2111, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2111, Elite Downtown Residence
What is 2111 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 21st of 23
- Parking
- P4-32
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.13M · April 2018
- Building
- Elite Downtown Residence
About 2111, Elite Downtown Residence
2111 is a studio of 521 sqft on the 21st floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 24 April 2018 for AED 1,125,000, or AED 2,157 per sqft.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 7 September 2026, is AED 62,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 9,100 a year.
Sales and rents for 2111 over time
2111 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 2111 sits
All 229 studios →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. 2111's AED 62,000 is in the lower 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 21st floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2101 | 1-bed | 824 sqft | AED 1.29MAED 1,285,875 · Apr 2022April 2022 | 115,000 /yr | |
| 2102 | 1-bed | 809 sqft | AED 1.53MAED 1,531,750 · Mar 2022March 2022 | ||
| 2103 | Studio | 497 sqft | AED 1.05MAED 1,054,000 · Oct 2021October 2021 | ||
| 2104 | 3-bed | 1,616 sqft | AED 4.4MAED 4,400,000 · Jul 2023July 2023 | ||
| 2105 | 2-bed | 1,366 sqft | AED 3.06MAED 3,056,000 · Feb 2023February 2023 | ||
| 2106 | Studio | 536 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 70,000 /yr | |
| 2107 | Studio | 533 sqft | AED 1.28MAED 1,275,000 · Dec 2024December 2024 | 65,000 /yr | |
| 2108 | Studio | 514 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 65,000 /yr | |
| 2109 | 1-bed | 1,006 sqft | AED 2.2MAED 2,195,000 · Aug 2022August 2022 | ||
| 2110 | 1-bed | 994 sqft | AED 1.49MAED 1,491,500 · Feb 2022February 2022 | ||
| 2112 | Studio | 534 sqft | AED 1.28MAED 1,275,000 · Dec 2024December 2024 | 80,000 /yr | |
| 2113 | Studio | 542 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 60,000 /yr | |
| 2114 | 2-bed | 1,760 sqft | AED 2.93MAED 2,929,880 · Sep 2023September 2023 | ||
| 2115 | Studio | 431 sqft | AED 1.46MAED 1,456,040 · Sep 2023September 2023 | ||
| 2116 | 2-bed | 1,630 sqft | AED 2.49MAED 2,490,000 · Oct 2021October 2021 | ||
| 2117 | Studio | 522 sqft | AED 2.27MAED 2,270,000 · Nov 2022November 2022 | ||
| 2118 | 1-bed | 810 sqft | AED 2.25MAED 2,254,000 · Jul 2022July 2022 | ||
| 2119 | 1-bed | 810 sqft | AED 2.46MAED 2,455,200 · Sep 2022September 2022 | ||
| 2120 | Studio | 526 sqft | AED 1.23MAED 1,230,000 · Jul 2026July 2026 | 65,000 /yr |
2111, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 24 April 2018 for AED 1,125,000, or AED 2,157 per sqft.
- Rented since September 2024 on 3 Ejari contracts, from AED 75,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2018 price is 5.5%, 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 7 September 2026.
Questions about 2111, Elite Downtown Residence
What did unit 2111 last sell for?
AED 1,125,000 on 24 April 2018, sold by the developer: AED 2,157 per sqft for 521 sqft. It is the only registered sale of the unit.
What is the rent for unit 2111?
AED 62,000 a year on the contract signed on 7 September 2026. The previous contract, from September 2025, was AED 72,000; the unit has been rented since September 2024.
How big is unit 2111?
521 sqft (48.4 sqm): a studio on the 21st floor of a 23-storey tower completed in 2022.
What is unit 2111 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 2111, Elite Downtown Residence
Starts from the last sale price (AED 1.13M, 24 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →