2312, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2312, Elite Downtown Residence
What is 2312 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2025.
Key facts
- Type
- Apartment
- Size
- 534 sqft
- Floor
- 23rd of 23
- Parking
- P4-76
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,300 /yr
- Last sold
- AED 1.42M · January 2023
- Building
- Elite Downtown Residence
About 2312, Elite Downtown Residence
2312 is an apartment of 534 sqft on the 23rd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 10 January 2023 for AED 1,419,600, or AED 2,660 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 September 2025, is AED 80,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 9,300 a year.
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 23rd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 824 sqft | AED 3.21MAED 3,210,800 · Nov 2022November 2022 | ||
| 2302 | 1-bed | 809 sqft | AED 2.25MAED 2,250,000 · Jun 2025June 2025 | ||
| 2303 | Studio | 497 sqft | AED 2.56MAED 2,555,500 · Dec 2022December 2022 | ||
| 2304 | 3-bed | 1,616 sqft | AED 4.45MAED 4,453,240 · Sep 2023September 2023 | ||
| 2305 | 2-bed | 1,366 sqft | AED 2.93MAED 2,933,440 · Sep 2023September 2023 | 185,000 /yr | |
| 2306 | Studio | 536 sqft | AED 1.17MAED 1,170,000 · Feb 2025February 2025 | 85,000 /yr | |
| 2307 | Studio | 533 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 65,000 /yr | |
| 2308 | Studio | 514 sqft | AED 1.18MAED 1,175,000 · Jun 2025June 2025 | 66,150 /yr | |
| 2309 | 1-bed | 1,006 sqft | AED 2.28MAED 2,281,600 · Nov 2022November 2022 | ||
| 2310 | 1-bed | 1,007 sqft | AED 2.31MAED 2,310,750 · Jul 2022July 2022 | ||
| 2311 | Studio | 521 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | ||
| 2313 | Studio | 542 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 88,000 /yr | |
| 2314 | 2-bed | 1,760 sqft | AED 3.12MAED 3,122,120 · Sep 2023September 2023 | ||
| 2315 | Studio | 431 sqft | AED 1.34MAED 1,336,500 · Jan 2025January 2025 | ||
| 2316 | 2-bed | 1,630 sqft | AED 4.54MAED 4,543,337 · Apr 2022April 2022 | 170,000 /yr | |
| 2317 | Studio | 522 sqft | AED 2.46MAED 2,460,500 · Dec 2022December 2022 | ||
| 2318 | 1-bed | 810 sqft | AED 2.71MAED 2,712,000 · May 2023May 2023 | ||
| 2319 | 1-bed | 810 sqft | AED 2.62MAED 2,615,800 · May 2023May 2023 | ||
| 2320 | Studio | 526 sqft | AED 1.78MAED 1,781,000 · May 2023May 2023 |
2312, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 10 January 2023 for AED 1,419,600, or AED 2,660 per sqft.
- Rented since April 2023 on 3 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 9,300 a year (AED 17.47 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2025.
Questions about 2312, Elite Downtown Residence
What did unit 2312 last sell for?
AED 1,419,600 on 10 January 2023, sold by the developer: AED 2,660 per sqft for 534 sqft. It is the only registered sale of the unit.
What is the rent for unit 2312?
AED 80,000 a year on the contract signed on 20 September 2025. The previous contract, from June 2024, was AED 87,000; the unit has been rented since April 2023.
How big is unit 2312?
534 sqft (49.6 sqm): an apartment on the 23rd floor of a 23-storey tower completed in 2022.
What is unit 2312 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2312, Elite Downtown Residence
Starts from the last sale price (AED 1.42M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,419,600
- Deposit, UAE resident (20%)
- AED 283,920
- Deposit, non-resident (40%)
- AED 567,840
- Monthly over 25 years at 3.7%
- AED 5,808
Plus AED 64,633 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →