PropertyIndex

Elite Downtown Residence

Completed · Q1 2022|469 units · 1 tower

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Elite Downtown Residence is a completed apartment development by TRIPLANET ELITE DEVELOPEMENTS L.L.C in Downtown Dubai, Burj Khalifa, comprising 469 registered units. 534 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,289 per sqft. At AED 2,289 per sqft, Elite Downtown Residence prices 25% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 2.2% YoY
1.90MAED
Typical
2,289AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
534
DLD · all time
Rent contracts
862
Ejari · all time
Elite Downtown Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
431 – 1,760 sqft
4691.90M2,2892.2%98K5.2%
Residential
Studio · Apartment
431 – 542 sqft
230
1 Bed · Apartment
806 – 1,007 sqft
138
2 Bed · Apartment
1,363 – 1,760 sqft
69
3 Bed · Apartment
1,616 sqft
23
Commercial
Shop
699 – 1,448 sqft
9
Sales — Project-Wide534 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
30 Jul 2026Floor 74971,100,0002,213-12.7%StandardStandard Sale
23 Jul 2026Floor 215261,230,0002,340+1.2%PremiumStandard Sale
9 Jun 2026Floor 165331,080,0002,026+13.7%StandardStandard Sale
Rentals — Project-Wide862 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 442 rentals
Floors 1-5 · 104 rentals
Floors 6-18 · 253 rentals
Floors 19-23 · 85 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
22 Aug 20261 Bed81080,00099Entry Levelrenewal
15 Aug 2026StudioFloor 1153465,000122-7.4%Standardnew
14 Aug 2026StudioFloor 253160,000113-14.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Elite Downtown Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Elite Downtown Residence cost?

Property in Elite Downtown Residence sells at a current PIX© price of AED 2,289 per sqft, or about AED 1,900,238 for a typical unit, based on 534 sales registered with the Dubai Land Department.

Is Elite Downtown Residence completed?

Yes. Elite Downtown Residence is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of Elite Downtown Residence?

Elite Downtown Residence is developed by TRIPLANET ELITE DEVELOPEMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Elite Downtown Residence?

Elite Downtown Residence yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 862 registered Ejari contracts.

How many units are in Elite Downtown Residence?

Elite Downtown Residence holds 469 registered units, per the Dubai Land Department unit register.

Have prices in Elite Downtown Residence gone up or down?

Price per sqft has risen +2.2% over the last 12 months, to AED 2,289, across 534 registered sales.