1-bed · 806 sqftElite Downtown Residence, Downtown Dubai · 4th floor · completed 2022

402, Elite Downtown Residence

Sold prices and rental history: sold 3 times, last in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 9 December 2025
Last soldAED 2.19M9 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Elite Downtown Residence

What is 402 worth today?

Last sold for AED 2,190,000 in 2025

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9 Dec 2025SoldReady
AED 2,190,000AED 2,717 per sqft
10 Jan 2025SoldReady
AED 1,850,000AED 2,295 per sqft
31 Aug 2021Sold by developerOff-plan
AED 1,301,180AED 1,614 per sqft

Source: Dubai Land Department. Updated 9 December 2025.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
4th of 23
Parking
B-69
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.19M · December 2025

About 402, Elite Downtown Residence

402 is a one-bedroom apartment of 806 sqft on the 4th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 9 December 2025 for AED 2,190,000, or AED 2,717 per sqft, 17% above the AED 2,321 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Elite Downtown Residence
1.5M2M202120232025Typical 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, August 2021: AED 1,301,180 (AED 1,614 per sqft)Sold, January 2025: AED 1,850,000 (AED 2,295 per sqft)Sold, December 2025: AED 2,190,000 (AED 2,717 per sqft)

402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, each contractTypical one-bed in Elite Downtown Residence
100K110K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000

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 402 sits

All 136 1-beds →

402 last sold in December 2025 at AED 2,717 per sqft, 17% above what one-beds in Elite Downtown Residence were fetching at the time (AED 2,321). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
30 Apr 20262,000,000
4 Dec 20252,065,000
10 Sep 20252,050,000
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 4th floor

All 454 units in Elite Downtown Residence
Value
4011-bedAED 1.42M · Apr 2022
403StudioAED 1.6M · Aug 2024
4043-bedAED 4M · Oct 2022
4052-bedAED 2.17M · Apr 2022
406StudioAED 995K · Jul 2018
407StudioAED 926K · Jun 2022
408StudioAED 926K · Jun 2022
1–7 of 19

402, Elite Downtown Residence in numbers

  • Sold 3 times: first on 31 August 2021 for AED 1,301,180, last on 9 December 2025 for AED 2,190,000 (AED 2,717 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 9 December 2025.

Questions about 402, Elite Downtown Residence

What did unit 402 last sell for?

AED 2,190,000 on 9 December 2025: AED 2,717 per sqft for 806 sqft. The unit has 3 registered sales; the first was AED 1,301,180 in August 2021.

How big is unit 402?

806 sqft (74.9 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2022.

What is unit 402 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 402, Elite Downtown Residence

Starts from the last sale price (AED 2.19M, 9 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,190,000
Deposit, UAE resident (20%)
AED 438,000
Deposit, non-resident (40%)
AED 876,000
Monthly over 25 years at 3.7%
AED 8,960

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