2408, Elite Residence
Sold prices and rental history: sold 5 times, last in August 2022, 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 2408, Elite Residence
What is 2408 worth today?
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Source: Dubai Land Department. Updated 16 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 24th of 83
- Parking
- P3-80
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.62M · August 2022
- Building
- Elite Residence
About 2408, Elite Residence
2408 is a two-bedroom apartment of 1,329 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 10 August 2022 for AED 1,615,000, or AED 1,214 per sqft, 11% above the AED 1,097 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 16 September 2026, is AED 120,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2408 over time
2408 has sold 5 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 2408 sits
All 208 2-beds →2408 last sold in August 2022 at AED 1,214 per sqft, 11% above what two-beds in Elite Residence were fetching at the time (AED 1,097). 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. 2408's AED 120,000 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 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 | |
| 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 | ||
| 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 |
2408, Elite Residence in numbers
- Sold 5 times: first on 9 June 2013 for AED 1,320,000, last on 10 August 2022 for AED 1,615,000 (AED 1,214 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2020 and recovered to AED 120,000 by September 2026.
- At AED 120,000 a year the gross yield on the 2022 price is 7.4%, 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 16 September 2026.
Questions about 2408, Elite Residence
What did unit 2408 last sell for?
AED 1,615,000 on 10 August 2022: AED 1,214 per sqft for 1,329 sqft. The unit has 5 registered sales; the first was AED 1,320,000 in June 2013.
What is the rent for unit 2408?
AED 120,000 a year on the contract signed on 16 September 2026. The previous contract, from October 2023, was AED 128,000; the unit has been rented since September 2013.
How big is unit 2408?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2408 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 2408, Elite Residence
Starts from the last sale price (AED 1.62M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,615,000
- Deposit, UAE resident (20%)
- AED 323,000
- Deposit, non-resident (40%)
- AED 646,000
- Monthly over 25 years at 3.7%
- AED 6,607
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →