521 sqftElite Downtown Residence, Downtown Dubai · 10th floor · completed 2022

1011, Elite Downtown Residence

Sold prices and rental history: sold twice, last in November 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 13 November 2025
Last soldAED 1.02M13 November 2025
Current rentAED 80K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Elite Downtown Residence

What is 1011 worth today?

Last sold for AED 1,020,000 in 2025

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13 Nov 2025SoldReady
AED 1,020,000AED 1,956 per sqft
25 Jun 2024RentedRenewal
AED 80,000/yr12 months · AED 155 per sqft
25 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
28 Apr 2022Sold by developerReady
AED 1,000,000AED 1,917 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2025.

Key facts

Type
Apartment
Size
521 sqft
Floor
10th of 23
Parking
P1-60
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,100 /yr
Last sold
AED 1.02M · November 2025

About 1011, Elite Downtown Residence

1011 is an apartment of 521 sqft on the 10th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. It last sold on 13 November 2025 for AED 1,020,000, or AED 1,956 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 80,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 9,100 a year.

Elite Downtown Residence

Building

454 apartments, studios to 3-bed over 23 floors in Downtown Dubai, completed in 2022 by Triplanet Elite Developements. 9 sold in the last 12 months.

Typical price per sqft
AED 2,309
Typical sale
AED 1.2M
Typical rent
AED 105K /yr
Typical yield
6.3%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 454 units in Elite Downtown Residence
Value
10011-bedAED 1.41M · Apr 2022
10021-bedAED 2.49M · Sep 2023
1003StudioAED 1.64M · May 2022
10052-bedAED 2.41M · Apr 2022
1006StudioAED 987K · Jun 2022
1007StudioAED 1.11M · Sep 2022
1008StudioAED 973K · Jun 2022
1–7 of 18

1011, Elite Downtown Residence in numbers

  • Sold twice: first on 28 April 2022 for AED 1,000,000, last on 13 November 2025 for AED 1,020,000 (AED 1,956 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 9,100 a year (AED 17.47 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2025.

Questions about 1011, Elite Downtown Residence

What did unit 1011 last sell for?

AED 1,020,000 on 13 November 2025: AED 1,956 per sqft for 521 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in April 2022.

What is the rent for unit 1011?

AED 80,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2022, was AED 65,000.

How big is unit 1011?

521 sqft (48.4 sqm): an apartment on the 10th floor of a 23-storey tower completed in 2022.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1011, Elite Downtown Residence

Starts from the last sale price (AED 1.02M, 13 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →