2-bed · 1,366 sqftElite Downtown Residence, Downtown Dubai · 13th floor · completed 2022

1305, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 2.66M21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Elite Downtown Residence

What is 1305 worth today?

Last sold for AED 2,656,000 in 2023

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21 Mar 2023Sold by developerReady
AED 2,656,000AED 1,944 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
1,366 sqft
Floor
13th of 23
Parking
M-41
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 23,900 /yr
Last sold
AED 2.66M · March 2023

About 1305, Elite Downtown Residence

1305 is a two-bedroom apartment of 1,366 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 21 March 2023 for AED 2,656,000, or AED 1,944 per sqft, 4% above the AED 1,863 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in Elite Downtown Residence
2.5M3M3.5M202120232025Typical sale price by year: 2021 AED 2,428,000; 2022 AED 2,523,000; 2023 AED 2,931,660; 2024 AED 3,500,000; 2025 AED 2,400,000Sold by developer, March 2023: AED 2,656,000 (AED 1,944 per sqft)

1305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Elite Downtown Residence
175K200K202220242026Typical rent by year: 2022 AED 160,000; 2023 AED 170,000; 2024 AED 175,000; 2025 AED 176,160; 2026 AED 213,000

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 1305 sits

All 68 2-beds →

1305 last sold in March 2023 at AED 1,944 per sqft, 4% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,863). 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 salesUnit no.Price (AED)Summary
11 Dec 20251,250,000
14 Feb 20252,924,000
30 Jan 20252,400,000
11 Nov 20242,900,000
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 13th floor

All 454 units in Elite Downtown Residence
Value
13011-bedAED 1.7M · Apr 2022
13021-bedAED 2.08M · Apr 2022
1303StudioAED 1.35M · Apr 2025
13043-bedAED 4.3M · Mar 2024
1306StudioAED 1.18M · Aug 2022
1307StudioAED 1.18M · Jun 2022
1308StudioAED 831K · Jan 2022
1–7 of 19

1305, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 21 March 2023 for AED 2,656,000, or AED 1,944 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 21 March 2023.

Questions about 1305, Elite Downtown Residence

What did unit 1305 last sell for?

AED 2,656,000 on 21 March 2023, sold by the developer: AED 1,944 per sqft for 1,366 sqft. It is the only registered sale of the unit.

How big is unit 1305?

1,366 sqft (126.9 sqm): a two-bedroom apartment on the 13th floor of a 23-storey tower completed in 2022.

What is unit 1305 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 1305, Elite Downtown Residence

Starts from the last sale price (AED 2.66M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,656,000
Deposit, UAE resident (20%)
AED 531,200
Deposit, non-resident (40%)
AED 1,062,400
Monthly over 25 years at 3.7%
AED 10,867

Plus AED 116,562 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →