1-bed · 807 sqftElite Downtown Residence, Downtown Dubai · 3rd floor · completed 2022

319, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 1.1M19 December 2021
Current rentAED 80K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Elite Downtown Residence

What is 319 worth today?

Last sold for AED 1,100,000 in 2021

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26 Oct 2026RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
3 Jun 2025RentedRenewal
AED 95,700/yr12 months · AED 119 per sqft
3 Jun 2025RentedRenewal
AED 95,700/yr12 months · AED 119 per sqft
3 Jun 2024RentedRenewal
AED 95,700/yr12 months · AED 119 per sqft
3 Jun 2023RentedRenewal
AED 87,000/yr12 months · AED 108 per sqft
3 Jun 2022RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
19 Dec 2021Sold by developerOff-plan
AED 1,100,000AED 1,362 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 23
Parking
B-63
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 1.1M · December 2021

About 319, Elite Downtown Residence

319 is a one-bedroom apartment of 807 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 19 December 2021 for AED 1,100,000, or AED 1,362 per sqft, 12% below the AED 1,554 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 26 October 2026, is AED 80,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 14,100 a year.

Sales and rents for 319 over time

Sales
Unit 319, each saleTypical one-bed in Elite Downtown Residence
1M2M202120232025Typical sale price by year: 2021 AED 1,258,800; 2022 AED 1,528,625; 2023 AED 2,274,840; 2024 AED 1,650,000; 2025 AED 2,025,000Sold by developer, December 2021: AED 1,100,000 (AED 1,362 per sqft)

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

Rents
Unit 319, each contractTypical one-bed in Elite Downtown Residence
80K100K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, June 2022: AED 80,000 a yearRenewal, June 2023: AED 87,000 a yearRenewal, June 2024: AED 95,700 a yearRenewal, June 2025: AED 95,700 a yearRenewal, June 2025: AED 95,700 a yearNew contract, October 2026: AED 80,000 a year

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

1-beds in Elite Downtown Residence, and where 319 sits

All 136 1-beds →

319 last sold in December 2021 at AED 1,362 per sqft, 12% below what one-beds in Elite Downtown Residence were fetching at the time (AED 1,554). Over the last 12 months one-beds sold for AED 1,600,000 to 2,190,000, around AED 2,513 per sqft, and rent for AED 80,000 to 155,000 a year. 319's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
30 Apr 20262,000,000
9 Dec 20252,190,000
4 Dec 20252,065,000
4 1-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 3rd floor

All 454 units in Elite Downtown Residence
Value
3011-bedAED 1.28M · Jul 2022
3021-bedAED 2.27M · Sep 2023
303StudioAED 1.16M · Mar 2022
3043-bedAED 3.6M · Jul 2023
3052-bedAED 2.35M · Oct 2023
306StudioAED 995K · Jun 2022
307StudioAED 818K · Jun 2022
1–7 of 19

319, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 19 December 2021 for AED 1,100,000, or AED 1,362 per sqft.
  • Rented since June 2022 on 6 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 14,100 a year (AED 17.47 per sqft).
  • One-beds in Elite Downtown Residence sold for AED 1,600,000–2,190,000 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 26 October 2026.

Questions about 319, Elite Downtown Residence

What did unit 319 last sell for?

AED 1,100,000 on 19 December 2021, sold by the developer: AED 1,362 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 319?

AED 80,000 a year on the contract signed on 26 October 2026. The previous contract, from June 2025, was AED 95,700; the unit has been rented since June 2022.

How big is unit 319?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2022.

What is unit 319 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Downtown Residence sold for AED 1,600,000 to 2,190,000 in the last 12 months, around AED 2,513 per sqft.

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Mortgage on 319, Elite Downtown Residence

Starts from the last sale price (AED 1.1M, 19 December 2021). 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 →