908, Elite Downtown Residence
Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Elite Downtown Residence
What is 908 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 514 sqft
- Floor
- 9th of 23
- Parking
- P1-33
- Developer
- Triplanet Elite Developements
- Completed
- 2022
- Service charge
- AED 9,000 /yr
- Last sold
- AED 822K · April 2022
- Building
- Elite Downtown Residence
About 908, Elite Downtown Residence
908 is a studio of 514 sqft on the 9th floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 7 April 2022 for AED 822,150, or AED 1,598 per sqft, 5% below the AED 1,681 studios in the building were fetching at the time.
One Ejari contract is registered, from 24 May 2023. The current contract, signed on 24 May 2023, is AED 72,610 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 9,000 a year.
Sales and rents for 908 over time
908 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 908 sits
All 213 studios →908 last sold in April 2022 at AED 1,598 per sqft, 5% 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 2,133 per sqft, and rent for AED 72,000 to 110,000 a year. 908's AED 72,610 is in the lower half 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. 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 9th floor
All 454 units in Elite Downtown Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 824 sqft | AED 2.17MAED 2,165,000 · May 2022May 2022 | 135,000 /yr | |
| 902 | 1-bed | 809 sqft | AED 2.4MAED 2,404,050 · Jun 2022June 2022 | ||
| 903 | Studio | 497 sqft | AED 1.51MAED 1,506,600 · Jun 2022June 2022 | ||
| 904 | 3-bed | 1,616 sqft | AED 4.76MAED 4,755,750 · Dec 2022December 2022 | ||
| 905 | 2-bed | 1,366 sqft | AED 2.62MAED 2,620,000 · Jan 2023January 2023 | ||
| 906 | Studio | 536 sqft | AED 949KAED 948,600 · Jun 2022June 2022 | 75,000 /yr | |
| 907 | Studio | 533 sqft | AED 958KAED 957,900 · Jun 2022June 2022 | 74,799 /yr | |
| 909 | 1-bed | 1,006 sqft | AED 1.19MAED 1,190,000 · Aug 2022August 2022 | 115,000 /yr | |
| 910 | 1-bed | 1,007 sqft | AED 1.83MAED 1,830,400 · Sep 2022September 2022 | ||
| 911 | Studio | 521 sqft | AED 935KAED 934,650 · Jun 2022June 2022 | 60,000 /yr | |
| 912 | Studio | 534 sqft | AED 960KAED 960,000 · Mar 2022March 2022 | ||
| 913 | Studio | 542 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 80,000 /yr | |
| 914 | 2-bed | 1,760 sqft | AED 2.46MAED 2,456,400 · Sep 2023September 2023 | ||
| 915 | Studio | 431 sqft | AED 1.31MAED 1,313,640 · Sep 2023September 2023 | ||
| 916 | 2-bed | 1,630 sqft | AED 3.5MAED 3,500,000 · Mar 2024March 2024 | 165,000 /yr | |
| 917 | Studio | 522 sqft | AED 1.1MAED 1,100,000 · May 2022May 2022 | 73,000 /yr | |
| 918 | 1-bed | 810 sqft | AED 2MAED 2,002,000 · Sep 2023September 2023 | ||
| 919 | 1-bed | 810 sqft | AED 1.45MAED 1,445,000 · Apr 2022April 2022 | ||
| 920 | Studio | 526 sqft | AED 1.01MAED 1,010,000 · Apr 2022April 2022 | 85,000 /yr |
908, Elite Downtown Residence in numbers
- Sold once: by Triplanet Elite Developements on 7 April 2022 for AED 822,150, or AED 1,598 per sqft.
- Rented since May 2023 on one Ejari contract, at AED 72,610 a year.
- At AED 72,610 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 9,000 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 2,309 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2023.
Questions about 908, Elite Downtown Residence
What did unit 908 last sell for?
AED 822,150 on 7 April 2022, sold by the developer: AED 1,598 per sqft for 514 sqft. It is the only registered sale of the unit.
What is the rent for unit 908?
AED 72,610 a year on the contract signed on 24 May 2023.
How big is unit 908?
514 sqft (47.8 sqm): a studio on the 9th floor of a 23-storey tower completed in 2022.
What is unit 908 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 2,133 per sqft.
Selling 908? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 908, Elite Downtown Residence
Starts from the last sale price (AED 822K, 7 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 822,150
- Deposit, UAE resident (20%)
- AED 164,430
- Deposit, non-resident (40%)
- AED 328,860
- Monthly over 25 years at 3.7%
- AED 3,364
Plus AED 39,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →