Studio · 431 sqftElite Downtown Residence, Downtown Dubai · 20th floor · completed 2022

2015, Elite Downtown Residence

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2015 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 1.32M19 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2015, Elite Downtown Residence

What is 2015 worth today?

Last sold for AED 1,315,000 in 2024

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19 Nov 2024SoldReady
AED 1,315,000AED 3,048 per sqft
10 Aug 2023Sold by developerReady
AED 1,518,000AED 3,519 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
20th of 23
Parking
P4-19
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 7,500 /yr
Last sold
AED 1.32M · November 2024

About 2015, Elite Downtown Residence

2015 is a studio of 431 sqft on the 20th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 19 November 2024 for AED 1,315,000, or AED 3,048 per sqft, 12% above the AED 2,715 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2015 over time

Sales
Unit 2015, each saleTypical studio in Elite Downtown Residence
1M1.5M2021202320252027Typical sale price by year: 2021 AED 867,000; 2022 AED 1,017,425; 2023 AED 1,331,440; 2024 AED 1,255,000; 2025 AED 1,150,000; 2026 AED 1,090,000Sold by developer, August 2023: AED 1,518,000 (AED 3,519 per sqft)Sold, November 2024: AED 1,315,000 (AED 3,048 per sqft)

2015 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2015, each contractTypical studio in Elite Downtown Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632

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 2015 sits

All 229 studios →

2015 last sold in November 2024 at AED 3,048 per sqft, 12% above what studios in Elite Downtown Residence were fetching at the time (AED 2,715). 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 salesUnit no.Price (AED)Summary
18 Sep 2026935,000
18 Sep 2026950,000
30 Jul 20261,100,000
23 Jul 20261,230,000
18 studio 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 20th floor

All 454 units in Elite Downtown Residence
Value
20011-bedAED 1.49M · Mar 2022
20021-bedAED 2.49M · Apr 2022
2003StudioAED 2.08M · Oct 2022
20043-bedAED 4.74M · Dec 2023
20052-bedAED 2.55M · Aug 2026
2006StudioAED 1.32M · Sep 2023
2007StudioAED 1.15M · Oct 2025
1–7 of 19

2015, Elite Downtown Residence in numbers

  • Sold twice: first on 10 August 2023 for AED 1,518,000, last on 19 November 2024 for AED 1,315,000 (AED 3,048 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 19 November 2024.

Questions about 2015, Elite Downtown Residence

What did unit 2015 last sell for?

AED 1,315,000 on 19 November 2024: AED 3,048 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 1,518,000 in August 2023.

How big is unit 2015?

431 sqft (40.0 sqm): a studio on the 20th floor of a 23-storey tower completed in 2022.

What is unit 2015 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.

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Mortgage on 2015, Elite Downtown Residence

Starts from the last sale price (AED 1.32M, 19 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,000
Deposit, UAE resident (20%)
AED 263,000
Deposit, non-resident (40%)
AED 526,000
Monthly over 25 years at 3.7%
AED 5,380

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