Elite Downtown Residence 1, Downtown Dubai: asking prices vs. registered sale prices

38 live resale listings, 3 registered sales in the last three months.

Area: Downtown Dubai (Burj Khalifa). Data as of 17 September 2026. Listings collected 20 September 2026.

Asking prices in Elite Downtown Residence 1 run +11.8% against what buyers paid in this building. 8 of the 38 live resale listings ask 30% or more above what the registry recorded, and 8 ask at or below it. Each listing is compared with sales of similar units in this same building. There is room to negotiate: the gap is wide enough that the registered price, not the asking price, is the number to start from.

Months of stock: 38. 38 live resale listings against 3 sales registered in this building in the last three months, so the buyer has the upper hand.

By bedrooms

Paid AED/sqft: median of the sales registered in this building with the same number of bedrooms, last three months where there are at least three, otherwise six months, otherwise every unit size in the building. Where the registry has no recent sale in the building at all, the difference falls back on area comparables and the reliability drops to low.
Bedrooms	Listings	Median asking price	Asking AED/sqft	Paid AED/sqft	Difference	Reliability
Studio	20	AED 1,250,000	2,397	2,026	+18.3%	high
1 bedroom	12	AED 2,065,000	2,444	2,007	+21.8%	medium
2 bedrooms	6	AED 2,725,000	1,845	1,885	-2.1%	medium

What the registry recorded

Sales of existing property registered at the Dubai Land Department in this building over the last six months. Public record.
Date	Bedrooms	Size m²	Size sqft	Price	AED/sqft
2026-08-26	2 bedrooms	127	1,366	AED 2,550,000	1,867
2026-07-30	Studio	46	497	AED 1,100,000	2,213
2026-07-24	Studio	49	526	AED 1,230,000	2,340
2026-06-10	Studio	50	533	AED 1,080,000	2,026
2026-06-08	Studio	49	526	AED 999,000	1,901
2026-06-02	Studio	48	514	AED 1,000,000	1,944
2026-05-11	2 bedrooms	164	1,760	AED 3,347,904	1,902
2026-05-07	Studio	49	522	AED 1,048,000	2,007
2026-04-30	1 bedroom	75	809	AED 2,000,000	2,473
2026-04-02	Studio	49	522	AED 1,400,000	2,681
2026-03-31	2 bedrooms	127	1,366	AED 2,575,000	1,885

12-month history: 25 sales registered in this building over the last twelve months, median AED 23,949 per m² (AED 2,225 per sqft).

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