Elite Downtown Residence
What people actually paid in Elite Downtown Residence: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
538 sales are on record at the Dubai Land Department, below.
Your agent in Downtown Dubai
Sales
Buying in Elite Downtown Residence? James can walk you through what these numbers mean for you.
James is marketing 26 homes for sale in Downtown Dubai right now.
- 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
Recorded rents and gross yield for Elite Downtown Residence →
How Elite Downtown Residence compares — every tower in Downtown Dubai, ranked by recorded price →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 1,557 a square foot, and it has recovered 30% since. It is still 15% below its 2023 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| Studio | 522 sqft | 1,170,000 | 1,168,892 | 2,250 | 64 |
| 1 B/R | 810 sqft | 1,875,000 | 1,818,532 | 2,093 | 22 |
| 2 B/R | 1,630 sqft | 2,900,000 | 2,806,622 | 1,837 | 13 |
| 3 B/R | 1,616 sqft | 4,450,000 | 4,360,792 | 2,754 | 6 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Elite Downtown Residence
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 7 Oct 2026 | 1 B/R | 807 | 1,600,000 | 1,982 |
| 21 Sept 2026 | Studio | 431 | 950,000 | 2,203 |
| 21 Sept 2026 | Studio | 534 | 935,000 | 1,752 |
| 26 Aug 2026 | 2 B/R | 1,366 | 2,550,000 | 1,867 |
| 30 Jul 2026 | Studio | 497 | 1,100,000 | 2,213 |
| 24 Jul 2026 | Studio | 526 | 1,230,000 | 2,340 |
| 10 Jun 2026 | Studio | 533 | 1,080,000 | 2,026 |
| 8 Jun 2026 | Studio | 526 | 999,000 | 1,901 |
| 2 Jun 2026 | Studio | 514 | 1,000,000 | 1,944 |
| 11 May 2026 | 2 B/R | 1,760 | 3,347,904 | 1,902 |
| 7 May 2026 | Studio | 522 | 1,048,000 | 2,007 |
| 30 Apr 2026 | 1 B/R | 809 | 2,000,000 | 2,473 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 538 sales on record, 93 were bought off-plan from the developer and 445 were resales of a finished home. The changeover in 2022 is the handover. The 2026 bar is part-year.
In context
Where it sits in Downtown Dubai
Elite Downtown Residence is the 34th most expensive of the 41 Downtown Dubai buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 31 | Claren Tower 1 | 17 | 2,301 |
| 32 | Boulevard Central Tower 2 | 20 | 2,269 |
| 33 | BD Standpoint A | 20 | 2,254 |
| 34 | Elite Downtown Residence | 25 | 2,026 |
| 35 | The Lofts East | 15 | 1,953 |
| 36 | Bellevue Tower 1 | 15 | 1,921 |
| 37 | Mada Residences by ARTAR | 18 | 1,819 |
Downtown Dubai as a whole: AED 2,956 a square foot across 2,278 sales in the last twelve months.
Where the market is moving
The busiest buildings in Downtown Dubai
Elite Downtown Residence ranks 19th of the 24 Downtown Dubai buildings with five or more completed-home sales in the ninety days to 19 Oct 2026. These are the five ahead of it, and its own row.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Burj Khalifa | 29 | 1.0× |
| 2 | Burj Crown | 14 | 1.1× |
| 3 | Imperial Avenue | 13 | 1.0× |
| 4 | Forte 1 | 12 | 1.0× |
| 5 | Burj Royale | 11 | 1.6× |
| 19 | Elite Downtown Residence | 6 | 0.7× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Downtown Dubai, with pace against each building’s own year before.
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.
Buying in Elite Downtown Residence? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.