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ELITE DOWNTOWN RESIDENCE, Downtown Dubai: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 79 sales and 452 rent contracts in ELITE DOWNTOWN RESIDENCE, Downtown Dubai. A studio apartment sold for a median AED 1.17M and rented for AED 75K a year: a gross yield of 6.4%. The Downtown Dubai median for the same home type is 4.0% (last 12 months).

See every ELITE DOWNTOWN RESIDENCE sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
Studio apartmentAED 1.17M2,2366.4%54
1-bed apartmentAED 2.00M2,3475.5%15
2-bed apartmentAED 2.56M1,8346.6%8

Rent guide: what tenants pay in ELITE DOWNTOWN RESIDENCE

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
Studio apartmentAED 75KAED 6,250AED 70K – AED 82KAED 75KAED 78K233
1-bed apartmentAED 110KAED 9,167AED 100K – AED 120KAED 110KAED 110K153
2-bed apartmentAED 170KAED 14KAED 165K – AED 191KAED 165KAED 180K48
3-bed apartmentAED 230KAED 19KAED 220K – AED 244KAED 225KAED 238K18

Price and rent trend

Median sale price per sq ft (AED), by month
1,5002,0002,5003,000Nov 2024Jul 2025Jun 2026 1,944Nov 2024: AED 2,782 per sq ftDec 2024: AED 2,094 per sq ftJan 2025: AED 2,268 per sq ftFeb 2025: AED 2,470 per sq ftMar 2025: AED 2,171 per sq ftApr 2025: AED 2,413 per sq ftJun 2025: AED 2,204 per sq ftJul 2025: AED 2,064 per sq ftAug 2025: AED 2,157 per sq ftSep 2025: AED 2,236 per sq ftOct 2025: AED 2,197 per sq ftDec 2025: AED 2,146 per sq ftJan 2026: AED 2,310 per sq ftJun 2026: AED 1,944 per sq ft
Show as table
MonthAED per sq ft
Nov 20242,782
Dec 20242,094
Jan 20252,268
Feb 20252,470
Mar 20252,171
Apr 20252,413
Jun 20252,204
Jul 20252,064
Aug 20252,157
Sep 20252,236
Oct 20252,197
Dec 20252,146
Jan 20262,310
Jun 20261,944
Median annual rent per sq ft (AED), by month
100120140160180Oct 2024Oct 2025Oct 2026 115Oct 2024: AED 146 per sq ft / yearNov 2024: AED 136 per sq ft / yearDec 2024: AED 148 per sq ft / yearJan 2025: AED 146 per sq ft / yearFeb 2025: AED 129 per sq ft / yearMar 2025: AED 135 per sq ft / yearApr 2025: AED 140 per sq ft / yearMay 2025: AED 141 per sq ft / yearJun 2025: AED 153 per sq ft / yearJul 2025: AED 111 per sq ft / yearAug 2025: AED 132 per sq ft / yearSep 2025: AED 136 per sq ft / yearOct 2025: AED 142 per sq ft / yearNov 2025: AED 142 per sq ft / yearDec 2025: AED 145 per sq ft / yearJan 2026: AED 161 per sq ft / yearFeb 2026: AED 137 per sq ft / yearMar 2026: AED 161 per sq ft / yearApr 2026: AED 131 per sq ft / yearMay 2026: AED 132 per sq ft / yearJun 2026: AED 115 per sq ft / yearJul 2026: AED 114 per sq ft / yearAug 2026: AED 122 per sq ft / yearSep 2026: AED 120 per sq ft / yearOct 2026: AED 115 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024146
Nov 2024136
Dec 2024148
Jan 2025146
Feb 2025129
Mar 2025135
Apr 2025140
May 2025141
Jun 2025153
Jul 2025111
Aug 2025132
Sep 2025136
Oct 2025142
Nov 2025142
Dec 2025145
Jan 2026161
Feb 2026137
Mar 2026161
Apr 2026131
May 2026132
Jun 2026115
Jul 2026114
Aug 2026122
Sep 2026120
Oct 2026115

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Quick answers

What is the rental yield in ELITE DOWNTOWN RESIDENCE?

The median gross rental yield for a studio apartment in ELITE DOWNTOWN RESIDENCE, Downtown Dubai is 6.4%, based on DLD records for the 24 months to 5 October 2026.

How much does a studio apartment in ELITE DOWNTOWN RESIDENCE cost?

The median sale price was AED 1.17M (AED 2,236 per sq ft) in the 24 months to 5 October 2026.