1-bed · 824 sqftElite Downtown Residence, Downtown Dubai · 19th floor · completed 2022

1901, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 2.29M10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Elite Downtown Residence

What is 1901 worth today?

Last sold for AED 2,290,000 in 2022

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10 May 2022Sold by developerReady
AED 2,290,000AED 2,779 per sqft

Source: Dubai Land Department. Updated 10 May 2022.

Key facts

Type
1-bed apartment
Size
824 sqft
Floor
19th of 23
Parking
P3-70
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,400 /yr
Last sold
AED 2.29M · May 2022

About 1901, Elite Downtown Residence

1901 is a one-bedroom apartment of 824 sqft on the 19th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 10 May 2022 for AED 2,290,000, or AED 2,779 per sqft, 79% above the AED 1,554 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1901 over time

Sales
Unit 1901, 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, May 2022: AED 2,290,000 (AED 2,779 per sqft)

1901 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1901, 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 100,000

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 1901 sits

All 136 1-beds →

1901 last sold in May 2022 at AED 2,779 per sqft, 79% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,554). 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.

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 19th floor

All 454 units in Elite Downtown Residence
Value
19021-bedAED 1.45M · Nov 2021
1903StudioAED 2M · Jul 2022
19043-bedAED 5.37M · Oct 2022
19052-bedAED 2.58M · Aug 2022
1906StudioAED 1.29M · Sep 2022
1907StudioAED 1.32M · Sep 2022
1908StudioAED 1.2M · Dec 2024
1–7 of 19

1901, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 10 May 2022 for AED 2,290,000, or AED 2,779 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 10 May 2022.

Questions about 1901, Elite Downtown Residence

What did unit 1901 last sell for?

AED 2,290,000 on 10 May 2022, sold by the developer: AED 2,779 per sqft for 824 sqft. It is the only registered sale of the unit.

How big is unit 1901?

824 sqft (76.6 sqm): a one-bedroom apartment on the 19th floor of a 23-storey tower completed in 2022.

What is unit 1901 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.

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Mortgage on 1901, Elite Downtown Residence

Starts from the last sale price (AED 2.29M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,290,000
Deposit, UAE resident (20%)
AED 458,000
Deposit, non-resident (40%)
AED 916,000
Monthly over 25 years at 3.7%
AED 9,369

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