3-bed · 1,616 sqftElite Downtown Residence, Downtown Dubai · 2nd floor · completed 2022

204, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 3.34M13 September 2023
Current rentAED 80K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Elite Downtown Residence

What is 204 worth today?

Last sold for AED 3,335,720 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Oct 2026RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
24 Mar 2025RentedNew contract
AED 215,000/yr12 months · AED 133 per sqft
24 Mar 2025RentedNew contract
AED 215,000/yr12 months · AED 133 per sqft
13 Sep 2023Sold by developerReady
AED 3,335,720AED 2,063 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
3-bed apartment
Size
1,616 sqft
Floor
2nd of 23
Parking
B-26
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 3.34M · September 2023

About 204, Elite Downtown Residence

204 is a three-bedroom apartment of 1,616 sqft on the 2nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 13 September 2023 for AED 3,335,720, or AED 2,063 per sqft, 12% below the AED 2,351 three-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 12 October 2026, is AED 80,000 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 28,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Elite Downtown Residence
3.5M4M202220232024Typical sale price by year: 2022 AED 4,000,000; 2023 AED 3,642,300Sold by developer, September 2023: AED 3,335,720 (AED 2,063 per sqft)

204 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 204, each contractTypical three-bed in Elite Downtown Residence
100K200K2024202520262027Typical rent by year: 2024 AED 220,000; 2025 AED 225,000; 2026 AED 218,182New contract, March 2025: AED 215,000 a yearNew contract, March 2025: AED 215,000 a yearNew contract, October 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Elite Downtown Residence, and where 204 sits

All 20 3-beds →

204 last sold in September 2023 at AED 2,063 per sqft, 12% below what three-beds in Elite Downtown Residence were fetching at the time (AED 2,351). 204's AED 80,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20254,600,000
8 Jan 20254,185,000
24 Apr 20244,900,000
11 Mar 20244,300,000
0 3-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 2nd floor

All 454 units in Elite Downtown Residence
Value
2011-bedAED 2.27M · Mar 2024
2021-bedAED 1.55M · Feb 2022
203StudioAED 1.31M · Sep 2024
2052-bedAED 2.38M · Dec 2022
206StudioAED 990K · Jun 2022
207StudioAED 1.1M · Mar 2024
208StudioAED 780K · Mar 2022
1–7 of 19

204, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 13 September 2023 for AED 3,335,720, or AED 2,063 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, from AED 215,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 28,200 a year (AED 17.47 per sqft).

Source: Dubai Land Department. Updated 12 October 2026.

Questions about 204, Elite Downtown Residence

What did unit 204 last sell for?

AED 3,335,720 on 13 September 2023, sold by the developer: AED 2,063 per sqft for 1,616 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 80,000 a year on the contract signed on 12 October 2026. The previous contract, from March 2025, was AED 215,000; the unit has been rented since March 2025.

How big is unit 204?

1,616 sqft (150.1 sqm): a three-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2022.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 204, Elite Downtown Residence

Starts from the last sale price (AED 3.34M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,335,720
Deposit, UAE resident (20%)
AED 667,144
Deposit, non-resident (40%)
AED 1,334,288
Monthly over 25 years at 3.7%
AED 13,647

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