2111, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2111, Elite Downtown Residence
What is 2111 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 21st of 23
- Parking
- P4-32
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.13M · April 2018
- Building
- Elite Downtown Residence
About 2111, Elite Downtown Residence
2111 is a studio of 521 sqft on the 21st floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 24 April 2018 for AED 1,125,000, or AED 2,157 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 72,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 9,100 a year.
Sales and rents for 2111 over time
2111 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 2111 sits
All 213 studios →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. 2111's AED 72,000 is at the bottom 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 21st floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2101 | 1-bed | 824 sqft | AED 1.29MAED 1,285,875 · Apr 2022April 2022 | 115,000 /yr | |
| 2102 | 1-bed | 809 sqft | AED 1.53MAED 1,531,750 · Mar 2022March 2022 | ||
| 2103 | Studio | 497 sqft | AED 1.05MAED 1,054,000 · Oct 2021October 2021 | ||
| 2104 | 3-bed | 1,616 sqft | AED 4.4MAED 4,400,000 · Jul 2023July 2023 | ||
| 2105 | 2-bed | 1,366 sqft | AED 3.06MAED 3,056,000 · Feb 2023February 2023 | ||
| 2106 | Studio | 536 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 70,000 /yr | |
| 2107 | Studio | 533 sqft | AED 1.28MAED 1,275,000 · Dec 2024December 2024 | 65,000 /yr | |
| 2108 | 514 sqft | AED 1.15MAED 1,150,000 · Sep 2025September 2025 | 65,000 /yr | ||
| 2109 | 1-bed | 1,006 sqft | AED 2.2MAED 2,195,000 · Aug 2022August 2022 | ||
| 2110 | 1-bed | 994 sqft | AED 1.49MAED 1,491,500 · Feb 2022February 2022 | ||
| 2112 | Studio | 534 sqft | AED 1.28MAED 1,275,000 · Dec 2024December 2024 | 80,000 /yr | |
| 2113 | 542 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 2114 | 2-bed | 1,760 sqft | AED 2.93MAED 2,929,880 · Sep 2023September 2023 | ||
| 2115 | Studio | 431 sqft | AED 1.46MAED 1,456,040 · Sep 2023September 2023 | ||
| 2116 | 2-bed | 1,630 sqft | AED 2.49MAED 2,490,000 · Oct 2021October 2021 | ||
| 2117 | Studio | 522 sqft | AED 2.27MAED 2,270,000 · Nov 2022November 2022 | ||
| 2118 | 1-bed | 810 sqft | AED 2.25MAED 2,254,000 · Jul 2022July 2022 | ||
| 2119 | 1-bed | 810 sqft | AED 2.46MAED 2,455,200 · Sep 2022September 2022 | ||
| 2120 | Studio | 526 sqft | AED 1.22MAED 1,215,000 · Mar 2022March 2022 | 88,000 /yr |
2111, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 24 April 2018 for AED 1,125,000, or AED 2,157 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 75,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 9,100 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 September 2025.
Questions about 2111, Elite Downtown Residence
What did unit 2111 last sell for?
AED 1,125,000 on 24 April 2018, sold by the developer: AED 2,157 per sqft for 521 sqft. It is the only registered sale of the unit.
What is the rent for unit 2111?
AED 72,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2024, was AED 75,000.
How big is unit 2111?
521 sqft (48.4 sqm): a studio on the 21st floor of a 23-storey tower completed in 2022.
What is unit 2111 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 2111, Elite Downtown Residence
Starts from the last sale price (AED 1.13M, 24 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →