1-bed · 809 sqftElite Downtown Residence, Downtown Dubai · 9th floor · completed 2022

902, 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.

Unit 902 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 2.4M8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Elite Downtown Residence

What is 902 worth today?

Last sold for AED 2,404,050 in 2022

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8 Jun 2022Sold by developerReady
AED 2,404,050AED 2,973 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
9th of 23
Parking
P1-29
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.4M · June 2022

About 902, Elite Downtown Residence

902 is a one-bedroom apartment of 809 sqft on the 9th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 8 June 2022 for AED 2,404,050, or AED 2,973 per sqft, 81% above the AED 1,645 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical one-bed in Elite Downtown Residence
2M202120232025Typical 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, June 2022: AED 2,404,050 (AED 2,973 per sqft)

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

Rents
Unit 902, 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 100,000

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 902 sits

All 136 1-beds →

902 last sold in June 2022 at AED 2,973 per sqft, 81% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,645). 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.

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 9th floor

All 454 units in Elite Downtown Residence
Value
9011-bedAED 2.17M · May 2022
903StudioAED 1.51M · Jun 2022
9043-bedAED 4.76M · Dec 2022
9052-bedAED 2.62M · Jan 2023
906StudioAED 949K · Jun 2022
907StudioAED 1.18M · Mar 2026
908StudioAED 822K · Apr 2022
1–7 of 19

902, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 8 June 2022 for AED 2,404,050, or AED 2,973 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 8 June 2022.

Questions about 902, Elite Downtown Residence

What did unit 902 last sell for?

AED 2,404,050 on 8 June 2022, sold by the developer: AED 2,973 per sqft for 809 sqft. It is the only registered sale of the unit.

How big is unit 902?

809 sqft (75.2 sqm): a one-bedroom apartment on the 9th floor of a 23-storey tower completed in 2022.

What is unit 902 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 902, Elite Downtown Residence

Starts from the last sale price (AED 2.4M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,404,050
Deposit, UAE resident (20%)
AED 480,810
Deposit, non-resident (40%)
AED 961,620
Monthly over 25 years at 3.7%
AED 9,836

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