Elite Downtown Residence, Downtown Dubai
A resale studio in Elite Downtown Residence (2 towers) sells for about AED 1.09m
Figures for Elite Downtown Residence (2 towers): median of 18 resale studio sales in the 12 months to 26 Oct 2026, from Land Department records (26 resale sales of all sizes). Last sale in the tower: .
- The market says
- In Elite Downtown Residence (2 towers): 26 resales of all sizes in the 12 months to 26 Oct 2026 at AED 2,114 per sq ft; 1 home for sale now.
“Elite Downtown Residence (2 towers) had 26 resales of all sizes in the 12 months to 26 Oct 2026 at about AED 2,114 per sq ft, but too few owners have sold twice for me to quote a return. Few homes are for sale against the pace of sales, so a home at the right price sells quickly. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.
- Signed rent, 1-bed
- AED 100,000 a year (51 signed Ejari leases in this building, 12 months)
- Official record
- 524 registered sales since 2013: 523 apartment, 1 other
From the developer: the developer
What the developer publishes about Elite Downtown Residence. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.
Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 14 Oct 2026. Ask the developer for the latest brochure and floor plans.
Street view of Elite Downtown Residence
The street outside, live from Google, about 16 m from the building. Drag to look around.
Imagery: Google Street View · Open in Google Maps
Elite Downtown Residence on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 26 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.
Figures for Elite Downtown Residence (2 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.
| Type | Resale: sold | Resale: per sq ft | Median asking | Rent a year |
|---|---|---|---|---|
| Studio | AED 1,090,000 (18) | 2,208 | – (0) | – (1) |
| 3-bed | – (under 10) | – | – (1) | – (0) |
Sold prices: Land Department sale records to 26 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.
Sales we leave out of every median, count and chart (0 of 0 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.
Too few resale sales to state a yearly change
Median AED 2,114 per sq ft in the 12 months to 26 Oct 2026 (26 resale sales). A like-for-like yearly change needs at least 10 sales of the same bed size in each of the two 12-month periods.
Figures for Elite Downtown Residence (2 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales.
Every sale since 2020: 0 sales of 0 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market | Against the sale before |
|---|
The official record: 524 registered sales since 2013
Dubai Land Department register for "ELITE DOWNTOWN RESIDENCE", 3 Oct 2013 to 12 Feb 2026: 523 apartment, 1 other sales, plus 25 mortgages and 9 gifts. This source has every year and every unit type, but no unit numbers.
| Year | Apartments: sales | AED per sq ft |
|---|---|---|
| 2026 | 3 | 2,310 |
| 2025 | 49 | 2,236 |
| 2024 | 31 | 2,196 |
| 2023 | 80 | 2,391 |
| 2022 | 331 | 1,870 |
| 2021 | 27 | 1,557 |
| 2018 | 2 | – |
| 2013 | – | – |
Median AED per sq ft is shown for 3 or more sales in a year. 93 of these sales were off-plan and 431 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 521 sales and our unit list has 0.
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from Elite Downtown Residence, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North | South Ridge 3, a tower 89 m away · South Ridge 4, a tower 115 m away · Burj Khalifa 1.3 km · DIFC 2.9 km |
| North-east | Elite Downtown Residence 1, a tower 23 m away · Podium Villas, a tower 83 m away · South Ridge 5, a tower 140 m away |
| East | Dubai Design District 2.0 km · Dubai Creek and Ras Al Khor 5.8 km |
| South-east | Meydan racecourse 4.0 km |
| South-west | Elite Downtown Residence 2, a tower 54 m away · Burj Al Arab and the sea 10.6 km · Dubai Marina skyline 18.2 km |
| West | Sheikh Zayed Road 1.5 km |
| North-west | South Ridge 2, a tower 70 m away · South Ridge 1, a tower 127 m away · Jumeirah beach and the sea 4.4 km |
The building: 0 of 0 questions answered
Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.
- Completed
- 2022
Sources for figures not in the developer fact file:
- Completed: Completion year from mitchellscommercialrealty.com, read 15 Oct 2026: https://www.mitchellscommercialrealty.com/off-plan/elite-downtown-residence
Where sources disagree
No conflict found between sources.
Around Elite Downtown Residence
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| Elite Downtown Residence (this tower) | – | – (0) |
| Elite Downtown Residence 1 | 23 m | 2,203 (25) |
| Elite Downtown Residence 2 | 54 m | – (0) |
| South Ridge 2 | 70 m | 1,989 (8) |
| South Ridge 3 | 89 m | 1,902 (7) |
| South Ridge 4 | 115 m | 2,144 (8) |
| South Ridge 1 | 127 m | 2,039 (12) |
| South Ridge 5 | 140 m | 2,101 (10) |
| South Ridge 6 | 189 m | 2,081 (10) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 8 min | 3.2 km |
| DIFC Gate | 7 min | 4.0 km |
| DXB Terminal 3 | 32 min | 20.5 km |
| Dubai Marina Mall | 24 min | 21.8 km |
| Mall of the Emirates | 18 min | 15.5 km |
| Kite Beach | 15 min | 11.6 km |
| DWC airport | 51 min | 47.9 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 2020 to 24 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: sales, a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 27 Oct 2026 first build of this page. No correction yet.