Studio · 524 sqftElite Downtown Residence, Downtown Dubai · 2nd floor · completed 2022

211, Elite Downtown Residence

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 1.21M22 April 2024
Current rentAED 85K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Elite Downtown Residence

What is 211 worth today?

Last sold for AED 1,212,112 in 2024

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18 Jan 2026RentedRenewal
AED 85,000/yr12 months · AED 161 per sqft
18 Jan 2025RentedNew contract
AED 85,000/yr12 months · AED 161 per sqft
18 Jan 2025RentedNew contract
AED 85,000/yr12 months · AED 161 per sqft
22 Apr 2024SoldReady
AED 1,212,112AED 2,315 per sqft
19 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 161 per sqft
15 Sep 2023SoldReady
AED 1,045,523AED 1,996 per sqft
19 Jan 2023RentedNew contract
AED 80,000/yr12 months · AED 152 per sqft
8 Jun 2022Sold by developerReady
AED 950,000AED 1,814 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
2nd of 23
Parking
B-34
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,100 /yr
Last sold
AED 1.21M · April 2024

About 211, Elite Downtown Residence

211 is a studio of 524 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 22 April 2024 for AED 1,212,112, or AED 2,315 per sqft, 8% below the AED 2,515 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 18 January 2026, is AED 85,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical studio in Elite Downtown Residence
1M1.25M2021202320252027Typical 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, June 2022: AED 950,000 (AED 1,814 per sqft)Sold, September 2023: AED 1,045,523 (AED 1,996 per sqft)Sold, April 2024: AED 1,212,112 (AED 2,315 per sqft)

211 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 211, 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 69,632New contract, January 2023: AED 80,000 a yearNew contract, January 2024: AED 85,000 a yearNew contract, January 2025: AED 85,000 a yearNew contract, January 2025: AED 85,000 a yearRenewal, January 2026: AED 85,000 a year

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 211 sits

All 229 studios →

211 last sold in April 2024 at AED 2,315 per sqft, 8% below what studios in Elite Downtown Residence were fetching at the time (AED 2,515). 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. 211's AED 85,000 is in the upper half of that range.

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 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

211, Elite Downtown Residence in numbers

  • Sold 3 times: first on 8 June 2022 for AED 950,000, last on 22 April 2024 for AED 1,212,112 (AED 2,315 per sqft).
  • Rented since January 2023 on 5 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 9,100 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 18 January 2026.

Questions about 211, Elite Downtown Residence

What did unit 211 last sell for?

AED 1,212,112 on 22 April 2024: AED 2,315 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 950,000 in June 2022.

What is the rent for unit 211?

AED 85,000 a year on the contract renewed on 18 January 2026. The previous contract, from January 2025, was AED 85,000; the unit has been rented since January 2023.

How big is unit 211?

524 sqft (48.7 sqm): a studio on the 2nd floor of a 23-storey tower completed in 2022.

What is unit 211 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 211, Elite Downtown Residence

Starts from the last sale price (AED 1.21M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,212,112
Deposit, UAE resident (20%)
AED 242,422
Deposit, non-resident (40%)
AED 484,845
Monthly over 25 years at 3.7%
AED 4,959

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