2018, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2018, Elite Downtown Residence
What is 2018 worth today?
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Source: Dubai Land Department. Updated 2 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 810 sqft
- Floor
- 20th of 23
- Parking
- P4-21
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.48M · March 2022
- Building
- Elite Downtown Residence
About 2018, Elite Downtown Residence
2018 is a one-bedroom apartment of 810 sqft on the 20th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 1 March 2022 for AED 1,481,050, or AED 1,829 per sqft, 18% above the AED 1,554 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 2 July 2026, is AED 90,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 2018 over time
2018 has sold once; the dashed line is the one-bed median of each year in the building.
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 2018 sits
All 136 1-beds →2018 last sold in March 2022 at AED 1,829 per sqft, 18% 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. 2018's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 807 sqft | 1,600,000 | 1,982 | ||
| 30 Apr 202630 April 2026 | 809 sqft | 2,000,000 | 2,473 | ||
| 9 Dec 20259 December 2025 | 806 sqft | 2,190,000 | 2,717 | ||
| 4 Dec 20254 December 2025 | 809 sqft | 2,065,000 | 2,553 |
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 20th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 824 sqft | AED 1.49MAED 1,490,000 · Mar 2022March 2022 | 100,000 /yr | |
| 2002 | 1-bed | 809 sqft | AED 2.49MAED 2,491,337 · Apr 2022April 2022 | 100,000 /yr | |
| 2003 | Studio | 497 sqft | AED 2.08MAED 2,078,550 · Oct 2022October 2022 | 89,759 /yr | |
| 2004 | 3-bed | 1,616 sqft | AED 4.74MAED 4,743,750 · Dec 2023December 2023 | 240,000 /yr | |
| 2005 | 2-bed | 1,366 sqft | AED 2.55MAED 2,550,000 · Aug 2026August 2026 | 220,000 /yr | |
| 2006 | Studio | 536 sqft | AED 1.32MAED 1,320,760 · Sep 2023September 2023 | 50,000 /yr | |
| 2007 | Studio | 533 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 80,000 /yr | |
| 2008 | Studio | 514 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 70,000 /yr | |
| 2009 | 1-bed | 1,006 sqft | AED 2.02MAED 2,022,750 · Aug 2022August 2022 | 83,000 /yr | |
| 2010 | 1-bed | 1,007 sqft | AED 1.67MAED 1,669,500 · Aug 2022August 2022 | 94,500 /yr | |
| 2011 | Studio | 521 sqft | AED 1.15MAED 1,145,000 · Jul 2025July 2025 | 63,000 /yr | |
| 2012 | Studio | 534 sqft | AED 1.32MAED 1,320,760 · Sep 2023September 2023 | 80,000 /yr | |
| 2013 | Studio | 542 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 63,000 /yr | |
| 2014 | 2-bed | 1,760 sqft | AED 3.35MAED 3,347,904 · May 2026May 2026 | 160,000 /yr | |
| 2015 | Studio | 431 sqft | AED 1.32MAED 1,315,000 · Nov 2024November 2024 | ||
| 2016 | 2-bed | 1,630 sqft | AED 3.77MAED 3,771,500 · Apr 2022April 2022 | 200,000 /yr | |
| 2017 | Studio | 522 sqft | AED 1.32MAED 1,315,000 · May 2022May 2022 | 83,000 /yr | |
| 2019 | 1-bed | 810 sqft | AED 1.9MAED 1,900,000 · Jun 2025June 2025 | 120,000 /yr | |
| 2020 | Studio | 526 sqft | AED 1.02MAED 1,023,000 · Jun 2022June 2022 | 100,000 /yr |
2018, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 1 March 2022 for AED 1,481,050, or AED 1,829 per sqft.
- Rented since April 2023 on 6 Ejari contracts, from AED 123,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 6.1%, 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 2 July 2026.
Questions about 2018, Elite Downtown Residence
What did unit 2018 last sell for?
AED 1,481,050 on 1 March 2022, sold by the developer: AED 1,829 per sqft for 810 sqft. It is the only registered sale of the unit.
What is the rent for unit 2018?
AED 90,000 a year on the contract signed on 2 July 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since April 2023.
How big is unit 2018?
810 sqft (75.3 sqm): a one-bedroom apartment on the 20th floor of a 23-storey tower completed in 2022.
What is unit 2018 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 2018, Elite Downtown Residence
Starts from the last sale price (AED 1.48M, 1 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,481,050
- Deposit, UAE resident (20%)
- AED 296,210
- Deposit, non-resident (40%)
- AED 592,420
- Monthly over 25 years at 3.7%
- AED 6,059
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →