2202, Elite Residence
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2202, Elite Residence
What is 2202 worth today?
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Source: Dubai Land Department. Updated 18 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 22nd of 83
- Parking
- P4-63
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.89M · February 2024
- Building
- Elite Residence
About 2202, Elite Residence
2202 is a two-bedroom apartment of 1,329 sqft on the 22nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 19 February 2024 for AED 1,890,000, or AED 1,421 per sqft, 8% above the AED 1,318 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 18 August 2024, is AED 135,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2202 over time
2202 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2202 sits
All 208 2-beds →2202 last sold in February 2024 at AED 1,421 per sqft, 8% above what two-beds in Elite Residence were fetching at the time (AED 1,318). 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. 2202's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
Elite Residence
Building697 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%
Other units on the 22nd floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 960 sqft | AED 1.3MAED 1,296,004 · Dec 2012December 2012 | 85,000 /yr | |
| 2203 | 1-bed | 801 sqft | AED 1.23MAED 1,225,000 · Oct 2024October 2024 | 120,000 /yr | |
| 2204 | 1-bed | 802 sqft | AED 1.25MAED 1,250,000 · Mar 2013March 2013 | 100,000 /yr | |
| 2205 | 2-bed | 1,329 sqft | AED 2.59MAED 2,592,588 · Dec 2012December 2012 | 137,500 /yr | |
| 2206 | 1-bed | 960 sqft | AED 1.05MAED 1,050,000 · May 2016May 2016 | 100,000 /yr | |
| 2207 | 1-bed | 960 sqft | AED 1.08MAED 1,077,323 · Dec 2012December 2012 | 85,000 /yr | |
| 2208 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Oct 2013October 2013 | 135,000 /yr | |
| 2209 | 1-bed | 737 sqft | AED 720KAED 720,000 · Nov 2021November 2021 | 90,000 /yr | |
| 2210 | 1-bed | 737 sqft | AED 1.33MAED 1,331,420 · Oct 2012October 2012 | 90,000 /yr | |
| 2211 | 2-bed | 1,329 sqft | AED 2MAED 2,000,000 · Oct 2022October 2022 | ||
| 2212 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · May 2013May 2013 | 97,000 /yr |
2202, Elite Residence in numbers
- Sold 3 times: first on 17 May 2012 for AED 1,192,590, last on 19 February 2024 for AED 1,890,000 (AED 1,421 per sqft).
- Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 71,250 in 2020 and recovered to AED 135,000 by August 2024.
- At AED 135,000 a year the gross yield on the 2024 price is 7.1%, 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 18 August 2024.
Questions about 2202, Elite Residence
What did unit 2202 last sell for?
AED 1,890,000 on 19 February 2024: AED 1,421 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 1,192,590 in May 2012.
What is the rent for unit 2202?
AED 135,000 a year on the contract signed on 18 August 2024. The previous contract, from August 2024, was AED 135,000; the unit has been rented since February 2016.
How big is unit 2202?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 22nd floor of a 83-storey tower completed in 2012.
What is unit 2202 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 2202, Elite Residence
Starts from the last sale price (AED 1.89M, 19 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,890,000
- Deposit, UAE resident (20%)
- AED 378,000
- Deposit, non-resident (40%)
- AED 756,000
- Monthly over 25 years at 3.7%
- AED 7,733
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →