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2-bed · 1,329 sqftElite Residence, Dubai Marina · 19th floor · completed 2012

1902, Elite Residence

Sold prices and rental history: sold twice, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 22 October 2012
Last soldAED 2.29M22 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1902, Elite Residence

What is 1902 worth today?

Last sold for AED 2,290,723 in 2012

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22 Oct 2012SoldReady
AED 2,290,723AED 1,723 per sqft
9 Aug 2009Sold by developerOff-plan
AED 2,290,723AED 1,723 per sqft

Source: Dubai Land Department. Updated 22 October 2012.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
19th of 83
Parking
B4-42,B4-43
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.29M · October 2012
Building
Elite Residence

About 1902, Elite Residence

1902 is a two-bedroom apartment of 1,329 sqft on the 19th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 22 October 2012 for AED 2,290,723, or AED 1,723 per sqft, 55% above the AED 1,115 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, August 2009: AED 2,290,723 (AED 1,723 per sqft)Sold, October 2012: AED 2,290,723 (AED 1,723 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000

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 1902 sits

All 208 2-beds →

1902 last sold in October 2012 at AED 1,723 per sqft, 55% 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.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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 19th floor

All 697 units in Elite Residence
Value
19011-bedAED 1.3M · Jul 2013
19031-bedAED 1.57M · Feb 2016
19041-bedAED 1.12M · Apr 2026
19052-bedAED 1.8M · May 2026
19061-bedAED 1.43M · Jul 2014
19071-bedAED 875K · Aug 2013
19082-bedAED 1.83M · Dec 2025
1–7 of 11

1902, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 2,290,723, last on 22 October 2012 for AED 2,290,723 (AED 1,723 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 22 October 2012.

Questions about 1902, Elite Residence

What did unit 1902 last sell for?

AED 2,290,723 on 22 October 2012: AED 1,723 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,290,723 in August 2009.

How big is unit 1902?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 19th floor of a 83-storey tower completed in 2012.

What is unit 1902 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 1902, Elite Residence

Starts from the last sale price (AED 2.29M, 22 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,290,723
Deposit, UAE resident (20%)
AED 458,145
Deposit, non-resident (40%)
AED 916,289
Monthly over 25 years at 3.7%
AED 9,372

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