405, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 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 405, Elite Downtown Residence
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,363 sqft
- Floor
- 4th of 23
- Parking
- B-71
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.17M · April 2022
- Building
- Elite Downtown Residence
About 405, Elite Downtown Residence
405 is a two-bedroom apartment of 1,363 sqft on the 4th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 21 April 2022 for AED 2,169,000, or AED 1,591 per sqft, 4% above the AED 1,524 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 405 over time
405 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 405 sits
All 68 2-beds →405 last sold in April 2022 at AED 1,591 per sqft, 4% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,524). 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 4th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 821 sqft | AED 1.42MAED 1,420,000 · Apr 2022April 2022 | 104,000 /yr | |
| 402 | 1-bed | 806 sqft | AED 2.19MAED 2,190,000 · Dec 2025December 2025 | ||
| 403 | Studio | 495 sqft | AED 1.6MAED 1,600,000 · Aug 2024August 2024 | ||
| 404 | 3-bed | 1,616 sqft | AED 4MAED 4,000,000 · Oct 2022October 2022 | ||
| 406 | Studio | 536 sqft | AED 995KAED 994,708 · Jul 2018July 2018 | ||
| 407 | Studio | 531 sqft | AED 926KAED 925,900 · Jun 2022June 2022 | 75,000 /yr | |
| 408 | Studio | 516 sqft | AED 926KAED 925,900 · Jun 2022June 2022 | 75,000 /yr | |
| 409 | 1-bed | 1,002 sqft | AED 1.21MAED 1,211,910 · Apr 2022April 2022 | 130,000 /yr | |
| 410 | 1-bed | 990 sqft | AED 1.28MAED 1,275,850 · Jan 2022January 2022 | 110,000 /yr | |
| 411 | Studio | 524 sqft | AED 884KAED 883,500 · Apr 2022April 2022 | 80,000 /yr | |
| 412 | Studio | 531 sqft | AED 1.07MAED 1,065,000 · Aug 2024August 2024 | 75,000 /yr | |
| 413 | Studio | 541 sqft | AED 810KAED 809,775 · Feb 2022February 2022 | 110,000 /yr | |
| 414 | 2-bed | 1,760 sqft | AED 1.9MAED 1,900,000 · Apr 2022April 2022 | 200,000 /yr | |
| 415 | 433 sqft | AED 1.34MAED 1,339,800 · Jan 2023January 2023 | 78,000 /yr | ||
| 416 | 2-bed | 1,628 sqft | AED 2.91MAED 2,912,080 · Sep 2023September 2023 | ||
| 417 | Studio | 524 sqft | AED 1.28MAED 1,275,000 · May 2022May 2022 | ||
| 418 | 1-bed | 807 sqft | AED 1.5MAED 1,495,000 · May 2022May 2022 | ||
| 419 | 1-bed | 807 sqft | AED 1.25MAED 1,250,000 · Apr 2022April 2022 | 105,000 /yr | |
| 420 | Studio | 526 sqft | AED 1.3MAED 1,304,000 · Mar 2023March 2023 |
405, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 21 April 2022 for AED 2,169,000, or AED 1,591 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 21 April 2022.
Questions about 405, Elite Downtown Residence
What did unit 405 last sell for?
AED 2,169,000 on 21 April 2022, sold by the developer: AED 1,591 per sqft for 1,363 sqft. It is the only registered sale of the unit.
How big is unit 405?
1,363 sqft (126.6 sqm): a two-bedroom apartment on the 4th floor of a 23-storey tower completed in 2022.
What is unit 405 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 405, Elite Downtown Residence
Starts from the last sale price (AED 2.17M, 21 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,169,000
- Deposit, UAE resident (20%)
- AED 433,800
- Deposit, non-resident (40%)
- AED 867,600
- Monthly over 25 years at 3.7%
- AED 8,874
Plus AED 96,108 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →