1-bed · 1,002 sqftElite Downtown Residence, Downtown Dubai · 2nd floor · completed 2022

209, Elite Downtown Residence

Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 1.65M12 December 2024
Current rentAED 110K /yr8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Elite Downtown Residence

What is 209 worth today?

Last sold for AED 1,650,000 in 2024

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8 Dec 2025RentedNew contract
AED 110,000/yr12 months · AED 110 per sqft
1 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 110 per sqft
1 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 110 per sqft
12 Dec 2024SoldReady
AED 1,650,000AED 1,646 per sqft
19 May 2022Sold by developerReady
AED 1,371,700AED 1,368 per sqft

Source: Dubai Land Department. Updated 8 December 2025.

Key facts

Type
1-bed apartment
Size
1,002 sqft
Floor
2nd of 23
Parking
B-24
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 17,500 /yr
Last sold
AED 1.65M · December 2024

About 209, Elite Downtown Residence

209 is a one-bedroom apartment of 1,002 sqft on the 2nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 12 December 2024 for AED 1,650,000, or AED 1,646 per sqft, 8% below the AED 1,780 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 8 December 2025, is AED 110,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 17,500 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, May 2022: AED 1,371,700 (AED 1,368 per sqft)Sold, December 2024: AED 1,650,000 (AED 1,646 per sqft)

209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in Elite Downtown Residence
100K110K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, April 2025: AED 110,000 a yearNew contract, April 2025: AED 110,000 a yearNew contract, December 2025: AED 110,000 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 209 sits

All 136 1-beds →

209 last sold in December 2024 at AED 1,646 per sqft, 8% below what one-beds in Elite Downtown Residence were fetching at the time (AED 1,780). 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. 209's AED 110,000 is in the lower 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 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
2043-bedAED 3.34M · Sep 2023
2052-bedAED 2.38M · Dec 2022
206StudioAED 990K · Jun 2022
207StudioAED 1.1M · Mar 2024
1–7 of 19

209, Elite Downtown Residence in numbers

  • Sold twice: first on 19 May 2022 for AED 1,371,700, last on 12 December 2024 for AED 1,650,000 (AED 1,646 per sqft).
  • Rented since April 2025 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 17,500 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 8 December 2025.

Questions about 209, Elite Downtown Residence

What did unit 209 last sell for?

AED 1,650,000 on 12 December 2024: AED 1,646 per sqft for 1,002 sqft. The unit has 2 registered sales; the first was AED 1,371,700 in May 2022.

What is the rent for unit 209?

AED 110,000 a year on the contract signed on 8 December 2025. The previous contract, from April 2025, was AED 110,000; the unit has been rented since April 2025.

How big is unit 209?

1,002 sqft (93.1 sqm): a one-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2022.

What is unit 209 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 209, Elite Downtown Residence

Starts from the last sale price (AED 1.65M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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