Project · Downtown Dubai · Sale prices

Elite Downtown Residence Property Prices 2026

The median property sale price in Elite Downtown Residence was ⃃ 1,200,000 in the 12 months to 12 Nov 2026, based on 25 registered sales — unchanged from the same 12 months a year earlier. The median price per square foot was ⃃ 2,030 (−10.4% year on year). That is 15.1% below the Dubai-wide median of ⃃ 1,413,000 for the same property mix.

Period: 12 months to 12 Nov 2026Compared with: same 12 months a year earlierSample: 25 salesUpdated: 13 Nov 2026
Median sale price
⃃ 1,200,000
0.0% YoY
25 sales · the 12 months to 12 Nov 2026
Median price per sq ft
⃃ 2,030
−10.4% YoY
25 sales · the 12 months to 12 Nov 2026
Registered sales
25
−52.8% YoY
worth ⃃ 36.44M · the 12 months to 12 Nov 2026
Gross rental yield
7.08%
median rent ⃃ 85,000/yr · yield details

What are the key price figures for Elite Downtown Residence?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 12 Nov 2026.
MetricValuePeriodBasis
Median sale price⃃ 1,200,00012 months to 12 Nov 202625 sales; 0.0% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,03012 months to 12 Nov 202625 sales; −10.4% vs the same 12 months a year earlier
Number of sales2512 months to 12 Nov 2026−52.8% vs the same 12 months a year earlier
Total sales value⃃ 36,437,90412 months to 12 Nov 2026−56.2% vs the same 12 months a year earlier
Lowest / highest sale⃃ 935K – ⃃ 3.35M12 months to 12 Nov 2026single registered sales (not typical prices)
Median annual rent⃃ 85,00012 months to 12 Nov 2026212 units currently rented
Gross rental yield7.08%12 months to 12 Nov 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 12 Nov 2026change in property value over the period
Units on record469current23 sold in the 12 months to 12 Nov 2026 (4.9% of stock)
Units available for sale176currentactive listings matched to units
Developer (primary) median price⃃ 1,323,000all time454 developer sales; ⃃ 1,940 per sq ft
Launch date15/01/2014—project record
Completion / handover date10/02/2022—project record

How do prices differ by property type in Elite Downtown Residence?

Medians over the 12 months to 12 Nov 2026; each row links to its own page.

Sales = registered sales in the 12 months to 12 Nov 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 1,200,0000.0%⃃ 2,030257.08%

How have property prices in Elite Downtown Residence changed since 2013?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2013–2026 (to 12 Nov 2026)
Elite Downtown Residence median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201311,832
201831,856
2021271,558
20223311,869
2023802,391
2024312,196
2025492,237
2026 YTD192,026
Registered sales and median price per sq ft by year, Elite Downtown Residence. Source: DXBinteract. The same figures are in the table below.
2026 runs to 12 Nov 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 12 Nov 2026)19part year⃃ 27.66M⃃ 1,188,000⃃ 2,026−9.4%
202549+58.1%⃃ 75.84M⃃ 1,190,000⃃ 2,237+1.9%
202431−61.3%⃃ 59.02M⃃ 1,315,000⃃ 2,196−8.2%
202380−75.8%⃃ 182.3M⃃ 2,267,220⃃ 2,391+27.9%
2022331+1125.9%⃃ 515.96M⃃ 1,285,875⃃ 1,869+19.9%
202127+800.0%⃃ 38.37M⃃ 1,258,800⃃ 1,558−16.1%
20183+200.0%⃃ 3.61M⃃ 1,125,000⃃ 1,856+1.3%
20131—⃃ 87.38M⃃ 87,381,525⃃ 1,832—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Elite Downtown Residence compare with Downtown Dubai and Dubai?

Same property mix, same window (the 12 months to 12 Nov 2026).

MetricElite Downtown ResidenceDowntown DubaiDubai
Median sale price⃃ 1,200,000⃃ 3,025,000⃃ 1,413,000
Median price per sq ft⃃ 2,030⃃ 2,930⃃ 1,740
Price per sq ft YoY−10.4%+0.6%+5.4%
Sales252,540166,950
Gross rental yield7.08%4.96%4.53%

What are the latest registered sales in Elite Downtown Residence?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
07/10/2026Elite Downtown Residence1 bed · Apartment807 sq ft⃃ 1,600,000⃃ 1,983Resale · Ready
18/09/2026Elite Downtown ResidenceStudio Apartment534 sq ft⃃ 935,000⃃ 1,751Resale · Ready
18/09/2026Elite Downtown ResidenceStudio Apartment431 sq ft⃃ 950,000⃃ 2,204Resale · Ready
25/08/2026Elite Downtown Residence2 beds · Apartment1,366 sq ft⃃ 2,550,000⃃ 1,867Resale · Ready
30/07/2026Elite Downtown ResidenceStudio Apartment497 sq ft⃃ 1,100,000⃃ 2,213Resale · Ready
23/07/2026Elite Downtown ResidenceStudio Apartment526 sq ft⃃ 1,230,000⃃ 2,338Resale · Ready
09/06/2026Elite Downtown ResidenceStudio Apartment533 sq ft⃃ 1,080,000⃃ 2,026Resale · Ready
08/06/2026Elite Downtown ResidenceStudio Apartment526 sq ft⃃ 999,000⃃ 1,899Resale · Ready
02/06/2026Elite Downtown ResidenceStudio Apartment514 sq ft⃃ 1,000,000⃃ 1,946Resale · Ready
08/05/2026Elite Downtown Residence2 beds · Apartment1,760 sq ft⃃ 3,347,904⃃ 1,902Resale · Ready

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 12 Nov 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/elite-downtown-residence
Elite Downtown Residence Property Prices 2026. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-prices/elite-downtown-residence

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Elite Downtown Residence?
The median property sale price in Elite Downtown Residence was ⃃ 1,200,000 in the 12 months to 12 Nov 2026, from 25 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Elite Downtown Residence?
The median price per square foot of Elite Downtown Residence was ⃃ 2,030 in the 12 months to 12 Nov 2026, −10.4% compared with the same 12 months a year earlier.
How many properties were sold in Elite Downtown Residence in the last 12 months?
25 sales worth ⃃ 36,437,904 were registered in Elite Downtown Residence in the 12 months to 12 Nov 2026 (−52.8% year on year).
Are property prices in Elite Downtown Residence going up?
Over the 12 months to 12 Nov 2026 the median price per square foot of Elite Downtown Residence changed −10.4%. In calendar year 2025 it was ⃃ 2,237 (+1.9% on 2024), and ⃃ 2,026 so far in 2026.
What is the rental yield in Elite Downtown Residence?
The gross rental yield of Elite Downtown Residence is 7.08% (the 12 months to 12 Nov 2026), with a median annual rent of ⃃ 85,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-prices/elite-downtown-residence