2216, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2216, Elite Downtown Residence
What is 2216 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 22nd of 23
- Parking
- P2-26
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 2.61M · December 2021
- Building
- Elite Downtown Residence
About 2216, Elite Downtown Residence
2216 is a two-bedroom apartment of 1,630 sqft on the 22nd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 12 December 2021 for AED 2,612,500, or AED 1,602 per sqft, 5% above the AED 1,527 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2216 over time
2216 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 2216 sits
All 68 2-beds →2216 last sold in December 2021 at AED 1,602 per sqft, 5% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,527). 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.
| 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 | ||
| 11 Nov 202411 November 2024 | 1,760 sqft | 2,900,000 | 1,647 |
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 22nd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 824 sqft | AED 2.29MAED 2,285,337 · Apr 2022April 2022 | 115,000 /yr | |
| 2202 | 1-bed | 809 sqft | AED 2.1MAED 2,100,000 · Feb 2025February 2025 | ||
| 2203 | Studio | 497 sqft | AED 2.49MAED 2,490,000 · Sep 2022September 2022 | ||
| 2204 | 3-bed | 1,616 sqft | AED 4.6MAED 4,600,000 · Mar 2025March 2025 | ||
| 2205 | 2-bed | 1,366 sqft | AED 2.28MAED 2,281,000 · Jul 2021July 2021 | 73,400 /yr | |
| 2206 | Studio | 536 sqft | AED 1.33MAED 1,331,440 · Sep 2023September 2023 | 82,000 /yr | |
| 2207 | 533 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 2208 | 514 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 2209 | 1-bed | 1,006 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | 105,000 /yr | |
| 2210 | 1-bed | 1,007 sqft | AED 2.27MAED 2,265,000 · Dec 2022December 2022 | ||
| 2211 | Studio | 521 sqft | AED 1.18MAED 1,182,750 · Jan 2025January 2025 | 90,000 /yr | |
| 2212 | Studio | 534 sqft | AED 1.18MAED 1,182,750 · Jan 2025January 2025 | 90,000 /yr | |
| 2214 | 2-bed | 1,760 sqft | AED 3.05MAED 3,050,920 · Sep 2023September 2023 | ||
| 2215 | Studio | 431 sqft | AED 1.58MAED 1,584,200 · Sep 2023September 2023 | ||
| 2217 | Studio | 522 sqft | AED 2.05MAED 2,047,500 · Aug 2022August 2022 | ||
| 2218 | 1-bed | 810 sqft | AED 2.43MAED 2,425,000 · May 2022May 2022 | ||
| 2219 | 1-bed | 810 sqft | AED 2.46MAED 2,463,750 · Feb 2023February 2023 | ||
| 2220 | Studio | 526 sqft | AED 2.13MAED 2,133,000 · Jan 2023January 2023 |
2216, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 12 December 2021 for AED 2,612,500, or AED 1,602 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 12 December 2021.
Questions about 2216, Elite Downtown Residence
What did unit 2216 last sell for?
AED 2,612,500 on 12 December 2021, sold by the developer: AED 1,602 per sqft for 1,630 sqft. It is the only registered sale of the unit.
How big is unit 2216?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 22nd floor of a 23-storey tower completed in 2022.
What is unit 2216 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 2216, Elite Downtown Residence
Starts from the last sale price (AED 2.61M, 12 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,612,500
- Deposit, UAE resident (20%)
- AED 522,500
- Deposit, non-resident (40%)
- AED 1,045,000
- Monthly over 25 years at 3.7%
- AED 10,689
Plus AED 114,735 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →