Bedroom typeDowntown Dubai · Triplanet Elite Developements · 2022

Studios in Elite Downtown Residence

Studios in Downtown Dubai. 5 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 21 February 2026
Typical price per sqftAED 2,3095 sales
Typical saleAED 1.19M5 sales
Typical rentAED 85K /yrAED 159 per sqft
Typical yield6.9%AED 17.47/sqft charge

For sale with OpenOffers in Downtown Dubai

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Selling in Elite Downtown Residence?

Put it on the board next to these. Every offer is public, buyers are verified before they can offer, and the building's own sales history sits right here under it.

About the studios in Elite Downtown Residence

Elite Downtown Residence has 213 studios, 47% of its 454 apartments, at 431 to 542 sqft. They are the most traded homes in the building: 7 of the 10 sales registered in the last 12 months were studios. The service charge is AED 17.47 per sqft a year.

5 studios sold in the 12 months to February 2026, at a median of AED 2,309 per sqft. The median sale was AED 1,190,000, from AED 1,000,000 to 1,250,000, against a median of AED 2,321 per sqft for the building as a whole. 24 contracts registered over the same 12 months rented them for AED 72,000 to 110,000 a year, a gross yield of about 6.9% before the service charge.

Studios
213
Share of building
47%
Size
431–542 sqft
Last sale
27 January 2026
Building
Elite Downtown Residence

Downtown Dubai, Dubai

Average prices in Elite Downtown Residence

Studios in Elite Downtown Residence sell for around AED 1,190,000, or AED 2,309 per sqft, close to the building average. The other types: AED 2,130,000 for one-beds and AED 1,250,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Elite Downtown Residence

2,0002,200May 2026Nov 20262025-12-11: AED 2,378, Studio, 526 sqft2025-12-17: AED 1,914, Studio, 522 sqft2026-01-16: AED 2,309, Studio, 514 sqft2026-01-21: AED 1,914, Studio, 522 sqft2026-01-27: AED 2,333, Studio, 514 sqftTrend: AED 2,160 to AED 2,177

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Elite Downtown Residence

  • CompletedStudio · 514 sqft 27 Jan 2026AED 1,200,0002,333 /sqft
  • CompletedStudio · 522 sqft 21 Jan 2026AED 1,000,0001,915 /sqft
  • CompletedStudio · 514 sqft 16 Jan 2026AED 1,188,0002,310 /sqft
  • CompletedStudio · 522 sqft 17 Dec 2025AED 1,000,0001,915 /sqft
  • CompletedStudio · 525 sqft 11 Dec 2025AED 1,250,0002,378 /sqft
  • CompletedStudio · 521 sqft 23 Jul 2025AED 1,145,0002,196 /sqft
  • CompletedStudio · 541 sqft 04 Jul 2025AED 1,100,0002,031 /sqft
  • CompletedStudio · 533 sqft 04 Jul 2025AED 1,100,0002,064 /sqft
  • CompletedStudio · 541 sqft 25 Jun 2025AED 1,150,0002,123 /sqft
  • CompletedStudio · 536 sqft 24 Jun 2025AED 1,050,0001,958 /sqft

Over the last 12 months, Elite Downtown Residence has recorded 5 studio sales. Typical homes sold for around AED 1.19M (about AED 2,309 per sqft) with a median size of 522 sqft, from roughly AED 1M to AED 1.25M.

1–10 of 246

Studios in Elite Downtown Residence

213 units
  • Unit 103Studio · 495 sqftSold AED 1.1M, May 2022
  • Unit 106Studio · 536 sqftSold AED 921K, Jul 2022
  • Unit 107Studio · 531 sqftSold AED 956K, Jun 2022
  • Unit 108Studio · 516 sqftSold AED 955K, Jun 2022
  • Unit 111Studio · 524 sqftSold AED 950K, May 2022
  • Unit 112Studio · 531 sqftSold AED 960K, May 2022
  • Unit 113Studio · 541 sqftSold AED 882K, Aug 2022
  • Unit 115Studio · 433 sqftSold AED 1.1M, Feb 2025
  • Unit 117Studio · 524 sqftSold AED 1.03M, May 2022
  • Unit 120Studio · 526 sqftSold AED 1.05M, May 2024
1–10 of 213
Every unit in Elite Downtown Residence, by number

Nearby in Downtown Dubai

All 102 →
BuildingSale /sqftYield
South Ridge Towers 3AED 2,0535.7%
South Ridge Towers 2Few sales
South Ridge Towers 4AED 1,9836.2%
South Ridge Towers 5AED 1,8336.6%
South Ridge Towers 1AED 2,1095.8%
1–5 of 101 · nearest first

Elite Downtown Residence studios in numbers

  • Across 5 DLD sales in the 12 months to February 2026, the median price in Studios in Elite Downtown Residence was AED 2,309 per sqft and the typical home sold for about AED 1.19M.
  • Completed in 2022 by Triplanet Elite Developements ; 23 floors of studios to three-beds; service charge AED 17.47 per sqft a year.
  • Studios of 431 to 542 sqft sold for AED 1,000,000 to 1,250,000 between December 2025 and January 2026, a median AED 2,309 per sqft.
  • A studio of 431 to 542 sqft rents for AED 72,000 to 110,000 a year on the 24 contracts registered in the last 12 months.
  • Gross rental yield 6.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 21 February 2026.

Questions

How much does a studio in Elite Downtown Residence cost?

5 studios sold in the 12 months to February 2026, for AED 1,000,000 to 1,250,000; the median was AED 1,188,000, or AED 2,309 per sqft.

How much is a studio for rent in Elite Downtown Residence?

About AED 85,000 a year: that is the median of the 24 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 72,000 to 110,000.

What is the rental yield in Elite Downtown Residence?

About 6.9% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Elite Downtown Residence?

AED 17.47 per sqft a year. For a typical 431 sqft home that is about AED 7,500 a year.

Who built Elite Downtown Residence and when?

Triplanet Elite Developements ; completed in 2022; 23 floors; 454 apartments.

How many studios are there in Elite Downtown Residence?

213, of 431 to 542 sqft, 47% of the building's 454 apartments.