1101, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, 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 1101, Elite Residence
What is 1101 worth today?
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Source: Dubai Land Department. Updated 19 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 11th of 83
- Parking
- P4-64
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.26M · December 2012
- Building
- Elite Residence
About 1101, Elite Residence
1101 is a one-bedroom apartment of 960 sqft on the 11th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 December 2012 for AED 1,261,652, or AED 1,313 per sqft, 3% below the AED 1,356 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 19 October 2024, is AED 80,000 a year: a gross yield of 6.3% on the 2012 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1101 over time
1101 has sold twice; 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 1101 sits
All 416 1-beds →1101 last sold in December 2012 at AED 1,313 per sqft, 3% below what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 1101's AED 80,000 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 11th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Nov 2022November 2022 | ||
| 1103 | 1-bed | 801 sqft | AED 1.6MAED 1,602,840 · Oct 2012October 2012 | 79,860 /yr | |
| 1104 | 1-bed | 802 sqft | AED 1.32MAED 1,320,000 · Apr 2016April 2016 | 84,000 /yr | |
| 1105 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Oct 2021October 2021 | 78,000 /yr | |
| 1106 | 1-bed | 960 sqft | AED 1.02MAED 1,015,000 · Apr 2013April 2013 | 78,000 /yr | |
| 1107 | 1-bed | 960 sqft | AED 1.29MAED 1,290,000 · Apr 2024April 2024 | 72,000 /yr | |
| 1108 | 2-bed | 1,329 sqft | AED 990KAED 990,000 · Jun 2015June 2015 | 105,000 /yr | |
| 1109 | 1-bed | 737 sqft | AED 933KAED 933,218 · Dec 2017December 2017 | 90,000 /yr | |
| 1110 | 1-bed | 737 sqft | AED 1MAED 1,000,000 · Jun 2015June 2015 | 63,000 /yr | |
| 1111 | 2-bed | 1,329 sqft | AED 1.55MAED 1,550,000 · Jul 2023July 2023 | 90,000 /yr | |
| 1112 | 1-bed | 960 sqft | AED 1.06MAED 1,060,000 · Jan 2013January 2013 | 70,000 /yr |
1101, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 1,261,652, last on 27 December 2012 for AED 1,261,652 (AED 1,313 per sqft).
- Rented since December 2018 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2020 and recovered to AED 80,000 by October 2024.
- At AED 80,000 a year the gross yield on the 2012 price is 6.3%, 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 19 October 2024.
Questions about 1101, Elite Residence
What did unit 1101 last sell for?
AED 1,261,652 on 27 December 2012: AED 1,313 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,261,652 in August 2009.
What is the rent for unit 1101?
AED 80,000 a year on the contract signed on 19 October 2024. The previous contract, from October 2024, was AED 80,000; the unit has been rented since December 2018.
How big is unit 1101?
960 sqft (89.2 sqm): a one-bedroom apartment on the 11th floor of a 83-storey tower completed in 2012.
What is unit 1101 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.
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Mortgage on 1101, Elite Residence
Starts from the last sale price (AED 1.26M, 27 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,261,652
- Deposit, UAE resident (20%)
- AED 252,330
- Deposit, non-resident (40%)
- AED 504,661
- Monthly over 25 years at 3.7%
- AED 5,162
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →