Elite Downtown Residence 1
Downtown Dubai, Dubai · 90 floors
407 advertisements are live in Elite Downtown Residence 1 — 122 for sale and 285 to rent. Sellers ask a median of 2,598 AED per square foot. The Dubai Land Department registered 23 sales here in the last twelve months at a median of 2,598 AED per square foot — what buyers actually paid, beside what is being asked today. 206 Ejari tenancy contracts put registered rent at 184 AED per square foot per year.
Advertised now
407
122 for sale · 285 to rent
Asking AED/sqft
2,598
median of the sale listings
Registered AED/sqft
2,598
23 DLD sales, to August 2026
Registered rent AED/sqft/yr
184
206 Ejari contracts
What each third of the tower asks
A high floor in a 90-storey building is a range, not a word.
| Band | Floors | Advertised | Asking AED/sqft |
|---|---|---|---|
| high | 60–90 | 1 | 4,910 |
| mid | 31–59 | 0 | — |
| low | 1–30 | 168 | 2,663 |
What the register recorded, month by month
Median registered price per square foot, by the month the sale was registered. A month with no sale is absent rather than zero — a building sells a handful of flats a year, and a line drawn to the axis on a quiet month reads as a collapse.
| Month | Registered sales | Median AED/sqft |
|---|---|---|
| 2025-08 | 7 | 2,709 |
| 2025-09 | 3 | 2,713 |
| 2025-10 | 4 | 2,655 |
| 2025-11 | 2 | 2,634 |
| 2025-12 | 5 | 3,055 |
| 2026-01 | 3 | 2,802 |
| 2026-03 | 1 | 2,214 |
| 2026-04 | 1 | 2,474 |
| 2026-06 | 3 | 1,945 |
| 2026-08 | 1 | 1,867 |
The last registered sales
Each with its own date, because the register lags. These are prices buyers paid, not asking prices — and they carry no unit number: which flat sold is not ours to publish.
- 2026-08-25AED 2,550,0001,867/sqft2 BR
- 2026-06-09AED 1,080,0002,026/sqftstudio BR
- 2026-06-08AED 999,0001,901/sqftstudio BR
- 2026-06-02AED 1,000,0001,945/sqftstudio BR
- 2026-04-30AED 2,000,0002,474/sqft1 BR
- 2026-03-06AED 1,180,0002,214/sqftstudio BR
- 2026-01-28AED 1,200,0002,830/sqftstudio BR · mid floor
- 2026-01-21AED 1,000,0002,592/sqftstudio BR · mid floor
- 2026-01-19AED 1,188,0002,802/sqftstudio BR · mid floor
- 2025-12-17AED 1,000,0002,592/sqftstudio BR · low floor
Registered sales by segment
Room count against the third of the tower, over twelve months. A sale the register did not place on a floor is counted apart rather than folded into the low band.
| Rooms | Band | Sales | AED/sqft |
|---|---|---|---|
| studio | mid | 8 | 2,757 |
| studio | no floor | 4 | 1,985 |
| studio | low | 3 | 2,592 |
| 1 | low | 2 | 3,157 |
| 2 | no floor | 2 | 1,849 |
| 1 | mid | 1 | 3,100 |
| 2 | mid | 1 | 2,160 |
| studio | high | 1 | 2,713 |
| 1 | no floor | 1 | 2,474 |
Registered tenancies by segment
Ejari contracts, per square foot per year — what tenants signed, not what landlords are asking.
| Rooms | Band | Contracts | AED/sqft/yr |
|---|---|---|---|
| studio | low | 45 | 184 |
| studio | mid | 27 | 192 |
| 1 | low | 26 | 167 |
| 1 | mid | 23 | 155 |
| 1 | no floor | 20 | 160 |
| studio | no floor | 18 | 191 |
| 2 | mid | 10 | 172 |
| 2 | low | 8 | 157 |
| studio | high | 7 | 200 |
| 2 | no floor | 5 | 148 |
| 3 | low | 5 | 167 |
| 1 | high | 4 | 165 |
Questions about Elite Downtown Residence 1
- How many flats are for sale in Elite Downtown Residence 1?
- 122 of the 407 advertisements we currently hold in Elite Downtown Residence 1 are for sale, and 285 are to rent. The same flat can be advertised by several agencies, so the number of distinct flats is lower.
- What does Elite Downtown Residence 1 cost per square foot?
- Sellers are asking a median of 2,598 AED per square foot across the sale listings in Elite Downtown Residence 1. That is what is being asked today, not what buyers have paid.
- What has actually sold in Elite Downtown Residence 1?
- 23 sales were registered with the Dubai Land Department in the twelve months to August 2026, at a median of 2,598 AED per square foot, which puts today's asking prices 0.0% above the last recorded prices.
- What does a flat in Elite Downtown Residence 1 rent for?
- 206 tenancy contracts registered with Ejari have a median of 184 AED per square foot per year.
- How many floors does Elite Downtown Residence 1 have?
- The listings report 90 floors. Floors 60 to 90 are its top third, and they hold 1 of the advertisements.
- How much does a flat in Elite Downtown Residence 1 cost?
- Asking prices on the sale listings run from AED 1M to AED 19.60M. That is the range of what is being asked in the building right now, not an estimate of what a particular flat is worth.
- Is a high floor in Elite Downtown Residence 1 worth more?
- Floors 60–90 ask a median of 4,910 AED per square foot against 2,663 on floors 1–30 — 84.4% more. Both are asking prices, and the gap is what sellers believe the view is worth rather than what a buyer paid for it.
- What yield does Elite Downtown Residence 1 give?
- Registered rent of 184 AED per square foot per year against today's asking 2,598 AED per square foot is a gross yield of 7.1%. Gross means before service charge, agency fee, vacancy and everything else a real return subtracts.
- When was the last sale registered in Elite Downtown Residence 1?
- The most recent registration we hold is dated August 2026 at AED 2.55M (1,867 AED per sqft) for a 2-bedroom flat. The register lags the market by weeks, so this is the newest fact rather than today's price.
- What layouts does Elite Downtown Residence 1 have?
- The advertisements in Elite Downtown Residence 1 cover 1-bedroom flats, 2-bedroom flats, 3-bedroom flats, 4-bedroom flats, studios.
Other buildings in Downtown Dubai
About Downtown Dubai
What it is like to live in Downtown Dubai — schools, commute, what the area is known for — is a different question from what this tower costs, and it has its own page.
Read the Downtown Dubai property guideWhich flat, on which floor, and who is selling it
This page is about the building. The unit numbers, the floor each listing is on, the agency behind it and our valuation of every flat are in the Refty workspace.
Open Elite Downtown Residence 1 in Refty