1-bed · 806 sqftElite Downtown Residence, Downtown Dubai · 1st floor · completed 2022

102, Elite Downtown Residence

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

Unit 102 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.52M14 February 2022
Current rentAED 115K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Elite Downtown Residence

What is 102 worth today?

Last sold for AED 1,518,000 in 2022

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25 Sep 2025RentedNew contract
AED 115,000/yr12 months · AED 142 per sqft
3 Oct 2024RentedNew contract
AED 124,000/yr12 months · AED 154 per sqft
4 Sep 2023RentedNew contract
AED 125,000/yr12 months · AED 155 per sqft
5 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
14 Feb 2022Sold by developerOff-plan
AED 1,518,000AED 1,883 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
1st of 23
Parking
B-02
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 1.52M · February 2022

About 102, Elite Downtown Residence

102 is a one-bedroom apartment of 806 sqft on the 1st 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 February 2022 for AED 1,518,000, or AED 1,883 per sqft, 21% above the AED 1,554 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 September 2025, is AED 115,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in Elite Downtown Residence
1.5M2M202120232025Typical 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 1,950,000Sold by developer, February 2022: AED 1,518,000 (AED 1,883 per sqft)

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

Rents
Unit 102, each contractTypical one-bed in Elite Downtown Residence
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 125,000New contract, June 2022: AED 95,000 a yearNew contract, September 2023: AED 125,000 a yearNew contract, October 2024: AED 124,000 a yearNew contract, September 2025: AED 115,000 a year

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 102 sits

All 132 1-beds →

102 last sold in February 2022 at AED 1,883 per sqft, 21% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,554). Over the last 12 months one-beds sold for AED 2,065,000 to 2,190,000, around AED 2,635 per sqft, and rent for AED 97,000 to 145,000 a year. 102's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20252,190,000
26 Jun 20251,900,000
19 Jun 20252,250,000
3 Mar 20251,650,000
2 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. 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 1st floor

All 454 units in Elite Downtown Residence
Value
1011-bedAED 1.43M · Jun 2022
103StudioAED 1.1M · May 2022
1043-bedAED 3.44M · Oct 2023
1052-bedAED 2.29M · Jun 2022
106StudioAED 921K · Jul 2022
107StudioAED 956K · Jun 2022
108StudioAED 955K · Jun 2022
1–7 of 19

102, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 14 February 2022 for AED 1,518,000, or AED 1,883 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 95,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 14,100 a year (AED 17.47 per sqft).
  • One-beds in Elite Downtown Residence sold for AED 2,065,000–2,190,000 in the 12 months to November 2026; the building's median across all types is AED 2,309 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Questions about 102, Elite Downtown Residence

What did unit 102 last sell for?

AED 1,518,000 on 14 February 2022, sold by the developer: AED 1,883 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 115,000 a year on the contract signed on 25 September 2025. The previous contract, from October 2024, was AED 124,000; the unit has been rented since June 2022.

How big is unit 102?

806 sqft (74.9 sqm): a one-bedroom apartment on the 1st floor of a 23-storey tower completed in 2022.

What is unit 102 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 2,065,000 to 2,190,000 in the last 12 months, around AED 2,635 per sqft.

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Mortgage on 102, Elite Downtown Residence

Starts from the last sale price (AED 1.52M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,000
Deposit, UAE resident (20%)
AED 303,600
Deposit, non-resident (40%)
AED 607,200
Monthly over 25 years at 3.7%
AED 6,211

Plus AED 68,766 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →