411, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 411, Elite Downtown Residence
What is 411 worth today?
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Source: Dubai Land Department. Updated 12 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 4th of 23
- Parking
- M-06
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,100 /yr
- Last sold
- AED 884K · April 2022
- Building
- Elite Downtown Residence
About 411, Elite Downtown Residence
411 is a studio of 524 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 21 April 2022 for AED 883,500, or AED 1,687 per sqft, in line with the AED 1,701 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 August 2024, is AED 80,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 9,100 a year.
Sales and rents for 411 over time
411 has sold once; 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 411 sits
All 229 studios →411 last sold in April 2022 at AED 1,687 per sqft, in line with what studios in Elite Downtown Residence were fetching at the time (AED 1,701). 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. 411's AED 80,000 is in the lower half of that range.
| 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 | ||
| 403 | Studio | 495 sqft | AED 1.6MAED 1,600,000 · Aug 2024August 2024 | ||
| 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 | |
| 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 |
411, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 21 April 2022 for AED 883,500, or AED 1,687 per sqft.
- Rented since June 2022 on 3 Ejari contracts, from AED 60,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 9,100 a year (AED 17.47 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 12 August 2024.
Questions about 411, Elite Downtown Residence
What did unit 411 last sell for?
AED 883,500 on 21 April 2022, sold by the developer: AED 1,687 per sqft for 524 sqft. It is the only registered sale of the unit.
What is the rent for unit 411?
AED 80,000 a year on the contract signed on 12 August 2024. The previous contract, from February 2024, was AED 80,000; the unit has been rented since June 2022.
How big is unit 411?
524 sqft (48.7 sqm): a studio on the 4th floor of a 23-storey tower completed in 2022.
What is unit 411 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.
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Mortgage on 411, Elite Downtown Residence
Starts from the last sale price (AED 884K, 21 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 883,500
- Deposit, UAE resident (20%)
- AED 176,700
- Deposit, non-resident (40%)
- AED 353,400
- Monthly over 25 years at 3.7%
- AED 3,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →