Studio · 521 sqftElite Downtown Residence, Downtown Dubai · 8th floor · completed 2022

811, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 785K9 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Elite Downtown Residence

What is 811 worth today?

Last sold for AED 785,000 in 2022

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9 May 2022Sold by developerReady
AED 785,000AED 1,505 per sqft

Source: Dubai Land Department. Updated 9 May 2022.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
8th of 23
Parking
P1-18
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,100 /yr
Last sold
AED 785K · May 2022

About 811, Elite Downtown Residence

811 is a studio of 521 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 9 May 2022 for AED 785,000, or AED 1,505 per sqft, 13% below the AED 1,720 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 811 over time

Sales
Unit 811, each saleTypical studio in Elite Downtown Residence
750K1M1.25M2021202320252027Typical 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, May 2022: AED 785,000 (AED 1,505 per sqft)

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

Rents
Unit 811, 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 811 sits

All 229 studios →

811 last sold in May 2022 at AED 1,505 per sqft, 13% below what studios in Elite Downtown Residence were fetching at the time (AED 1,720). 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 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
807StudioAED 760K · Nov 2021
1–7 of 19

811, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 9 May 2022 for AED 785,000, or AED 1,505 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 9 May 2022.

Questions about 811, Elite Downtown Residence

What did unit 811 last sell for?

AED 785,000 on 9 May 2022, sold by the developer: AED 1,505 per sqft for 521 sqft. It is the only registered sale of the unit.

How big is unit 811?

521 sqft (48.4 sqm): a studio on the 8th floor of a 23-storey tower completed in 2022.

What is unit 811 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 811, Elite Downtown Residence

Starts from the last sale price (AED 785K, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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