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524 sqftElite Downtown Residence, Downtown Dubai · 5th floor · completed 2022

517, Elite Downtown Residence

Sold prices and rental history: sold twice, last in August 2025, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 1.05M11 August 2025
Current rentAED 65K /yr9 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Elite Downtown Residence

What is 517 worth today?

Last sold for AED 1,050,000 in 2025

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11 Aug 2025SoldReady
AED 1,050,000AED 2,002 per sqft
9 May 2022RentedNew contract
AED 65,000/yr12 months · AED 124 per sqft
8 Apr 2022Sold by developerReady
AED 784,420AED 1,495 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 August 2025.

Key facts

Type
Apartment
Size
524 sqft
Floor
5th of 23
Parking
M-28
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 9,200 /yr
Last sold
AED 1.05M · August 2025
Building
Elite Downtown Residence

About 517, Elite Downtown Residence

517 is an apartment of 524 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 11 August 2025 for AED 1,050,000, or AED 2,002 per sqft.

One Ejari contract is registered, from 9 May 2022. The current contract, signed on 9 May 2022, is AED 65,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 9,200 a year.

Elite Downtown Residence

Building

454 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%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 454 units in Elite Downtown Residence
Value
5011-bedAED 1.9M · May 2022
5021-bedAED 2.32M · May 2022
503StudioAED 1.06M · Apr 2022
5043-bedAED 3.7M · Dec 2022
5052-bedAED 2.3M · Dec 2022
506StudioAED 931K · May 2022
507StudioAED 950K · May 2022
1–7 of 19

517, Elite Downtown Residence in numbers

  • Sold twice: first on 8 April 2022 for AED 784,420, last on 11 August 2025 for AED 1,050,000 (AED 2,002 per sqft).
  • Rented since May 2022 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 9,200 a year (AED 17.47 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 11 August 2025.

Questions about 517, Elite Downtown Residence

What did unit 517 last sell for?

AED 1,050,000 on 11 August 2025: AED 2,002 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 784,420 in April 2022.

What is the rent for unit 517?

AED 65,000 a year on the contract signed on 9 May 2022.

How big is unit 517?

524 sqft (48.7 sqm): an apartment on the 5th floor of a 23-storey tower completed in 2022.

What is unit 517 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 517, Elite Downtown Residence

Starts from the last sale price (AED 1.05M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →