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1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 6th floor · completed 2022

618, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 2.26M27 January 2023
Current rentAED 120K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, Elite Downtown Residence

What is 618 worth today?

Last sold for AED 2,259,600 in 2023

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12 Oct 2026RentedNew contract
AED 120,000/yr12 months · AED 149 per sqft
27 Jan 2023Sold by developerReady
AED 2,259,600AED 2,791 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
6th of 23
Parking
M-55
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.26M · January 2023
Building
Elite Downtown Residence

About 618, Elite Downtown Residence

618 is a one-bedroom apartment of 810 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 27 January 2023 for AED 2,259,600, or AED 2,791 per sqft, 56% above the AED 1,784 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2026. The current contract, signed on 12 October 2026, is AED 120,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 14,100 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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 2023: AED 2,259,600 (AED 2,791 per sqft)

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

Rents
Unit 618, each contractTypical one-bed in Elite Downtown Residence
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000New contract, October 2026: AED 120,000 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 618 sits

All 136 1-beds →

618 last sold in January 2023 at AED 2,791 per sqft, 56% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,784). 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. 618's AED 120,000 is in the upper 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 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

618, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 27 January 2023 for AED 2,259,600, or AED 2,791 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 14,100 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 12 October 2026.

Questions about 618, Elite Downtown Residence

What did unit 618 last sell for?

AED 2,259,600 on 27 January 2023, sold by the developer: AED 2,791 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 120,000 a year on the contract signed on 12 October 2026.

How big is unit 618?

810 sqft (75.3 sqm): a one-bedroom apartment on the 6th floor of a 23-storey tower completed in 2022.

What is unit 618 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 618, Elite Downtown Residence

Starts from the last sale price (AED 2.26M, 27 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,259,600
Deposit, UAE resident (20%)
AED 451,920
Deposit, non-resident (40%)
AED 903,840
Monthly over 25 years at 3.7%
AED 9,245

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