SaleReady

Elite Downtown Residence, Downtown Dubai

Located in Downtown Dubai, Dubai. Its price per sqft is +15% vs the Elite Downtown Residence median (AED 2,026/sqft).

All Downtown Dubai sales Elite Downtown Residence prices

Sale price

AED 1,230,000

Per sqft: AED 2,340
Registered: 23 Jul 2026, 15:25 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P4-42).

Comparable sales

02 / The property

Property details

Size: 526 sqft · 48.83 m²
Bedrooms: Studio
Registered as: Sale
Property sub-type: Flat
Usage: Residential
Tenure: Freehold
Parking: P4-42
Nearest metro: Business Bay Metro Station
Nearest mall: Dubai Mall
Nearest landmark: Downtown Dubai

03 / Comparables

All sales in Elite Downtown Residence (16 Jan 2026 – 7 Oct 2026)

19 market sales. Percentages compare each sale with this one.

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2 visible

Comparable market sales. Change is relative to the selected sale.
Sale record	Recorded	Value · AED	AED / sqft
1 BR · 807 sqftReady	7 Oct 2026	1.6M+30% vs selected	1,982−15% vs selected
Studio · 534 sqftReady	18 Sept 2026	935K−24% vs selected	1,752−25% vs selected
1 BR · 807 sqftReady	17 Sept 2026	1.47M+20% vs selected	1,824−22% vs selected
Studio · 534 sqftReady	16 Sept 2026	1.02M−17% vs selected	1,910−18% vs selected
1 BR · 807 sqftReady	15 Sept 2026	1.38M+12% vs selected	1,705−27% vs selected

19 sales to compare

Guests see the latest 5 transactions of each project and community. Create an account to compare this sale with all of them.

04 / Renting it out

What similar apartments rent for

Median of 6 market rents of apartments of 447–604 sq ft in Elite Downtown Residence. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts

Median rent / yr: AED 62,500
Per sqft / yr: AED 121/sqft
Gross yield: 5.1%