Dubai project data
ELITE DOWNTOWN RESIDENCE: rents and rent contracts
ايليت داون تاون رزيدنس
Registered sales and rent contracts for the project ELITE DOWNTOWN RESIDENCE in Downtown Dubai, from Dubai Land Department open data.
ELITE DOWNTOWN RESIDENCE (Downtown Dubai): 222 registered rent contracts in the 12 months to September 2026, median annual rent AED 90,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.2m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 90,000
- Gross rental yield
- under 30 sales (29)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in ELITE DOWNTOWN RESIDENCE
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 29 | AED 2,203 per sq ft | 1,915 – 2,340 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in ELITE DOWNTOWN RESIDENCE
- Median annual rent per sq ft
- AED 130 per sq ft
- Gross rental yield
- under 30 sales (29)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 29 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in ELITE DOWNTOWN RESIDENCE
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 21 | AED 2,213 per sq ft | AED 72,568 | under 30 sales (21) |
| 1 bedroom | 3 | AED 2,554 per sq ft | AED 105,000 | under 30 sales (3) |
| 2 bedrooms | 5 | AED 1,867 per sq ft | AED 170,000 | under 30 sales (5) |
| 3 bedrooms | under 3 | under 3 | AED 230,000 | under 3 sales |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in ELITE DOWNTOWN RESIDENCE
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 26 |
| Nov 2024 | 5 | AED 2,782 per sq ft | 31 |
| Dec 2024 | 7 | AED 2,094 per sq ft | 17 |
| Jan 2025 | 7 | AED 2,268 per sq ft | 16 |
| Feb 2025 | 5 | AED 2,471 per sq ft | 15 |
| Mar 2025 | 4 | AED 2,160 per sq ft | 27 |
| Apr 2025 | 3 | AED 2,413 per sq ft | 16 |
| May 2025 | under 3 | under 3 | 16 |
| Jun 2025 | 6 | AED 2,123 per sq ft | 8 |
| Jul 2025 | 3 | AED 2,064 per sq ft | 11 |
| Aug 2025 | 7 | AED 2,157 per sq ft | 17 |
| Sep 2025 | 3 | AED 2,236 per sq ft | 31 |
| Oct 2025 | 4 | AED 2,157 per sq ft | 24 |
| Nov 2025 | under 3 | under 3 | 35 |
| Dec 2025 | 5 | AED 2,378 per sq ft | 16 |
| Jan 2026 | 3 | AED 2,310 per sq ft | 20 |
| Feb 2026 | under 3 | under 3 | 15 |
| Mar 2026 | under 3 | under 3 | 11 |
| Apr 2026 | under 3 | under 3 | 7 |
| May 2026 | under 3 | under 3 | 14 |
| Jun 2026 | 3 | AED 1,944 per sq ft | 13 |
| Jul 2026 | under 3 | under 3 | 18 |
| Aug 2026 | under 3 | under 3 | 16 |
| Sep 2026 | under 3 | under 3 | 33 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2021 | 27 | AED 1,557 per sq ft |
| 2022 | 331 | AED 1,870 per sq ft |
| 2023 | 80 | AED 2,386 per sq ft |
| 2024 | 31 | AED 2,196 per sq ft |
| 2025 | 49 | AED 2,236 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
ELITE DOWNTOWN RESIDENCE is a project in the DLD area Burj Khalifa.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Downtown Dubai
- BLVD HEIGHTS 322 registered transactions and rent contracts in 12 months.
- BELLEVUE TOWERS 193 registered transactions and rent contracts in 12 months.
- RP HEIGHTS 183 registered transactions and rent contracts in 12 months.
- BURJ AL NUJOOM 179 registered transactions and rent contracts in 12 months.
- CLAREN 1 174 registered transactions and rent contracts in 12 months.
- UPPER CREST 169 registered transactions and rent contracts in 12 months.
Questions about ELITE DOWNTOWN RESIDENCE
- How many sales were registered in ELITE DOWNTOWN RESIDENCE?
- 29 sales were registered in ELITE DOWNTOWN RESIDENCE in Oct 2025 – Sep 2026.
- What is the median price per sq ft in ELITE DOWNTOWN RESIDENCE?
- The median price of registered sales in ELITE DOWNTOWN RESIDENCE was AED 2,203 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in ELITE DOWNTOWN RESIDENCE?
- The median annual rent of registered rent contracts in ELITE DOWNTOWN RESIDENCE was AED 90,000 in Oct 2025 – Sep 2026.
- Which DLD area is ELITE DOWNTOWN RESIDENCE in?
- ELITE DOWNTOWN RESIDENCE is registered in the Dubai Land Department area Burj Khalifa (Downtown Dubai).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae