2118, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2118, Elite Downtown Residence
What is 2118 worth today?
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Source: Dubai Land Department. Updated 15 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 810 sqft
- Floor
- 21st of 23
- Parking
- P4-38
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,100 /yr
- Last sold
- AED 2.25M · July 2022
- Building
- Elite Downtown Residence
About 2118, Elite Downtown Residence
2118 is a one-bedroom apartment of 810 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 15 July 2022 for AED 2,254,000, or AED 2,784 per sqft, 70% above the AED 1,636 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2118 over time
2118 has sold once; the dashed line is the one-bed median of each year in the building.
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 2118 sits
All 136 1-beds →2118 last sold in July 2022 at AED 2,784 per sqft, 70% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,636). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 807 sqft | 1,600,000 | 1,982 | ||
| 30 Apr 202630 April 2026 | 809 sqft | 2,000,000 | 2,473 | ||
| 9 Dec 20259 December 2025 | 806 sqft | 2,190,000 | 2,717 | ||
| 4 Dec 20254 December 2025 | 809 sqft | 2,065,000 | 2,553 |
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 | |
| 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 | ||
| 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 |
2118, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 15 July 2022 for AED 2,254,000, or AED 2,784 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 15 July 2022.
Questions about 2118, Elite Downtown Residence
What did unit 2118 last sell for?
AED 2,254,000 on 15 July 2022, sold by the developer: AED 2,784 per sqft for 810 sqft. It is the only registered sale of the unit.
How big is unit 2118?
810 sqft (75.3 sqm): a one-bedroom apartment on the 21st floor of a 23-storey tower completed in 2022.
What is unit 2118 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 2118, Elite Downtown Residence
Starts from the last sale price (AED 2.25M, 15 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,254,000
- Deposit, UAE resident (20%)
- AED 450,800
- Deposit, non-resident (40%)
- AED 901,600
- Monthly over 25 years at 3.7%
- AED 9,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →