1312, Elite Residence
Sold prices and rental history: sold 3 times, last in August 2016, 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 1312, Elite Residence
What is 1312 worth today?
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Source: Dubai Land Department. Updated 19 October 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 13th of 83
- Parking
- P4-62
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.16M · August 2016
- Building
- Elite Residence
About 1312, Elite Residence
1312 is a one-bedroom apartment of 960 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 4 August 2016 for AED 1,160,000, or AED 1,207 per sqft, 15% below the AED 1,425 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 19 October 2017, is AED 83,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1312 over time
1312 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 1312 sits
All 416 1-beds →1312 last sold in August 2016 at AED 1,207 per sqft, 15% below what one-beds in Elite Residence were fetching at the time (AED 1,425). 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. 1312's AED 83,000 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 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 | |
| 1311 | 2-bed | 1,329 sqft | AED 1.73MAED 1,725,000 · Jul 2025July 2025 | 150,000 /yr |
1312, Elite Residence in numbers
- Sold 3 times: first on 21 April 2010 for AED 126,789,700, last on 4 August 2016 for AED 1,160,000 (AED 1,207 per sqft).
- Rented since March 2013 on 4 Ejari contracts, from AED 72,000 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2016 price is 7.2%, 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 19 October 2017.
Questions about 1312, Elite Residence
What did unit 1312 last sell for?
AED 1,160,000 on 4 August 2016: AED 1,207 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 126,789,700 in April 2010.
What is the rent for unit 1312?
AED 83,000 a year on the contract signed on 19 October 2017. The previous contract, from September 2017, was AED 90,000; the unit has been rented since March 2013.
How big is unit 1312?
960 sqft (89.2 sqm): a one-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.
What is unit 1312 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 1312, Elite Residence
Starts from the last sale price (AED 1.16M, 4 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →