2120, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2120, Elite Downtown Residence
What is 2120 worth today?
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Source: Dubai Land Department. Updated 4 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 21st of 23
- Parking
- P4-42
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,200 /yr
- Last sold
- AED 1.22M · March 2022
- Building
- Elite Downtown Residence
About 2120, Elite Downtown Residence
2120 is a studio of 526 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 4 March 2022 for AED 1,215,000, or AED 2,311 per sqft, 36% above the AED 1,701 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 January 2026, is AED 88,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 9,200 a year.
Sales and rents for 2120 over time
2120 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 2120 sits
All 213 studios →2120 last sold in March 2022 at AED 2,311 per sqft, 36% above 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 2,309 per sqft, and rent for AED 72,000 to 110,000 a year. 2120's AED 88,000 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 . 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,321 Up 3.8%
- 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 | ||
| 2111 | Studio | 521 sqft | AED 1.13MAED 1,125,000 · Apr 2018April 2018 | 72,000 /yr | |
| 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, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 4 March 2022 for AED 1,215,000, or AED 2,311 per sqft.
- Rented since November 2024 on 2 Ejari contracts, from AED 80,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 9,200 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 2,321 per sqft.
Source: Dubai Land Department. Updated 4 January 2026.
Questions about 2120, Elite Downtown Residence
What did unit 2120 last sell for?
AED 1,215,000 on 4 March 2022, sold by the developer: AED 2,311 per sqft for 526 sqft. It is the only registered sale of the unit.
What is the rent for unit 2120?
AED 88,000 a year on the contract signed on 4 January 2026. The previous contract, from November 2024, was AED 80,000.
How big is unit 2120?
526 sqft (48.9 sqm): a studio on the 21st floor of a 23-storey tower completed in 2022.
What is unit 2120 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 2,309 per sqft.
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Mortgage on 2120, Elite Downtown Residence
Starts from the last sale price (AED 1.22M, 4 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,215,000
- Deposit, UAE resident (20%)
- AED 243,000
- Deposit, non-resident (40%)
- AED 486,000
- Monthly over 25 years at 3.7%
- AED 4,971
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →