1405, Elite Residence
Sold prices and rental history: sold 3 times, last in September 2015, 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 1405, Elite Residence
What is 1405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 14th of 83
- Parking
- P4-37
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.8M · September 2015
- Building
- Elite Residence
About 1405, Elite Residence
1405 is a two-bedroom apartment of 1,329 sqft on the 14th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 6 September 2015 for AED 1,800,000, or AED 1,354 per sqft, 82% above the AED 744 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 28 October 2024, is AED 122,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1405 over time
1405 has sold 3 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 1405 sits
All 208 2-beds →1405 last sold in September 2015 at AED 1,354 per sqft, 82% above what two-beds in Elite Residence were fetching at the time (AED 744). 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. 1405's AED 122,000 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 14th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 960 sqft | AED 1.1MAED 1,100,000 · Jan 2018January 2018 | 75,141 /yr | |
| 1402 | 2-bed | 1,329 sqft | AED 2.25MAED 2,250,000 · Sep 2024September 2024 | 190,000 /yr | |
| 1403 | 1-bed | 801 sqft | AED 1.54MAED 1,537,850 · Dec 2012December 2012 | 81,900 /yr | |
| 1404 | 1-bed | 802 sqft | AED 1.54MAED 1,537,850 · Dec 2012December 2012 | 80,850 /yr | |
| 1406 | 1-bed | 960 sqft | AED 1.27MAED 1,271,020 · Sep 2012September 2012 | 88,000 /yr | |
| 1407 | 1-bed | 960 sqft | AED 1MAED 1,000,000 · Jan 2013January 2013 | 80,000 /yr | |
| 1408 | 2-bed | 1,329 sqft | AED 1.85MAED 1,846,000 · Oct 2025October 2025 | 120,000 /yr | |
| 1409 | 1-bed | 737 sqft | AED 1.24MAED 1,243,576 · Dec 2012December 2012 | ||
| 1410 | 1-bed | 737 sqft | AED 1.25MAED 1,250,000 · Feb 2014February 2014 | 85,000 /yr | |
| 1411 | 2-bed | 1,329 sqft | AED 2.7MAED 2,702,260 · Dec 2012December 2012 | 79,786 /yr | |
| 1412 | 1-bed | 960 sqft | AED 960KAED 960,000 · Jan 2013January 2013 | 78,030 /yr |
1405, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 2,542,610, last on 6 September 2015 for AED 1,800,000 (AED 1,354 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 122,000 by October 2024.
- At AED 122,000 a year the gross yield on the 2015 price is 6.8%, 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 28 October 2024.
Questions about 1405, Elite Residence
What did unit 1405 last sell for?
AED 1,800,000 on 6 September 2015: AED 1,354 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 2,542,610 in August 2009.
What is the rent for unit 1405?
AED 122,000 a year on the contract renewed on 28 October 2024. The previous contract, from October 2024, was AED 122,000; the unit has been rented since September 2013.
How big is unit 1405?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 14th floor of a 83-storey tower completed in 2012.
What is unit 1405 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.
Selling 1405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1405, Elite Residence
Starts from the last sale price (AED 1.8M, 6 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →