1-bed · 960 sqftElite Residence, Dubai Marina · 24th floor · completed 2012

2412, Elite Residence

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1.3M17 January 2013
Current rentAED 95K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, Elite Residence

What is 2412 worth today?

Last sold for AED 1,302,638 in 2013

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1 Apr 2026RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
1 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
1 Apr 2024RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Apr 2024RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Apr 2023RentedRenewal
AED 60,500/yr12 months · AED 63 per sqft
1 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
1 Apr 2021RentedRenewal
AED 49,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
24th of 83
Parking
P3-61
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.3M · January 2013

About 2412, Elite Residence

2412 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 17 January 2013 for AED 1,302,638, or AED 1,356 per sqft, in line with the AED 1,367 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 95,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2412 over time

Sales
Unit 2412, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, December 2012: AED 1,091,985 (AED 1,136 per sqft)Sold, January 2013: AED 1,302,638 (AED 1,356 per sqft)

2412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2412, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, April 2017: AED 85,000 a yearNew contract, April 2018: AED 82,000 a yearNew contract, April 2019: AED 72,000 a yearRenewal, April 2021: AED 49,000 a yearRenewal, April 2022: AED 55,000 a yearRenewal, April 2023: AED 60,500 a yearRenewal, April 2024: AED 95,000 a yearRenewal, April 2024: AED 95,000 a yearNew contract, April 2025: AED 95,000 a yearNew contract, April 2025: AED 95,000 a yearRenewal, April 2026: AED 95,000 a year

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 2412 sits

All 416 1-beds →

2412 last sold in January 2013 at AED 1,356 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,367). 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. 2412's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 697 units in Elite Residence
Value
24011-bedAED 2.1M · Aug 2024
24022-bedAED 2.12M · Dec 2015
24031-bedAED 2.1M · Feb 2024
24041-bedAED 1.09M · Feb 2022
24052-bedAED 1.9M · Apr 2026
24061-bedAED 1.3M · Oct 2012
24071-bedAED 1.3M · Oct 2012
1–7 of 11

2412, Elite Residence in numbers

  • Sold twice: first on 12 December 2012 for AED 1,091,985, last on 17 January 2013 for AED 1,302,638 (AED 1,356 per sqft).
  • Rented since April 2017 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 49,000 in 2021 and recovered to AED 95,000 by April 2026.
  • At AED 95,000 a year the gross yield on the 2013 price is 7.3%, 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 April 2026.

Questions about 2412, Elite Residence

What did unit 2412 last sell for?

AED 1,302,638 on 17 January 2013: AED 1,356 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,091,985 in December 2012.

What is the rent for unit 2412?

AED 95,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 95,000; the unit has been rented since April 2017.

How big is unit 2412?

960 sqft (89.2 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.

What is unit 2412 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 2412, Elite Residence

Starts from the last sale price (AED 1.3M, 17 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,302,638
Deposit, UAE resident (20%)
AED 260,528
Deposit, non-resident (40%)
AED 521,055
Monthly over 25 years at 3.7%
AED 5,329

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →