2203, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 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 2203, Elite Downtown Residence
What is 2203 worth today?
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Source: Dubai Land Department. Updated 29 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 22nd of 23
- Parking
- P4-45
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 8,700 /yr
- Last sold
- AED 2.49M · September 2022
- Building
- Elite Downtown Residence
About 2203, Elite Downtown Residence
2203 is a studio of 497 sqft on the 22nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 29 September 2022 for AED 2,490,000, or AED 5,010 per sqft, 161% above the AED 1,916 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2203 over time
2203 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 2203 sits
All 229 studios →2203 last sold in September 2022 at AED 5,010 per sqft, 161% above what studios in Elite Downtown Residence were fetching at the time (AED 1,916). 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.
| 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 22nd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 824 sqft | AED 2.29MAED 2,285,337 · Apr 2022April 2022 | 95,000 /yr | |
| 2202 | 1-bed | 809 sqft | AED 2.1MAED 2,100,000 · Feb 2025February 2025 | ||
| 2204 | 3-bed | 1,616 sqft | AED 4.6MAED 4,600,000 · Mar 2025March 2025 | ||
| 2205 | 2-bed | 1,366 sqft | AED 2.28MAED 2,281,000 · Jul 2021July 2021 | 73,400 /yr | |
| 2206 | Studio | 536 sqft | AED 1.33MAED 1,331,440 · Sep 2023September 2023 | 82,000 /yr | |
| 2207 | Studio | 533 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 65,000 /yr | |
| 2208 | Studio | 514 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | 65,000 /yr | |
| 2209 | 1-bed | 1,006 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | 105,000 /yr | |
| 2210 | 1-bed | 1,007 sqft | AED 2.27MAED 2,265,000 · Dec 2022December 2022 | ||
| 2211 | Studio | 521 sqft | AED 1.18MAED 1,182,750 · Jan 2025January 2025 | 90,000 /yr | |
| 2212 | Studio | 534 sqft | AED 1.18MAED 1,182,750 · Jan 2025January 2025 | 90,000 /yr | |
| 2214 | 2-bed | 1,760 sqft | AED 3.05MAED 3,050,920 · Sep 2023September 2023 | ||
| 2215 | Studio | 431 sqft | AED 1.58MAED 1,584,200 · Sep 2023September 2023 | 50,000 /yr | |
| 2216 | 2-bed | 1,630 sqft | AED 2.61MAED 2,612,500 · Dec 2021December 2021 | ||
| 2217 | Studio | 522 sqft | AED 1.4MAED 1,400,000 · Apr 2026April 2026 | ||
| 2218 | 1-bed | 810 sqft | AED 2.43MAED 2,425,000 · May 2022May 2022 | 126,000 /yr | |
| 2219 | 1-bed | 810 sqft | AED 2.46MAED 2,463,750 · Feb 2023February 2023 | ||
| 2220 | Studio | 526 sqft | AED 2.13MAED 2,133,000 · Jan 2023January 2023 | 72,000 /yr |
2203, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 29 September 2022 for AED 2,490,000, or AED 5,010 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 29 September 2022.
Questions about 2203, Elite Downtown Residence
What did unit 2203 last sell for?
AED 2,490,000 on 29 September 2022, sold by the developer: AED 5,010 per sqft for 497 sqft. It is the only registered sale of the unit.
How big is unit 2203?
497 sqft (46.2 sqm): a studio on the 22nd floor of a 23-storey tower completed in 2022.
What is unit 2203 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 2203, Elite Downtown Residence
Starts from the last sale price (AED 2.49M, 29 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,490,000
- Deposit, UAE resident (20%)
- AED 498,000
- Deposit, non-resident (40%)
- AED 996,000
- Monthly over 25 years at 3.7%
- AED 10,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →