Studio · 533 sqftElite Downtown Residence, Downtown Dubai · 8th floor · completed 2022

807, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 760K10 November 2021
Current rentAED 70K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Elite Downtown Residence

What is 807 worth today?

Last sold for AED 760,000 in 2021

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12 Sep 2025RentedRenewal
AED 70,000/yr12 months · AED 131 per sqft
12 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 131 per sqft
25 Jun 2024RentedRenewal
AED 63,000/yr12 months · AED 118 per sqft
25 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 113 per sqft
20 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 103 per sqft
10 Nov 2021Sold by developerOff-plan
AED 760,000AED 1,425 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
Studio apartment
Size
533 sqft
Floor
8th of 23
Parking
P1-14
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,300 /yr
Last sold
AED 760K · November 2021

About 807, Elite Downtown Residence

807 is a studio of 533 sqft on the 8th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 10 November 2021 for AED 760,000, or AED 1,425 per sqft, 28% below the AED 1,976 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 12 September 2025, is AED 70,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 9,300 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical studio in Elite Downtown Residence
1M2021202320252027Typical 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 2021: AED 760,000 (AED 1,425 per sqft)

807 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 807, each contractTypical studio in Elite Downtown Residence
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, April 2022: AED 55,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 63,000 a yearNew contract, September 2024: AED 70,000 a yearRenewal, September 2025: AED 70,000 a year

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 807 sits

All 229 studios →

807 last sold in November 2021 at AED 1,425 per sqft, 28% below what studios in Elite Downtown Residence were fetching at the time (AED 1,976). 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. 807's AED 70,000 is in the lower half of that range.

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 8th floor

All 454 units in Elite Downtown Residence
Value
8011-bedAED 2.55M · Jul 2022
8021-bedAED 2.81M · Jul 2022
803StudioAED 1.38M · May 2022
8043-bedAED 3.68M · Sep 2023
8052-bedAED 2.58M · Mar 2026
806StudioAED 856K · Mar 2022
808StudioAED 748K · Mar 2022
1–7 of 19

807, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 10 November 2021 for AED 760,000, or AED 1,425 per sqft.
  • Rented since April 2022 on 5 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 9,300 a year (AED 17.47 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 12 September 2025.

Questions about 807, Elite Downtown Residence

What did unit 807 last sell for?

AED 760,000 on 10 November 2021, sold by the developer: AED 1,425 per sqft for 533 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 70,000 a year on the contract renewed on 12 September 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since April 2022.

How big is unit 807?

533 sqft (49.5 sqm): a studio on the 8th floor of a 23-storey tower completed in 2022.

What is unit 807 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 807, Elite Downtown Residence

Starts from the last sale price (AED 760K, 10 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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