816, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 816, Elite Downtown Residence
What is 816 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 8th of 23
- Parking
- P2-49
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 28,500 /yr
- Last sold
- AED 3.23M · June 2022
- Building
- Elite Downtown Residence
About 816, Elite Downtown Residence
816 is a two-bedroom apartment of 1,630 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 17 June 2022 for AED 3,225,000, or AED 1,978 per sqft, 27% above the AED 1,559 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 816 over time
816 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 816 sits
All 68 2-beds →816 last sold in June 2022 at AED 1,978 per sqft, 27% above what two-beds in Elite Downtown Residence were fetching at the time (AED 1,559). 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.
| 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. 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 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 | ||
| 805 | 2-bed | 1,366 sqft | AED 2.6MAED 2,601,300 · Aug 2022August 2022 | 180,000 /yr | |
| 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 | ||
| 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 |
816, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 17 June 2022 for AED 3,225,000, or AED 1,978 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 2,309 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2022.
Questions about 816, Elite Downtown Residence
What did unit 816 last sell for?
AED 3,225,000 on 17 June 2022, sold by the developer: AED 1,978 per sqft for 1,630 sqft. It is the only registered sale of the unit.
How big is unit 816?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 8th floor of a 23-storey tower completed in 2022.
What is unit 816 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 816, Elite Downtown Residence
Starts from the last sale price (AED 3.23M, 17 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,225,000
- Deposit, UAE resident (20%)
- AED 645,000
- Deposit, non-resident (40%)
- AED 1,290,000
- Monthly over 25 years at 3.7%
- AED 13,194
Plus AED 140,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →