2112, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2112, Elite Downtown Residence
What is 2112 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 534 sqft
- Floor
- 21st of 23
- Parking
- P4-33
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.28M · December 2024
- Building
- Elite Downtown Residence
About 2112, Elite Downtown Residence
2112 is a studio of 534 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 3 December 2024 for AED 1,275,000, or AED 2,389 per sqft, 5% below the AED 2,520 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 4 April 2025, is AED 80,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 9,300 a year.
Sales and rents for 2112 over time
2112 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 2112 sits
All 229 studios →2112 last sold in December 2024 at AED 2,389 per sqft, 5% below what studios in Elite Downtown Residence were fetching at the time (AED 2,520). 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. 2112's AED 80,000 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 | ||
| 2111 | Studio | 521 sqft | AED 1.13MAED 1,125,000 · Apr 2018April 2018 | 62,000 /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 |
2112, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 3 December 2024 for AED 1,275,000, or AED 2,389 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 63,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 9,300 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 4 April 2025.
Questions about 2112, Elite Downtown Residence
What did unit 2112 last sell for?
AED 1,275,000 on 3 December 2024, sold by the developer: AED 2,389 per sqft for 534 sqft. It is the only registered sale of the unit.
What is the rent for unit 2112?
AED 80,000 a year on the contract signed on 4 April 2025. The previous contract, from April 2025, was AED 80,000; the unit has been rented since August 2022.
How big is unit 2112?
534 sqft (49.6 sqm): a studio on the 21st floor of a 23-storey tower completed in 2022.
What is unit 2112 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 2112, Elite Downtown Residence
Starts from the last sale price (AED 1.28M, 3 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →