1916, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1916, Elite Downtown Residence
What is 1916 worth today?
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Source: Dubai Land Department. Updated 4 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 19th of 23
- Parking
- P2-58
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 2.48M · August 2021
- Building
- Elite Downtown Residence
About 1916, Elite Downtown Residence
1916 is a two-bedroom apartment of 1,630 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 23 August 2021 for AED 2,480,000, or AED 1,521 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 4 October 2025, is AED 160,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 28,500 a year.
Sales and rents for 1916 over time
1916 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Downtown Residence, and where 1916 sits
All 69 2-beds →Over the last 12 months two-beds sold for AED 1,250,000 to 3,347,904, around AED 1,876 per sqft, and rent for AED 130,000 to 230,000 a year. 1916's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 1,366 sqft | 2,550,000 | 1,866 | ||
| 8 May 20268 May 2026 | 1,760 sqft | 3,347,904 | 1,902 | ||
| 31 Mar 202631 March 2026 | 1,366 sqft | 2,575,000 | 1,885 | ||
| 11 Dec 202511 December 2025 | 683 sqft | 1,250,000 | 1,830 |
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 | |
| 1903 | Studio | 497 sqft | AED 2MAED 2,001,600 · Jul 2022July 2022 | ||
| 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 | ||
| 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 |
1916, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 23 August 2021 for AED 2,480,000, or AED 1,521 per sqft.
- Rented since April 2023 on 3 Ejari contracts, from AED 165,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 28,500 a year (AED 17.47 per sqft).
- Two-beds in Elite Downtown Residence sold for AED 1,250,000–3,347,904 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 4 October 2025.
Questions about 1916, Elite Downtown Residence
What did unit 1916 last sell for?
AED 2,480,000 on 23 August 2021, sold by the developer: AED 1,521 per sqft for 1,630 sqft. It is the only registered sale of the unit.
What is the rent for unit 1916?
AED 160,000 a year on the contract signed on 4 October 2025. The previous contract, from August 2024, was AED 160,000; the unit has been rented since April 2023.
How big is unit 1916?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 19th floor of a 23-storey tower completed in 2022.
What is unit 1916 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Downtown Residence sold for AED 1,250,000 to 3,347,904 in the last 12 months, around AED 1,876 per sqft.
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Mortgage on 1916, Elite Downtown Residence
Starts from the last sale price (AED 2.48M, 23 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,480,000
- Deposit, UAE resident (20%)
- AED 496,000
- Deposit, non-resident (40%)
- AED 992,000
- Monthly over 25 years at 3.7%
- AED 10,146
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →