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

2011, Elite Residence

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 990K28 June 2015
Current rentAED 83K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Elite Residence

What is 2011 worth today?

Last sold for AED 990,000 in 2015

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15 Feb 2023RentedRenewal
AED 82,800/yr12 months · AED 62 per sqft
15 Feb 2022RentedRenewal
AED 72,000/yr12 months · AED 54 per sqft
15 Jan 2021RentedNew contract
AED 60,000/yr13 months · AED 45 per sqft
5 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 75 per sqft
5 Feb 2018RentedRenewal
AED 115,000/yr12 months · AED 87 per sqft
5 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
28 Jun 2015SoldReady
AED 990,000AED 744 per sqft
14 Apr 2013RentedNew contract
AED 99,723/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
20th of 83
Parking
P4-80
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 990K · June 2015

About 2011, Elite Residence

2011 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 28 June 2015 for AED 990,000, or AED 744 per sqft, in line with the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 82,800 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 17,400 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, 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)

2011 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2011, each contractTypical two-bed in Elite Residence
50K100K2012201620202024Typical 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, April 2013: AED 99,723 a yearNew contract, February 2017: AED 120,000 a yearRenewal, February 2018: AED 115,000 a yearRenewal, February 2019: AED 100,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, February 2022: AED 72,000 a yearRenewal, February 2023: AED 82,800 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 2011 sits

All 208 2-beds →

2011 last sold in June 2015 at AED 744 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 744). 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. 2011's AED 82,800 is at the bottom 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

2011, Elite Residence in numbers

  • Sold 3 times: first on 25 October 2009 for AED 780,900, last on 28 June 2015 for AED 990,000 (AED 744 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 99,723 to AED 60,000 in 2021 and recovered to AED 82,800 by February 2023.
  • At AED 82,800 a year the gross yield on the 2015 price is 8.4%, 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 February 2023.

Questions about 2011, Elite Residence

What did unit 2011 last sell for?

AED 990,000 on 28 June 2015: AED 744 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 780,900 in October 2009.

What is the rent for unit 2011?

AED 82,800 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 72,000; the unit has been rented since April 2013.

How big is unit 2011?

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 2011 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 2011, Elite Residence

Starts from the last sale price (AED 990K, 28 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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