1012, Elite Residence
Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Elite Residence
What is 1012 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 10th of 83
- Parking
- P4-33
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 980K · March 2013
- Building
- Elite Residence
About 1012, Elite Residence
1012 is a one-bedroom apartment of 960 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 5 March 2013 for AED 980,000, or AED 1,020 per sqft, 26% below the AED 1,372 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 November 2024, is AED 95,000 a year: a gross yield of 9.7% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1012 over time
1012 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Elite Residence, and where 1012 sits
All 416 1-beds →1012 last sold in March 2013 at AED 1,020 per sqft, 26% below what one-beds in Elite Residence were fetching at the time (AED 1,372). Over the last 12 months one-beds sold for AED 1,065,000 to 1,530,677, around AED 1,547 per sqft, and rent for AED 36,725 to 159,000 a year. 1012's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
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 | |
| 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, Elite Residence in numbers
- Sold 3 times: first on 11 June 2012 for AED 850,807, last on 5 March 2013 for AED 980,000 (AED 1,020 per sqft).
- Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 60,000 in 2021 and recovered to AED 95,000 by November 2024.
- At AED 95,000 a year the gross yield on the 2013 price is 9.7%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
- One-beds in Elite Residence sold for AED 1,065,000–1,530,677 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 1 November 2024.
Questions about 1012, Elite Residence
What did unit 1012 last sell for?
AED 980,000 on 5 March 2013: AED 1,020 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 850,807 in June 2012.
What is the rent for unit 1012?
AED 95,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2024, was AED 95,000; the unit has been rented since September 2018.
How big is unit 1012?
960 sqft (89.2 sqm): a one-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.
What is unit 1012 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,065,000 to 1,530,677 in the last 12 months, around AED 1,547 per sqft.
Selling 1012? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1012, Elite Residence
Starts from the last sale price (AED 980K, 5 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →