315, 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 315, Elite Downtown Residence
What is 315 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 3rd of 23
- Parking
- B-58
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 7,600 /yr
- Last sold
- AED 1.05M · September 2022
- Building
- Elite Downtown Residence
About 315, Elite Downtown Residence
315 is a studio of 433 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 16 September 2022 for AED 1,051,600, or AED 2,427 per sqft, 28% above the AED 1,891 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 315 over time
315 has sold once; the dashed line is the studio median of each year in the building.
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 315 sits
All 213 studios →315 last sold in September 2022 at AED 2,427 per sqft, 28% above what studios in Elite Downtown Residence were fetching at the time (AED 1,891). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 514 sqft | 1,200,000 | 2,333 | ||
| 21 Jan 202621 January 2026 | 522 sqft | 1,000,000 | 1,914 | ||
| 16 Jan 202616 January 2026 | 514 sqft | 1,188,000 | 2,309 | ||
| 17 Dec 202517 December 2025 | 522 sqft | 1,000,000 | 1,914 |
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 | |
| 314 | 2-bed | 1,760 sqft | AED 2.52MAED 2,523,000 · 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 |
315, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 16 September 2022 for AED 1,051,600, or AED 2,427 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 16 September 2022.
Questions about 315, Elite Downtown Residence
What did unit 315 last sell for?
AED 1,051,600 on 16 September 2022, sold by the developer: AED 2,427 per sqft for 433 sqft. It is the only registered sale of the unit.
How big is unit 315?
433 sqft (40.2 sqm): a studio on the 3rd floor of a 23-storey tower completed in 2022.
What is unit 315 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 315, Elite Downtown Residence
Starts from the last sale price (AED 1.05M, 16 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,051,600
- Deposit, UAE resident (20%)
- AED 210,320
- Deposit, non-resident (40%)
- AED 420,640
- Monthly over 25 years at 3.7%
- AED 4,302
Plus AED 49,177 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →