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

1108, Elite Residence

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 990K29 June 2015
Current rentAED 105K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Elite Residence

What is 1108 worth today?

Last sold for AED 990,000 in 2015

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2 Oct 2026RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
26 Oct 2024RentedRenewal
AED 115,500/yr12 months · AED 87 per sqft
26 Oct 2024RentedRenewal
AED 115,500/yr12 months · AED 87 per sqft
26 Oct 2023RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
26 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
28 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 56 per sqft
28 Sep 2019RentedNew contract
AED 82,000/yr12 months · AED 62 per sqft
1 Sep 2018RentedNew contract
AED 87,692/yr13 months · AED 66 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
11th of 83
Parking
B4-33
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 990K · June 2015

About 1108, Elite Residence

1108 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 29 June 2015 for AED 990,000, or AED 744 per sqft, in line with the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 2 October 2026, is AED 105,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, October 2009: AED 780,900 (AED 587 per sqft)Sold, August 2012: AED 780,900 (AED 587 per sqft)Sold, June 2015: AED 990,000 (AED 744 per sqft)

1108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, 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, September 2013: AED 110,000 a yearRenewal, October 2014: AED 121,000 a yearRenewal, October 2015: AED 127,050 a yearRenewal, October 2016: AED 127,052 a yearNew contract, April 2017: AED 120,000 a yearNew contract, September 2018: AED 87,692 a yearNew contract, September 2019: AED 82,000 a yearRenewal, September 2020: AED 75,000 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 105,000 a yearRenewal, October 2024: AED 115,500 a yearRenewal, October 2024: AED 115,500 a yearNew contract, October 2026: AED 105,000 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 1108 sits

All 208 2-beds →

1108 last sold in June 2015 at AED 744 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 744). 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. 1108's AED 105,000 is in the lower half 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
11052-bedAED 1.4M · Oct 2021
11061-bedAED 1.02M · Apr 2013
11071-bedAED 1.29M · Apr 2024
1–7 of 11

1108, Elite Residence in numbers

  • Sold 3 times: first on 25 October 2009 for AED 780,900, last on 29 June 2015 for AED 990,000 (AED 744 per sqft).
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 105,000 by October 2026.
  • At AED 105,000 a year the gross yield on the 2015 price is 10.6%, 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 2 October 2026.

Questions about 1108, Elite Residence

What did unit 1108 last sell for?

AED 990,000 on 29 June 2015: AED 744 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 780,900 in October 2009.

What is the rent for unit 1108?

AED 105,000 a year on the contract signed on 2 October 2026. The previous contract, from October 2024, was AED 115,500; the unit has been rented since September 2013.

How big is unit 1108?

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 1108 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 1108, Elite Residence

Starts from the last sale price (AED 990K, 29 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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