3-bed · 1,616 sqftElite Downtown Residence, Downtown Dubai · 6th floor · completed 2022

604, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 3.49M12 September 2023
Current rentAED 220K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Elite Downtown Residence

What is 604 worth today?

Last sold for AED 3,485,240 in 2023

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15 Dec 2025RentedNew contract
AED 220,000/yr12 months · AED 136 per sqft
15 Dec 2024RentedNew contract
AED 220,000/yr12 months · AED 136 per sqft
12 Sep 2023Sold by developerReady
AED 3,485,240AED 2,157 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
3-bed apartment
Size
1,616 sqft
Floor
6th of 23
Parking
B-75
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 3.49M · September 2023

About 604, Elite Downtown Residence

604 is a three-bedroom apartment of 1,616 sqft on the 6th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 12 September 2023 for AED 3,485,240, or AED 2,157 per sqft, 6% below the AED 2,289 three-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 December 2025, is AED 220,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 28,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical three-bed in Elite Downtown Residence
3.5M3.75M4M202220232024Typical sale price by year: 2022 AED 4,000,000; 2023 AED 3,642,300Sold by developer, September 2023: AED 3,485,240 (AED 2,157 per sqft)

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

Rents
Unit 604, each contractTypical three-bed in Elite Downtown Residence
220K225K2024202520262027Typical rent by year: 2024 AED 220,000; 2025 AED 225,000; 2026 AED 218,182New contract, December 2024: AED 220,000 a yearNew contract, December 2025: AED 220,000 a year

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 604 sits

All 20 3-beds →

604 last sold in September 2023 at AED 2,157 per sqft, 6% below what three-beds in Elite Downtown Residence were fetching at the time (AED 2,289). 604's AED 220,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20254,600,000
8 Jan 20254,185,000
24 Apr 20244,900,000
11 Mar 20244,300,000
0 3-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 6th floor

All 454 units in Elite Downtown Residence
Value
6011-bedAED 1.65M · Feb 2025
6021-bedAED 1.76M · Jun 2022
603StudioAED 1.29M · Mar 2022
6052-bedAED 2.34M · Sep 2022
606StudioAED 968K · Jun 2022
607StudioAED 967K · Jun 2022
608StudioAED 954K · Jun 2022
1–7 of 19

604, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 12 September 2023 for AED 3,485,240, or AED 2,157 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 28,200 a year (AED 17.47 per sqft).

Source: Dubai Land Department. Updated 15 December 2025.

Questions about 604, Elite Downtown Residence

What did unit 604 last sell for?

AED 3,485,240 on 12 September 2023, sold by the developer: AED 2,157 per sqft for 1,616 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 220,000 a year on the contract signed on 15 December 2025. The previous contract, from December 2024, was AED 220,000.

How big is unit 604?

1,616 sqft (150.1 sqm): a three-bedroom apartment on the 6th floor of a 23-storey tower completed in 2022.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 604, Elite Downtown Residence

Starts from the last sale price (AED 3.49M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,485,240
Deposit, UAE resident (20%)
AED 697,048
Deposit, non-resident (40%)
AED 1,394,096
Monthly over 25 years at 3.7%
AED 14,259

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