2206, Elite Residence
Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2206, Elite Residence
What is 2206 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 22nd of 83
- Parking
- B3-58
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.05M · May 2016
- Building
- Elite Residence
About 2206, Elite Residence
2206 is a one-bedroom apartment of 960 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 31 May 2016 for AED 1,050,000, or AED 1,093 per sqft, 20% below the AED 1,371 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2206 over time
2206 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2206 sits
All 416 1-beds →2206 last sold in May 2016 at AED 1,093 per sqft, 20% below what one-beds in Elite Residence were fetching at the time (AED 1,371). 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. 2206's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
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 | |
| 2202 | 2-bed | 1,329 sqft | AED 1.89MAED 1,890,000 · Feb 2024February 2024 | 135,000 /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 | |
| 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 |
2206, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 1,296,004, last on 31 May 2016 for AED 1,050,000 (AED 1,093 per sqft).
- Rented since June 2013 on 4 Ejari contracts, from AED 80,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2016 price is 9.5%, 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 21 November 2024.
Questions about 2206, Elite Residence
What did unit 2206 last sell for?
AED 1,050,000 on 31 May 2016: AED 1,093 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,296,004 in August 2009.
What is the rent for unit 2206?
AED 100,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2024, was AED 100,000; the unit has been rented since June 2013.
How big is unit 2206?
960 sqft (89.2 sqm): a one-bedroom apartment on the 22nd floor of a 83-storey tower completed in 2012.
What is unit 2206 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 2206, Elite Residence
Starts from the last sale price (AED 1.05M, 31 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →