1-bed · 737 sqftElite Residence, Dubai Marina · 12th floor · completed 2012

1209, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.12M27 December 2012
Current rentAED 79K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Elite Residence

What is 1209 worth today?

Last sold for AED 1,122,417 in 2012

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10 Oct 2025RentedRenewal
AED 78,702/yr2 months · AED 107 per sqft
10 Oct 2024RentedRenewal
AED 78,487/yr12 months · AED 107 per sqft
10 Oct 2024RentedRenewal
AED 78,487/yr12 months · AED 107 per sqft
10 Oct 2023RentedRenewal
AED 68,250/yr12 months · AED 93 per sqft
10 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
1 Dec 2021RentedRenewal
AED 55,000/yr9 months · AED 75 per sqft
1 Sep 2021RentedRenewal
AED 46,000/yr3 months · AED 62 per sqft
1 Sep 2020RentedRenewal
AED 46,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
12th of 83
Parking
P4-20
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.12M · December 2012

About 1209, Elite Residence

1209 is a one-bedroom apartment of 737 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 27 December 2012 for AED 1,122,417, or AED 1,523 per sqft, 12% above the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 78,702 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 9,700 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, August 2009: AED 1,122,417 (AED 1,523 per sqft)Sold, December 2012: AED 1,122,417 (AED 1,523 per sqft)

1209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, April 2015: AED 90,000 a yearNew contract, December 2016: AED 83,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, September 2019: AED 51,000 a yearRenewal, September 2020: AED 46,000 a yearRenewal, September 2021: AED 46,000 a yearRenewal, December 2021: AED 55,000 a yearNew contract, October 2022: AED 65,000 a yearRenewal, October 2023: AED 68,250 a yearRenewal, October 2024: AED 78,487 a yearRenewal, October 2024: AED 78,487 a yearRenewal, October 2025: AED 78,702 a year

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 1209 sits

All 416 1-beds →

1209 last sold in December 2012 at AED 1,523 per sqft, 12% above what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 1209's AED 78,702 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-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 12th floor

All 697 units in Elite Residence
Value
12011-bedAED 1.18M · May 2023
12022-bedAED 2.53M · Dec 2012
12031-bedAED 1.54M · Jun 2013
12041-bedAED 1.4M · Nov 2024
12052-bedAED 1.28M · May 2021
12061-bedAED 1.25M · Feb 2016
12071-bedAED 1.16M · Jun 2013
1–7 of 11

1209, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 1,122,417, last on 27 December 2012 for AED 1,122,417 (AED 1,523 per sqft).
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 46,000 in 2021 and recovered to AED 78,702 by October 2025.
  • At AED 78,702 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 9,700 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 10 October 2025.

Questions about 1209, Elite Residence

What did unit 1209 last sell for?

AED 1,122,417 on 27 December 2012: AED 1,523 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,122,417 in August 2009.

What is the rent for unit 1209?

AED 78,702 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 78,487; the unit has been rented since April 2015.

How big is unit 1209?

737 sqft (68.5 sqm): a one-bedroom apartment on the 12th floor of a 83-storey tower completed in 2012.

What is unit 1209 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 1209, Elite Residence

Starts from the last sale price (AED 1.12M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,122,417
Deposit, UAE resident (20%)
AED 224,483
Deposit, non-resident (40%)
AED 448,967
Monthly over 25 years at 3.7%
AED 4,592

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