1-bed · 824 sqftElite Downtown Residence, Downtown Dubai · 13th floor · completed 2022

1301, 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 1301 · DLD and Ejari recordsUpdated 7 April 2022
Last soldAED 1.7M7 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Elite Downtown Residence

What is 1301 worth today?

Last sold for AED 1,698,340 in 2022

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7 Apr 2022Sold by developerReady
AED 1,698,340AED 2,061 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2022.

Key facts

Type
1-bed apartment
Size
824 sqft
Floor
13th of 23
Parking
P2-22
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,400 /yr
Last sold
AED 1.7M · April 2022

About 1301, Elite Downtown Residence

1301 is a one-bedroom apartment of 824 sqft on the 13th 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 1,698,340, or AED 2,061 per sqft, 30% above the AED 1,584 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1301 over time

Sales
Unit 1301, 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 1,698,340 (AED 2,061 per sqft)

1301 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, 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 125,000

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 1301 sits

All 132 1-beds →

1301 last sold in April 2022 at AED 2,061 per sqft, 30% above 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.

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 13th floor

All 454 units in Elite Downtown Residence
Value
13021-bedAED 2.08M · Apr 2022
1303StudioAED 1.35M · Apr 2025
13043-bedAED 4.3M · Mar 2024
13052-bedAED 2.66M · Mar 2023
1306StudioAED 1.18M · Aug 2022
1307StudioAED 1.18M · Jun 2022
1308StudioAED 831K · Jan 2022
1–7 of 19

1301, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 7 April 2022 for AED 1,698,340, or AED 2,061 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 7 April 2022.

Questions about 1301, Elite Downtown Residence

What did unit 1301 last sell for?

AED 1,698,340 on 7 April 2022, sold by the developer: AED 2,061 per sqft for 824 sqft. It is the only registered sale of the unit.

How big is unit 1301?

824 sqft (76.6 sqm): a one-bedroom apartment on the 13th floor of a 23-storey tower completed in 2022.

What is unit 1301 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 1301, Elite Downtown Residence

Starts from the last sale price (AED 1.7M, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,698,340
Deposit, UAE resident (20%)
AED 339,668
Deposit, non-resident (40%)
AED 679,336
Monthly over 25 years at 3.7%
AED 6,948

Plus AED 76,341 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →