AED 2,000,000/ year
4 bedroom apartment in IL Primo
5 bath · 5,300 sqft · Burj and Fountain View · 02 Layout · Ultra Luxury
Elite Downtown Residence
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
217 tenancies naming Elite Downtown Residence were registered in the last twelve months, below.
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Renting in Elite Downtown Residence? Aayush can walk you through what these numbers mean for you.
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- Community
- Downtown Dubai
- Nearest metro
- Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2018 — an off-plan sale
- Sales on record
- 538 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 17% — 93 bought off-plan from the developer, 445 resales of a completed home
Every recorded sale in Elite Downtown Residence — prices, sizes and the year it was handed over →
How Elite Downtown Residence compares — every tower in Downtown Dubai, ranked by recorded price →
Living in Downtown Dubai — the area guide →
What a home in Elite Downtown Residence returns on its rent — the yield calculator →
Recorded rent per sq ft
AED 130
a year · 217 contracts here, 12 months
Mean AED 133 a year
Gross yield
6.1%
Studio · its own rents over its own sale prices
Recorded sale price
AED 2,026
per sq ft · 538 sales on record
Handed over
2022
Derived from the register
Recorded rents
What Elite Downtown Residence rents for, by layout
Tenancies registered with Ejari that name Elite Downtown Residence, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 526 sqft | 70,000 | 72,664 | 136 | 116 |
| 1 B/R | 810 sqft | 102,000 | 106,100 | 124 | 73 |
| 2 B/R | 1,630 sqft | 170,000 | 177,716 | 117 | 19 |
| 3 B/R | 1,616 sqft | 230,000 | 225,835 | 142 | 9 |
Layouts with fewer than five contracts in the year are left out. 658 contracts name this building on the register since 2023.
For comparison
Recorded rents in Downtown Dubai
How Elite Downtown Residence sits against its community. The full Downtown Dubai rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 72,000 | 76,871 | 70,000 | 75,000 | 143 | 641 |
| 1 B/R | 115,000 | 117,339 | 115,000 | 115,000 | 128 | 4,041 |
| 2 B/R | 175,000 | 189,344 | 180,000 | 170,100 | 131 | 3,420 |
| 3 B/R | 280,000 | 294,194 | 295,000 | 270,000 | 146 | 1,050 |
| 4 B/R | 1,300,000 | 1,399,834 | 1,400,000 | 1,300,000 | 254 | 55 |
Rent against price
Gross yield in Elite Downtown Residence
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 2 B/R | 117 | This building · 19 | 1,837 | 6.3% |
| 1 B/R | 124 | This building · 73 | 2,093 | 5.9% |
| Studio | 136 | This building · 116 | 2,250 | 6.1% |
| 3 B/R | 142 | This building · 9 | 2,754 | 5.2% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Elite Downtown Residence
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 16 Oct 2026 | 1 B/R | 821 | 85,000 | Renewal |
| 16 Oct 2026 | Studio | 521 | 60,000 | New lease |
| 15 Oct 2026 | 1 B/R | 806 | 95,000 | New lease |
| 15 Oct 2026 | Studio | 536 | 60,000 | New lease |
| 15 Oct 2026 | 3 B/R | 1,616 | 218,182 | New lease |
| 12 Oct 2026 | 2 B/R | 1,630 | 230,000 | New lease |
| 8 Oct 2026 | Studio | 526 | 65,000 | New lease |
| 7 Oct 2026 | Studio | 433 | 68,000 | New lease |
| 7 Oct 2026 | Studio | 514 | 65,000 | New lease |
| 3 Oct 2026 | Studio | 533 | 70,000 | New lease |
| 1 Oct 2026 | 2 B/R | 1,630 | 150,000 | Renewal |
| 1 Oct 2026 | Studio | 534 | 40,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Elite Downtown Residence, stacked.New leaseRenewal
74
192
227
165
2023202420252026
165 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Downtown Dubai
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Our live rental stock in the community. Everything for rent in Downtown Dubai →
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4 bedroom apartment in The Address Sky View Sky Collection Tower 1
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Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.
Nearby
What else to look at in Downtown Dubai
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Inaura Hotels & Residencesnewest | 35 | 2026 | 4,989 |
| Binghatti Skybladenewest | 565 | 2025 | 3,909 |
| Burj Vista Tower 1 | 1,187 | 2013 | 2,028 |
| BLVD Crescent Podium | 37 | 2017 | 2,014 |
| 29 Burj Boulevard Podium | 147 | 2010 | 2,003 |
| Boulevard Crescent Tower 2 | 120 | 2014 | 1,999 |
| 29 Burj Boulevard Tower 1 | 963 | 2010 | 1,971 |
| Boulevard Crescent Tower 1 | 436 | 2014 | 1,961 |
| BD Standpoint A | 981 | 2009 | 1,949 |
| Burj Vista Tower 2 | 270 | 2013 | 1,912 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Elite Downtown Residence? Ejari, the DEWA move-in and your Makani number, explained.