2-bed · 1,760 sqftElite Downtown Residence, Downtown Dubai · 11th floor · completed 2022

1114, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1114 · DLD and Ejari recordsUpdated 26 April 2022

Last soldAED 2.32M26 April 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1114, Elite Downtown Residence

Today

What is 1114 worth today?

Last sold for AED 2,322,000 in 2022

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26 Apr 2022

26 Apr 2022Sold by developerReady

AED 2,322,000AED 1,319 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2022.

Key facts

Type: 2-bed apartment
Size: 1,760 sqft
Floor: 11th of 23
Parking: P3-57
Developer: Triplanet Elite Developements
Completed: 2022
Service charge: AED 30,700 /yr
Last sold: AED 2.32M · April 2022
Building: Elite Downtown Residence

About 1114, Elite Downtown Residence

1114 is a two-bedroom apartment of 1,760 sqft on the 11th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 26 April 2022 for AED 2,322,000, or AED 1,319 per sqft, 13% below the AED 1,521 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1114 over time

Sales

Unit 1114, each saleTypical two-bed in Elite Downtown Residence

1114 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1114, each contractTypical two-bed in Elite Downtown Residence

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 1114 sits

All 68 2-beds →

2-beds in Elite Downtown Residence · last 12 months1,830 /sqft Elite Downtown Residence · all types2,309 /sqft

1114 last sold in April 2022 at AED 1,319 per sqft, 13% below what two-beds in Elite Downtown Residence were fetching at the time (AED 1,521). Over the last 12 months two-beds sold for AED 1,250,000, around AED 1,830 per sqft, and rent for AED 155,000 to 220,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
11 Dec 202511 December 2025	683 sqft	1,250,000	1,830
14 Feb 202514 February 2025	1,760 sqft	2,924,000	1,661
30 Jan 202530 January 2025	1,760 sqft	2,400,000	1,363
11 Nov 202411 November 2024	1,760 sqft	2,900,000	1,647

1 2-bed sale 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 11th floor

All 454 units in Elite Downtown Residence


1101	1-bed	824 sqft	AED 1.49MAED 1,491,750 · Apr 2018April 2018	120,000 /yr
1102	1-bed	809 sqft	AED 2.05MAED 2,050,000 · Apr 2022April 2022	90,000 /yr
1103	Studio	497 sqft	AED 1.64MAED 1,636,000 · May 2022May 2022
1105		1,366 sqft	AED 2.51MAED 2,510,000 · Oct 2025October 2025	165,000 /yr
1106	Studio	536 sqft	AED 1.05MAED 1,050,000 · May 2025May 2025
1107	Studio	533 sqft	AED 1.1MAED 1,100,000 · Jun 2022June 2022	95,760 /yr
1108	Studio	514 sqft	AED 1.2MAED 1,200,000 · Jan 2026January 2026	140,000 /yr
1109	1-bed	994 sqft	AED 1.29MAED 1,291,634 · Mar 2022March 2022	100,000 /yr
1110	1-bed	1,007 sqft	AED 1.65MAED 1,650,000 · Mar 2025March 2025
1111	Studio	521 sqft	AED 915KAED 915,400 · Apr 2022April 2022	70,000 /yr
1112	Studio	534 sqft	AED 929KAED 929,200 · Apr 2022April 2022	70,000 /yr
1113	Studio	542 sqft	AED 930KAED 930,000 · Jun 2022June 2022	68,250 /yr
1115		431 sqft	AED 1.18MAED 1,175,000 · Aug 2025August 2025
1116	2-bed	1,630 sqft	AED 3.5MAED 3,500,000 · Aug 2024August 2024
1117	Studio	522 sqft	AED 1.07MAED 1,070,000 · Apr 2022April 2022
1118	1-bed	810 sqft	AED 1.51MAED 1,505,000 · Apr 2022April 2022	97,000 /yr
1119	1-bed	810 sqft	AED 1.38MAED 1,376,400 · Apr 2022April 2022
1120	Studio	526 sqft	AED 1.25MAED 1,250,000 · Jun 2022June 2022	84,000 /yr

1–7 of 18

1114, Elite Downtown Residence in numbers

Sold once: by Triplanet Elite Developements on 26 April 2022 for AED 2,322,000, or AED 1,319 per sqft.
Two-beds in Elite Downtown Residence sold for AED 1,250,000–1,250,000 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 26 April 2022.

Questions about 1114, Elite Downtown Residence

What did unit 1114 last sell for?

AED 2,322,000 on 26 April 2022, sold by the developer: AED 1,319 per sqft for 1,760 sqft. It is the only registered sale of the unit.

How big is unit 1114?

1,760 sqft (163.5 sqm): a two-bedroom apartment on the 11th floor of a 23-storey tower completed in 2022.

What is unit 1114 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 1,250,000 in the last 12 months, around AED 1,830 per sqft.

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Mortgage on 1114, Elite Downtown Residence

Starts from the last sale price (AED 2.32M, 26 April 2022). Switch to today's estimate once you have unlocked it.

Price: AED 2,322,000
Deposit, UAE resident (20%): AED 464,400
Deposit, non-resident (40%): AED 928,800
Monthly over 25 years at 3.7%: AED 9,500

Plus AED 102,534 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →