404, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in October 2022, 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 404, Elite Downtown Residence
What is 404 worth today?
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Source: Dubai Land Department. Updated 26 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,616 sqft
- Floor
- 4th of 23
- Parking
- B-31
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,200 /yr
- Last sold
- AED 4M · October 2022
- Building
- Elite Downtown Residence
About 404, Elite Downtown Residence
404 is a three-bedroom apartment of 1,616 sqft on the 4th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 26 October 2022 for AED 4,000,000, or AED 2,474 per sqft, in line with the AED 2,474 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 404 over time
404 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Elite Downtown Residence, and where 404 sits
All 20 3-beds →404 last sold in October 2022 at AED 2,474 per sqft, in line with what three-beds in Elite Downtown Residence were fetching at the time (AED 2,474).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20255 March 2025 | 1,616 sqft | 4,600,000 | 2,847 | ||
| 8 Jan 20258 January 2025 | 1,616 sqft | 4,185,000 | 2,590 | ||
| 24 Apr 202424 April 2024 | 1,616 sqft | 4,900,000 | 3,032 | ||
| 11 Mar 202411 March 2024 | 1,616 sqft | 4,300,000 | 2,661 |
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 | ||
| 403 | Studio | 495 sqft | AED 1.6MAED 1,600,000 · Aug 2024August 2024 | ||
| 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 |
404, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 26 October 2022 for AED 4,000,000, or AED 2,474 per sqft.
Source: Dubai Land Department. Updated 26 October 2022.
Questions about 404, Elite Downtown Residence
What did unit 404 last sell for?
AED 4,000,000 on 26 October 2022, sold by the developer: AED 2,474 per sqft for 1,616 sqft. It is the only registered sale of the unit.
How big is unit 404?
1,616 sqft (150.1 sqm): a three-bedroom apartment on the 4th floor of a 23-storey tower completed in 2022.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 404? Put it on the OpenOffers board
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Mortgage on 404, Elite Downtown Residence
Starts from the last sale price (AED 4M, 26 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →