Elite Downtown Residence

P1 — Delivered Ready Primary
Developer Triplanet Range Group
Community Downtown Dubai
Property type Apartment
Data updated Apr 01, 2026

Elite Downtown Residence is a Delivered development by Triplanet Range Group in Downtown Dubai. 460 units across Studio (50%), 1 Bedroom (30%), 2 Bedroom (15%). Over the trailing 12 months, 528 sales at a median of AED 1,175,000.

Key Metrics
Median Price
Value
AED 1,175,000
Change
10.6% YoY
Transactions
Value
528
Change
39 in period
Price / sqft
Value
AED 2,236
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,175,000
↓ 10.6% YoY
Transactions
528
↑ 39 in period
Price / sqft
AED 2,236
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
2.8%
Holding Period
Value
2.2 yrs
Liquidity
Value
8.5%
Price Dispersion
Value
13.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
39.1%
Capital Return
2.8%
Holding Period
2.2 yrs
Liquidity
8.5%
Price Dispersion
13.3%
Ready Market Mix
0.0%
Rental Activity
39.1%

Rental Performance

Rental Volume
Value
784
Avg Annual Rent
Value
AED 105,197
New Leases
Value
75.3%
Renewals
Value
24.7%
Rental Volume
784
Avg Annual Rent
AED 105,197
New Leases
75.3%
Renewals
24.7%

Unit Mix

By bedroom type
Studio 230 units · 50%
1 Bedroom 138 units · 30%
2 Bedroom 69 units · 15%
3 Bedroom 23 units · 5%

Transaction Breakdown

All time — 528 transactions
Off-Plan Primary
94
Ready Primary
360
Ready Secondary
74

Price History

Median Price — Elite Downtown Residence

Median prices in Elite Downtown Residence have trended upward, rising 11% to AED 1.4M over the past 13 months.

Recent Transactions

Showing last 10 of 528
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 RP Secondary 1,400,000 522 2,680
Mar 31, 2026 RP Secondary 2,575,000 1,366 1,884
Mar 06, 2026 RP Secondary 1,180,000 533 2,213
Feb 19, 2026 RP Secondary 1,280,000 431 2,967
Jan 27, 2026 RP Secondary 1,200,000 514 2,333
Jan 21, 2026 RP Secondary 1,000,000 522 1,914
Jan 16, 2026 RP Secondary 1,188,000 514 2,309
Dec 17, 2025 RP Secondary 1,000,000 522 1,914
Dec 11, 2025 RP Secondary 1,250,000 682 1,830
Dec 11, 2025 RP Secondary 1,250,000 525 2,378

This project is in Downtown Dubai

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