816, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in June 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 816, Elite Downtown Residence
What is 816 worth today?
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Source: Dubai Land Department. Updated 17 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 8th of 23
- Parking
- P2-49
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.23M · June 2022
- Building
- Elite Downtown Residence
About 816, Elite Downtown Residence
816 is a two-bedroom apartment of 1,630 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 17 June 2022 for AED 3,225,000, or AED 1,978 per sqft, 24% above the AED 1,590 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 816 over time
816 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Downtown Residence, and where 816 sits
All 69 2-beds →816 last sold in June 2022 at AED 1,978 per sqft, 24% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,590). Over the last 12 months two-beds sold for AED 1,250,000 to 3,347,904, around AED 1,876 per sqft, and rent for AED 130,000 to 230,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202625 August 2026 | 1,366 sqft | 2,550,000 | 1,866 | ||
| 8 May 20268 May 2026 | 1,760 sqft | 3,347,904 | 1,902 | ||
| 31 Mar 202631 March 2026 | 1,366 sqft | 2,575,000 | 1,885 | ||
| 11 Dec 202511 December 2025 | 683 sqft | 1,250,000 | 1,830 |
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 8th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 824 sqft | AED 2.55MAED 2,550,000 · Jul 2022July 2022 | 105,000 /yr | |
| 802 | 1-bed | 809 sqft | AED 2.81MAED 2,808,000 · Jul 2022July 2022 | ||
| 803 | Studio | 497 sqft | AED 1.38MAED 1,382,400 · May 2022May 2022 | ||
| 804 | 3-bed | 1,616 sqft | AED 3.68MAED 3,684,600 · Sep 2023September 2023 | ||
| 805 | 2-bed | 1,366 sqft | AED 2.58MAED 2,575,000 · Mar 2026March 2026 | 180,000 /yr | |
| 806 | Studio | 536 sqft | AED 856KAED 856,000 · Mar 2022March 2022 | ||
| 807 | Studio | 533 sqft | AED 760KAED 760,000 · Nov 2021November 2021 | 70,000 /yr | |
| 808 | Studio | 514 sqft | AED 748KAED 747,900 · Mar 2022March 2022 | 63,828 /yr | |
| 809 | 1-bed | 994 sqft | AED 1.19MAED 1,186,200 · Mar 2022March 2022 | ||
| 810 | 1-bed | 994 sqft | AED 1.19MAED 1,186,200 · Mar 2022March 2022 | 95,000 /yr | |
| 811 | Studio | 521 sqft | AED 785KAED 785,000 · May 2022May 2022 | ||
| 812 | Studio | 534 sqft | AED 766KAED 765,900 · Feb 2022February 2022 | 69,457 /yr | |
| 813 | Studio | 542 sqft | AED 1.04MAED 1,041,600 · Jun 2022June 2022 | ||
| 814 | 2-bed | 1,760 sqft | AED 2.4MAED 2,400,000 · Jan 2025January 2025 | ||
| 815 | Studio | 431 sqft | AED 1.28MAED 1,278,040 · Sep 2023September 2023 | 50,000 /yr | |
| 817 | Studio | 522 sqft | AED 1MAED 1,000,000 · Dec 2025December 2025 | ||
| 818 | 1-bed | 810 sqft | AED 2.18MAED 2,175,000 · Jul 2022July 2022 | 80,000 /yr | |
| 819 | 1-bed | 810 sqft | AED 1.1MAED 1,096,200 · Feb 2022February 2022 | 105,000 /yr | |
| 820 | Studio | 526 sqft | AED 1.31MAED 1,310,400 · May 2023May 2023 | 70,000 /yr |
816, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 17 June 2022 for AED 3,225,000, or AED 1,978 per sqft.
- Two-beds in Elite Downtown Residence sold for AED 1,250,000–3,347,904 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 17 June 2022.
Questions about 816, Elite Downtown Residence
What did unit 816 last sell for?
AED 3,225,000 on 17 June 2022, sold by the developer: AED 1,978 per sqft for 1,630 sqft. It is the only registered sale of the unit.
How big is unit 816?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 8th floor of a 23-storey tower completed in 2022.
What is unit 816 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Downtown Residence sold for AED 1,250,000 to 3,347,904 in the last 12 months, around AED 1,876 per sqft.
Selling 816? Put it on the OpenOffers board
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Mortgage on 816, Elite Downtown Residence
Starts from the last sale price (AED 3.23M, 17 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,225,000
- Deposit, UAE resident (20%)
- AED 645,000
- Deposit, non-resident (40%)
- AED 1,290,000
- Monthly over 25 years at 3.7%
- AED 13,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →