Studio · 526 sqftElite Downtown Residence, Downtown Dubai · 22nd floor · completed 2022

2220, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2220 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 2.13M6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2220, Elite Downtown Residence

What is 2220 worth today?

Last sold for AED 2,133,000 in 2023

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6 Jan 2023Sold by developerReady
AED 2,133,000AED 4,058 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2023.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
22nd of 23
Parking
P4-66
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,200 /yr
Last sold
AED 2.13M · January 2023

About 2220, Elite Downtown Residence

2220 is a studio of 526 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 6 January 2023 for AED 2,133,000, or AED 4,058 per sqft, 107% above the AED 1,959 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2220 over time

Sales
Unit 2220, each saleTypical studio in Elite Downtown Residence
1M2M2021202320252027Typical sale price by year: 2021 AED 867,000; 2022 AED 1,018,925; 2023 AED 1,321,430; 2024 AED 1,255,000; 2025 AED 1,170,000; 2026 AED 1,188,000Sold by developer, January 2023: AED 2,133,000 (AED 4,058 per sqft)

2220 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2220, each contractTypical studio in Elite Downtown Residence
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 78,000; 2026 AED 84,500

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 2220 sits

All 213 studios →

2220 last sold in January 2023 at AED 4,058 per sqft, 107% above what studios in Elite Downtown Residence were fetching at the time (AED 1,959). 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.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 20261,200,000
21 Jan 20261,000,000
16 Jan 20261,188,000
17 Dec 20251,000,000
6 studio sales in the last 12 months

Elite Downtown Residence

Building

454 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%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 22nd floor

All 454 units in Elite Downtown Residence
Value
22011-bedAED 2.29M · Apr 2022
22021-bedAED 2.1M · Feb 2025
2203StudioAED 2.49M · Sep 2022
22043-bedAED 4.6M · Mar 2025
22052-bedAED 2.28M · Jul 2021
2206StudioAED 1.33M · Sep 2023
2207AED 1.15M · Aug 2025
1–7 of 18

2220, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 6 January 2023 for AED 2,133,000, or AED 4,058 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 6 January 2023.

Questions about 2220, Elite Downtown Residence

What did unit 2220 last sell for?

AED 2,133,000 on 6 January 2023, sold by the developer: AED 4,058 per sqft for 526 sqft. It is the only registered sale of the unit.

How big is unit 2220?

526 sqft (48.9 sqm): a studio on the 22nd floor of a 23-storey tower completed in 2022.

What is unit 2220 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 2220, Elite Downtown Residence

Starts from the last sale price (AED 2.13M, 6 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,133,000
Deposit, UAE resident (20%)
AED 426,600
Deposit, non-resident (40%)
AED 853,200
Monthly over 25 years at 3.7%
AED 8,727

Plus AED 94,596 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →