1111, Elite Residence
Sold prices and rental history: sold 5 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, Elite Residence
What is 1111 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 4 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 11th of 83
- Parking
- B4-80
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.55M · July 2023
- Building
- Elite Residence
About 1111, Elite Residence
1111 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 4 July 2023 for AED 1,550,000, or AED 1,165 per sqft, in line with the AED 1,194 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 90,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1111 over time
1111 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 1111 sits
All 208 2-beds →1111 last sold in July 2023 at AED 1,165 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,194). 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. 1111's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
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 | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 960 sqft | AED 1.26MAED 1,261,652 · Dec 2012December 2012 | 80,000 /yr | |
| 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 | |
| 1112 | 1-bed | 960 sqft | AED 1.06MAED 1,060,000 · Jan 2013January 2013 | 70,000 /yr |
1111, Elite Residence in numbers
- Sold 5 times: first on 12 August 2009 for AED 2,608,540, last on 4 July 2023 for AED 1,550,000 (AED 1,165 per sqft).
- Rented since November 2013 on 4 Ejari contracts, from AED 110,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 5.8%, 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 4 July 2023.
Questions about 1111, Elite Residence
What did unit 1111 last sell for?
AED 1,550,000 on 4 July 2023: AED 1,165 per sqft for 1,329 sqft. The unit has 5 registered sales; the first was AED 2,608,540 in August 2009.
What is the rent for unit 1111?
AED 90,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 90,000; the unit has been rented since November 2013.
How big is unit 1111?
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 1111 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.
Selling 1111? 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 1111, Elite Residence
Starts from the last sale price (AED 1.55M, 4 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →