1-bed · 990 sqftElite Downtown Residence, Downtown Dubai · 4th floor · completed 2022

410, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.28M26 January 2022
Current rentAED 110K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, Elite Downtown Residence

What is 410 worth today?

Last sold for AED 1,275,850 in 2022

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27 Sep 2024RentedNew contract
AED 110,000/yr12 months · AED 110 per sqft
7 Mar 2023RentedNew contract
AED 115,000/yr12 months · AED 115 per sqft
26 Jan 2022Sold by developerOff-plan
AED 1,275,850AED 1,288 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
990 sqft
Floor
4th of 23
Parking
M-05
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 17,300 /yr
Last sold
AED 1.28M · January 2022

About 410, Elite Downtown Residence

410 is a one-bedroom apartment of 990 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 January 2022 for AED 1,275,850, or AED 1,288 per sqft, 17% below the AED 1,554 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 27 September 2024, is AED 110,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 17,300 a year.

Sales and rents for 410 over time

Sales
Unit 410, 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, January 2022: AED 1,275,850 (AED 1,288 per sqft)

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

Rents
Unit 410, 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 100,000New contract, March 2023: AED 115,000 a yearNew contract, September 2024: AED 110,000 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 410 sits

All 136 1-beds →

410 last sold in January 2022 at AED 1,288 per sqft, 17% 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. 410's AED 110,000 is in the lower half 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 4th floor

All 454 units in Elite Downtown Residence
Value
4011-bedAED 1.42M · Apr 2022
4021-bedAED 2.19M · Dec 2025
403StudioAED 1.6M · Aug 2024
4043-bedAED 4M · Oct 2022
4052-bedAED 2.17M · Apr 2022
406StudioAED 995K · Jul 2018
407StudioAED 926K · Jun 2022
1–7 of 19

410, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 26 January 2022 for AED 1,275,850, or AED 1,288 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 17,300 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 27 September 2024.

Questions about 410, Elite Downtown Residence

What did unit 410 last sell for?

AED 1,275,850 on 26 January 2022, sold by the developer: AED 1,288 per sqft for 990 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 110,000 a year on the contract signed on 27 September 2024. The previous contract, from March 2023, was AED 115,000.

How big is unit 410?

990 sqft (92.0 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2022.

What is unit 410 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 410, Elite Downtown Residence

Starts from the last sale price (AED 1.28M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,850
Deposit, UAE resident (20%)
AED 255,170
Deposit, non-resident (40%)
AED 510,340
Monthly over 25 years at 3.7%
AED 5,220

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