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

1105, Elite Residence

Sold prices and rental history: sold 4 times, last in October 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 1.4M31 October 2021
Current rentAED 78K /yr7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Elite Residence

What is 1105 worth today?

Last sold for AED 1,400,000 in 2021

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7 Dec 2021RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
31 Oct 2021SoldReady
AED 1,400,000AED 1,053 per sqft
7 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
26 Dec 2012SoldReady
AED 1,800,000AED 1,354 per sqft
15 Oct 2012SoldReady
AED 1,483,710AED 1,116 per sqft
9 Aug 2009Sold by developerOff-plan
AED 2,511,249AED 1,889 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
11th of 83
Parking
B4-21
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.4M · October 2021

About 1105, Elite Residence

1105 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 31 October 2021 for AED 1,400,000, or AED 1,053 per sqft, 27% above the AED 830 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 7 December 2021, is AED 78,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, 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, August 2009: AED 2,511,249 (AED 1,889 per sqft)Sold, October 2012: AED 1,483,710 (AED 1,116 per sqft)Sold, December 2012: AED 1,800,000 (AED 1,354 per sqft)Sold, October 2021: AED 1,400,000 (AED 1,053 per sqft)

1105 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1105, 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 120,000New contract, December 2020: AED 65,000 a yearNew contract, December 2021: AED 78,000 a year

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 1105 sits

All 208 2-beds →

1105 last sold in October 2021 at AED 1,053 per sqft, 27% above what two-beds in Elite Residence were fetching at the time (AED 830). 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. 1105's AED 78,000 is at the bottom of that range.

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
11022-bedAED 1.9M · Nov 2022
11031-bedAED 1.6M · Oct 2012
11041-bedAED 1.32M · Apr 2016
11061-bedAED 1.02M · Apr 2013
11071-bedAED 1.29M · Apr 2024
11082-bedAED 990K · Jun 2015
1–7 of 11

1105, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 2,511,249, last on 31 October 2021 for AED 1,400,000 (AED 1,053 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 65,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2021 price is 5.6%, 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 7 December 2021.

Questions about 1105, Elite Residence

What did unit 1105 last sell for?

AED 1,400,000 on 31 October 2021: AED 1,053 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,511,249 in August 2009.

What is the rent for unit 1105?

AED 78,000 a year on the contract signed on 7 December 2021. The previous contract, from December 2020, was AED 65,000.

How big is unit 1105?

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 1105 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 1105, Elite Residence

Starts from the last sale price (AED 1.4M, 31 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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