Studio · 541 sqftElite Downtown Residence, Downtown Dubai · 2nd floor · completed 2022

213, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in February 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 802K8 February 2022
Current rentAED 110K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Elite Downtown Residence

What is 213 worth today?

Last sold for AED 801,655 in 2022

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1 Jan 2026RentedRenewal
AED 110,000/yr12 months · AED 203 per sqft
1 Jan 2025RentedNew contract
AED 96,000/yr12 months · AED 178 per sqft
1 Jun 2023RentedNew contract
AED 96,000/yr12 months · AED 178 per sqft
10 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
8 Feb 2022Sold by developerOff-plan
AED 801,655AED 1,482 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
2nd of 23
Parking
B-36
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,400 /yr
Last sold
AED 802K · February 2022

About 213, Elite Downtown Residence

213 is a studio of 541 sqft on the 2nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 8 February 2022 for AED 801,655, or AED 1,482 per sqft, 12% below the AED 1,681 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 110,000 a year: a gross yield of 13.7% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical studio in Elite Downtown Residence
750K1M1.25M2021202320252027Typical 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, February 2022: AED 801,655 (AED 1,482 per sqft)

213 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 213, each contractTypical studio in Elite Downtown Residence
75K100K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, April 2022: AED 75,000 a yearNew contract, June 2023: AED 96,000 a yearNew contract, January 2025: AED 96,000 a yearRenewal, January 2026: AED 110,000 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 213 sits

All 229 studios →

213 last sold in February 2022 at AED 1,482 per sqft, 12% below what studios in Elite Downtown Residence were fetching at the time (AED 1,681). 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. 213's AED 110,000 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

213, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 8 February 2022 for AED 801,655, or AED 1,482 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 13.7%, before a service charge of about AED 9,400 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 1 January 2026.

Questions about 213, Elite Downtown Residence

What did unit 213 last sell for?

AED 801,655 on 8 February 2022, sold by the developer: AED 1,482 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 110,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 96,000; the unit has been rented since April 2022.

How big is unit 213?

541 sqft (50.3 sqm): a studio on the 2nd floor of a 23-storey tower completed in 2022.

What is unit 213 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 213, Elite Downtown Residence

Starts from the last sale price (AED 802K, 8 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 801,655
Deposit, UAE resident (20%)
AED 160,331
Deposit, non-resident (40%)
AED 320,662
Monthly over 25 years at 3.7%
AED 3,280

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