2014, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in November 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2014, Elite Downtown Residence
What is 2014 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 20th of 23
- Parking
- P4-54
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 30,700 /yr
- Last sold
- AED 2.9M · November 2024
- Building
- Elite Downtown Residence
About 2014, Elite Downtown Residence
2014 is a two-bedroom apartment of 1,760 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 11 November 2024 for AED 2,900,000, or AED 1,647 per sqft, 23% below the AED 2,147 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 160,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 30,700 a year.
Sales and rents for 2014 over time
2014 has sold once; the dashed line is the two-bed median of each year in the building.
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 2014 sits
All 68 2-beds →2014 last sold in November 2024 at AED 1,647 per sqft, 23% below what two-beds in Elite Downtown Residence were fetching at the time (AED 2,147). 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. 2014's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 683 sqft | 1,250,000 | 1,830 | ||
| 14 Feb 202514 February 2025 | 1,760 sqft | 2,924,000 | 1,661 | ||
| 30 Jan 202530 January 2025 | 1,760 sqft | 2,400,000 | 1,363 | ||
| 22 Aug 202422 August 2024 | 1,630 sqft | 3,500,000 | 2,147 |
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 | ||
| 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 | ||
| 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 |
2014, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 11 November 2024 for AED 2,900,000, or AED 1,647 per sqft.
- Rented since June 2022 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 30,700 a year (AED 17.47 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 11 November 2024.
Questions about 2014, Elite Downtown Residence
What did unit 2014 last sell for?
AED 2,900,000 on 11 November 2024, sold by the developer: AED 1,647 per sqft for 1,760 sqft. It is the only registered sale of the unit.
What is the rent for unit 2014?
AED 160,000 a year on the contract signed on 1 June 2022.
How big is unit 2014?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 20th floor of a 23-storey tower completed in 2022.
What is unit 2014 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 2014, Elite Downtown Residence
Starts from the last sale price (AED 2.9M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →