Building · Downtown Dubai

Properties for sale in Elite Downtown Residence

Nothing for sale here with McCone right now — 535 sales are on record at the Dubai Land Department, below.

Recorded rents and gross yield for Elite Downtown Residence

Median sale price
AED 1.19M
29 sales · the last 12 months
Median per sq ft
AED 2,214
-3.1% on the year before
Against Downtown Dubai
37 of 42
Community median AED 3,019 / sq ft
Sales on record
535
Since 2018

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,984
1,557
1,870
2,391
2,196
2,236
2,120
2018202120222023202420252026

The low was 2021 at AED 1,557 a square foot, and it has recovered 36% since. It is still 11% below its 2023 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian pricePer sq ftSales
Studio522 sqft1,182,7502,31272
1 B/R810 sqft2,000,0002,32124
2 B/R1,630 sqft2,926,9401,82128
3 B/R1,616 sqft4,185,0002,59011

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.

DateLayoutSizePricePer sq ft
26 Aug 20262 B/R1,3662,550,0001,867
30 Jul 2026Studio4971,100,0002,213
24 Jul 2026Studio5261,230,0002,340
10 Jun 2026Studio5331,080,0002,026
8 Jun 2026Studio526999,0001,901
2 Jun 2026Studio5141,000,0001,944
11 May 20262 B/R1,7603,347,9041,902
7 May 2026Studio5221,048,0002,007
30 Apr 20261 B/R8092,000,0002,473
2 Apr 2026Studio5221,400,0002,681
31 Mar 20262 B/R1,3662,575,0001,885
6 Mar 2026Studio5331,180,0002,214

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

2
27
331
80
31
48
16
2018202120222023202420252026

Of the 535 sales on record, 93 were bought off-plan from the developer and 442 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 37th most expensive of the 42 Downtown Dubai buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
34Volta322,358
35Boulevard Central Tower 2202,269
36Claren Tower 1192,228
37Elite Downtown Residence292,214
38Mada Residences by ARTAR171,822
398 Boulevard Walk321,794
40Burj Views podium151,720

Downtown Dubai as a whole: AED 3,019 a square foot across 2,508 sales in the last twelve months.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in Elite Downtown Residence today, but we know it and we hear about homes before they list. Tell us what you are after.