1903, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1903, Elite Downtown Residence
What is 1903 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 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 19th of 23
- Parking
- P3-72
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 8,700 /yr
- Last sold
- AED 2M · July 2022
- Building
- Elite Downtown Residence
About 1903, Elite Downtown Residence
1903 is a studio of 497 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 14 July 2022 for AED 2,001,600, or AED 4,027 per sqft, 118% above the AED 1,849 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1903 over time
1903 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 1903 sits
All 229 studios →1903 last sold in July 2022 at AED 4,027 per sqft, 118% above what studios in Elite Downtown Residence were fetching at the time (AED 1,849). 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.
| 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 19th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 1-bed | 824 sqft | AED 2.29MAED 2,290,000 · May 2022May 2022 | ||
| 1902 | 1-bed | 809 sqft | AED 1.45MAED 1,445,900 · Nov 2021November 2021 | 100,000 /yr | |
| 1904 | 3-bed | 1,616 sqft | AED 5.37MAED 5,369,000 · Oct 2022October 2022 | ||
| 1905 | 2-bed | 1,366 sqft | AED 2.58MAED 2,575,000 · Aug 2022August 2022 | 220,000 /yr | |
| 1906 | Studio | 536 sqft | AED 1.29MAED 1,292,700 · Sep 2022September 2022 | ||
| 1907 | Studio | 533 sqft | AED 1.32MAED 1,319,500 · Sep 2022September 2022 | ||
| 1908 | Studio | 514 sqft | AED 1.2MAED 1,200,000 · Dec 2024December 2024 | ||
| 1909 | 1-bed | 1,006 sqft | AED 1.43MAED 1,430,600 · Apr 2022April 2022 | 85,000 /yr | |
| 1910 | 1-bed | 1,007 sqft | AED 1.65MAED 1,647,000 · Aug 2022August 2022 | 115,000 /yr | |
| 1911 | Studio | 521 sqft | AED 1.02MAED 1,019,500 · Jan 2022January 2022 | 60,000 /yr | |
| 1912 | Studio | 534 sqft | AED 1.31MAED 1,313,000 · Oct 2022October 2022 | ||
| 1913 | Studio | 542 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 63,000 /yr | |
| 1914 | 2-bed | 1,760 sqft | AED 2.89MAED 2,894,280 · Sep 2023September 2023 | ||
| 1915 | Studio | 431 sqft | AED 1.32MAED 1,315,000 · Nov 2024November 2024 | ||
| 1916 | 2-bed | 1,630 sqft | AED 2.48MAED 2,480,000 · Aug 2021August 2021 | 160,000 /yr | |
| 1917 | Studio | 522 sqft | AED 1.13MAED 1,125,000 · Apr 2022April 2022 | ||
| 1918 | 1-bed | 810 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 130,000 /yr | |
| 1919 | 1-bed | 810 sqft | AED 1.26MAED 1,258,800 · Jun 2024June 2024 | ||
| 1920 | Studio | 526 sqft | AED 1.25MAED 1,250,000 · Dec 2025December 2025 | 70,000 /yr |
1903, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 14 July 2022 for AED 2,001,600, or AED 4,027 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 July 2022.
Questions about 1903, Elite Downtown Residence
What did unit 1903 last sell for?
AED 2,001,600 on 14 July 2022, sold by the developer: AED 4,027 per sqft for 497 sqft. It is the only registered sale of the unit.
How big is unit 1903?
497 sqft (46.2 sqm): a studio on the 19th floor of a 23-storey tower completed in 2022.
What is unit 1903 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 1903? 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 1903, Elite Downtown Residence
Starts from the last sale price (AED 2M, 14 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,001,600
- Deposit, UAE resident (20%)
- AED 400,320
- Deposit, non-resident (40%)
- AED 800,640
- Monthly over 25 years at 3.7%
- AED 8,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →