2-bed · 1,329 sqftElite Residence, Dubai Marina · 21st floor · completed 2012

2108, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2108 · DLD and Ejari recordsUpdated 10 April 2022
Last soldAED 1.37M26 December 2012
Current rentAED 105K /yr10 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2108, Elite Residence

What is 2108 worth today?

Last sold for AED 1,368,000 in 2012

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10 Apr 2022RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
5 Jul 2019RentedNew contract
AED 87,000/yr12 months · AED 65 per sqft
1 Apr 2016RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
26 Dec 2012SoldReady
AED 1,368,000AED 1,029 per sqft
29 Apr 2012Sold by developerOff-plan
AED 1,368,000AED 1,029 per sqft

Source: Dubai Land Department. Updated 10 April 2022.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
21st of 83
Parking
P3-86
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.37M · December 2012

About 2108, Elite Residence

2108 is a two-bedroom apartment of 1,329 sqft on the 21st floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 December 2012 for AED 1,368,000, or AED 1,029 per sqft, 8% below the AED 1,122 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 10 April 2022, is AED 105,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 17,400 a year.

Sales and rents for 2108 over time

Sales
Unit 2108, 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, April 2012: AED 1,368,000 (AED 1,029 per sqft)Sold, December 2012: AED 1,368,000 (AED 1,029 per sqft)

2108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2108, 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, April 2016: AED 125,000 a yearNew contract, July 2019: AED 87,000 a yearNew contract, April 2022: AED 105,000 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 2108 sits

All 208 2-beds →

2108 last sold in December 2012 at AED 1,029 per sqft, 8% below what two-beds in Elite Residence were fetching at the time (AED 1,122). 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. 2108's AED 105,000 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 21st floor

All 697 units in Elite Residence
Value
21011-bedAED 1.29M · Apr 2013
21022-bedAED 1.95M · Jan 2026
21031-bedAED 1.53M · Aug 2015
21041-bedAED 1.55M · Sep 2016
21052-bedAED 2.3M · Jan 2024
21061-bedAED 1.5M · Sep 2014
21071-bedAED 740K · Sep 2020
1–7 of 11

2108, Elite Residence in numbers

  • Sold twice: first on 29 April 2012 for AED 1,368,000, last on 26 December 2012 for AED 1,368,000 (AED 1,029 per sqft).
  • Rented since April 2016 on 3 Ejari contracts. The rent fell from AED 125,000 to AED 87,000 in 2019 and recovered to AED 105,000 by April 2022.
  • At AED 105,000 a year the gross yield on the 2012 price is 7.7%, 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 10 April 2022.

Questions about 2108, Elite Residence

What did unit 2108 last sell for?

AED 1,368,000 on 26 December 2012: AED 1,029 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 1,368,000 in April 2012.

What is the rent for unit 2108?

AED 105,000 a year on the contract signed on 10 April 2022. The previous contract, from July 2019, was AED 87,000; the unit has been rented since April 2016.

How big is unit 2108?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 21st floor of a 83-storey tower completed in 2012.

What is unit 2108 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 2108, Elite Residence

Starts from the last sale price (AED 1.37M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,000
Deposit, UAE resident (20%)
AED 273,600
Deposit, non-resident (40%)
AED 547,200
Monthly over 25 years at 3.7%
AED 5,597

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