2-bed · 1,329 sqftElite Residence, Dubai Marina · 20th floor · completed 2012

2008, Elite Residence

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 1.85M29 January 2025
Current rentAED 87K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Elite Residence

What is 2008 worth today?

Last sold for AED 1,850,000 in 2025

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29 Jan 2025SoldReady
AED 1,850,000AED 1,391 per sqft
1 May 2023RentedRenewal
AED 86,940/yr12 months · AED 65 per sqft
1 May 2022RentedRenewal
AED 75,600/yr12 months · AED 57 per sqft
1 May 2021RentedNew contract
AED 63,000/yr12 months · AED 47 per sqft
23 Feb 2021RentedNew contract
AED 63,000/yr12 months · AED 47 per sqft
29 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
1 Feb 2018RentedRenewal
AED 118,000/yr12 months · AED 89 per sqft
1 Feb 2017RentedNew contract
AED 118,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
20th of 83
Parking
B4-46
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.85M · January 2025

About 2008, Elite Residence

2008 is a two-bedroom apartment of 1,329 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 29 January 2025 for AED 1,850,000, or AED 1,391 per sqft, in line with the AED 1,427 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 86,940 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 17,400 a year.

Sales and rents for 2008 over time

Sales
Unit 2008, 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, October 2009: AED 780,900 (AED 587 per sqft)Sold, August 2012: AED 780,900 (AED 587 per sqft)Sold, June 2015: AED 990,000 (AED 744 per sqft)Sold, January 2025: AED 1,850,000 (AED 1,391 per sqft)

2008 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2008, 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 120,000New contract, July 2013: AED 110,000 a yearNew contract, February 2017: AED 118,000 a yearRenewal, February 2018: AED 118,000 a yearNew contract, July 2019: AED 80,000 a yearNew contract, February 2021: AED 63,000 a yearNew contract, May 2021: AED 63,000 a yearRenewal, May 2022: AED 75,600 a yearRenewal, May 2023: AED 86,940 a year

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 2008 sits

All 208 2-beds →

2008 last sold in January 2025 at AED 1,391 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 2008's AED 86,940 is in the lower half of that range.

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 20th floor

All 697 units in Elite Residence
Value
20011-bedAED 1.3M · Nov 2024
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
1–7 of 11

2008, Elite Residence in numbers

  • Sold 4 times: first on 25 October 2009 for AED 780,900, last on 29 January 2025 for AED 1,850,000 (AED 1,391 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 63,000 in 2021 and recovered to AED 86,940 by May 2023.
  • At AED 86,940 a year the gross yield on the 2025 price is 4.7%, 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 29 January 2025.

Questions about 2008, Elite Residence

What did unit 2008 last sell for?

AED 1,850,000 on 29 January 2025: AED 1,391 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 780,900 in October 2009.

What is the rent for unit 2008?

AED 86,940 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 75,600; the unit has been rented since July 2013.

How big is unit 2008?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 20th floor of a 83-storey tower completed in 2012.

What is unit 2008 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 2008, Elite Residence

Starts from the last sale price (AED 1.85M, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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