Studio · 534 sqftElite Downtown Residence, Downtown Dubai · 6th floor · completed 2022

612, Elite Downtown Residence

Sold prices and rental history: sold twice, last in September 2026, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 935K18 September 2026
Current rentAED 75K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Elite Downtown Residence

What is 612 worth today?

Last sold for AED 935,000 in 2026

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18 Sep 2026SoldReady
AED 935,000AED 1,752 per sqft
19 Jan 2026RentedRenewal
AED 75,000/yr12 months · AED 139 per sqft
19 Apr 2022Sold by developerReady
AED 860,000AED 1,611 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
6th of 23
Parking
M-45
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,300 /yr
Last sold
AED 935K · September 2026

About 612, Elite Downtown Residence

612 is a studio of 534 sqft on the 6th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 18 September 2026 for AED 935,000, or AED 1,752 per sqft, 21% below the AED 2,213 studios in the building were fetching at the time.

One Ejari contract is registered, from 19 January 2026. The current contract, renewed on 19 January 2026, is AED 75,000 a year: a gross yield of 8.0% on the 2026 price, before the service charge of about AED 9,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, April 2022: AED 860,000 (AED 1,611 per sqft)Sold, September 2026: AED 935,000 (AED 1,752 per sqft)

612 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 612, each contractTypical studio in Elite Downtown Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632Renewal, January 2026: AED 75,000 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 612 sits

All 229 studios →

612 last sold in September 2026 at AED 1,752 per sqft, 21% below what studios in Elite Downtown Residence were fetching at the time (AED 2,213). 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. 612's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026950,000
30 Jul 20261,100,000
23 Jul 20261,230,000
9 Jun 20261,080,000
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
607StudioAED 967K · Jun 2022
1–7 of 19

612, Elite Downtown Residence in numbers

  • Sold twice: first on 19 April 2022 for AED 860,000, last on 18 September 2026 for AED 935,000 (AED 1,752 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2026 price is 8.0%, 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 18 September 2026.

Questions about 612, Elite Downtown Residence

What did unit 612 last sell for?

AED 935,000 on 18 September 2026: AED 1,752 per sqft for 534 sqft. The unit has 2 registered sales; the first was AED 860,000 in April 2022.

What is the rent for unit 612?

AED 75,000 a year on the contract renewed on 19 January 2026.

How big is unit 612?

534 sqft (49.6 sqm): a studio on the 6th floor of a 23-storey tower completed in 2022.

What is unit 612 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 612, Elite Downtown Residence

Starts from the last sale price (AED 935K, 18 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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