115, Elite Downtown Residence
Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Elite Downtown Residence
What is 115 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 1st of 23
- Parking
- B-12
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 7,600 /yr
- Last sold
- AED 1.1M · February 2025
- Building
- Elite Downtown Residence
About 115, Elite Downtown Residence
115 is a studio of 433 sqft on the 1st floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. It last sold on 25 February 2025 for AED 1,100,000, or AED 2,538 per sqft, 6% above the AED 2,391 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 115 over time
115 has sold twice; the dashed line is the studio median of each year in the building.
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 115 sits
All 213 studios →115 last sold in February 2025 at AED 2,538 per sqft, 6% above what studios in Elite Downtown Residence were fetching at the time (AED 2,391). Over the last 12 months studios sold for AED 1,000,000 to 1,250,000, around AED 2,133 per sqft, and rent for AED 72,000 to 110,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 514 sqft | 1,200,000 | 2,333 | ||
| 21 Jan 202621 January 2026 | 522 sqft | 1,000,000 | 1,914 | ||
| 16 Jan 202616 January 2026 | 514 sqft | 1,188,000 | 2,309 | ||
| 17 Dec 202517 December 2025 | 522 sqft | 1,000,000 | 1,914 |
Elite Downtown Residence
Building454 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%
Other units on the 1st floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 821 sqft | AED 1.43MAED 1,425,000 · Jun 2022June 2022 | 112,000 /yr | |
| 102 | 1-bed | 806 sqft | AED 1.52MAED 1,518,000 · Feb 2022February 2022 | 115,000 /yr | |
| 103 | Studio | 495 sqft | AED 1.1MAED 1,100,000 · May 2022May 2022 | 90,000 /yr | |
| 104 | 3-bed | 1,616 sqft | AED 3.44MAED 3,436,000 · Oct 2023October 2023 | ||
| 105 | 2-bed | 1,363 sqft | AED 2.29MAED 2,290,000 · Jun 2022June 2022 | ||
| 106 | Studio | 536 sqft | AED 921KAED 920,700 · Jul 2022July 2022 | ||
| 107 | Studio | 531 sqft | AED 956KAED 955,500 · Jun 2022June 2022 | ||
| 108 | Studio | 516 sqft | AED 955KAED 955,000 · Jun 2022June 2022 | ||
| 109 | 1-bed | 1,002 sqft | AED 1.31MAED 1,311,000 · Apr 2022April 2022 | 109,695 /yr | |
| 110 | 1-bed | 1,003 sqft | AED 1.62MAED 1,615,250 · Jun 2022June 2022 | ||
| 111 | Studio | 524 sqft | AED 950KAED 950,000 · May 2022May 2022 | ||
| 112 | Studio | 531 sqft | AED 960KAED 960,000 · May 2022May 2022 | 85,000 /yr | |
| 113 | Studio | 541 sqft | AED 882KAED 882,000 · Aug 2022August 2022 | 68,000 /yr | |
| 114 | 2-bed | 1,760 sqft | AED 1.94MAED 1,943,700 · Jan 2022January 2022 | ||
| 116 | 2-bed | 1,628 sqft | AED 3MAED 3,000,000 · Dec 2022December 2022 | ||
| 117 | Studio | 524 sqft | AED 1.03MAED 1,025,000 · May 2022May 2022 | 75,000 /yr | |
| 118 | 1-bed | 807 sqft | AED 1.74MAED 1,738,000 · Oct 2022October 2022 | ||
| 119 | 1-bed | 404 sqft | AED 1.2MAED 1,200,000 · May 2022May 2022 | 110,000 /yr | |
| 120 | Studio | 526 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 79,786 /yr |
115, Elite Downtown Residence in numbers
- Sold twice: first on 9 June 2022 for AED 1,018,350, last on 25 February 2025 for AED 1,100,000 (AED 2,538 per sqft).
- Studios in Elite Downtown Residence sold for AED 1,000,000–1,250,000 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 25 February 2025.
Questions about 115, Elite Downtown Residence
What did unit 115 last sell for?
AED 1,100,000 on 25 February 2025: AED 2,538 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 1,018,350 in June 2022.
How big is unit 115?
433 sqft (40.2 sqm): a studio on the 1st floor of a 23-storey tower completed in 2022.
What is unit 115 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 1,000,000 to 1,250,000 in the last 12 months, around AED 2,133 per sqft.
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Mortgage on 115, Elite Downtown Residence
Starts from the last sale price (AED 1.1M, 25 February 2025). 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 AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →