2020, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2020, Elite Downtown Residence
What is 2020 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 20th of 23
- Parking
- P4-23
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1.02M · June 2022
- Building
- Elite Downtown Residence
About 2020, Elite Downtown Residence
2020 is a studio of 526 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 June 2022 for AED 1,023,000, or AED 1,946 per sqft, 8% above the AED 1,799 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 100,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 9,200 a year.
Sales and rents for 2020 over time
2020 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 2020 sits
All 229 studios →2020 last sold in June 2022 at AED 1,946 per sqft, 8% above what studios in Elite Downtown Residence were fetching at the time (AED 1,799). 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. 2020's AED 100,000 is in the upper half of that range.
| 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 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 | |
| 2018 | 1-bed | 810 sqft | AED 1.48MAED 1,481,050 · Mar 2022March 2022 | 90,000 /yr | |
| 2019 | 1-bed | 810 sqft | AED 1.9MAED 1,900,000 · Jun 2025June 2025 | 120,000 /yr |
2020, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 1 June 2022 for AED 1,023,000, or AED 1,946 per sqft.
- Rented since December 2024 on 2 Ejari contracts, from AED 99,732 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 9,200 a year (AED 17.47 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 5 December 2025.
Questions about 2020, Elite Downtown Residence
What did unit 2020 last sell for?
AED 1,023,000 on 1 June 2022, sold by the developer: AED 1,946 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit 2020?
AED 100,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 99,732.
How big is unit 2020?
526 sqft (48.9 sqm): a studio on the 20th floor of a 23-storey tower completed in 2022.
What is unit 2020 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 2020, Elite Downtown Residence
Starts from the last sale price (AED 1.02M, 1 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,023,000
- Deposit, UAE resident (20%)
- AED 204,600
- Deposit, non-resident (40%)
- AED 409,200
- Monthly over 25 years at 3.7%
- AED 4,185
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →