Studio · 522 sqftElite Downtown Residence, Downtown Dubai · 9th floor · completed 2022

917, Elite Downtown Residence

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

Unit 917 · DLD and Ejari recordsUpdated 4 July 2026
Last soldAED 1.1M18 May 2022
Current rentAED 60K /yr4 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 917, Elite Downtown Residence

What is 917 worth today?

Last sold for AED 1,100,000 in 2022

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4 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
29 Sep 2025RentedNew contract
AED 73,000/yr12 months · AED 138 per sqft
27 Oct 2024RentedRenewal
AED 78,000/yr12 months · AED 151 per sqft
27 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 142 per sqft
30 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
18 May 2022Sold by developerReady
AED 1,100,000AED 2,106 per sqft

Source: Dubai Land Department. Updated 4 July 2026.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
9th of 23
Parking
P1-42
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,100 /yr
Last sold
AED 1.1M · May 2022

About 917, Elite Downtown Residence

917 is a studio of 522 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 18 May 2022 for AED 1,100,000, or AED 2,106 per sqft, 19% above the AED 1,771 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 4 July 2026, is AED 60,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 9,100 a year.

Sales and rents for 917 over time

Sales
Unit 917, each saleTypical studio in Elite Downtown Residence
1M1.25M2021202320252027Typical 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 1,100,000 (AED 2,106 per sqft)

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

Rents
Unit 917, each contractTypical studio in Elite Downtown Residence
60K70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 69,632New contract, September 2022: AED 60,000 a yearNew contract, October 2023: AED 75,000 a yearRenewal, October 2024: AED 78,000 a yearNew contract, September 2025: AED 73,000 a yearNew contract, July 2026: AED 60,000 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 917 sits

All 229 studios →

917 last sold in May 2022 at AED 2,106 per sqft, 19% above what studios in Elite Downtown Residence were fetching at the time (AED 1,771). 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. 917's AED 60,000 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 9th floor

All 454 units in Elite Downtown Residence
Value
9011-bedAED 2.17M · May 2022
9021-bedAED 2.4M · Jun 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
1–7 of 19

917, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 18 May 2022 for AED 1,100,000, or AED 2,106 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 9,100 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 4 July 2026.

Questions about 917, Elite Downtown Residence

What did unit 917 last sell for?

AED 1,100,000 on 18 May 2022, sold by the developer: AED 2,106 per sqft for 522 sqft. It is the only registered sale of the unit.

What is the rent for unit 917?

AED 60,000 a year on the contract signed on 4 July 2026. The previous contract, from September 2025, was AED 73,000; the unit has been rented since September 2022.

How big is unit 917?

522 sqft (48.5 sqm): a studio on the 9th floor of a 23-storey tower completed in 2022.

What is unit 917 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 917, Elite Downtown Residence

Starts from the last sale price (AED 1.1M, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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