What tenants actually pay in ELITE DOWNTOWN RESIDENCE
Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.
Median of Studio contracts registered here in the last 12 months: AED 78.3K / year, from 80 contracts.
Registered rents by layout, last 12 months
| Layout | Contracts | Median annual rent | Median per ft² / year |
|---|---|---|---|
| Studio | 80 | AED 78.3K | AED 149/ft² |
| 1 B/R | 53 | AED 110K | AED 127/ft² |
| 2 B/R | 16 | AED 183.1K | AED 120/ft² |
| 3 B/R | 10 | AED 230K | AED 142/ft² |
Layouts with fewer than 10 contracts are not published
Rent vs buy, in registered numbers
Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.
- Gross yield
- 8.3%
- a year of rent as a share of the price, before service charges and voids
- Price-to-rent
- 12.0 years
- of this rent to add up to the purchase price
- Cost to change your mind
- ≈ AED 84K
- one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even
Latest registered contracts
| Start date | Type | Annual rent | Size |
|---|---|---|---|
| 11 Sep 2026 | Flat | AED 65K | 526 ft² |
| 7 Sep 2026 | Flat | AED 95K | 1,007 ft² |
| 7 Sep 2026 | Flat | AED 63K | 526 ft² |
| 7 Sep 2026 | Flat | AED 62K | 521 ft² |
| 1 Sep 2026 | Flat | AED 190K | 1,630 ft² |
| 1 Sep 2026 | Flat | AED 70.2K | 514 ft² |
| 23 Aug 2026 | Studio | AED 65K | 542 ft² |
| 22 Aug 2026 | Flat | AED 85K | 809 ft² |
| 22 Aug 2026 | Flat | AED 80K | 810 ft² |
| 20 Aug 2026 | Flat | AED 80K | 824 ft² |
What this is — and is not
Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.