515, Elite Downtown Residence
Sold prices and rental history: sold twice, last in October 2025, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Elite Downtown Residence
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2025.
Key facts
- Type
- Apartment
- Size
- 433 sqft
- Floor
- 5th of 23
- Parking
- M-27
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 7,600 /yr
- Last sold
- AED 1.16M · October 2025
- Building
- Elite Downtown Residence
About 515, Elite Downtown Residence
515 is an apartment of 433 sqft on the 5th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. It last sold on 10 October 2025 for AED 1,160,000, or AED 2,677 per sqft.
One Ejari contract is registered, from 12 July 2024. The current contract, renewed on 12 July 2024, is AED 52,000 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 7,600 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 5th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 821 sqft | AED 1.9MAED 1,900,000 · May 2022May 2022 | ||
| 502 | 1-bed | 806 sqft | AED 2.32MAED 2,317,100 · May 2022May 2022 | ||
| 503 | Studio | 495 sqft | AED 1.06MAED 1,059,100 · Apr 2022April 2022 | ||
| 504 | 3-bed | 1,616 sqft | AED 3.7MAED 3,700,000 · Dec 2022December 2022 | ||
| 505 | 2-bed | 1,363 sqft | AED 2.3MAED 2,300,000 · Dec 2022December 2022 | ||
| 506 | Studio | 536 sqft | AED 931KAED 931,000 · May 2022May 2022 | ||
| 507 | Studio | 531 sqft | AED 950KAED 950,000 · May 2022May 2022 | 120,000 /yr | |
| 508 | Studio | 516 sqft | AED 941KAED 940,500 · Jun 2022June 2022 | ||
| 509 | 1-bed | 1,002 sqft | AED 1.22MAED 1,217,130 · Apr 2022April 2022 | 130,000 /yr | |
| 510 | 1-bed | 1,003 sqft | AED 1.15MAED 1,150,000 · Apr 2022April 2022 | ||
| 511 | Studio | 524 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | ||
| 512 | Studio | 531 sqft | AED 950KAED 950,000 · Jul 2022July 2022 | 72,000 /yr | |
| 513 | Studio | 541 sqft | AED 790KAED 790,000 · Aug 2022August 2022 | 70,000 /yr | |
| 514 | 2-bed | 1,760 sqft | AED 2.2MAED 2,198,300 · May 2022May 2022 | 155,000 /yr | |
| 516 | 2-bed | 1,628 sqft | AED 2.95MAED 2,947,680 · Sep 2023September 2023 | ||
| 517 | 524 sqft | AED 1.05MAED 1,050,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 518 | 1-bed | 807 sqft | AED 1.23MAED 1,228,845 · Feb 2022February 2022 | 145,000 /yr | |
| 519 | 1-bed | 807 sqft | AED 1.46MAED 1,455,000 · May 2022May 2022 | 113,000 /yr | |
| 520 | Studio | 526 sqft | AED 750KAED 750,000 · Dec 2021December 2021 | 75,000 /yr |
515, Elite Downtown Residence in numbers
- Sold twice: first on 20 April 2022 for AED 965,000, last on 10 October 2025 for AED 1,160,000 (AED 2,677 per sqft).
- Rented since July 2024 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 7,600 a year (AED 17.47 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2025.
Questions about 515, Elite Downtown Residence
What did unit 515 last sell for?
AED 1,160,000 on 10 October 2025: AED 2,677 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 965,000 in April 2022.
What is the rent for unit 515?
AED 52,000 a year on the contract renewed on 12 July 2024.
How big is unit 515?
433 sqft (40.2 sqm): an apartment on the 5th floor of a 23-storey tower completed in 2022.
What is unit 515 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 515, Elite Downtown Residence
Starts from the last sale price (AED 1.16M, 10 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus AED 53,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →