Studio · 431 sqftElite Downtown Residence, Downtown Dubai · 23rd floor · completed 2022

2315, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2315 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 1.34M28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2315, Elite Downtown Residence

What is 2315 worth today?

Last sold for AED 1,336,500 in 2025

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28 Jan 2025Sold by developerReady
AED 1,336,500AED 3,098 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
23rd of 23
Parking
P4-78
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 7,500 /yr
Last sold
AED 1.34M · January 2025

About 2315, Elite Downtown Residence

2315 is a studio of 431 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 28 January 2025 for AED 1,336,500, or AED 3,098 per sqft, 30% above the AED 2,391 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2315 over time

Sales
Unit 2315, 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, January 2025: AED 1,336,500 (AED 3,098 per sqft)

2315 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2315, 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 69,632

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 2315 sits

All 229 studios →

2315 last sold in January 2025 at AED 3,098 per sqft, 30% above what studios in Elite Downtown Residence were fetching at the time (AED 2,391). 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 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
2307StudioAED 1.1M · Jul 2025
1–7 of 19

2315, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 28 January 2025 for AED 1,336,500, or AED 3,098 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 28 January 2025.

Questions about 2315, Elite Downtown Residence

What did unit 2315 last sell for?

AED 1,336,500 on 28 January 2025, sold by the developer: AED 3,098 per sqft for 431 sqft. It is the only registered sale of the unit.

How big is unit 2315?

431 sqft (40.0 sqm): a studio on the 23rd floor of a 23-storey tower completed in 2022.

What is unit 2315 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 2315, Elite Downtown Residence

Starts from the last sale price (AED 1.34M, 28 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,336,500
Deposit, UAE resident (20%)
AED 267,300
Deposit, non-resident (40%)
AED 534,600
Monthly over 25 years at 3.7%
AED 5,468

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