2008, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in October 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Elite Downtown Residence
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2025.
Key facts
- Type
- Apartment
- Size
- 514 sqft
- Floor
- 20th of 23
- Parking
- P4-13
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,000 /yr
- Last sold
- AED 1.15M · October 2025
- Building
- Elite Downtown Residence
About 2008, Elite Downtown Residence
2008 is an apartment of 514 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 October 2025 for AED 1,150,000, or AED 2,236 per sqft.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 17 September 2025, is AED 70,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 9,000 a year.
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 | ||
| 2006 | Studio | 536 sqft | AED 1.32MAED 1,320,760 · Sep 2023September 2023 | 80,000 /yr | |
| 2007 | 533 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 80,000 /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 |
2008, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 13 October 2025 for AED 1,150,000, or AED 2,236 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 63,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 9,000 a year (AED 17.47 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2025.
Questions about 2008, Elite Downtown Residence
What did unit 2008 last sell for?
AED 1,150,000 on 13 October 2025, sold by the developer: AED 2,236 per sqft for 514 sqft. It is the only registered sale of the unit.
What is the rent for unit 2008?
AED 70,000 a year on the contract signed on 17 September 2025. The previous contract, from September 2022, was AED 63,000.
How big is unit 2008?
514 sqft (47.8 sqm): an apartment on the 20th floor of a 23-storey tower completed in 2022.
What is unit 2008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2008, Elite Downtown Residence
Starts from the last sale price (AED 1.15M, 13 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →