916, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 916, Elite Downtown Residence
What is 916 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 9th of 23
- Parking
- P2-57
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.5M · March 2024
- Building
- Elite Downtown Residence
About 916, Elite Downtown Residence
916 is a two-bedroom apartment of 1,630 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 14 March 2024 for AED 3,500,000, or AED 2,147 per sqft, 21% above the AED 1,773 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 10 November 2025, is AED 165,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 28,500 a year.
Sales and rents for 916 over time
916 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 916 sits
All 69 2-beds →916 last sold in March 2024 at AED 2,147 per sqft, 21% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,773). 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. 916's AED 165,000 is in the lower half of that range.
| 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 9th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 824 sqft | AED 2.17MAED 2,165,000 · May 2022May 2022 | 85,000 /yr | |
| 902 | 1-bed | 809 sqft | AED 2.4MAED 2,404,050 · Jun 2022June 2022 | ||
| 903 | Studio | 497 sqft | AED 1.51MAED 1,506,600 · Jun 2022June 2022 | ||
| 904 | 3-bed | 1,616 sqft | AED 4.76MAED 4,755,750 · Dec 2022December 2022 | 150,000 /yr | |
| 905 | 2-bed | 1,366 sqft | AED 2.62MAED 2,620,000 · Jan 2023January 2023 | ||
| 906 | Studio | 536 sqft | AED 949KAED 948,600 · Jun 2022June 2022 | 75,000 /yr | |
| 907 | Studio | 533 sqft | AED 1.18MAED 1,180,000 · Mar 2026March 2026 | 58,000 /yr | |
| 908 | Studio | 514 sqft | AED 822KAED 822,150 · Apr 2022April 2022 | 67,000 /yr | |
| 909 | 1-bed | 1,006 sqft | AED 1.19MAED 1,190,000 · Aug 2022August 2022 | 90,000 /yr | |
| 910 | 1-bed | 1,007 sqft | AED 1.83MAED 1,830,400 · Sep 2022September 2022 | ||
| 911 | Studio | 521 sqft | AED 935KAED 934,650 · Jun 2022June 2022 | 60,000 /yr | |
| 912 | Studio | 534 sqft | AED 960KAED 960,000 · Mar 2022March 2022 | 65,000 /yr | |
| 913 | Studio | 542 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 72,000 /yr | |
| 914 | 2-bed | 1,760 sqft | AED 2.46MAED 2,456,400 · Sep 2023September 2023 | ||
| 915 | Studio | 431 sqft | AED 1.31MAED 1,313,640 · Sep 2023September 2023 | 50,000 /yr | |
| 917 | Studio | 522 sqft | AED 1.1MAED 1,100,000 · May 2022May 2022 | 60,000 /yr | |
| 918 | 1-bed | 810 sqft | AED 2MAED 2,002,000 · Sep 2023September 2023 | ||
| 919 | 1-bed | 810 sqft | AED 1.45MAED 1,445,000 · Apr 2022April 2022 | ||
| 920 | Studio | 526 sqft | AED 999KAED 999,000 · Jun 2026June 2026 | 85,000 /yr |
916, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 14 March 2024 for AED 3,500,000, or AED 2,147 per sqft.
- Rented since November 2024 on 2 Ejari contracts, from AED 175,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 28,500 a year (AED 17.47 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 10 November 2025.
Questions about 916, Elite Downtown Residence
What did unit 916 last sell for?
AED 3,500,000 on 14 March 2024, sold by the developer: AED 2,147 per sqft for 1,630 sqft. It is the only registered sale of the unit.
What is the rent for unit 916?
AED 165,000 a year on the contract signed on 10 November 2025. The previous contract, from November 2024, was AED 175,000.
How big is unit 916?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 9th floor of a 23-storey tower completed in 2022.
What is unit 916 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.
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Mortgage on 916, Elite Downtown Residence
Starts from the last sale price (AED 3.5M, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →