1-bed · 960 sqftElite Residence, Dubai Marina · 20th floor · completed 2012

2001, Elite Residence

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.3M6 November 2024
Current rentAED 81K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Elite Residence

What is 2001 worth today?

Last sold for AED 1,300,000 in 2024

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6 Nov 2024SoldReady
AED 1,300,000AED 1,353 per sqft
24 Aug 2024RentedRenewal
AED 80,850/yr12 months · AED 84 per sqft
24 Aug 2024RentedRenewal
AED 80,850/yr12 months · AED 84 per sqft
24 Aug 2023RentedRenewal
AED 73,500/yr12 months · AED 77 per sqft
24 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
1 Jul 2020RentedRenewal
AED 57,845/yr12 months · AED 60 per sqft
1 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
13 Apr 2018RentedRenewal
AED 88,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
20th of 83
Parking
P4-26
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.3M · November 2024

About 2001, Elite Residence

2001 is a one-bedroom apartment of 960 sqft on the 20th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 6 November 2024 for AED 1,300,000, or AED 1,353 per sqft, 9% below the AED 1,491 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 24 August 2024, is AED 80,850 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical one-bed in Elite Residence
500K1M1.5M2009201420192024Typical 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, October 2009: AED 567,800 (AED 591 per sqft)Sold, August 2012: AED 567,800 (AED 591 per sqft)Sold, June 2015: AED 630,000 (AED 655 per sqft)Sold, November 2024: AED 1,300,000 (AED 1,353 per sqft)

2001 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, March 2013: AED 80,000 a yearRenewal, April 2014: AED 80,000 a yearRenewal, April 2015: AED 88,000 a yearRenewal, April 2016: AED 92,400 a yearRenewal, April 2017: AED 92,400 a yearRenewal, April 2018: AED 88,000 a yearNew contract, July 2019: AED 60,000 a yearRenewal, July 2020: AED 57,845 a yearNew contract, August 2022: AED 70,000 a yearRenewal, August 2023: AED 73,500 a yearRenewal, August 2024: AED 80,850 a yearRenewal, August 2024: AED 80,850 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 2001 sits

All 416 1-beds →

2001 last sold in November 2024 at AED 1,353 per sqft, 9% below what one-beds in Elite Residence were fetching at the time (AED 1,491). 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. 2001's AED 80,850 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 20th floor

All 697 units in Elite Residence
Value
20022-bedAED 1.73M · Aug 2025
20031-bedAED 1.33M · May 2024
20041-bedAED 1.25M · Feb 2024
20052-bedAED 2.28M · Aug 2025
20061-bedAED 1.28M · Oct 2024
20071-bedAED 1.27M · Nov 2024
20082-bedAED 1.85M · Jan 2025
1–7 of 11

2001, Elite Residence in numbers

  • Sold 4 times: first on 25 October 2009 for AED 567,800, last on 6 November 2024 for AED 1,300,000 (AED 1,353 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 57,845 in 2020 and recovered to AED 80,850 by August 2024.
  • At AED 80,850 a year the gross yield on the 2024 price is 6.2%, 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 6 November 2024.

Questions about 2001, Elite Residence

What did unit 2001 last sell for?

AED 1,300,000 on 6 November 2024: AED 1,353 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 567,800 in October 2009.

What is the rent for unit 2001?

AED 80,850 a year on the contract renewed on 24 August 2024. The previous contract, from August 2024, was AED 80,850; the unit has been rented since March 2013.

How big is unit 2001?

960 sqft (89.2 sqm): a one-bedroom apartment on the 20th floor of a 83-storey tower completed in 2012.

What is unit 2001 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 2001, Elite Residence

Starts from the last sale price (AED 1.3M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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