1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 19th floor · completed 2022

1918, Elite Downtown Residence

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1918 · DLD and Ejari recordsUpdated 21 March 2026
Last soldAED 2M10 February 2025
Current rentAED 130K /yr21 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1918, Elite Downtown Residence

What is 1918 worth today?

Last sold for AED 2,000,000 in 2025

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21 Mar 2026RentedRenewal
AED 130,000/yr12 months · AED 161 per sqft
21 Mar 2026RentedNew contract
AED 130,000/yr12 months · AED 161 per sqft
21 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 161 per sqft
21 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 161 per sqft
10 Feb 2025SoldReady
AED 2,000,000AED 2,470 per sqft
7 Jun 2024SoldReady
AED 1,258,800AED 1,554 per sqft
16 Sep 2021Sold by developerOff-plan
AED 1,258,800AED 1,554 per sqft

Source: Dubai Land Department. Updated 21 March 2026.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
19th of 23
Parking
P4-05
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2M · February 2025

About 1918, Elite Downtown Residence

1918 is a one-bedroom apartment of 810 sqft on the 19th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 10 February 2025 for AED 2,000,000, or AED 2,470 per sqft, 18% above the AED 2,092 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 21 March 2026, is AED 130,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1918 over time

Sales
Unit 1918, 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, September 2021: AED 1,258,800 (AED 1,554 per sqft)Sold, June 2024: AED 1,258,800 (AED 1,554 per sqft)Sold, February 2025: AED 2,000,000 (AED 2,470 per sqft)

1918 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1918, each contractTypical one-bed in Elite Downtown Residence
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, March 2025: AED 130,000 a yearNew contract, March 2025: AED 130,000 a yearRenewal, March 2026: AED 130,000 a yearNew contract, March 2026: AED 130,000 a year

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 1918 sits

All 136 1-beds →

1918 last sold in February 2025 at AED 2,470 per sqft, 18% above what one-beds in Elite Downtown Residence were fetching at the time (AED 2,092). 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. 1918's AED 130,000 is in the upper half of that range.

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
19011-bedAED 2.29M · May 2022
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
1–7 of 19

1918, Elite Downtown Residence in numbers

  • Sold 3 times: first on 16 September 2021 for AED 1,258,800, last on 10 February 2025 for AED 2,000,000 (AED 2,470 per sqft).
  • Rented since March 2025 on 4 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 14,100 a year (AED 17.47 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 21 March 2026.

Questions about 1918, Elite Downtown Residence

What did unit 1918 last sell for?

AED 2,000,000 on 10 February 2025: AED 2,470 per sqft for 810 sqft. The unit has 3 registered sales; the first was AED 1,258,800 in September 2021.

What is the rent for unit 1918?

AED 130,000 a year on the contract renewed on 21 March 2026. The previous contract, from March 2026, was AED 130,000; the unit has been rented since March 2025.

How big is unit 1918?

810 sqft (75.3 sqm): a one-bedroom apartment on the 19th floor of a 23-storey tower completed in 2022.

What is unit 1918 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 1918, Elite Downtown Residence

Starts from the last sale price (AED 2M, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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