2309, Elite Residence
Sold prices and rental history: sold 4 times, last in October 2017, 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 2309, Elite Residence
What is 2309 worth today?
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Source: Dubai Land Department. Updated 19 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 23rd of 83
- Parking
- B3-16
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.1M · October 2017
- Building
- Elite Residence
About 2309, Elite Residence
2309 is a one-bedroom apartment of 737 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 26 October 2017 for AED 1,100,000, or AED 1,493 per sqft, 10% above the AED 1,354 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 19 September 2023, is AED 75,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 9,700 a year.
Sales and rents for 2309 over time
2309 has sold 4 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 2309 sits
All 416 1-beds →2309 last sold in October 2017 at AED 1,493 per sqft, 10% above what one-beds in Elite Residence were fetching at the time (AED 1,354). 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. 2309's AED 75,000 is in the lower 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 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 | ||
| 2308 | 2-bed | 1,329 sqft | AED 1.05MAED 1,050,000 · May 2019May 2019 | 92,447 /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 |
2309, Elite Residence in numbers
- Sold 4 times: first on 13 August 2009 for AED 1,271,074, last on 26 October 2017 for AED 1,100,000 (AED 1,493 per sqft).
- Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 112,000 to AED 65,000 in 2022 and recovered to AED 75,000 by September 2023.
- At AED 75,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 9,700 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 19 September 2023.
Questions about 2309, Elite Residence
What did unit 2309 last sell for?
AED 1,100,000 on 26 October 2017: AED 1,493 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 1,271,074 in August 2009.
What is the rent for unit 2309?
AED 75,000 a year on the contract renewed on 19 September 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since December 2014.
How big is unit 2309?
737 sqft (68.5 sqm): a one-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.
What is unit 2309 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 2309, Elite Residence
Starts from the last sale price (AED 1.1M, 26 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →