1212, 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 1212, Elite Residence
What is 1212 worth today?
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Source: Dubai Land Department. Updated 11 October 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 12th of 83
- Parking
- B4-03
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.26M · December 2012
- Building
- Elite Residence
About 1212, Elite Residence
1212 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 26 December 2012 for AED 1,264,775, or AED 1,316 per sqft, in line with the AED 1,315 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 11 October 2019, is AED 65,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1212 over time
1212 has sold twice; 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 1212 sits
All 416 1-beds →1212 last sold in December 2012 at AED 1,316 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,315). 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. 1212's AED 65,000 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 | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 960 sqft | AED 1.18MAED 1,175,000 · May 2023May 2023 | 84,000 /yr | |
| 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, Elite Residence in numbers
- Sold twice: first on 11 November 2009 for AED 1,264,775, last on 26 December 2012 for AED 1,264,775 (AED 1,316 per sqft).
- Rented since July 2013 on 7 Ejari contracts, from AED 105,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2012 price is 5.1%, 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 11 October 2019.
Questions about 1212, Elite Residence
What did unit 1212 last sell for?
AED 1,264,775 on 26 December 2012: AED 1,316 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,264,775 in November 2009.
What is the rent for unit 1212?
AED 65,000 a year on the contract signed on 11 October 2019. The previous contract, from August 2018, was AED 85,000; the unit has been rented since July 2013.
How big is unit 1212?
960 sqft (89.2 sqm): a one-bedroom apartment on the 12th floor of a 83-storey tower completed in 2012.
What is unit 1212 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 1212, Elite Residence
Starts from the last sale price (AED 1.26M, 26 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,264,775
- Deposit, UAE resident (20%)
- AED 252,955
- Deposit, non-resident (40%)
- AED 505,910
- Monthly over 25 years at 3.7%
- AED 5,175
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →