403, Elite Downtown Residence
Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Elite Downtown Residence
What is 403 worth today?
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Source: Dubai Land Department. Updated 30 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 4th of 23
- Parking
- G-11
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 8,600 /yr
- Last sold
- AED 1.6M · August 2024
- Building
- Elite Downtown Residence
About 403, Elite Downtown Residence
403 is a studio of 495 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 30 August 2024 for AED 1,600,000, or AED 3,234 per sqft, 31% above the AED 2,469 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the studio median of each year in the building.
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 403 sits
All 229 studios →403 last sold in August 2024 at AED 3,234 per sqft, 31% above what studios in Elite Downtown Residence were fetching at the time (AED 2,469). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 534 sqft | 935,000 | 1,752 | ||
| 18 Sep 202618 September 2026 | 431 sqft | 950,000 | 2,202 | ||
| 30 Jul 202630 July 2026 | 497 sqft | 1,100,000 | 2,213 | ||
| 23 Jul 202623 July 2026 | 526 sqft | 1,230,000 | 2,340 |
Elite Downtown Residence
Building454 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%
Other units on the 4th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 821 sqft | AED 1.42MAED 1,420,000 · Apr 2022April 2022 | 85,000 /yr | |
| 402 | 1-bed | 806 sqft | AED 2.19MAED 2,190,000 · Dec 2025December 2025 | ||
| 404 | 3-bed | 1,616 sqft | AED 4MAED 4,000,000 · Oct 2022October 2022 | ||
| 405 | 2-bed | 1,363 sqft | AED 2.17MAED 2,169,000 · Apr 2022April 2022 | ||
| 406 | Studio | 536 sqft | AED 995KAED 994,708 · Jul 2018July 2018 | ||
| 407 | Studio | 531 sqft | AED 926KAED 925,900 · Jun 2022June 2022 | 75,000 /yr | |
| 408 | Studio | 516 sqft | AED 926KAED 925,900 · Jun 2022June 2022 | 75,000 /yr | |
| 409 | 1-bed | 1,002 sqft | AED 1.21MAED 1,211,910 · Apr 2022April 2022 | 130,000 /yr | |
| 410 | 1-bed | 990 sqft | AED 1.28MAED 1,275,850 · Jan 2022January 2022 | 110,000 /yr | |
| 411 | Studio | 524 sqft | AED 884KAED 883,500 · Apr 2022April 2022 | 80,000 /yr | |
| 412 | Studio | 531 sqft | AED 1.07MAED 1,065,000 · Aug 2024August 2024 | 60,000 /yr | |
| 413 | Studio | 541 sqft | AED 810KAED 809,775 · Feb 2022February 2022 | 110,000 /yr | |
| 414 | 2-bed | 1,760 sqft | AED 1.9MAED 1,900,000 · Apr 2022April 2022 | 200,000 /yr | |
| 415 | Studio | 433 sqft | AED 1.34MAED 1,339,800 · Jan 2023January 2023 | 68,000 /yr | |
| 416 | 2-bed | 1,628 sqft | AED 2.91MAED 2,912,080 · Sep 2023September 2023 | ||
| 417 | Studio | 524 sqft | AED 1.28MAED 1,275,000 · May 2022May 2022 | ||
| 418 | 1-bed | 807 sqft | AED 1.5MAED 1,495,000 · May 2022May 2022 | 95,000 /yr | |
| 419 | 1-bed | 807 sqft | AED 1.25MAED 1,250,000 · Apr 2022April 2022 | 105,000 /yr | |
| 420 | Studio | 526 sqft | AED 1.3MAED 1,304,000 · Mar 2023March 2023 |
403, Elite Downtown Residence in numbers
- Sold twice: first on 24 August 2022 for AED 1,300,000, last on 30 August 2024 for AED 1,600,000 (AED 3,234 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 30 August 2024.
Questions about 403, Elite Downtown Residence
What did unit 403 last sell for?
AED 1,600,000 on 30 August 2024: AED 3,234 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in August 2022.
How big is unit 403?
495 sqft (46.0 sqm): a studio on the 4th floor of a 23-storey tower completed in 2022.
What is unit 403 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.
Selling 403? Put it on the OpenOffers board
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Mortgage on 403, Elite Downtown Residence
Starts from the last sale price (AED 1.6M, 30 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →