1202, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, 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 1202, Elite Residence
What is 1202 worth today?
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Source: Dubai Land Department. Updated 20 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 12th of 83
- Parking
- B4-10
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.53M · December 2012
- Building
- Elite Residence
About 1202, Elite Residence
1202 is a two-bedroom apartment of 1,329 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 12 December 2012 for AED 2,530,116, or AED 1,903 per sqft, 71% above the AED 1,115 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 115,000 a year: a gross yield of 4.5% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 1202 sits
All 208 2-beds →1202 last sold in December 2012 at AED 1,903 per sqft, 71% above what two-beds in Elite Residence were fetching at the time (AED 1,115). 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. 1202's AED 115,000 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 12th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 960 sqft | AED 1.18MAED 1,175,000 · May 2023May 2023 | 84,000 /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 |
1202, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 2,530,116, last on 12 December 2012 for AED 2,530,116 (AED 1,903 per sqft).
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2021 and recovered to AED 115,000 by October 2026.
- At AED 115,000 a year the gross yield on the 2012 price is 4.5%, 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 20 October 2026.
Questions about 1202, Elite Residence
What did unit 1202 last sell for?
AED 2,530,116 on 12 December 2012: AED 1,903 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,530,116 in August 2009.
What is the rent for unit 1202?
AED 115,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 135,000; the unit has been rented since October 2013.
How big is unit 1202?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 12th floor of a 83-storey tower completed in 2012.
What is unit 1202 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 1202, Elite Residence
Starts from the last sale price (AED 2.53M, 12 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,530,116
- Deposit, UAE resident (20%)
- AED 506,023
- Deposit, non-resident (40%)
- AED 1,012,046
- Monthly over 25 years at 3.7%
- AED 10,351
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →