805, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 805, Elite Downtown Residence
What is 805 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,366 sqft
- Floor
- 8th of 23
- Parking
- P1-51
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 23,900 /yr
- Last sold
- AED 2.6M · August 2022
- Building
- Elite Downtown Residence
About 805, Elite Downtown Residence
805 is a two-bedroom apartment of 1,366 sqft on the 8th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 5 August 2022 for AED 2,601,300, or AED 1,904 per sqft, 20% above the AED 1,590 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 4 November 2023, is AED 180,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 23,900 a year.
Sales and rents for 805 over time
805 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 805 sits
All 68 2-beds →805 last sold in August 2022 at AED 1,904 per sqft, 20% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,590). 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. 805's AED 180,000 is in the lower half of that range.
| 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. 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,321
- Typical sale
- AED 1.23M
- Typical rent
- AED 105K /yr
- Typical yield
- 6.3%
Other units on the 8th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 824 sqft | AED 2.55MAED 2,550,000 · Jul 2022July 2022 | 105,000 /yr | |
| 802 | 1-bed | 809 sqft | AED 2.81MAED 2,808,000 · Jul 2022July 2022 | ||
| 803 | Studio | 497 sqft | AED 1.38MAED 1,382,400 · May 2022May 2022 | ||
| 804 | 3-bed | 1,616 sqft | AED 3.68MAED 3,684,600 · Sep 2023September 2023 | ||
| 806 | Studio | 536 sqft | AED 856KAED 856,000 · Mar 2022March 2022 | ||
| 807 | Studio | 533 sqft | AED 760KAED 760,000 · Nov 2021November 2021 | 70,000 /yr | |
| 808 | Studio | 514 sqft | AED 748KAED 747,900 · Mar 2022March 2022 | ||
| 809 | 1-bed | 994 sqft | AED 1.19MAED 1,186,200 · Mar 2022March 2022 | ||
| 810 | 1-bed | 994 sqft | AED 1.19MAED 1,186,200 · Mar 2022March 2022 | 115,000 /yr | |
| 811 | Studio | 521 sqft | AED 785KAED 785,000 · May 2022May 2022 | ||
| 812 | Studio | 534 sqft | AED 766KAED 765,900 · Feb 2022February 2022 | 66,150 /yr | |
| 813 | Studio | 542 sqft | AED 1.04MAED 1,041,600 · Jun 2022June 2022 | ||
| 814 | 2-bed | 1,760 sqft | AED 2.4MAED 2,400,000 · Jan 2025January 2025 | ||
| 815 | Studio | 431 sqft | AED 1.28MAED 1,278,040 · Sep 2023September 2023 | ||
| 816 | 2-bed | 1,630 sqft | AED 3.23MAED 3,225,000 · Jun 2022June 2022 | ||
| 817 | Studio | 522 sqft | AED 1MAED 1,000,000 · Dec 2025December 2025 | ||
| 818 | 1-bed | 810 sqft | AED 2.18MAED 2,175,000 · Jul 2022July 2022 | 100,000 /yr | |
| 819 | 1-bed | 810 sqft | AED 1.1MAED 1,096,200 · Feb 2022February 2022 | 105,000 /yr | |
| 820 | Studio | 526 sqft | AED 1.31MAED 1,310,400 · May 2023May 2023 |
805, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 5 August 2022 for AED 2,601,300, or AED 1,904 per sqft.
- Rented since November 2022 on 2 Ejari contracts, from AED 160,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 23,900 a year (AED 17.47 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 2,321 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2023.
Questions about 805, Elite Downtown Residence
What did unit 805 last sell for?
AED 2,601,300 on 5 August 2022, sold by the developer: AED 1,904 per sqft for 1,366 sqft. It is the only registered sale of the unit.
What is the rent for unit 805?
AED 180,000 a year on the contract renewed on 4 November 2023. The previous contract, from November 2022, was AED 160,000.
How big is unit 805?
1,366 sqft (126.9 sqm): a two-bedroom apartment on the 8th floor of a 23-storey tower completed in 2022.
What is unit 805 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 805, Elite Downtown Residence
Starts from the last sale price (AED 2.6M, 5 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,601,300
- Deposit, UAE resident (20%)
- AED 520,260
- Deposit, non-resident (40%)
- AED 1,040,520
- Monthly over 25 years at 3.7%
- AED 10,643
Plus AED 114,265 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →