1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 7th floor · completed 2022

719, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 1.37M12 May 2022
Current rentAED 105K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 719, Elite Downtown Residence

What is 719 worth today?

Last sold for AED 1,370,250 in 2022

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2 Nov 2026RentedRenewal
AED 105,000/yr12 months · AED 130 per sqft
1 Nov 2026RentedRenewal
AED 100,000/yr12 months · AED 124 per sqft
1 Nov 2025RentedRenewal
AED 104,709/yr12 months · AED 130 per sqft
2 Nov 2024RentedRenewal
AED 105,000/yr12 months · AED 130 per sqft
1 Nov 2023RentedNew contract
AED 104,709/yr12 months · AED 130 per sqft
1 Aug 2023RentedRenewal
AED 100,000/yr12 months · AED 124 per sqft
1 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
12 May 2022Sold by developerReady
AED 1,370,250AED 1,692 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
7th of 23
Parking
P1-08
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 1.37M · May 2022

About 719, Elite Downtown Residence

719 is a one-bedroom apartment of 810 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 12 May 2022 for AED 1,370,250, or AED 1,692 per sqft, 8% above the AED 1,560 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 2 November 2026, is AED 105,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 719 over time

Sales
Unit 719, 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, May 2022: AED 1,370,250 (AED 1,692 per sqft)

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

Rents
Unit 719, 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 100,000New contract, August 2022: AED 95,000 a yearRenewal, August 2023: AED 100,000 a yearNew contract, November 2023: AED 104,709 a yearRenewal, November 2024: AED 105,000 a yearRenewal, November 2025: AED 104,709 a yearRenewal, November 2026: AED 105,000 a yearRenewal, November 2026: AED 100,000 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 719 sits

All 136 1-beds →

719 last sold in May 2022 at AED 1,692 per sqft, 8% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,560). 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. 719's AED 105,000 is in the lower 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 7th floor

All 454 units in Elite Downtown Residence
Value
7011-bedAED 2.3M · Aug 2022
7021-bedAED 2.07M · Dec 2025
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
1–7 of 19

719, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 12 May 2022 for AED 1,370,250, or AED 1,692 per sqft.
  • Rented since August 2022 on 7 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 7.7%, 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 2 November 2026.

Questions about 719, Elite Downtown Residence

What did unit 719 last sell for?

AED 1,370,250 on 12 May 2022, sold by the developer: AED 1,692 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 719?

AED 105,000 a year on the contract renewed on 2 November 2026. The previous contract, from November 2026, was AED 100,000; the unit has been rented since August 2022.

How big is unit 719?

810 sqft (75.3 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower completed in 2022.

What is unit 719 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 719, Elite Downtown Residence

Starts from the last sale price (AED 1.37M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,250
Deposit, UAE resident (20%)
AED 274,050
Deposit, non-resident (40%)
AED 548,100
Monthly over 25 years at 3.7%
AED 5,606

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