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2-bed · 1,329 sqftElite Residence, Dubai Marina · 11th floor · completed 2012

1102, Elite Residence

Sold prices and rental history: sold 4 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 1.9M21 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1102, Elite Residence

What is 1102 worth today?

Last sold for AED 1,900,000 in 2022

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21 Nov 2022SoldReady
AED 1,900,000AED 1,429 per sqft
24 Aug 2022SoldReady
AED 1,375,000AED 1,034 per sqft
19 Aug 2020SoldReady
AED 1,150,000AED 865 per sqft
18 May 2016Sold by developerReady
AED 1,329,340AED 999 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
11th of 83
Parking
P4-55
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.9M · November 2022
Building
Elite Residence

About 1102, Elite Residence

1102 is a two-bedroom apartment of 1,329 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 21 November 2022 for AED 1,900,000, or AED 1,429 per sqft, 25% above the AED 1,143 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, May 2016: AED 1,329,340 (AED 999 per sqft)Sold, August 2020: AED 1,150,000 (AED 865 per sqft)Sold, August 2022: AED 1,375,000 (AED 1,034 per sqft)Sold, November 2022: AED 1,900,000 (AED 1,429 per sqft)

1102 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000

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 1102 sits

All 208 2-beds →

1102 last sold in November 2022 at AED 1,429 per sqft, 25% above what two-beds in Elite Residence were fetching at the time (AED 1,143). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 697 units in Elite Residence
Value
11011-bedAED 1.26M · Dec 2012
11031-bedAED 1.6M · Oct 2012
11041-bedAED 1.32M · Apr 2016
11052-bedAED 1.4M · Oct 2021
11061-bedAED 1.02M · Apr 2013
11071-bedAED 1.29M · Apr 2024
11082-bedAED 990K · Jun 2015
1–7 of 11

1102, Elite Residence in numbers

  • Sold 4 times: first on 18 May 2016 for AED 1,329,340, last on 21 November 2022 for AED 1,900,000 (AED 1,429 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 21 November 2022.

Questions about 1102, Elite Residence

What did unit 1102 last sell for?

AED 1,900,000 on 21 November 2022: AED 1,429 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 1,329,340 in May 2016.

How big is unit 1102?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 11th floor of a 83-storey tower completed in 2012.

What is unit 1102 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 1102, Elite Residence

Starts from the last sale price (AED 1.9M, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →