1201, Elite Residence
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Elite Residence
What is 1201 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 12th of 83
- Parking
- P4-03
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.18M · May 2023
- Building
- Elite Residence
About 1201, Elite Residence
1201 is a one-bedroom apartment of 960 sqft on the 12th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 May 2023 for AED 1,175,000, or AED 1,223 per sqft, in line with the AED 1,208 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 25 July 2026, is AED 84,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 416 1-beds →1201 last sold in May 2023 at AED 1,223 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,208). 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. 1201's AED 84,000 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 12th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,329 sqft | AED 2.53MAED 2,530,116 · Dec 2012December 2012 | 115,000 /yr | |
| 1203 | 1-bed | 801 sqft | AED 1.54MAED 1,535,000 · Jun 2013June 2013 | 80,000 /yr | |
| 1204 | 1-bed | 802 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 94,000 /yr | |
| 1205 | 2-bed | 1,329 sqft | AED 1.28MAED 1,280,000 · May 2021May 2021 | 135,000 /yr | |
| 1206 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Feb 2016February 2016 | 80,000 /yr | |
| 1207 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Jun 2013June 2013 | 120,000 /yr | |
| 1208 | 2-bed | 1,329 sqft | AED 1.28MAED 1,275,000 · Jul 2018July 2018 | 77,360 /yr | |
| 1209 | 1-bed | 737 sqft | AED 1.12MAED 1,122,417 · Dec 2012December 2012 | 78,702 /yr | |
| 1210 | 1-bed | 737 sqft | AED 1.07MAED 1,065,000 · Sep 2026September 2026 | 75,000 /yr | |
| 1211 | 2-bed | 1,329 sqft | AED 1.87MAED 1,867,000 · Nov 2025November 2025 | 135,000 /yr | |
| 1212 | 1-bed | 960 sqft | AED 1.26MAED 1,264,775 · Dec 2012December 2012 | 65,000 /yr |
1201, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 1,264,775, last on 24 May 2023 for AED 1,175,000 (AED 1,223 per sqft).
- Rented since February 2015 on 14 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2019 and recovered to AED 84,000 by July 2026.
- At AED 84,000 a year the gross yield on the 2023 price is 7.1%, 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 25 July 2026.
Questions about 1201, Elite Residence
What did unit 1201 last sell for?
AED 1,175,000 on 24 May 2023: AED 1,223 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,264,775 in August 2009.
What is the rent for unit 1201?
AED 84,000 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 126,000; the unit has been rented since February 2015.
How big is unit 1201?
960 sqft (89.2 sqm): a one-bedroom apartment on the 12th floor of a 83-storey tower completed in 2012.
What is unit 1201 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 1201, Elite Residence
Starts from the last sale price (AED 1.18M, 24 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →