Elite Downtown Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Triplanet Range
469
Total Units
455
Sold
AED 1,325,000
Median Price
AED 2,010
Median Price /sqft
Construction progress: 100% (As of Feb-2022)
Start: Jan, 2014Completion: Feb, 2022

Elite Downtown Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio230430 sqft - 540 sqftAED 1.1M (2,210 /sqft)AED 3,830 /sqft
-42.21
1 Bed138810 sqft - 1,010 sqftAED 2.1M (2,550 /sqft)AED 2,700 /sqft
-5.6
2 Beds691,360 sqft - 1,760 sqftAED 2.5M (1,870 /sqft)AED 2,840 /sqft
-34.24
3 Beds231,620 sqft - 1,620 sqftAED 3,450 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
3Apartment, 1004101,616 sqft21.59 sqft Check Availability
3Apartment, 1104111,616 sqft21.59 sqft Check Availability
3Apartment, 1404141,616 sqft21.59 sqft Check Availability
1Apartment, 1809181,006 sqft23.54 sqft Check Availability
1Apartment, 1810181,007 sqft24.83 sqft Check Availability
StudioApartment, 221322542 sqft9.47 sqft Check Availability
Commercial, SHOP-01703 sqft0 sqft Check Availability
Commercial, SHOP-02699 sqft0 sqft Check Availability
Commercial, SHOP-03749 sqft0 sqft Check Availability
Commercial, SHOP-04759 sqft0 sqft Check Availability
Commercial, SHOP-05765 sqft0 sqft Check Availability
Commercial, SHOP-06766 sqft0 sqft Check Availability
Commercial, SHOP-07767 sqft0 sqft Check Availability
Commercial, SHOP-08711 sqft0 sqft Check Availability
Commercial, SHOP-091,448 sqft0 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment807 sqft13.93 sqft 1AED 1,738,000AED 2,154 /sqft 19, Oct 2022
1Apartment1,003 sqft24.73 sqft 1AED 1,615,250AED 1,610 /sqft 20, Jun 2022
1Apartment806 sqft12.42 sqft 1AED 1,518,000AED 1,898 /sqft 14, Feb 2022
1Apartment821 sqft14.25 sqft 1AED 1,425,000AED 1,736 /sqft 07, Jun 2022
1Apartment1,002 sqft23.41 sqft 1AED 1,311,000AED 1,308 /sqft 18, Apr 2022
1Apartment807 sqft13.93 sqft 1AED 1,200,000AED 1,487 /sqft 19, May 2022
2Apartment1,628 sqft47.2 sqft 1AED 3,000,000AED 1,843 /sqft 19, Dec 2022
2Apartment1,363 sqft18.94 sqft 1AED 2,290,000AED 1,680 /sqft 01, Jun 2022
2Apartment1,760 sqft65.15 sqft 1AED 1,943,700AED 1,104 /sqft 20, Jan 2022
3Apartment1,616 sqft21.67 sqft 1AED 3,436,000AED 2,126 /sqft 25, Oct 2023
StudioApartment495 sqft9.48 sqft 1AED 1,100,000AED 2,222 /sqft 17, May 2022
StudioApartment433 sqft4.46 sqft 1AED 1,100,000AED 2,540 /sqft 25, Feb 2025
StudioApartment526 sqft12.68 sqft 1AED 1,050,000AED 1,996 /sqft 28, May 2024
StudioApartment524 sqft12.71 sqft 1AED 1,025,000AED 1,956 /sqft 30, May 2022
StudioApartment531 sqft9.56 sqft 1AED 960,000AED 1,808 /sqft 30, May 2022

Elite Downtown Residence Real Estate Data – FAQ

  • What is the current property supply in Elite Downtown Residence?

    Elite Downtown Residence has a total residential supply of approximately 111 units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in Elite Downtown Residence?

    Elite Downtown Residence recorded 29 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in Elite Downtown Residence?

    The median transaction price in Elite Downtown Residence is AED 2,200 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in Elite Downtown Residence?

    The gross rental yield in Elite Downtown Residence is approximately 6%, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in Elite Downtown Residence?

    Property prices in Elite Downtown Residence have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in Elite Downtown Residence?

    There are currently 0 active off-plan projects in Elite Downtown Residence, reflecting strong developer activity and future supply pipeline.

    #LIST_BADGE#
  • What is the future supply pipeline in Elite Downtown Residence?

    The total off-plan pipeline in Elite Downtown Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

    #LIST_BADGE#
  • Is Elite Downtown Residence a good area for property investment?

    Elite Downtown Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

    #LIST_BADGE#
  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

    #LIST_BADGE#
  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

    #LIST_BADGE#
  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Elite Downtown Residence, this is %, indicating relatively strong income performance compared to global markets.

    #LIST_BADGE#