1-bed · 960 sqftElite Residence, Dubai Marina · 18th floor · completed 2012

1801, Elite Residence

Sold prices and rental history: sold 3 times, last in February 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1801 · DLD and Ejari recordsUpdated 13 September 2021
Last soldAED 1.1M16 February 2016
Current rentAED 55K /yr13 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1801, Elite Residence

What is 1801 worth today?

Last sold for AED 1,100,000 in 2016

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13 Sep 2021RentedRenewal
AED 54,500/yr12 months · AED 57 per sqft
13 Sep 2020RentedNew contract
AED 54,500/yr12 months · AED 57 per sqft
15 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
16 Feb 2016SoldReady
AED 1,100,000AED 1,145 per sqft
17 Apr 2014SoldReady
AED 1,490,000AED 1,551 per sqft
16 Dec 2012Sold by developerReady
AED 1,010,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 13 September 2021.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
18th of 83
Parking
P4-57
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.1M · February 2016

About 1801, Elite Residence

1801 is a one-bedroom apartment of 960 sqft on the 18th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 16 February 2016 for AED 1,100,000, or AED 1,145 per sqft, 15% below the AED 1,354 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 13 September 2021, is AED 54,500 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1801 over time

Sales
Unit 1801, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, December 2012: AED 1,010,000 (AED 1,051 per sqft)Sold, April 2014: AED 1,490,000 (AED 1,551 per sqft)Sold, February 2016: AED 1,100,000 (AED 1,145 per sqft)

1801 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1801, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, September 2017: AED 100,000 a yearNew contract, September 2020: AED 54,500 a yearRenewal, September 2021: AED 54,500 a year

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 1801 sits

All 416 1-beds →

1801 last sold in February 2016 at AED 1,145 per sqft, 15% below what one-beds in Elite Residence were fetching at the time (AED 1,354). 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. 1801's AED 54,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 18th floor

All 697 units in Elite Residence
Value
18022-bedAED 2.57M · Jan 2013
18031-bedAED 1.3M · May 2024
18041-bedAED 1.41M · Sep 2024
18052-bedAED 1.81M · Jul 2026
18061-bedAED 1.28M · Dec 2012
18071-bedAED 1.27M · Dec 2012
18082-bedAED 1.35M · Apr 2023
1–7 of 11

1801, Elite Residence in numbers

  • Sold 3 times: first on 16 December 2012 for AED 1,010,000, last on 16 February 2016 for AED 1,100,000 (AED 1,145 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 100,000 to AED 54,500 a year.
  • At AED 54,500 a year the gross yield on the 2016 price is 5.0%, 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 13 September 2021.

Questions about 1801, Elite Residence

What did unit 1801 last sell for?

AED 1,100,000 on 16 February 2016: AED 1,145 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,010,000 in December 2012.

What is the rent for unit 1801?

AED 54,500 a year on the contract renewed on 13 September 2021. The previous contract, from September 2020, was AED 54,500; the unit has been rented since September 2017.

How big is unit 1801?

960 sqft (89.2 sqm): a one-bedroom apartment on the 18th floor of a 83-storey tower completed in 2012.

What is unit 1801 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 1801, Elite Residence

Starts from the last sale price (AED 1.1M, 16 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →