1-bed · 960 sqftElite Residence, Dubai Marina · 21st floor · completed 2012

2112, Elite Residence

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 715K28 February 2021
Current rentAED 75K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, Elite Residence

What is 2112 worth today?

Last sold for AED 715,000 in 2021

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20 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
20 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
20 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
20 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
20 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
18 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
28 Feb 2021SoldReady
AED 715,000AED 744 per sqft
18 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
21st of 83
Parking
B3-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 715K · February 2021

About 2112, Elite Residence

2112 is a one-bedroom apartment of 960 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 28 February 2021 for AED 715,000, or AED 744 per sqft, 8% below the AED 807 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 20 October 2024, is AED 75,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2112 over time

Sales
Unit 2112, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical 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, August 2009: AED 1,292,881 (AED 1,346 per sqft)Sold, June 2013: AED 1,292,881 (AED 1,346 per sqft)Sold, September 2013: AED 1,200,000 (AED 1,249 per sqft)Sold, February 2021: AED 715,000 (AED 744 per sqft)

2112 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2112, 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, August 2013: AED 80,000 a yearNew contract, August 2014: AED 80,000 a yearRenewal, August 2015: AED 88,000 a yearRenewal, August 2016: AED 92,400 a yearNew contract, October 2017: AED 84,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, October 2021: AED 55,000 a yearNew contract, October 2022: AED 75,000 a yearRenewal, October 2023: AED 75,000 a yearRenewal, October 2023: AED 75,000 a yearRenewal, October 2024: AED 75,000 a yearRenewal, October 2024: AED 75,000 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 2112 sits

All 416 1-beds →

2112 last sold in February 2021 at AED 744 per sqft, 8% below what one-beds in Elite Residence were fetching at the time (AED 807). 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. 2112's AED 75,000 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 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

2112, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 1,292,881, last on 28 February 2021 for AED 715,000 (AED 744 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 75,000 by October 2024.
  • At AED 75,000 a year the gross yield on the 2021 price is 10.5%, 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 20 October 2024.

Questions about 2112, Elite Residence

What did unit 2112 last sell for?

AED 715,000 on 28 February 2021: AED 744 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,292,881 in August 2009.

What is the rent for unit 2112?

AED 75,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2024, was AED 75,000; the unit has been rented since August 2013.

How big is unit 2112?

960 sqft (89.2 sqm): a one-bedroom apartment on the 21st floor of a 83-storey tower completed in 2012.

What is unit 2112 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 2112, Elite Residence

Starts from the last sale price (AED 715K, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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