218, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Elite Downtown Residence
What is 218 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 2nd of 23
- Parking
- B-39
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,100 /yr
- Last sold
- AED 1.76M · July 2022
- Building
- Elite Downtown Residence
About 218, Elite Downtown Residence
218 is a one-bedroom apartment of 807 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 4 July 2022 for AED 1,760,000, or AED 2,180 per sqft, 33% above the AED 1,636 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 February 2026. The current contract, renewed on 16 February 2026, is AED 102,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 218 over time
218 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 218 sits
All 136 1-beds →218 last sold in July 2022 at AED 2,180 per sqft, 33% 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. 218's AED 102,000 is in the lower half of that range.
| 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 2nd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 821 sqft | AED 2.27MAED 2,273,112 · Mar 2024March 2024 | 80,000 /yr | |
| 202 | 1-bed | 806 sqft | AED 1.55MAED 1,545,840 · Feb 2022February 2022 | 95,000 /yr | |
| 203 | Studio | 495 sqft | AED 1.31MAED 1,310,000 · Sep 2024September 2024 | ||
| 204 | 3-bed | 1,616 sqft | AED 3.34MAED 3,335,720 · Sep 2023September 2023 | 80,000 /yr | |
| 205 | 2-bed | 1,363 sqft | AED 2.38MAED 2,384,000 · Dec 2022December 2022 | ||
| 206 | Studio | 536 sqft | AED 990KAED 990,000 · Jun 2022June 2022 | 94,500 /yr | |
| 207 | Studio | 531 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 60,000 /yr | |
| 208 | Studio | 516 sqft | AED 780KAED 780,000 · Mar 2022March 2022 | 66,000 /yr | |
| 209 | 1-bed | 1,002 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 110,000 /yr | |
| 210 | 1-bed | 1,003 sqft | AED 1.53MAED 1,525,500 · Jun 2022June 2022 | 125,000 /yr | |
| 211 | Studio | 524 sqft | AED 1.21MAED 1,212,112 · Apr 2024April 2024 | 85,000 /yr | |
| 212 | Studio | 531 sqft | AED 935KAED 935,000 · May 2022May 2022 | 60,000 /yr | |
| 213 | Studio | 541 sqft | AED 802KAED 801,655 · Feb 2022February 2022 | 110,000 /yr | |
| 214 | 2-bed | 1,760 sqft | AED 1.97MAED 1,970,000 · Mar 2022March 2022 | 145,000 /yr | |
| 215 | Studio | 433 sqft | AED 860KAED 860,000 · Jun 2022June 2022 | 85,000 /yr | |
| 216 | 2-bed | 1,628 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | ||
| 217 | Studio | 524 sqft | AED 1.18MAED 1,182,500 · Aug 2023August 2023 | 82,000 /yr | |
| 219 | 1-bed | 807 sqft | AED 1.25MAED 1,250,000 · Mar 2022March 2022 | 110,000 /yr | |
| 220 | Studio | 526 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 75,000 /yr |
218, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 4 July 2022 for AED 1,760,000, or AED 2,180 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 102,000 a year.
- At AED 102,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 14,100 a year (AED 17.47 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 16 February 2026.
Questions about 218, Elite Downtown Residence
What did unit 218 last sell for?
AED 1,760,000 on 4 July 2022, sold by the developer: AED 2,180 per sqft for 807 sqft. It is the only registered sale of the unit.
What is the rent for unit 218?
AED 102,000 a year on the contract renewed on 16 February 2026.
How big is unit 218?
807 sqft (75.0 sqm): a one-bedroom apartment on the 2nd floor of a 23-storey tower completed in 2022.
What is unit 218 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 218, Elite Downtown Residence
Starts from the last sale price (AED 1.76M, 4 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,760,000
- Deposit, UAE resident (20%)
- AED 352,000
- Deposit, non-resident (40%)
- AED 704,000
- Monthly over 25 years at 3.7%
- AED 7,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →