Studio · 533 sqftElite Downtown Residence, Downtown Dubai · 6th floor · completed 2022

607, Elite Downtown Residence

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

Unit 607 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 967K7 June 2022
Current rentAED 84K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Elite Downtown Residence

What is 607 worth today?

Last sold for AED 967,200 in 2022

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1 Feb 2026RentedNew contract
AED 84,000/yr12 months · AED 158 per sqft
1 Sep 2025RentedRenewal
AED 81,900/yr12 months · AED 155 per sqft
1 Sep 2024RentedNew contract
AED 78,000/yr12 months · AED 145 per sqft
1 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 134 per sqft
6 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
7 Jun 2022Sold by developerReady
AED 967,200AED 1,814 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
6th of 23
Parking
M-38
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,300 /yr
Last sold
AED 967K · June 2022

About 607, Elite Downtown Residence

607 is a studio of 533 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 7 June 2022 for AED 967,200, or AED 1,814 per sqft, in line with the AED 1,814 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 February 2026, is AED 84,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 9,300 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical studio in Elite Downtown Residence
1M1.25M2021202320252027Typical sale price by year: 2021 AED 867,000; 2022 AED 1,017,425; 2023 AED 1,331,440; 2024 AED 1,255,000; 2025 AED 1,150,000; 2026 AED 1,090,000Sold by developer, June 2022: AED 967,200 (AED 1,814 per sqft)

607 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 607, each contractTypical studio in Elite Downtown Residence
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, July 2022: AED 60,000 a yearNew contract, September 2023: AED 72,000 a yearNew contract, September 2024: AED 78,000 a yearRenewal, September 2025: AED 81,900 a yearNew contract, February 2026: AED 84,000 a year

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 607 sits

All 229 studios →

607 last sold in June 2022 at AED 1,814 per sqft, in line with what studios in Elite Downtown Residence were fetching at the time (AED 1,814). 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. 607's AED 84,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026935,000
18 Sep 2026950,000
30 Jul 20261,100,000
23 Jul 20261,230,000
18 studio 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
6043-bedAED 3.49M · Sep 2023
6052-bedAED 2.34M · Sep 2022
606StudioAED 968K · Jun 2022
608StudioAED 954K · Jun 2022
1–7 of 19

607, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 7 June 2022 for AED 967,200, or AED 1,814 per sqft.
  • Rented since July 2022 on 5 Ejari contracts, from AED 60,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 9,300 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 1 February 2026.

Questions about 607, Elite Downtown Residence

What did unit 607 last sell for?

AED 967,200 on 7 June 2022, sold by the developer: AED 1,814 per sqft for 533 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 84,000 a year on the contract signed on 1 February 2026. The previous contract, from September 2025, was AED 81,900; the unit has been rented since July 2022.

How big is unit 607?

533 sqft (49.5 sqm): a studio on the 6th floor of a 23-storey tower completed in 2022.

What is unit 607 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 607, Elite Downtown Residence

Starts from the last sale price (AED 967K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 967,200
Deposit, UAE resident (20%)
AED 193,440
Deposit, non-resident (40%)
AED 386,880
Monthly over 25 years at 3.7%
AED 3,957

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