1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 14th floor · completed 2022

1418, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1418 · DLD and Ejari recordsUpdated 14 June 2022
Last soldAED 1.76M14 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1418, Elite Downtown Residence

What is 1418 worth today?

Last sold for AED 1,757,700 in 2022

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14 Jun 2022Sold by developerReady
AED 1,757,700AED 2,171 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2022.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
14th of 23
Parking
P2-64
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 1.76M · June 2022

About 1418, Elite Downtown Residence

1418 is a one-bedroom apartment of 810 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 14 June 2022 for AED 1,757,700, or AED 2,171 per sqft, 29% above the AED 1,680 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1418 over time

Sales
Unit 1418, 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, June 2022: AED 1,757,700 (AED 2,171 per sqft)

1418 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1418, 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 1418 sits

All 132 1-beds →

1418 last sold in June 2022 at AED 2,171 per sqft, 29% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,680). 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. 8 sold in the last 12 months.

Typical price per sqft
AED 2,321
Typical sale
AED 1.23M
Typical rent
AED 105K /yr
Typical yield
6.3%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 454 units in Elite Downtown Residence
Value
14011-bedAED 2.57M · Sep 2022
14021-bedAED 3.32M · Aug 2022
1403StudioAED 2.22M · Sep 2022
14052-bedAED 2.72M · Sep 2023
1406StudioAED 1.37M · Feb 2023
1407StudioAED 1.22M · Jan 2023
1408StudioAED 1.19M · Jan 2026
1–7 of 18

1418, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 14 June 2022 for AED 1,757,700, or AED 2,171 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 2,321 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2022.

Questions about 1418, Elite Downtown Residence

What did unit 1418 last sell for?

AED 1,757,700 on 14 June 2022, sold by the developer: AED 2,171 per sqft for 810 sqft. It is the only registered sale of the unit.

How big is unit 1418?

810 sqft (75.3 sqm): a one-bedroom apartment on the 14th floor of a 23-storey tower completed in 2022.

What is unit 1418 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 1418, Elite Downtown Residence

Starts from the last sale price (AED 1.76M, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,757,700
Deposit, UAE resident (20%)
AED 351,540
Deposit, non-resident (40%)
AED 703,080
Monthly over 25 years at 3.7%
AED 7,191

Plus AED 78,833 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →