025.
Questions about 1812, Elite Downtown Residence
What did unit 1812 last sell for?
AED 1,007,400 on 17 May 2022, sold by the developer: AED 1,888 per sqft for 534 sqft. It is the only registered sale of the unit.
What is the rent for unit 1812?
AED 77,700 a year on the contract renewed on 14 April 2025. The previous contract, from April 2024, was AED 74,000.
How big is unit 1812?
534 sqft (49.6 sqm): a studio on the 18th floor of a 23-storey tower completed in 2022.
What is unit 1812 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.
Selling 1812? 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.
Mortgage on 1812, Elite Downtown Residence
Starts from the last sale price (AED 1.01M, 17 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,007,400
- Deposit, UAE resident (20%)
- AED 201,480
- Deposit, non-resident (40%)
- AED 402,960
- Monthly over 25 years at 3.7%
- AED 4,122
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →