Market bulletin · Thu, 22 Oct 2026
Elite Downtown Residence: 1 sales worth AED 1.60M in 30 days
Elite Downtown Residence recorded 1 sale worth AED 1.60M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Downtown Dubai, Elite Downtown Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Triplanet Range Group.
Leases registered in the last three months had a median annual rent of AED 73K. The best gross yield is on Studio apartments at about 6.8%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,378 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 2,123 |
| Jul 25 | — |
| Jun 25 | AED 2,285 |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 2,182 |
| Jan 25 | AED 2,240 |
| Dec 24 | AED 2,092 |
| Nov 24 | AED 2,696 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 5 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.60M | — | — |
| Last 3 months | 2 | down 66.7% | AED 2.70M | — | — |
| Last 6 months | 8 | down 33.3% | AED 11.4M | 1,994 | down 14.1% |
| Last 12 months | 20 | down 69.7% | AED 27.2M | 2,120 | down 2.6% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 20 | 100% | AED 1.19M | 2,120 | down 2.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 15 | 75% | AED 1.10M | 2,213 | down 1.0% |
| 1 bedroom | 3 | 15% | — | — | — |
| 2 bedrooms | 2 | 10% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 17 | 85% | AED 1.18M | 2,026 | down 7.1% |
| AED 2M–10M | 3 | 15% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 75K |
| Sept 26 | AED 74K |
| Aug 26 | AED 70K |
| Jul 26 | AED 83K |
| Jun 26 | AED 69K |
| May 26 | AED 73K |
| Apr 26 | AED 70K |
| Mar 26 | — |
| Feb 26 | AED 108K |
| Jan 26 | AED 110K |
| Dec 25 | AED 110K |
| Nov 25 | AED 100K |
| Oct 25 | AED 105K |
| Sept 25 | AED 88K |
| Aug 25 | AED 82K |
| Jul 25 | AED 78K |
| Jun 25 | AED 105K |
| May 25 | AED 75K |
| Apr 25 | AED 98K |
| Mar 25 | AED 127K |
| Feb 25 | AED 85K |
| Jan 25 | AED 108K |
| Dec 24 | AED 97K |
| Nov 24 | AED 110K |
- Leases (12M)
- 242
- New leases
- 65.7%
- Median rent 3M
- AED 73K
- Rent/sqft 3M
- AED 120
| Studio apartments | AED 75K / AED 1.10M | 6.8% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 97 | AED 75K | AED 70K | 140 |
| 1 BR | 74 | AED 105K | AED 105K | 124 |
| 2 BR | 21 | AED 170K | AED 170K | 120 |
Competing projects in Downtown Dubai
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti SkybladeBinghatti | 382 | 3,909 | — |
| Fairmont Residences Solara TowerSOL Properties | 41 | 3,740 | — |
| Burj KhalifaEmaar Properties | 78 | 2,739 | down 2.5% |
| Baccarat Hotel Downtown Dubai T2H&H Investment and Development | 15 | 5,156 | — |
| The Address The BLVDEmaar Properties | 38 | 3,541 | — |
| The Address Downtown HotelEmaar Properties | 50 | 3,410 | — |
| Imperial AvenueSp International Property Developers | 52 | 2,422 | — |
| St. Regis Residences Tower 1Emaar Properties | 48 | 3,307 | — |
| Grande Signature ResidencesEmaar Properties | 44 | 3,094 | — |
| The Address Residences Dubai Opera T2Emaar Properties | 30 | 3,044 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.60M | 1 BR Apartment · 807 sqftElite Downtown Residence · Downtown Dubai | 7 Oct |
| AED 1.10M | Studio Apartment · 497 sqftElite Downtown Residence · Downtown Dubai | 30 Jul |
Questions about Elite Downtown Residence
How many properties were sold in Elite Downtown Residence in the last year?
20 sales worth AED 27.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Elite Downtown Residence?
The median annual rent on leases registered in the last three months was AED 73K, and the best gross rental yield is about 6.8%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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