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

2111, Elite Residence

Sold prices and rental history: sold 4 times, last in June 2023, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2111 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.45M23 June 2023
Current rentAED 68K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2111, Elite Residence

What is 2111 worth today?

Last sold for AED 1,450,000 in 2023

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23 Jun 2023SoldReady
AED 1,450,000AED 1,090 per sqft
20 Dec 2020RentedNew contract
AED 67,500/yr12 months · AED 51 per sqft
26 Sep 2013SoldReady
AED 1,700,000AED 1,278 per sqft
2 Jul 2013SoldReady
AED 1,775,432AED 1,335 per sqft
13 Aug 2009Sold by developerOff-plan
AED 2,245,510AED 1,689 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
21st of 83
Parking
B4-81
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.45M · June 2023

About 2111, Elite Residence

2111 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 23 June 2023 for AED 1,450,000, or AED 1,090 per sqft, 9% below the AED 1,194 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2020. The current contract, signed on 20 December 2020, is AED 67,500 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 17,400 a year.

Sales and rents for 2111 over time

Sales
Unit 2111, 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 2,245,510 (AED 1,689 per sqft)Sold, July 2013: AED 1,775,432 (AED 1,335 per sqft)Sold, September 2013: AED 1,700,000 (AED 1,278 per sqft)Sold, June 2023: AED 1,450,000 (AED 1,090 per sqft)

2111 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2111, 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, December 2020: AED 67,500 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 2111 sits

All 208 2-beds →

2111 last sold in June 2023 at AED 1,090 per sqft, 9% below what two-beds in Elite Residence were fetching at the time (AED 1,194). 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. 2111's AED 67,500 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 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

2111, Elite Residence in numbers

  • Sold 4 times: first on 13 August 2009 for AED 2,245,510, last on 23 June 2023 for AED 1,450,000 (AED 1,090 per sqft).
  • Rented since December 2020 on one Ejari contract, at AED 67,500 a year.
  • At AED 67,500 a year the gross yield on the 2023 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 23 June 2023.

Questions about 2111, Elite Residence

What did unit 2111 last sell for?

AED 1,450,000 on 23 June 2023: AED 1,090 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,245,510 in August 2009.

What is the rent for unit 2111?

AED 67,500 a year on the contract signed on 20 December 2020.

How big is unit 2111?

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 2111 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 2111, Elite Residence

Starts from the last sale price (AED 1.45M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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