Elite Downtown Residence 1

Completed|469 units · 1 tower

Elite Downtown Residence 1 is a completed development by TRIPLANET ELITE DEVELOPEMENTS L.L.C in Downtown Dubai, comprising 469 registered units. 538 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,059 per sqft. At AED 2,059 per sqft, Elite Downtown Residence 1 prices 6% below the Downtown Dubai median of AED 2,188 per sqft on registered sales.

PIX© price · ↓9.6% YoY

1.61MAED

Typical

2,059AED

PSF

Gross yield

6.0%

PIX© rent ÷ PIX© price

Sale records

538

DLD · all time

Rent contracts

926

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai4 min · 1.1 km

DXB Airport16 min · 16.0 km

DIFC12 min · 5.3 km

Dubai Marina24 min · 22.7 km

Palm Jumeirah25 min · 25.0 km

Nearby · straight-line

Metro stationBusiness Bay1.9 km

MallSouk Al Bahar1 km

SchoolDubai International School2.4 km

HospitalMedcare Orthopaedics & Spine Hospital3.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

Studio on Floor 2, Elite Downtown Residence 1

Size
Record: Jun 2022 to Jan 2026
Owners: 4
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
3Tenant 3	18 Jan 2026			Renewal Owner 4
3Tenant 3	18 Jan 2025		12 mo	Owner 4
4Owner 4	22 Apr 2024		2.5 yrs	Current owner Sold with tenant in place
2Tenant 2	19 Jan 2024		12 mo	Owner 3
3Owner 3	15 Sep 2023		7 mo	Sold with tenant in place
1Tenant 1	19 Jan 2023		12 mo	Owner 2
2Owner 2	8 Jun 2022		15 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 2 · Elite Downtown Residence 1

Nightly rateAED

Occupancy (237 nights)

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Elite Downtown Residence 12,059AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 431 - 1,760 sqft	469	1.61M	2,059	↓9.6%		96K	6.0%
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-Wide538 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
7 Oct 2026	1 Bed	Elite Downtown Residence 1 · Floor 5	807	1,600,000	1,982	+10.0%	Standard	Standard Sale
18 Sep 2026	Studio	Elite Downtown Residence 1 · Floor 15	431	950,000	2,203	+1.5%	Standard	Standard Sale
18 Sep 2026	Studio	Elite Downtown Residence 1 · Floor 6	534	935,000	1,752	+8.7%	Entry Level	Standard Sale

Rentals - Project-Wide926 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
9 Dec 2026	Studio	Elite Downtown Residence 1 · Floor 7	526	72,000	137	-	Standard	CONTRACT
2 Nov 2026	1 Bed	Elite Downtown Residence 1 · Floor 7	810	105,000	130	-	Standard	CERTIFICATE
2 Nov 2026	3 Bed	Elite Downtown Residence 1 · Floor 20	1,616	240,000	149	-	Premium	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Elite Downtown Residence 1

Compared with

Boulevard Central Podium

PIX© PSF

2,123

Rank

#12 of 20

#11 of 20

Typical price

1.57M

Yield

6.3%

Units

469

Sales

154

Rents

799

113

Developer

TRIPLANET ELITE DEVELOPEMENTS L.L.C

EMAAR

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Claren Towers EMAAR · Completed	349					117	770
	Standpoint Tower 2 EMAAR · Completed	191					73	453
	Boulevard Central Towers EMAAR · Completed	427					158	1,029
	Claren Tower 2 EMAAR · Completed	155					50	362
	Boulevard Central Podium EMAAR · Completed	47					14	113
12	Elite Downtown Residence 1 TRIPLANET ELITE DEVELOPEMENTS L.L.C · Completed	469	2,123	Subject	1.57M	6.3%	154	799
	29 Burj Boulevard EMAAR · Completed	755					334	1,718
	29 Burj Boulevard Tower 2 EMAAR · Completed	374					140	866
	Damac Maison The Distinction DAMAC · Completed	308					91	480
	Upper Crest DAMAC · Completed	398					128	1,137
	Burj Views EMAAR · Completed	747					292	1,792

Community median 2,188 AED/sqft. Showing the closest-ranked peers of 20 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. 21 excluded for trading only in the off-plan market. 40 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

29 Burj Boulevard Tower 2AED 2,036/sqft
Damac Maison The DistinctionAED 2,013/sqft
29 Burj BoulevardAED 2,113/sqft
Upper CrestAED 1,977/sqft
Boulevard Central PodiumAED 2,147/sqft
Claren Tower 2AED 2,188/sqft

Common questions about Elite Downtown Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Elite Downtown Residence 1 cost?

Property in Elite Downtown Residence 1 sells at a current PIX© price of AED 2,059 per sqft, or about AED 1,612,939 for a typical unit, based on 538 sales registered with the Dubai Land Department.

Is Elite Downtown Residence 1 completed?

Yes. Elite Downtown Residence 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Elite Downtown Residence 1?

Elite Downtown Residence 1 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 1?

Elite Downtown Residence 1 yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 926 registered Ejari contracts.

How many units are in Elite Downtown Residence 1?

Elite Downtown Residence 1 holds 469 registered units, per the Dubai Land Department unit register.

Have prices in Elite Downtown Residence 1 gone up or down?

Price per sqft has fallen -9.6% over the last 12 months, to AED 2,059, across 538 registered sales.