2006, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2006, Elite Downtown Residence
What is 2006 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 536 sqft
- Floor
- 20th of 23
- Parking
- P4-11
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.32M · September 2023
- Building
- Elite Downtown Residence
About 2006, Elite Downtown Residence
2006 is a studio of 536 sqft on the 20th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 13 September 2023 for AED 1,320,760, or AED 2,462 per sqft, in line with the AED 2,522 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 80,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 9,400 a year.
Sales and rents for 2006 over time
2006 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Elite Downtown Residence, and where 2006 sits
All 213 studios →2006 last sold in September 2023 at AED 2,462 per sqft, in line with what studios in Elite Downtown Residence were fetching at the time (AED 2,522). Over the last 12 months studios sold for AED 1,000,000 to 1,250,000, around AED 2,133 per sqft, and rent for AED 72,000 to 110,000 a year. 2006's AED 80,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 514 sqft | 1,200,000 | 2,333 | ||
| 21 Jan 202621 January 2026 | 522 sqft | 1,000,000 | 1,914 | ||
| 16 Jan 202616 January 2026 | 514 sqft | 1,188,000 | 2,309 | ||
| 17 Dec 202517 December 2025 | 522 sqft | 1,000,000 | 1,914 |
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 20th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 824 sqft | AED 1.49MAED 1,490,000 · Mar 2022March 2022 | 100,000 /yr | |
| 2002 | 1-bed | 809 sqft | AED 2.49MAED 2,491,337 · Apr 2022April 2022 | 100,000 /yr | |
| 2003 | Studio | 497 sqft | AED 2.08MAED 2,078,550 · Oct 2022October 2022 | ||
| 2004 | 3-bed | 1,616 sqft | AED 4.74MAED 4,743,750 · Dec 2023December 2023 | ||
| 2005 | 2-bed | 1,366 sqft | AED 1.25MAED 1,250,000 · Dec 2025December 2025 | ||
| 2007 | 533 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 80,000 /yr | ||
| 2008 | 514 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 70,000 /yr | ||
| 2009 | 1-bed | 1,006 sqft | AED 2.02MAED 2,022,750 · Aug 2022August 2022 | 105,000 /yr | |
| 2010 | 1-bed | 1,007 sqft | AED 1.67MAED 1,669,500 · Aug 2022August 2022 | 94,500 /yr | |
| 2011 | Studio | 521 sqft | AED 1.15MAED 1,145,000 · Jul 2025July 2025 | 63,000 /yr | |
| 2012 | Studio | 534 sqft | AED 1.32MAED 1,320,760 · Sep 2023September 2023 | 80,000 /yr | |
| 2013 | 542 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 63,000 /yr | ||
| 2014 | 2-bed | 1,760 sqft | AED 2.9MAED 2,900,000 · Nov 2024November 2024 | 160,000 /yr | |
| 2015 | Studio | 431 sqft | AED 1.32MAED 1,315,000 · Nov 2024November 2024 | ||
| 2016 | 2-bed | 1,630 sqft | AED 3.77MAED 3,771,500 · Apr 2022April 2022 | 220,000 /yr | |
| 2017 | Studio | 522 sqft | AED 1.32MAED 1,315,000 · May 2022May 2022 | 83,000 /yr | |
| 2018 | 1-bed | 810 sqft | AED 1.48MAED 1,481,050 · Mar 2022March 2022 | 124,941 /yr | |
| 2019 | 1-bed | 810 sqft | AED 1.9MAED 1,900,000 · Jun 2025June 2025 | 130,000 /yr | |
| 2020 | Studio | 526 sqft | AED 1.02MAED 1,023,000 · Jun 2022June 2022 | 100,000 /yr |
2006, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 13 September 2023 for AED 1,320,760, or AED 2,462 per sqft.
- Rented since July 2022 on 2 Ejari contracts, from AED 62,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 9,400 a year (AED 17.47 per sqft).
- Studios in Elite Downtown Residence sold for AED 1,000,000–1,250,000 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 1 October 2024.
Questions about 2006, Elite Downtown Residence
What did unit 2006 last sell for?
AED 1,320,760 on 13 September 2023, sold by the developer: AED 2,462 per sqft for 536 sqft. It is the only registered sale of the unit.
What is the rent for unit 2006?
AED 80,000 a year on the contract signed on 1 October 2024. The previous contract, from July 2022, was AED 62,000.
How big is unit 2006?
536 sqft (49.8 sqm): a studio on the 20th floor of a 23-storey tower completed in 2022.
What is unit 2006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elite Downtown Residence sold for AED 1,000,000 to 1,250,000 in the last 12 months, around AED 2,133 per sqft.
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Mortgage on 2006, Elite Downtown Residence
Starts from the last sale price (AED 1.32M, 13 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,760
- Deposit, UAE resident (20%)
- AED 264,152
- Deposit, non-resident (40%)
- AED 528,304
- Monthly over 25 years at 3.7%
- AED 5,404
Plus AED 60,482 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →