2308, Elite Residence
Sold prices and rental history: sold 4 times, last in May 2019, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Elite Residence
What is 2308 worth today?
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Source: Dubai Land Department. Updated 7 May 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 23rd of 83
- Parking
- P3-93
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.05M · May 2019
- Building
- Elite Residence
About 2308, Elite Residence
2308 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 7 May 2019 for AED 1,050,000, or AED 789 per sqft, 18% below the AED 968 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 October 2013. The current contract, signed on 6 October 2013, is AED 92,447 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2308 over time
2308 has sold 4 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 2308 sits
All 208 2-beds →2308 last sold in May 2019 at AED 789 per sqft, 18% below what two-beds in Elite Residence were fetching at the time (AED 968). 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. 2308's AED 92,447 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 | |
| 2302 | 2-bed | 1,329 sqft | AED 1.45MAED 1,450,000 · Sep 2021September 2021 | 131,000 /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 | ||
| 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 |
2308, Elite Residence in numbers
- Sold 4 times: first on 11 June 2012 for AED 1,251,335, last on 7 May 2019 for AED 1,050,000 (AED 789 per sqft).
- Rented since October 2013 on one Ejari contract, at AED 92,447 a year.
- At AED 92,447 a year the gross yield on the 2019 price is 8.8%, 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 7 May 2019.
Questions about 2308, Elite Residence
What did unit 2308 last sell for?
AED 1,050,000 on 7 May 2019: AED 789 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 1,251,335 in June 2012.
What is the rent for unit 2308?
AED 92,447 a year on the contract signed on 6 October 2013.
How big is unit 2308?
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 2308 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 2308, Elite Residence
Starts from the last sale price (AED 1.05M, 7 May 2019). 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 →