2302, Elite Residence
Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, Elite Residence
What is 2302 worth today?
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Source: Dubai Land Department. Updated 12 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 23rd of 83
- Parking
- P3-39
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.45M · September 2021
- Building
- Elite Residence
About 2302, Elite Residence
2302 is a two-bedroom apartment of 1,329 sqft on the 23rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 14 September 2021 for AED 1,450,000, or AED 1,090 per sqft, 32% above the AED 826 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 12 February 2025, is AED 131,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2302 over time
2302 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 2302 sits
All 208 2-beds →2302 last sold in September 2021 at AED 1,090 per sqft, 32% above what two-beds in Elite Residence were fetching at the time (AED 826). 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. 2302's AED 131,000 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 23rd floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 960 sqft | AED 1.31MAED 1,310,000 · Oct 2016October 2016 | 20,000 /yr | |
| 2303 | 1-bed | 801 sqft | AED 1.57MAED 1,571,856 · Dec 2012December 2012 | 90,486 /yr | |
| 2304 | 1-bed | 802 sqft | AED 922KAED 922,282 · Dec 2012December 2012 | 77,000 /yr | |
| 2305 | 2-bed | 1,329 sqft | AED 2.2MAED 2,200,000 · Nov 2015November 2015 | 120,000 /yr | |
| 2306 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2307 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2308 | 2-bed | 1,329 sqft | AED 1.05MAED 1,050,000 · May 2019May 2019 | 92,447 /yr | |
| 2309 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Oct 2017October 2017 | 75,000 /yr | |
| 2310 | 1-bed | 737 sqft | AED 1.33MAED 1,334,628 · Oct 2012October 2012 | 82,000 /yr | |
| 2311 | 2-bed | 1,329 sqft | AED 1.65MAED 1,650,000 · Nov 2015November 2015 | 150,000 /yr | |
| 2312 | 1-bed | 960 sqft | AED 1.27MAED 1,267,000 · Jun 2025June 2025 | 115,500 /yr |
2302, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 2,598,835, last on 14 September 2021 for AED 1,450,000 (AED 1,090 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 65,000 in 2021 and recovered to AED 131,000 by February 2025.
- At AED 131,000 a year the gross yield on the 2021 price is 9.0%, 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 12 February 2025.
Questions about 2302, Elite Residence
What did unit 2302 last sell for?
AED 1,450,000 on 14 September 2021: AED 1,090 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 2,598,835 in August 2009.
What is the rent for unit 2302?
AED 131,000 a year on the contract signed on 12 February 2025. The previous contract, from February 2025, was AED 131,000; the unit has been rented since February 2014.
How big is unit 2302?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.
What is unit 2302 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 2302, Elite Residence
Starts from the last sale price (AED 1.45M, 14 September 2021). 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 →