613, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 613, Elite Downtown Residence
What is 613 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 542 sqft
- Floor
- 6th of 23
- Parking
- M-46
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,500 /yr
- Last sold
- AED 860K · April 2022
- Building
- Elite Downtown Residence
About 613, Elite Downtown Residence
613 is a studio of 542 sqft on the 6th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements . The developer sold it on 11 April 2022 for AED 860,000, or AED 1,587 per sqft, 6% below the AED 1,681 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 August 2024. The current contract, signed on 10 August 2024, is AED 70,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 9,500 a year.
Sales and rents for 613 over time
613 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 613 sits
All 213 studios →613 last sold in April 2022 at AED 1,587 per sqft, 6% below what studios in Elite Downtown Residence were fetching at the time (AED 1,681). Over the last 12 months studios sold for AED 1,000,000 to 1,250,000, around AED 2,309 per sqft, and rent for AED 72,000 to 110,000 a year. 613's AED 70,000 is at the bottom of that range.
| 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 . 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,321 Up 3.8%
- Typical sale
- AED 1.2M
- Typical rent
- AED 105K /yr
- Typical yield
- 6.3%
Other units on the 6th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 824 sqft | AED 1.65MAED 1,650,000 · Feb 2025February 2025 | 105,000 /yr | |
| 602 | 1-bed | 809 sqft | AED 1.76MAED 1,757,700 · Jun 2022June 2022 | 119,678 /yr | |
| 603 | Studio | 497 sqft | AED 1.29MAED 1,285,000 · Mar 2022March 2022 | ||
| 604 | 3-bed | 1,616 sqft | AED 3.49MAED 3,485,240 · Sep 2023September 2023 | 220,000 /yr | |
| 605 | 2-bed | 1,366 sqft | AED 2.34MAED 2,340,000 · Sep 2022September 2022 | 96,000 /yr | |
| 606 | Studio | 536 sqft | AED 968KAED 968,200 · Jun 2022June 2022 | 75,000 /yr | |
| 607 | Studio | 533 sqft | AED 967KAED 967,200 · Jun 2022June 2022 | 84,000 /yr | |
| 608 | Studio | 514 sqft | AED 954KAED 954,100 · Jun 2022June 2022 | 70,000 /yr | |
| 609 | 1-bed | 1,006 sqft | AED 1.15MAED 1,150,000 · Apr 2022April 2022 | ||
| 610 | 1-bed | 990 sqft | AED 1.18MAED 1,179,000 · Feb 2022February 2022 | ||
| 611 | Studio | 521 sqft | AED 820KAED 820,000 · May 2022May 2022 | 78,000 /yr | |
| 612 | Studio | 534 sqft | AED 860KAED 860,000 · Apr 2022April 2022 | 75,000 /yr | |
| 614 | 2-bed | 1,760 sqft | AED 2.23MAED 2,233,500 · Mar 2022March 2022 | ||
| 615 | Studio | 431 sqft | AED 1.21MAED 1,206,840 · Sep 2023September 2023 | 80,000 /yr | |
| 616 | 2-bed | 1,630 sqft | AED 3.02MAED 3,018,880 · Sep 2023September 2023 | ||
| 617 | Studio | 522 sqft | AED 1.15MAED 1,145,000 · Apr 2022April 2022 | ||
| 618 | 1-bed | 810 sqft | AED 2.26MAED 2,259,600 · Jan 2023January 2023 | ||
| 619 | 1-bed | 810 sqft | AED 2.39MAED 2,387,400 · Nov 2022November 2022 | ||
| 620 | Studio | 526 sqft | AED 1.19MAED 1,190,000 · Jan 2025January 2025 |
613, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 11 April 2022 for AED 860,000, or AED 1,587 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 9,500 a year (AED 17.47 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 2,321 per sqft.
Source: Dubai Land Department. Updated 10 August 2024.
Questions about 613, Elite Downtown Residence
What did unit 613 last sell for?
AED 860,000 on 11 April 2022, sold by the developer: AED 1,587 per sqft for 542 sqft. It is the only registered sale of the unit.
What is the rent for unit 613?
AED 70,000 a year on the contract signed on 10 August 2024.
How big is unit 613?
542 sqft (50.4 sqm): a studio on the 6th floor of a 23-storey tower completed in 2022.
What is unit 613 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 2,309 per sqft.
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Mortgage on 613, Elite Downtown Residence
Starts from the last sale price (AED 860K, 11 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →