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1-bed · 1,007 sqftElite Downtown Residence, Downtown Dubai · 12th floor · completed 2022

1210, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.28M7 April 2022
Current rentAED 58K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Elite Downtown Residence

What is 1210 worth today?

Last sold for AED 1,284,120 in 2022

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1 Mar 2024RentedNew contract
AED 57,500/yr12 months · AED 57 per sqft
1 Mar 2023RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft
7 Apr 2022Sold by developerReady
AED 1,284,120AED 1,275 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
1,007 sqft
Floor
12th of 23
Parking
P2-13
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 17,600 /yr
Last sold
AED 1.28M · April 2022
Building
Elite Downtown Residence

About 1210, Elite Downtown Residence

1210 is a one-bedroom apartment of 1,007 sqft on the 12th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 7 April 2022 for AED 1,284,120, or AED 1,275 per sqft, 20% below the AED 1,584 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 March 2024, is AED 57,500 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 17,600 a year.

Sales and rents for 1210 over time

Sales
Unit 1210, 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, April 2022: AED 1,284,120 (AED 1,275 per sqft)

1210 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1210, each contractTypical one-bed in Elite Downtown Residence
50K100K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 125,000New contract, March 2023: AED 115,000 a yearNew contract, March 2024: AED 57,500 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 1210 sits

All 132 1-beds →

1210 last sold in April 2022 at AED 1,275 per sqft, 20% below what one-beds in Elite Downtown Residence were fetching at the time (AED 1,584). 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. 1210's AED 57,500 is at the bottom 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 12th floor

All 454 units in Elite Downtown Residence
Value
12011-bedAED 1.44M · Feb 2022
12021-bedAED 2.55M · Apr 2022
1203StudioAED 983K · Sep 2021
12043-bedAED 3.9M · Sep 2023
12052-bedAED 2.61M · May 2022
1206StudioAED 1.33M · Oct 2022
1207StudioAED 935K · Jul 2022
1–7 of 19

1210, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 7 April 2022 for AED 1,284,120, or AED 1,275 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 115,000 to AED 57,500 a year.
  • At AED 57,500 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 17,600 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 1 March 2024.

Questions about 1210, Elite Downtown Residence

What did unit 1210 last sell for?

AED 1,284,120 on 7 April 2022, sold by the developer: AED 1,275 per sqft for 1,007 sqft. It is the only registered sale of the unit.

What is the rent for unit 1210?

AED 57,500 a year on the contract signed on 1 March 2024. The previous contract, from March 2023, was AED 115,000.

How big is unit 1210?

1,007 sqft (93.6 sqm): a one-bedroom apartment on the 12th floor of a 23-storey tower completed in 2022.

What is unit 1210 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 1210, Elite Downtown Residence

Starts from the last sale price (AED 1.28M, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,284,120
Deposit, UAE resident (20%)
AED 256,824
Deposit, non-resident (40%)
AED 513,648
Monthly over 25 years at 3.7%
AED 5,254

Plus AED 58,943 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →