1-bed · 810 sqftElite Downtown Residence, Downtown Dubai · 8th floor · completed 2022

818, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 2.18M21 July 2022
Current rentAED 100K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Elite Downtown Residence

What is 818 worth today?

Last sold for AED 2,175,000 in 2022

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22 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
24 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
21 Jul 2022Sold by developerReady
AED 2,175,000AED 2,686 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2025.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
8th of 23
Parking
P1-23
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 14,100 /yr
Last sold
AED 2.18M · July 2022

About 818, Elite Downtown Residence

818 is a one-bedroom apartment of 810 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 21 July 2022 for AED 2,175,000, or AED 2,686 per sqft, 59% above the AED 1,692 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 22 August 2025, is AED 100,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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, July 2022: AED 2,175,000 (AED 2,686 per sqft)

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

Rents
Unit 818, 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 100,000 a yearNew contract, August 2025: AED 100,000 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 818 sits

All 132 1-beds →

818 last sold in July 2022 at AED 2,686 per sqft, 59% above what one-beds in Elite Downtown Residence were fetching at the time (AED 1,692). 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. 818's AED 100,000 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 8th floor

All 454 units in Elite Downtown Residence
Value
8011-bedAED 2.55M · Jul 2022
8021-bedAED 2.81M · Jul 2022
803StudioAED 1.38M · May 2022
8043-bedAED 3.68M · Sep 2023
8052-bedAED 2.6M · Aug 2022
806StudioAED 856K · Mar 2022
807StudioAED 760K · Nov 2021
1–7 of 19

818, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 21 July 2022 for AED 2,175,000, or AED 2,686 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 14,100 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 22 August 2025.

Questions about 818, Elite Downtown Residence

What did unit 818 last sell for?

AED 2,175,000 on 21 July 2022, sold by the developer: AED 2,686 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 818?

AED 100,000 a year on the contract signed on 22 August 2025. The previous contract, from March 2024, was AED 100,000.

How big is unit 818?

810 sqft (75.3 sqm): a one-bedroom apartment on the 8th floor of a 23-storey tower completed in 2022.

What is unit 818 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 818, Elite Downtown Residence

Starts from the last sale price (AED 2.18M, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

Plus AED 96,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →