AED 1,649,989/ year
Great Views | Penthouse | Vacant
Opera Grand · 5 bed · 7 bath · 7,454 sqft
Building · Downtown Dubai
Properties for rent in Elite Downtown Residence
Nothing for rent here with McCone right now — 212 tenancies naming Elite Downtown Residence were registered in the last twelve months, below.
Every recorded sale in Elite Downtown Residence — prices, sizes and the year it was handed over →
Recorded rent per sq ft
AED 135
a year · 212 contracts here, 12 months
Gross yield
6.2%
Studio · its own rents over its own sale prices
Recorded sale price
AED 2,214
per sq ft · 535 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 | Per sq ft / year | Contracts |
|---|---|---|---|---|
| Studio | 526 sqft | 75,000 | 144 | 108 |
| 1 B/R | 821 sqft | 105,000 | 125 | 77 |
| 2 B/R | 1,630 sqft | 190,000 | 120 | 17 |
| 3 B/R | 1,616 sqft | 225,000 | 139 | 10 |
Layouts with fewer than five contracts in the year are left out. 607 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 | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 74,896 | 72,284 | 75,000 | 145 | 620 |
| 1 B/R | 115,000 | 115,500 | 115,000 | 131 | 4,058 |
| 2 B/R | 180,000 | 185,000 | 172,000 | 133 | 3,422 |
| 3 B/R | 285,000 | 300,000 | 270,000 | 148 | 1,041 |
| 4 B/R | 1,350,000 | 1,100,000 | 1,650,000 | 290 | 57 |
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 | 120 | This building · 17 | 1,821 | 6.6% |
| Studio | 144 | This building · 108 | 2,312 | 6.2% |
| 1 B/R | 125 | This building · 77 | 2,321 | 5.4% |
| 3 B/R | 139 | This building · 10 | 2,590 | 5.4% |
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 |
|---|---|---|---|---|
| 2 Sept 2026 | Studio | 536 | 64,000 | New lease |
| 1 Sept 2026 | Studio | 514 | 70,189 | Renewal |
| 1 Sept 2026 | 2 B/R | 1,630 | 190,000 | New lease |
| 30 Aug 2026 | Studio | 514 | 63,828 | New lease |
| 26 Aug 2026 | Studio | 431 | 45,000 | New lease |
| 23 Aug 2026 | Studio | 542 | 65,000 | New lease |
| 22 Aug 2026 | 1 B/R | 809 | 85,000 | New lease |
| 22 Aug 2026 | 1 B/R | 810 | 80,000 | Renewal |
| 20 Aug 2026 | 1 B/R | 824 | 80,000 | New lease |
| 20 Aug 2026 | Studio | 536 | 70,000 | New lease |
| 15 Aug 2026 | Studio | 534 | 65,000 | New lease |
| 14 Aug 2026 | Studio | 531 | 60,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Elite Downtown Residence, stacked.New leaseRenewal
74
192
227
114
2023202420252026
114 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Downtown Dubai
Homes to rent in Downtown Dubai now
Our live rental stock in the community. Everything for rent in Downtown Dubai →
AED 1,549,990/ year
Brand New | High Floor | Penthouse
IL Primo · 4 bed · 5 bath · 5,176 sqft
AED 1,500,000/ year
Multiple Layouts | Ultra Luxury | Burj & Fountain
IL Primo · 4 bed · 6 bath · 5,176 sqft
AED 950,000/ year
Luxury apartment in Downtown with modern interior
The Address Sky View Sky Collection Tower 1 · 4 bed · 5 bath · 2,901 sqft
AED 900,000/ year
Burj View | Penthouse | Mall Access
Kempinski BLVD · 4 bed · 5 bath · 3,693 sqft
AED 700,000/ year
All Bills Inclusive | Burj and Fountain Views
The Address Residence Fountain Views 3 · 3 bed · 4 bath · 2,182 sqft
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 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 4 Sept 2026.