ELITE DOWNTOWN RESIDENCE
15 registered apartment sales between 16/01/2026 and 30/07/2026. Every figure on this page is a price someone actually paid.
- Per square foot
- 2,213 AED
- median of all registered sales
- Median of one apartment
- 1,188,000 AED
- at 49 m² average size
- Gross yield
- 5.9 %
- from 104 tenancy contracts in the building
- Registered sales
- 15
- existing apartments, excluding off-plan
The median registered annual rent in this building is 84,500 AED. The resulting yield is gross: service charge, vacancy, management and the 4 percent registration fee are not yet deducted.
What each unit size cost
Small apartments almost always cost more per square foot than large ones. Comparing total prices without naming the unit size compares nothing.
| Unit size | Sales | Size | Per sqft | Median |
|---|---|---|---|---|
| Studio | 12 | 49 m² | 2,214 | 1,140,000 AED |
Unit sizes with fewer than three sales are not listed.
Month by month
The median per square foot and how many sales stand behind it. A month with three contracts says little, which is why the count is shown alongside.
Months marked with * carry considerably fewer sales than the strongest month; their median fluctuates accordingly.
What these figures do not say
A median across a whole building says nothing about the floor, the orientation, the condition or the view. Between an apartment on the fourth floor facing the road and the same apartment on the fortieth facing the water, Dubai regularly shows 30 percent, and none of these features appears in the register.
The figures cover existing apartments. Off-plan is excluded, because a payment plan spread over three years is not a price you can set against an apartment paid for immediately. Also excluded are retail units, offices and hotel room shares, which the register lists at the same address.
Other buildings in Downtown Dubai
An offer on the table in this building?
Then what counts is not the building's median but the comparison with sales of the same unit size. We hold the quoted price against them and tell you in dirhams how far off it is. As a buyer's agent we work on your side of the table.
Data source: Dubai Land Department, open transaction data. Existing apartments are evaluated from 10 registered sales per building. These figures are market observation and not investment advice.