
620, Elite Downtown Residence
Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 620, Elite Downtown Residence
What is 620 worth today?
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Source: Dubai Land Department. Updated 31 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 6th of 23
- Parking
- M-57
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1.19M · January 2025
- Building
- Elite Downtown Residence
About 620, Elite Downtown Residence
620 is a studio of 526 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 31 January 2025 for AED 1,190,000, or AED 2,264 per sqft, 5% below the AED 2,390 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 620 over time
620 has sold twice; 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 620 sits
All 229 studios →620 last sold in January 2025 at AED 2,264 per sqft, 5% below what studios in Elite Downtown Residence were fetching at the time (AED 2,390). 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.
| 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 6th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 824 sqft | AED 1.65MAED 1,650,000 · Feb 2025February 2025 | 85,000 /yr | |
| 602 | 1-bed | 809 sqft | AED 1.76MAED 1,757,700 · Jun 2022June 2022 | 119,678 /yr | |
| 603 | Studio | 497 sqft | AED 1.29MAED 1,285,000 · Mar 2022March 2022 | ||
| 604 | 3-bed | 1,616 sqft | AED 3.49MAED 3,485,240 · Sep 2023September 2023 | 220,000 /yr | |
| 605 | 2-bed | 1,366 sqft | AED 2.34MAED 2,340,000 · Sep 2022September 2022 | 96,000 /yr | |
| 606 | Studio | 536 sqft | AED 968KAED 968,200 · Jun 2022June 2022 | 75,000 /yr | |
| 607 | Studio | 533 sqft | AED 967KAED 967,200 · Jun 2022June 2022 | 84,000 /yr | |
| 608 | Studio | 514 sqft | AED 954KAED 954,100 · Jun 2022June 2022 | 70,189 /yr | |
| 609 | 1-bed | 1,006 sqft | AED 1.15MAED 1,150,000 · Apr 2022April 2022 | ||
| 610 | 1-bed | 990 sqft | AED 1.18MAED 1,179,000 · Feb 2022February 2022 | ||
| 611 | Studio | 521 sqft | AED 820KAED 820,000 · May 2022May 2022 | 60,000 /yr | |
| 612 | Studio | 534 sqft | AED 935KAED 935,000 · Sep 2026September 2026 | 75,000 /yr | |
| 613 | Studio | 542 sqft | AED 860KAED 860,000 · Apr 2022April 2022 | 65,000 /yr | |
| 614 | 2-bed | 1,760 sqft | AED 2.23MAED 2,233,500 · Mar 2022March 2022 | ||
| 615 | Studio | 431 sqft | AED 1.21MAED 1,206,840 · Sep 2023September 2023 | 80,000 /yr | |
| 616 | 2-bed | 1,630 sqft | AED 3.02MAED 3,018,880 · Sep 2023September 2023 | 190,000 /yr | |
| 617 | Studio | 522 sqft | AED 1.15MAED 1,145,000 · Apr 2022April 2022 | ||
| 618 | 1-bed | 810 sqft | AED 2.26MAED 2,259,600 · Jan 2023January 2023 | 120,000 /yr | |
| 619 | 1-bed | 810 sqft | AED 2.39MAED 2,387,400 · Nov 2022November 2022 |
620, Elite Downtown Residence in numbers
- Sold twice: first on 17 November 2022 for AED 1,387,000, last on 31 January 2025 for AED 1,190,000 (AED 2,264 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 31 January 2025.
Questions about 620, Elite Downtown Residence
What did unit 620 last sell for?
AED 1,190,000 on 31 January 2025: AED 2,264 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 1,387,000 in November 2022.
How big is unit 620?
526 sqft (48.9 sqm): a studio on the 6th floor of a 23-storey tower completed in 2022.
What is unit 620 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 620, Elite Downtown Residence
Starts from the last sale price (AED 1.19M, 31 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →