2401, Elite Residence
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, Elite Residence
What is 2401 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 24th of 83
- Parking
- B3-05
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 2.1M · August 2024
- Building
- Elite Residence
About 2401, Elite Residence
2401 is a one-bedroom apartment of 960 sqft on the 24th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 1 August 2024 for AED 2,100,000, or AED 2,186 per sqft, 46% above the AED 1,493 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 22 September 2023, is AED 105,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2401 over time
2401 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 2401 sits
All 416 1-beds →2401 last sold in August 2024 at AED 2,186 per sqft, 46% above what one-beds in Elite Residence were fetching at the time (AED 1,493). 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. 2401's AED 105,000 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 24th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 2-bed | 1,329 sqft | AED 2.12MAED 2,117,500 · Dec 2015December 2015 | 110,000 /yr | |
| 2403 | 1-bed | 801 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 | 82,500 /yr | |
| 2404 | 1-bed | 802 sqft | AED 1.09MAED 1,090,000 · Feb 2022February 2022 | 80,000 /yr | |
| 2405 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Apr 2026April 2026 | 165,000 /yr | |
| 2406 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | 84,000 /yr | |
| 2407 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | ||
| 2408 | 2-bed | 1,329 sqft | AED 1.62MAED 1,615,000 · Aug 2022August 2022 | 120,000 /yr | |
| 2409 | 1-bed | 737 sqft | AED 1.33MAED 1,330,000 · Aug 2014August 2014 | 80,000 /yr | |
| 2410 | 1-bed | 737 sqft | AED 1.13MAED 1,125,000 · Apr 2017April 2017 | 76,532 /yr | |
| 2411 | 2-bed | 1,329 sqft | AED 1.8MAED 1,800,000 · Jan 2025January 2025 | 115,000 /yr | |
| 2412 | 1-bed | 960 sqft | AED 1.3MAED 1,302,638 · Jan 2013January 2013 | 95,000 /yr |
2401, Elite Residence in numbers
- Sold 4 times: first on 9 August 2009 for AED 1,289,228, last on 1 August 2024 for AED 2,100,000 (AED 2,186 per sqft).
- Rented since September 2019 on 4 Ejari contracts, from AED 70,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 5.0%, 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 1 August 2024.
Questions about 2401, Elite Residence
What did unit 2401 last sell for?
AED 2,100,000 on 1 August 2024: AED 2,186 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,289,228 in August 2009.
What is the rent for unit 2401?
AED 105,000 a year on the contract signed on 22 September 2023. The previous contract, from September 2022, was AED 72,000; the unit has been rented since September 2019.
How big is unit 2401?
960 sqft (89.2 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2401 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 2401, Elite Residence
Starts from the last sale price (AED 2.1M, 1 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →