1002, Elite Residence
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Elite Residence
What is 1002 worth today?
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Source: Dubai Land Department. Updated 30 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 10th of 83
- Parking
- B4-23
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.42M · September 2012
- Building
- Elite Residence
About 1002, Elite Residence
1002 is a two-bedroom apartment of 1,329 sqft on the 10th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 10 September 2012 for AED 2,419,291, or AED 1,819 per sqft, 89% above the AED 960 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 30 August 2025, is AED 121,275 a year: a gross yield of 5.0% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Residence, and where 1002 sits
All 208 2-beds →1002 last sold in September 2012 at AED 1,819 per sqft, 89% above what two-beds in Elite Residence were fetching at the time (AED 960). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 1002's AED 121,275 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
Elite Residence
Building697 apartments, 1-bed to 5-bed over 83 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 39 sold in the last 12 months.
- Typical price per sqft
- AED 1,445 Up 1.3%
- Typical sale
- AED 1.53M
- Typical rent
- AED 94K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 200 sqft | AED 104KAED 104,100 · Jul 2021July 2021 | 95,806 /yr | |
| 1003 | 1-bed | 801 sqft | AED 1.52MAED 1,522,736 · Jul 2013July 2013 | 82,500 /yr | |
| 1004 | 1-bed | 802 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | 57,000 /yr | |
| 1005 | 2-bed | 1,329 sqft | AED 1.95MAED 1,950,000 · Sep 2023September 2023 | 190,000 /yr | |
| 1006 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Apr 2017April 2017 | 77,000 /yr | |
| 1007 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 95,000 /yr | |
| 1008 | 2-bed | 1,329 sqft | AED 1.7MAED 1,700,000 · Feb 2016February 2016 | 135,000 /yr | |
| 1009 | 1-bed | 737 sqft | AED 1.15MAED 1,150,000 · Jul 2015July 2015 | 90,000 /yr | |
| 1010 | 1-bed | 737 sqft | AED 1.28MAED 1,275,000 · May 2015May 2015 | 68,000 /yr | |
| 1011 | 2-bed | 1,329 sqft | AED 990KAED 990,000 · Jun 2015June 2015 | 111,320 /yr | |
| 1012 | 1-bed | 960 sqft | AED 980KAED 980,000 · Mar 2013March 2013 | 95,000 /yr |
1002, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 2,419,291, last on 10 September 2012 for AED 2,419,291 (AED 1,819 per sqft).
- Rented since January 2014 on 12 Ejari contracts. The rent fell from AED 145,000 to AED 75,000 in 2021 and recovered to AED 121,275 by August 2025.
- At AED 121,275 a year the gross yield on the 2012 price is 5.0%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.
Source: Dubai Land Department. Updated 30 August 2025.
Questions about 1002, Elite Residence
What did unit 1002 last sell for?
AED 2,419,291 on 10 September 2012: AED 1,819 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,419,291 in August 2009.
What is the rent for unit 1002?
AED 121,275 a year on the contract renewed on 30 August 2025. The previous contract, from August 2024, was AED 121,275; the unit has been rented since January 2014.
How big is unit 1002?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.
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Mortgage on 1002, Elite Residence
Starts from the last sale price (AED 2.42M, 10 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,419,291
- Deposit, UAE resident (20%)
- AED 483,858
- Deposit, non-resident (40%)
- AED 967,716
- Monthly over 25 years at 3.7%
- AED 9,898
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →