302, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Elite Downtown Residence
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 3rd of 23
- Parking
- B-44
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 14,100 /yr
- Last sold
- AED 2.27M · September 2023
- Building
- Elite Downtown Residence
About 302, Elite Downtown Residence
302 is a one-bedroom apartment of 806 sqft on the 3rd 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 September 2023 for AED 2,274,840, or AED 2,823 per sqft, 7% above the AED 2,632 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 10 November 2025, is AED 125,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 14,100 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Elite Downtown Residence, and where 302 sits
All 132 1-beds →302 last sold in September 2023 at AED 2,823 per sqft, 7% above what one-beds in Elite Downtown Residence were fetching at the time (AED 2,632). Over the last 12 months one-beds sold for AED 2,065,000 to 2,190,000, around AED 2,635 per sqft, and rent for AED 97,000 to 145,000 a year. 302's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Dec 20259 December 2025 | 806 sqft | 2,190,000 | 2,717 | ||
| 26 Jun 202526 June 2025 | 810 sqft | 1,900,000 | 2,346 | ||
| 19 Jun 202519 June 2025 | 809 sqft | 2,250,000 | 2,782 | ||
| 3 Mar 20253 March 2025 | 1,007 sqft | 1,650,000 | 1,638 |
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 3rd floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 821 sqft | AED 1.28MAED 1,283,100 · Jul 2022July 2022 | ||
| 303 | Studio | 495 sqft | AED 1.16MAED 1,159,150 · Mar 2022March 2022 | ||
| 304 | 3-bed | 124 sqft | AED 3.6MAED 3,600,000 · Jul 2023July 2023 | 230,000 /yr | |
| 305 | 2-bed | 1,363 sqft | AED 2.35MAED 2,350,000 · Oct 2023October 2023 | ||
| 306 | Studio | 536 sqft | AED 995KAED 995,000 · Jun 2022June 2022 | ||
| 307 | Studio | 531 sqft | AED 818KAED 817,800 · Jun 2022June 2022 | 75,000 /yr | |
| 308 | Studio | 516 sqft | AED 875KAED 875,000 · Jun 2022June 2022 | 65,000 /yr | |
| 309 | 1-bed | 1,002 sqft | AED 1.51MAED 1,506,600 · Jun 2022June 2022 | 105,000 /yr | |
| 310 | 1-bed | 1,003 sqft | AED 1.66MAED 1,660,000 · Dec 2024December 2024 | 125,000 /yr | |
| 311 | Studio | 524 sqft | AED 875KAED 875,000 · Jun 2022June 2022 | 76,000 /yr | |
| 312 | Studio | 531 sqft | AED 910KAED 910,000 · Mar 2022March 2022 | 64,826 /yr | |
| 313 | Studio | 541 sqft | AED 1.29MAED 1,290,000 · May 2023May 2023 | 75,000 /yr | |
| 314 | 2-bed | 1,760 sqft | AED 2.52MAED 2,523,000 · Sep 2022September 2022 | ||
| 315 | Studio | 433 sqft | AED 1.05MAED 1,051,600 · Sep 2022September 2022 | ||
| 316 | 2-bed | 1,628 sqft | AED 3.37MAED 3,370,000 · Oct 2022October 2022 | ||
| 317 | Studio | 524 sqft | AED 903KAED 902,500 · Apr 2022April 2022 | 72,000 /yr | |
| 318 | 1-bed | 807 sqft | AED 1.1MAED 1,100,000 · Dec 2021December 2021 | 99,750 /yr | |
| 319 | 1-bed | 807 sqft | AED 1.1MAED 1,100,000 · Dec 2021December 2021 | 95,700 /yr | |
| 320 | Studio | 526 sqft | AED 816KAED 816,000 · Jul 2022July 2022 |
302, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 12 September 2023 for AED 2,274,840, or AED 2,823 per sqft.
- Rented since November 2024 on 2 Ejari contracts, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 14,100 a year (AED 17.47 per sqft).
- One-beds in Elite Downtown Residence sold for AED 2,065,000–2,190,000 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 10 November 2025.
Questions about 302, Elite Downtown Residence
What did unit 302 last sell for?
AED 2,274,840 on 12 September 2023, sold by the developer: AED 2,823 per sqft for 806 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 125,000 a year on the contract signed on 10 November 2025. The previous contract, from November 2024, was AED 125,000.
How big is unit 302?
806 sqft (74.9 sqm): a one-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2022.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Downtown Residence sold for AED 2,065,000 to 2,190,000 in the last 12 months, around AED 2,635 per sqft.
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Mortgage on 302, Elite Downtown Residence
Starts from the last sale price (AED 2.27M, 12 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,274,840
- Deposit, UAE resident (20%)
- AED 454,968
- Deposit, non-resident (40%)
- AED 909,936
- Monthly over 25 years at 3.7%
- AED 9,307
Plus AED 100,554 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →