208, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 208, Elite Downtown Residence
What is 208 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 516 sqft
- Floor
- 2nd of 23
- Parking
- B-23
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,000 /yr
- Last sold
- AED 780K · March 2022
- Building
- Elite Downtown Residence
About 208, Elite Downtown Residence
208 is a studio of 516 sqft on the 2nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 17 March 2022 for AED 780,000, or AED 1,510 per sqft, 11% below the AED 1,701 studios in the building were fetching at the time.
One Ejari contract is registered, from 12 August 2025. The current contract, renewed on 12 August 2025, is AED 73,500 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 9,000 a year.
Sales and rents for 208 over time
208 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 208 sits
All 213 studios →208 last sold in March 2022 at AED 1,510 per sqft, 11% below what studios in Elite Downtown Residence were fetching at the time (AED 1,701). 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. 208's AED 73,500 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 2nd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 821 sqft | AED 2.27MAED 2,273,112 · Mar 2024March 2024 | 100,000 /yr | |
| 202 | 1-bed | 806 sqft | AED 1.55MAED 1,545,840 · Feb 2022February 2022 | ||
| 203 | Studio | 495 sqft | AED 1.31MAED 1,310,000 · Sep 2024September 2024 | ||
| 204 | 3-bed | 1,616 sqft | AED 3.34MAED 3,335,720 · Sep 2023September 2023 | 215,000 /yr | |
| 205 | 2-bed | 1,363 sqft | AED 2.38MAED 2,384,000 · Dec 2022December 2022 | ||
| 206 | Studio | 536 sqft | AED 990KAED 990,000 · Jun 2022June 2022 | 94,500 /yr | |
| 207 | Studio | 531 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 60,000 /yr | |
| 209 | 1-bed | 1,002 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 110,000 /yr | |
| 210 | 1-bed | 1,003 sqft | AED 1.53MAED 1,525,500 · Jun 2022June 2022 | 125,000 /yr | |
| 211 | Studio | 524 sqft | AED 1.21MAED 1,212,112 · Apr 2024April 2024 | 85,000 /yr | |
| 212 | Studio | 531 sqft | AED 935KAED 935,000 · May 2022May 2022 | 70,000 /yr | |
| 213 | Studio | 541 sqft | AED 802KAED 801,655 · Feb 2022February 2022 | 110,000 /yr | |
| 214 | 2-bed | 1,760 sqft | AED 1.97MAED 1,970,000 · Mar 2022March 2022 | 165,000 /yr | |
| 215 | Studio | 433 sqft | AED 860KAED 860,000 · Jun 2022June 2022 | 85,000 /yr | |
| 216 | 2-bed | 1,628 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | ||
| 217 | Studio | 524 sqft | AED 1.18MAED 1,182,500 · Aug 2023August 2023 | 82,000 /yr | |
| 218 | 1-bed | 807 sqft | AED 1.76MAED 1,760,000 · Jul 2022July 2022 | 102,000 /yr | |
| 219 | 807 sqft | AED 1.25MAED 1,250,000 · Mar 2022March 2022 | 110,000 /yr | ||
| 220 | Studio | 526 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 75,000 /yr |
208, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 17 March 2022 for AED 780,000, or AED 1,510 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 9,000 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 12 August 2025.
Questions about 208, Elite Downtown Residence
What did unit 208 last sell for?
AED 780,000 on 17 March 2022, sold by the developer: AED 1,510 per sqft for 516 sqft. It is the only registered sale of the unit.
What is the rent for unit 208?
AED 73,500 a year on the contract renewed on 12 August 2025.
How big is unit 208?
516 sqft (47.9 sqm): a studio on the 2nd floor of a 23-storey tower completed in 2022.
What is unit 208 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.
Selling 208? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 208, Elite Downtown Residence
Starts from the last sale price (AED 780K, 17 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →