1-bed · 809 sqftElite Downtown Residence, Downtown Dubai · 7th floor · completed 2022

702, Elite Downtown Residence

Sold prices and rental history: sold twice, last in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 2.07M4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Elite Downtown Residence

What is 702 worth today?

Last sold for AED 2,065,000 in 2025

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4 Dec 2025SoldReady
AED 2,065,000AED 2,553 per sqft
23 Jul 2023Sold by developerReady
AED 2,636,000AED 3,259 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
7th of 23
Parking
M-61
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.07M · December 2025

About 702, Elite Downtown Residence

702 is a one-bedroom apartment of 809 sqft on the 7th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . It last sold on 4 December 2025 for AED 2,065,000, or AED 2,553 per sqft, 11% above the AED 2,295 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Elite Downtown Residence
2M202120232025Typical 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, July 2023: AED 2,636,000 (AED 3,259 per sqft)Sold, December 2025: AED 2,065,000 (AED 2,553 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Elite Downtown Residence
100K110K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 100,000

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 702 sits

All 136 1-beds →

702 last sold in December 2025 at AED 2,553 per sqft, 11% above what one-beds in Elite Downtown Residence were fetching at the time (AED 2,295). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
30 Apr 20262,000,000
9 Dec 20252,190,000
10 Sep 20252,050,000
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 7th floor

All 454 units in Elite Downtown Residence
Value
7011-bedAED 2.3M · Aug 2022
703StudioAED 1.1M · Jul 2026
7043-bedAED 4.19M · Jan 2025
7052-bedAED 2.5M · Aug 2022
706StudioAED 827K · Apr 2022
707StudioAED 1.13M · Aug 2022
708StudioAED 828K · Mar 2022
1–7 of 19

702, Elite Downtown Residence in numbers

  • Sold twice: first on 23 July 2023 for AED 2,636,000, last on 4 December 2025 for AED 2,065,000 (AED 2,553 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 4 December 2025.

Questions about 702, Elite Downtown Residence

What did unit 702 last sell for?

AED 2,065,000 on 4 December 2025: AED 2,553 per sqft for 809 sqft. The unit has 2 registered sales; the first was AED 2,636,000 in July 2023.

How big is unit 702?

809 sqft (75.2 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower completed in 2022.

What is unit 702 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 702, Elite Downtown Residence

Starts from the last sale price (AED 2.07M, 4 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,065,000
Deposit, UAE resident (20%)
AED 413,000
Deposit, non-resident (40%)
AED 826,000
Monthly over 25 years at 3.7%
AED 8,449

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