Studio · 526 sqftElite Downtown Residence, Downtown Dubai · 6th floor · completed 2022

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.

Unit 620 · DLD and Ejari recordsUpdated 31 January 2025
Last soldAED 1.19M31 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Elite Downtown Residence

What is 620 worth today?

Last sold for AED 1,190,000 in 2025

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31 Jan 2025SoldReady
AED 1,190,000AED 2,264 per sqft
17 Nov 2022Sold by developerReady
AED 1,387,000AED 2,638 per sqft

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

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

Sales
Unit 620, 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, November 2022: AED 1,387,000 (AED 2,638 per sqft)Sold, January 2025: AED 1,190,000 (AED 2,264 per sqft)

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

Rents
Unit 620, 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 69,632

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 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
607StudioAED 967K · Jun 2022
1–7 of 19

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 →