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1-bed · 994 sqftElite Downtown Residence, Downtown Dubai · 7th floor · completed 2022

710, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 1.25M6 December 2021
Current rentAED 120K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Elite Downtown Residence

What is 710 worth today?

Last sold for AED 1,249,000 in 2021

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29 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 119 per sqft
28 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 119 per sqft
6 Dec 2021Sold by developerOff-plan
AED 1,249,000AED 1,256 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2025.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
7th of 23
Parking
P1-01
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 17,400 /yr
Last sold
AED 1.25M · December 2021
Building
Elite Downtown Residence

About 710, Elite Downtown Residence

710 is a one-bedroom apartment of 994 sqft on the 7th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 6 December 2021 for AED 1,249,000, or AED 1,256 per sqft, 19% below the AED 1,554 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 29 September 2025, is AED 120,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical one-bed in Elite Downtown Residence
1.5M2M202120232025Typical sale price by year: 2021 AED 1,258,800; 2022 AED 1,528,625; 2023 AED 2,274,840; 2024 AED 1,650,000; 2025 AED 1,950,000Sold by developer, December 2021: AED 1,249,000 (AED 1,256 per sqft)

710 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 710, each contractTypical one-bed in Elite Downtown Residence
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 105,000; 2024 AED 110,000; 2025 AED 108,000; 2026 AED 125,000New contract, March 2024: AED 120,000 a yearNew contract, September 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Elite Downtown Residence, and where 710 sits

All 132 1-beds →

710 last sold in December 2021 at AED 1,256 per sqft, 19% below what one-beds in Elite Downtown Residence were fetching at the time (AED 1,554). Over the last 12 months one-beds sold for AED 2,065,000 to 2,190,000, around AED 2,635 per sqft, and rent for AED 97,000 to 145,000 a year. 710's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20252,190,000
26 Jun 20251,900,000
19 Jun 20252,250,000
3 Mar 20251,650,000
2 1-bed sales in the last 12 months

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 7th floor

All 454 units in Elite Downtown Residence
Value
7011-bedAED 2.3M · Aug 2022
702AED 2.07M · Dec 2025
703StudioAED 1.26M · Jan 2022
7043-bedAED 4.19M · Jan 2025
7052-bedAED 2.5M · Aug 2022
706StudioAED 827K · Apr 2022
707StudioAED 1.13M · Aug 2022
1–7 of 19

710, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 6 December 2021 for AED 1,249,000, or AED 1,256 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 17,400 a year (AED 17.47 per sqft).
  • One-beds in Elite Downtown Residence sold for AED 2,065,000–2,190,000 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 29 September 2025.

Questions about 710, Elite Downtown Residence

What did unit 710 last sell for?

AED 1,249,000 on 6 December 2021, sold by the developer: AED 1,256 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 120,000 a year on the contract signed on 29 September 2025. The previous contract, from March 2024, was AED 120,000.

How big is unit 710?

994 sqft (92.3 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower completed in 2022.

What is unit 710 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Downtown Residence sold for AED 2,065,000 to 2,190,000 in the last 12 months, around AED 2,635 per sqft.

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Mortgage on 710, Elite Downtown Residence

Starts from the last sale price (AED 1.25M, 6 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,249,000
Deposit, UAE resident (20%)
AED 249,800
Deposit, non-resident (40%)
AED 499,600
Monthly over 25 years at 3.7%
AED 5,110

Plus AED 57,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →