711, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in October 2022, 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 711, Elite Downtown Residence
What is 711 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 7th of 23
- Parking
- P1-02
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.17M · October 2022
- Building
- Elite Downtown Residence
About 711, Elite Downtown Residence
711 is a studio of 521 sqft on the 7th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 19 October 2022 for AED 1,170,400, or AED 2,244 per sqft, 17% above the AED 1,921 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 711 over time
711 has sold once; 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 711 sits
All 229 studios →711 last sold in October 2022 at AED 2,244 per sqft, 17% above what studios in Elite Downtown Residence were fetching at the time (AED 1,921). 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 7th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 824 sqft | AED 2.3MAED 2,295,000 · Aug 2022August 2022 | 93,844 /yr | |
| 702 | 1-bed | 809 sqft | AED 2.07MAED 2,065,000 · Dec 2025December 2025 | ||
| 703 | Studio | 497 sqft | AED 1.1MAED 1,100,000 · Jul 2026July 2026 | ||
| 704 | 3-bed | 1,616 sqft | AED 4.19MAED 4,185,000 · Jan 2025January 2025 | 300,000 /yr | |
| 705 | 2-bed | 1,366 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | ||
| 706 | Studio | 536 sqft | AED 827KAED 826,500 · Apr 2022April 2022 | 64,000 /yr | |
| 707 | Studio | 533 sqft | AED 1.13MAED 1,130,000 · Aug 2022August 2022 | 115,000 /yr | |
| 708 | Studio | 514 sqft | AED 828KAED 828,000 · Mar 2022March 2022 | ||
| 709 | 1-bed | 1,006 sqft | AED 1.63MAED 1,625,000 · Jul 2022July 2022 | 130,000 /yr | |
| 710 | 1-bed | 994 sqft | AED 1.25MAED 1,249,000 · Dec 2021December 2021 | 100,000 /yr | |
| 712 | Studio | 534 sqft | AED 789KAED 788,640 · Mar 2022March 2022 | 85,000 /yr | |
| 713 | Studio | 542 sqft | AED 1.17MAED 1,170,000 · Mar 2025March 2025 | ||
| 714 | 2-bed | 1,760 sqft | AED 2.39MAED 2,393,000 · May 2022May 2022 | ||
| 715 | Studio | 431 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | ||
| 716 | 2-bed | 1,630 sqft | AED 3.09MAED 3,090,080 · Sep 2023September 2023 | ||
| 717 | Studio | 522 sqft | AED 835KAED 835,140 · Mar 2022March 2022 | 75,000 /yr | |
| 718 | 1-bed | 810 sqft | AED 1.25MAED 1,250,000 · Jan 2022January 2022 | 90,000 /yr | |
| 719 | 1-bed | 810 sqft | AED 1.37MAED 1,370,250 · May 2022May 2022 | 105,000 /yr | |
| 720 | Studio | 526 sqft | AED 975KAED 975,000 · Jun 2022June 2022 | 72,000 /yr |
711, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 19 October 2022 for AED 1,170,400, or AED 2,244 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 19 October 2022.
Questions about 711, Elite Downtown Residence
What did unit 711 last sell for?
AED 1,170,400 on 19 October 2022, sold by the developer: AED 2,244 per sqft for 521 sqft. It is the only registered sale of the unit.
How big is unit 711?
521 sqft (48.4 sqm): a studio on the 7th floor of a 23-storey tower completed in 2022.
What is unit 711 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.
Selling 711? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 711, Elite Downtown Residence
Starts from the last sale price (AED 1.17M, 19 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,400
- Deposit, UAE resident (20%)
- AED 234,080
- Deposit, non-resident (40%)
- AED 468,160
- Monthly over 25 years at 3.7%
- AED 4,788
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →