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Elite Downtown Residence

Triplanet Group · Downtown Dubai · 469 homes · Completed

A completed Triplanet Group project in Downtown Dubai: 469 homes, handed over in Apr 2022, on time against the Q1 2022 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 2,196 per sqft, 41% above the launch quarter.

Updated 27 Oct 2026
Completed Apr 2022On time against Q1 2022 on the register
469 homesStudios, 1, 2 and 3 bedrooms
Downtown DubaiDubai Land Department project 1403

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2021AED 1,557/sqft
Median paid, Q4 2025AED 2,236/sqft
Sales, Jul 2025 to Jun 202637
Median paidLatest quarterLaunch quarter AED 1,557
2,000Q3 21: AED 1,557/sqft, 10 salesQ4 21: AED 1,527/sqft, 17 salesQ1 22: AED 1,610/sqft, 63 salesQ2 22: AED 1,850/sqft, 161 salesQ3 22: AED 2,181/sqft, 71 salesQ4 22: AED 2,453/sqft, 36 salesQ1 23: AED 2,605/sqft, 16 salesQ2 23: AED 2,435/sqft, 15 salesQ3 23: AED 2,268/sqft, 42 salesQ4 24: AED 2,390/sqft, 13 salesQ1 25: AED 2,266/sqft, 16 salesQ3 25: AED 2,196/sqft, 13 salesQ4 25: AED 2,236/sqft, 11 salesQ3 21Q2 22Q1 23Q4 23Q3 24Q2 25Q4 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20211,55710
Q4 20211,52717
Q1 20221,61063
Q2 20221,850161
Q3 20222,18171
Q4 20222,45336
Q1 20232,60516
Q2 20232,43515
Q3 20232,26842
Q4 20242,39013
Q1 20252,26616
Q3 20252,19613
Q4 20252,23611

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ1 2022Q2 2022on timePrice / sqftAED 1,557AED 2,196+41% on launch, resale median
Against the area. Median paid.
Elite Downtown Residence2,196

27% under the Downtown Dubai median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Elite Downtown Residence handed over?

In Apr 2022, when the first ready-market sale was registered. The register declared completion for Q1 2022, so it handed over on time.

What do homes in Elite Downtown Residence sell for?

From Jul 2025 to Jun 2026, 37 homes sold on the register at a median of AED 2,196 per sqft and AED 1.16M per home. By unit type: Studio AED 1.15M (29 sales). These are registered deeds, not the developer's price list.

Who built Elite Downtown Residence?

Triplanet Group. The project is registered to Triplanet Group on the Dubai Land Department register, which lists 8 projects for the developer in Dubai, 0 of them under construction.

How many homes are in Elite Downtown Residence?

469, as counted on the Dubai Land Department register. The declared mix: 230 studios, 138 1 BR, 69 2 BR, 23 3 BR.

More in Downtown Dubai. 54 projects.

Promised Q4 2027Binghatti SkybladeAED 3,910/sqft paid596 homes · buildingPromised Q4 2026The St. Regis Residences, Downtown DubaiAED 3,116/sqft paid1,108 homes · buildingCompletedBurj Khalifa TowersAED 3,050/sqft paid1,078 homesPromised Q1 2027One ResidenceAED 2,934/sqft paid458 homes · buildingCompleted 2023ForteAED 2,908/sqft paid927 homes · 2 quarters latePromised Q3 2027Solara Tower DubaiAED 3,462/sqft paid231 homes · buildingCompleted 2023The Address Dubai OperaAED 3,866/sqft paid873 homes · on timeCompleted29 BoulevardAED 2,343/sqft paid756 homes

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