2-bed · 1,630 sqftElite Downtown Residence, Downtown Dubai · 22nd floor · completed 2022

2216, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2216 · DLD and Ejari recordsUpdated 12 December 2021
Last soldAED 2.61M12 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2216, Elite Downtown Residence

What is 2216 worth today?

Last sold for AED 2,612,500 in 2021

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12 Dec 2021Sold by developerOff-plan
AED 2,612,500AED 1,602 per sqft

Source: Dubai Land Department. Updated 12 December 2021.

Key facts

Type
2-bed apartment
Size
1,630 sqft
Floor
22nd of 23
Parking
P2-26
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 28,500 /yr
Last sold
AED 2.61M · December 2021

About 2216, Elite Downtown Residence

2216 is a two-bedroom apartment of 1,630 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 12 December 2021 for AED 2,612,500, or AED 1,602 per sqft, 5% above the AED 1,527 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2216 over time

Sales
Unit 2216, each saleTypical two-bed in Elite Downtown Residence
2.5M3M3.5M2021202320252027Typical sale price by year: 2021 AED 2,428,000; 2022 AED 2,516,500; 2023 AED 2,931,660; 2024 AED 3,500,000; 2025 AED 2,455,000; 2026 AED 2,575,000Sold by developer, December 2021: AED 2,612,500 (AED 1,602 per sqft)

2216 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2216, each contractTypical two-bed in Elite Downtown Residence
160K180K202220242026Typical rent by year: 2022 AED 155,000; 2023 AED 170,000; 2024 AED 172,000; 2025 AED 176,160; 2026 AED 190,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Downtown Residence, and where 2216 sits

All 69 2-beds →

2216 last sold in December 2021 at AED 1,602 per sqft, 5% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,527). Over the last 12 months two-beds sold for AED 1,250,000 to 3,347,904, around AED 1,876 per sqft, and rent for AED 130,000 to 230,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20262,550,000
8 May 20263,347,904
31 Mar 20262,575,000
11 Dec 20251,250,000
4 2-bed 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 22nd floor

All 454 units in Elite Downtown Residence
Value
22011-bedAED 2.29M · Apr 2022
22021-bedAED 2.1M · Feb 2025
2203StudioAED 2.49M · Sep 2022
22043-bedAED 4.6M · Mar 2025
22052-bedAED 2.28M · Jul 2021
2206StudioAED 1.33M · Sep 2023
2207StudioAED 1.15M · Aug 2025
1–7 of 18

2216, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 12 December 2021 for AED 2,612,500, or AED 1,602 per sqft.
  • Two-beds in Elite Downtown Residence sold for AED 1,250,000–3,347,904 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 12 December 2021.

Questions about 2216, Elite Downtown Residence

What did unit 2216 last sell for?

AED 2,612,500 on 12 December 2021, sold by the developer: AED 1,602 per sqft for 1,630 sqft. It is the only registered sale of the unit.

How big is unit 2216?

1,630 sqft (151.4 sqm): a two-bedroom apartment on the 22nd floor of a 23-storey tower completed in 2022.

What is unit 2216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Downtown Residence sold for AED 1,250,000 to 3,347,904 in the last 12 months, around AED 1,876 per sqft.

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Mortgage on 2216, Elite Downtown Residence

Starts from the last sale price (AED 2.61M, 12 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,612,500
Deposit, UAE resident (20%)
AED 522,500
Deposit, non-resident (40%)
AED 1,045,000
Monthly over 25 years at 3.7%
AED 10,689

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