2220, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2220, Elite Downtown Residence
What is 2220 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 22nd of 23
- Parking
- P4-66
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,200 /yr
- Last sold
- AED 2.13M · January 2023
- Building
- Elite Downtown Residence
About 2220, Elite Downtown Residence
2220 is a studio of 526 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 6 January 2023 for AED 2,133,000, or AED 4,058 per sqft, 106% above the AED 1,974 studios in the building were fetching at the time.
One Ejari contract is registered, from 30 October 2026. The current contract, signed on 30 October 2026, is AED 72,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 9,200 a year.
Sales and rents for 2220 over time
2220 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 2220 sits
All 229 studios →2220 last sold in January 2023 at AED 4,058 per sqft, 106% above what studios in Elite Downtown Residence were fetching at the time (AED 1,974). 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. 2220's AED 72,000 is in the lower half of that range.
| 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 | ||
| 2203 | Studio | 497 sqft | AED 2.49MAED 2,490,000 · Sep 2022September 2022 | ||
| 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, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 6 January 2023 for AED 2,133,000, or AED 4,058 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 9,200 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 30 October 2026.
Questions about 2220, Elite Downtown Residence
What did unit 2220 last sell for?
AED 2,133,000 on 6 January 2023, sold by the developer: AED 4,058 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit 2220?
AED 72,000 a year on the contract signed on 30 October 2026.
How big is unit 2220?
526 sqft (48.9 sqm): a studio on the 22nd floor of a 23-storey tower completed in 2022.
What is unit 2220 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 2220, Elite Downtown Residence
Starts from the last sale price (AED 2.13M, 6 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,133,000
- Deposit, UAE resident (20%)
- AED 426,600
- Deposit, non-resident (40%)
- AED 853,200
- Monthly over 25 years at 3.7%
- AED 8,727
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →