1311, Elite Residence
Sold prices and rental history: sold 5 times, last in July 2025, 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 1311, Elite Residence
What is 1311 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 13th of 83
- Parking
- P4-51
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.73M · July 2025
- Building
- Elite Residence
About 1311, Elite Residence
1311 is a two-bedroom apartment of 1,329 sqft on the 13th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 July 2025 for AED 1,725,000, or AED 1,297 per sqft, 9% below the AED 1,427 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 18 December 2024, is AED 150,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1311 over time
1311 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 1311 sits
All 208 2-beds →1311 last sold in July 2025 at AED 1,297 per sqft, 9% below what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 1311's AED 150,000 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 13th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 960 sqft | AED 1.09MAED 1,090,000 · Apr 2013April 2013 | 60,000 /yr | |
| 1302 | 2-bed | 1,329 sqft | AED 1.85MAED 1,850,000 · Jun 2026June 2026 | 105,000 /yr | |
| 1303 | 1-bed | 801 sqft | AED 1.43MAED 1,434,071 · Oct 2012October 2012 | 95,000 /yr | |
| 1304 | 1-bed | 802 sqft | AED 1.08MAED 1,080,000 · Feb 2022February 2022 | 86,000 /yr | |
| 1305 | 2-bed | 1,329 sqft | AED 1.91MAED 1,909,704 · Jul 2024July 2024 | 200,000 /yr | |
| 1306 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Jan 2025January 2025 | 92,500 /yr | |
| 1307 | 1-bed | 960 sqft | AED 1.44MAED 1,440,000 · Jan 2014January 2014 | 65,000 /yr | |
| 1308 | 2-bed | 1,329 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 135,000 /yr | |
| 1309 | 1-bed | 737 sqft | AED 1.08MAED 1,082,500 · Oct 2024October 2024 | 70,000 /yr | |
| 1310 | 1-bed | 737 sqft | AED 1.24MAED 1,240,520 · Dec 2012December 2012 | 85,000 /yr | |
| 1312 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Aug 2016August 2016 | 83,000 /yr |
1311, Elite Residence in numbers
- Sold 5 times: first on 9 August 2009 for AED 2,671,020, last on 7 July 2025 for AED 1,725,000 (AED 1,297 per sqft).
- Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 150,000 by December 2024.
- At AED 150,000 a year the gross yield on the 2025 price is 8.7%, 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 7 July 2025.
Questions about 1311, Elite Residence
What did unit 1311 last sell for?
AED 1,725,000 on 7 July 2025: AED 1,297 per sqft for 1,329 sqft. The unit has 5 registered sales; the first was AED 2,671,020 in August 2009.
What is the rent for unit 1311?
AED 150,000 a year on the contract signed on 18 December 2024. The previous contract, from December 2024, was AED 150,000; the unit has been rented since August 2013.
How big is unit 1311?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.
What is unit 1311 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 1311, Elite Residence
Starts from the last sale price (AED 1.73M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →