1505, Elite Residence
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Elite Residence
What is 1505 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 15th of 83
- Parking
- B4-36
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.55M · October 2012
- Building
- Elite Residence
About 1505, Elite Residence
1505 is a two-bedroom apartment of 1,329 sqft on the 15th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 October 2012 for AED 2,548,858, or AED 1,918 per sqft, 72% above the AED 1,115 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 October 2025, is AED 115,385 a year: a gross yield of 4.5% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1505 over time
1505 has sold twice; 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 1505 sits
All 208 2-beds →1505 last sold in October 2012 at AED 1,918 per sqft, 72% above what two-beds in Elite Residence were fetching at the time (AED 1,115). 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. 1505's AED 115,385 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 15th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 960 sqft | AED 1.22MAED 1,224,379 · Aug 2012August 2012 | 95,000 /yr | |
| 1502 | 2-bed | 1,329 sqft | AED 1MAED 1,000,000 · Nov 2012November 2012 | 150,000 /yr | |
| 1503 | 1-bed | 801 sqft | AED 1.33MAED 1,325,000 · Aug 2024August 2024 | 90,000 /yr | |
| 1504 | 1-bed | 802 sqft | AED 840KAED 840,000 · May 2021May 2021 | 90,000 /yr | |
| 1506 | 1-bed | 960 sqft | AED 1.35MAED 1,350,000 · Nov 2013November 2013 | 84,000 /yr | |
| 1507 | 1-bed | 960 sqft | AED 1MAED 1,000,000 · May 2013May 2013 | 126,000 /yr | |
| 1508 | 2-bed | 1,329 sqft | AED 1.82MAED 1,821,415 · Oct 2014October 2014 | 110,000 /yr | |
| 1509 | 1-bed | 737 sqft | AED 1.13MAED 1,130,731 · Dec 2012December 2012 | 82,000 /yr | |
| 1510 | 1-bed | 737 sqft | AED 750KAED 750,000 · Jul 2019July 2019 | 80,000 /yr | |
| 1511 | 2-bed | 1,329 sqft | AED 1.78MAED 1,775,000 · Jan 2014January 2014 | 100,000 /yr | |
| 1512 | 1-bed | 960 sqft | AED 1.27MAED 1,265,000 · May 2025May 2025 | 84,000 /yr |
1505, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 2,548,858, last on 17 October 2012 for AED 2,548,858 (AED 1,918 per sqft).
- Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 128,000 to AED 85,000 in 2020 and recovered to AED 115,385 by October 2025.
- At AED 115,385 a year the gross yield on the 2012 price is 4.5%, 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 15 October 2025.
Questions about 1505, Elite Residence
What did unit 1505 last sell for?
AED 2,548,858 on 17 October 2012: AED 1,918 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,548,858 in August 2009.
What is the rent for unit 1505?
AED 115,385 a year on the contract signed on 15 October 2025. The previous contract, from May 2024, was AED 90,000; the unit has been rented since September 2015.
How big is unit 1505?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 15th floor of a 83-storey tower completed in 2012.
What is unit 1505 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 1505, Elite Residence
Starts from the last sale price (AED 2.55M, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,548,858
- Deposit, UAE resident (20%)
- AED 509,772
- Deposit, non-resident (40%)
- AED 1,019,543
- Monthly over 25 years at 3.7%
- AED 10,428
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →