Studio · 495 sqftElite Downtown Residence, Downtown Dubai · 3rd floor · completed 2022

303, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 2 March 2022
Last soldAED 1.16M2 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Elite Downtown Residence

What is 303 worth today?

Last sold for AED 1,159,150 in 2022

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2 Mar 2022Sold by developerOff-plan
AED 1,159,150AED 2,343 per sqft

Source: Dubai Land Department. Updated 2 March 2022.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
3rd of 23
Parking
B-45
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 8,600 /yr
Last sold
AED 1.16M · March 2022

About 303, Elite Downtown Residence

303 is a studio of 495 sqft on the 3rd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 2 March 2022 for AED 1,159,150, or AED 2,343 per sqft, 41% above the AED 1,663 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, 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, March 2022: AED 1,159,150 (AED 2,343 per sqft)

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

Rents
Unit 303, 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 303 sits

All 229 studios →

303 last sold in March 2022 at AED 2,343 per sqft, 41% above what studios in Elite Downtown Residence were fetching at the time (AED 1,663). 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 3rd floor

All 454 units in Elite Downtown Residence
Value
3011-bedAED 1.28M · Jul 2022
3021-bedAED 2.27M · Sep 2023
3043-bedAED 3.6M · Jul 2023
3052-bedAED 2.35M · Oct 2023
306StudioAED 995K · Jun 2022
307StudioAED 818K · Jun 2022
308StudioAED 875K · Jun 2022
1–7 of 19

303, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 2 March 2022 for AED 1,159,150, or AED 2,343 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 2 March 2022.

Questions about 303, Elite Downtown Residence

What did unit 303 last sell for?

AED 1,159,150 on 2 March 2022, sold by the developer: AED 2,343 per sqft for 495 sqft. It is the only registered sale of the unit.

How big is unit 303?

495 sqft (46.0 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2022.

What is unit 303 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 303, Elite Downtown Residence

Starts from the last sale price (AED 1.16M, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,159,150
Deposit, UAE resident (20%)
AED 231,830
Deposit, non-resident (40%)
AED 463,660
Monthly over 25 years at 3.7%
AED 4,742

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