2406, Elite Residence
Sold prices and rental history: sold twice, last in October 2012, 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 2406, Elite Residence
What is 2406 worth today?
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Source: Dubai Land Department. Updated 14 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 24th of 83
- Parking
- B3-61
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.3M · October 2012
- Building
- Elite Residence
About 2406, Elite Residence
2406 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 22 October 2012 for AED 1,302,249, or AED 1,356 per sqft, 14% above the AED 1,192 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 14 September 2025, is AED 84,000 a year: a gross yield of 6.5% on the 2012 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2406 over time
2406 has sold twice; 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 2406 sits
All 416 1-beds →2406 last sold in October 2012 at AED 1,356 per sqft, 14% above what one-beds in Elite Residence were fetching at the time (AED 1,192). 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. 2406's AED 84,000 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 24th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 960 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | 105,000 /yr | |
| 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 | |
| 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 |
2406, Elite Residence in numbers
- Sold twice: first on 13 August 2009 for AED 1,302,249, last on 22 October 2012 for AED 1,302,249 (AED 1,356 per sqft).
- Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 84,000 by September 2025.
- At AED 84,000 a year the gross yield on the 2012 price is 6.5%, 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 14 September 2025.
Questions about 2406, Elite Residence
What did unit 2406 last sell for?
AED 1,302,249 on 22 October 2012: AED 1,356 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,302,249 in August 2009.
What is the rent for unit 2406?
AED 84,000 a year on the contract renewed on 14 September 2025. The previous contract, from September 2024, was AED 84,000; the unit has been rented since October 2013.
How big is unit 2406?
960 sqft (89.2 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2406 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 2406, Elite Residence
Starts from the last sale price (AED 1.3M, 22 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,302,249
- Deposit, UAE resident (20%)
- AED 260,450
- Deposit, non-resident (40%)
- AED 520,900
- Monthly over 25 years at 3.7%
- AED 5,328
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →