1402, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in August 2022, 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 1402, Elite Downtown Residence
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 809 sqft
- Floor
- 14th of 23
- Parking
- P2-44
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,100 /yr
- Last sold
- AED 3.32M · August 2022
- Building
- Elite Downtown Residence
About 1402, Elite Downtown Residence
1402 is a one-bedroom apartment of 809 sqft on the 14th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 10 August 2022 for AED 3,322,200, or AED 4,108 per sqft, 142% above the AED 1,698 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1402 over time
1402 has sold once; the dashed line is the one-bed median of each year in the building.
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 1402 sits
All 132 1-beds →1402 last sold in August 2022 at AED 4,108 per sqft, 142% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,698). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Dec 20259 December 2025 | 806 sqft | 2,190,000 | 2,717 | ||
| 26 Jun 202526 June 2025 | 810 sqft | 1,900,000 | 2,346 | ||
| 19 Jun 202519 June 2025 | 809 sqft | 2,250,000 | 2,782 | ||
| 3 Mar 20253 March 2025 | 1,007 sqft | 1,650,000 | 1,638 |
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 14th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 824 sqft | AED 2.57MAED 2,572,100 · Sep 2022September 2022 | 100,020 /yr | |
| 1403 | Studio | 497 sqft | AED 2.22MAED 2,222,700 · Sep 2022September 2022 | 74,000 /yr | |
| 1405 | 2-bed | 1,366 sqft | AED 2.72MAED 2,719,840 · Sep 2023September 2023 | 170,000 /yr | |
| 1406 | Studio | 536 sqft | AED 1.37MAED 1,367,400 · Feb 2023February 2023 | ||
| 1407 | Studio | 533 sqft | AED 1.22MAED 1,218,000 · Jan 2023January 2023 | ||
| 1408 | Studio | 514 sqft | AED 1.19MAED 1,188,000 · Jan 2026January 2026 | 85,000 /yr | |
| 1409 | 1-bed | 1,006 sqft | AED 1.88MAED 1,875,000 · Mar 2023March 2023 | 105,000 /yr | |
| 1410 | 1-bed | 1,007 sqft | AED 1.73MAED 1,734,700 · Aug 2022August 2022 | ||
| 1411 | Studio | 521 sqft | AED 1.08MAED 1,078,800 · Aug 2022August 2022 | 74,000 /yr | |
| 1412 | Studio | 534 sqft | AED 1.09MAED 1,087,500 · Aug 2022August 2022 | 85,000 /yr | |
| 1413 | Studio | 542 sqft | AED 1.23MAED 1,225,000 · Aug 2022August 2022 | 94,000 /yr | |
| 1414 | 2-bed | 1,760 sqft | AED 3.1MAED 3,100,000 · Dec 2023December 2023 | ||
| 1415 | 431 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | |||
| 1416 | 2-bed | 1,630 sqft | AED 3.97MAED 3,969,000 · May 2023May 2023 | ||
| 1417 | Studio | 522 sqft | AED 1.2MAED 1,200,000 · May 2022May 2022 | 69,000 /yr | |
| 1418 | 1-bed | 810 sqft | AED 1.76MAED 1,757,700 · Jun 2022June 2022 | ||
| 1419 | 1-bed | 810 sqft | AED 1.84MAED 1,836,750 · Jun 2022June 2022 | 80,000 /yr | |
| 1420 | Studio | 526 sqft | AED 1.35MAED 1,345,500 · May 2023May 2023 |
1402, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 10 August 2022 for AED 3,322,200, or AED 4,108 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 10 August 2022.
Questions about 1402, Elite Downtown Residence
What did unit 1402 last sell for?
AED 3,322,200 on 10 August 2022, sold by the developer: AED 4,108 per sqft for 809 sqft. It is the only registered sale of the unit.
How big is unit 1402?
809 sqft (75.2 sqm): a one-bedroom apartment on the 14th floor of a 23-storey tower completed in 2022.
What is unit 1402 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 1402, Elite Downtown Residence
Starts from the last sale price (AED 3.32M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,322,200
- Deposit, UAE resident (20%)
- AED 664,440
- Deposit, non-resident (40%)
- AED 1,328,880
- Monthly over 25 years at 3.7%
- AED 13,592
Plus AED 144,542 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →