Studio · 533 sqftElite Downtown Residence, Downtown Dubai · 23rd floor · completed 2022

2307, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in July 2025, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 1.1M4 July 2025
Current rentAED 65K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Elite Downtown Residence

What is 2307 worth today?

Last sold for AED 1,100,000 in 2025

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4 Jul 2025Sold by developerReady
AED 1,100,000AED 2,063 per sqft
20 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
23rd of 23
Parking
P4-71
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,300 /yr
Last sold
AED 1.1M · July 2025

About 2307, Elite Downtown Residence

2307 is a studio of 533 sqft on the 23rd 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 2025 for AED 1,100,000, or AED 2,063 per sqft, 12% below the AED 2,333 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2022. The current contract, signed on 20 September 2022, is AED 65,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 9,300 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, each saleTypical studio in Elite Downtown Residence
1M1.25M2021202320252027Typical 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, July 2025: AED 1,100,000 (AED 2,063 per sqft)

2307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2307, each contractTypical studio in Elite Downtown Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, September 2022: AED 65,000 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 2307 sits

All 229 studios →

2307 last sold in July 2025 at AED 2,063 per sqft, 12% below what studios in Elite Downtown Residence were fetching at the time (AED 2,333). 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. 2307's AED 65,000 is in the lower 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 23rd floor

All 454 units in Elite Downtown Residence
Value
23011-bedAED 3.21M · Nov 2022
23021-bedAED 2.25M · Jun 2025
2303StudioAED 2.56M · Dec 2022
23043-bedAED 4.45M · Sep 2023
23052-bedAED 2.93M · Sep 2023
2306StudioAED 1.17M · Feb 2025
2308StudioAED 1.18M · Jun 2025
1–7 of 19

2307, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 4 July 2025 for AED 1,100,000, or AED 2,063 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 9,300 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 4 July 2025.

Questions about 2307, Elite Downtown Residence

What did unit 2307 last sell for?

AED 1,100,000 on 4 July 2025, sold by the developer: AED 2,063 per sqft for 533 sqft. It is the only registered sale of the unit.

What is the rent for unit 2307?

AED 65,000 a year on the contract signed on 20 September 2022.

How big is unit 2307?

533 sqft (49.5 sqm): a studio on the 23rd floor of a 23-storey tower completed in 2022.

What is unit 2307 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 2307, Elite Downtown Residence

Starts from the last sale price (AED 1.1M, 4 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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