314, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in September 2022, 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 314, Elite Downtown Residence
What is 314 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 3rd of 23
- Parking
- B-62
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 30,700 /yr
- Last sold
- AED 2.52M · September 2022
- Building
- Elite Downtown Residence
About 314, Elite Downtown Residence
314 is a two-bedroom apartment of 1,760 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 2 September 2022 for AED 2,523,000, or AED 1,433 per sqft, 10% below the AED 1,597 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 314 over time
314 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 314 sits
All 68 2-beds →314 last sold in September 2022 at AED 1,433 per sqft, 10% below what two-beds in Elite Downtown Residence were fetching at the time (AED 1,597). 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 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 | ||
| 302 | 1-bed | 806 sqft | AED 2.27MAED 2,274,840 · Sep 2023September 2023 | 125,000 /yr | |
| 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 | |
| 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 |
314, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 2 September 2022 for AED 2,523,000, or AED 1,433 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 2 September 2022.
Questions about 314, Elite Downtown Residence
What did unit 314 last sell for?
AED 2,523,000 on 2 September 2022, sold by the developer: AED 1,433 per sqft for 1,760 sqft. It is the only registered sale of the unit.
How big is unit 314?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2022.
What is unit 314 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 314, Elite Downtown Residence
Starts from the last sale price (AED 2.52M, 2 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,523,000
- Deposit, UAE resident (20%)
- AED 504,600
- Deposit, non-resident (40%)
- AED 1,009,200
- Monthly over 25 years at 3.7%
- AED 10,322
Plus AED 110,976 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →