1-bed · 960 sqftElite Residence, Dubai Marina · 8th floor · completed 2012

801, Elite Residence

Sold prices and rental history: sold 4 times, last in August 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 23 August 2023
Last soldAED 675K19 August 2015
Current rentAED 60K /yr23 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Elite Residence

What is 801 worth today?

Last sold for AED 675,000 in 2015

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23 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
23 Aug 2022RentedRenewal
AED 56,666/yr12 months · AED 59 per sqft
23 Aug 2021RentedRenewal
AED 54,000/yr12 months · AED 56 per sqft
23 Feb 2021RentedRenewal
AED 40,000/yr6 months · AED 42 per sqft
23 Aug 2020RentedRenewal
AED 50,000/yr6 months · AED 52 per sqft
23 Aug 2019RentedRenewal
AED 66,000/yr12 months · AED 69 per sqft
24 Aug 2018RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
5 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 23 August 2023.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
8th of 83
Parking
B4-06
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 675K · August 2015

About 801, Elite Residence

801 is a one-bedroom apartment of 960 sqft on the 8th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 19 August 2015 for AED 675,000, or AED 702 per sqft, 48% below the AED 1,355 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 23 August 2023, is AED 60,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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, August 2009: AED 1,252,283 (AED 1,303 per sqft)Sold, February 2013: AED 940,000 (AED 978 per sqft)Sold, February 2013: AED 1,252,283 (AED 1,303 per sqft)Sold, August 2015: AED 675,000 (AED 702 per sqft)

801 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 801, 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, March 2013: AED 75,000 a yearNew contract, March 2014: AED 82,500 a yearNew contract, September 2015: AED 95,000 a yearNew contract, September 2016: AED 85,000 a yearNew contract, August 2018: AED 70,000 a yearRenewal, August 2019: AED 66,000 a yearRenewal, August 2020: AED 50,000 a yearRenewal, February 2021: AED 40,000 a yearRenewal, August 2021: AED 54,000 a yearRenewal, August 2022: AED 56,666 a yearRenewal, August 2023: AED 60,000 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 801 sits

All 416 1-beds →

801 last sold in August 2015 at AED 702 per sqft, 48% below what one-beds in Elite Residence were fetching at the time (AED 1,355). 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. 801's AED 60,000 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 8th floor

All 697 units in Elite Residence
Value
8022-bedAED 2.05M · Jul 2013
8031-bedAED 1.1M · Apr 2026
8041-bedAED 1.58M · Oct 2012
8052-bedAED 1.85M · Oct 2025
8061-bedAED 1.37M · Jan 2014
8071-bedAED 1.45M · Dec 2012
8082-bedAED 1.65M · Nov 2024
1–7 of 11

801, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 1,252,283, last on 19 August 2015 for AED 675,000 (AED 702 per sqft).
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 60,000 by August 2023.
  • At AED 60,000 a year the gross yield on the 2015 price is 8.9%, 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 23 August 2023.

Questions about 801, Elite Residence

What did unit 801 last sell for?

AED 675,000 on 19 August 2015: AED 702 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,252,283 in August 2009.

What is the rent for unit 801?

AED 60,000 a year on the contract renewed on 23 August 2023. The previous contract, from August 2022, was AED 56,666; the unit has been rented since March 2013.

How big is unit 801?

960 sqft (89.2 sqm): a one-bedroom apartment on the 8th floor of a 83-storey tower completed in 2012.

What is unit 801 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 801, Elite Residence

Starts from the last sale price (AED 675K, 19 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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