1005, Elite Residence
Sold prices and rental history: sold 4 times, last in September 2023, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Elite Residence
What is 1005 worth today?
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Source: Dubai Land Department. Updated 27 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 10th of 83
- Parking
- B4-87
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.95M · September 2023
- Building
- Elite Residence
About 1005, Elite Residence
1005 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 27 September 2023 for AED 1,950,000, or AED 1,467 per sqft, 19% above the AED 1,236 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 July 2015. The current contract, signed on 23 July 2015, is AED 190,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1005 over time
1005 has sold 4 times; 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 1005 sits
All 208 2-beds →1005 last sold in September 2023 at AED 1,467 per sqft, 19% above what two-beds in Elite Residence were fetching at the time (AED 1,236). 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. 1005's AED 190,000 is in the upper 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 | |
| 1002 | 2-bed | 1,329 sqft | AED 2.42MAED 2,419,291 · Sep 2012September 2012 | 121,275 /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 | |
| 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 |
1005, Elite Residence in numbers
- Sold 4 times: first on 3 July 2009 for AED 2,517,622, last on 27 September 2023 for AED 1,950,000 (AED 1,467 per sqft).
- Rented since July 2015 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2023 price is 9.7%, 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 27 September 2023.
Questions about 1005, Elite Residence
What did unit 1005 last sell for?
AED 1,950,000 on 27 September 2023: AED 1,467 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,517,622 in July 2009.
What is the rent for unit 1005?
AED 190,000 a year on the contract signed on 23 July 2015.
How big is unit 1005?
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 1005 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 1005, Elite Residence
Starts from the last sale price (AED 1.95M, 27 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →