2-bed · 1,329 sqftElite Residence, Dubai Marina · 8th floor · completed 2012

808, Elite Residence

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 1.65M13 November 2024
Current rentAED 65K /yr10 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Elite Residence

What is 808 worth today?

Last sold for AED 1,650,000 in 2024

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13 Nov 2024SoldReady
AED 1,650,000AED 1,241 per sqft
10 Feb 2021RentedNew contract
AED 65,000/yr13 months · AED 49 per sqft
1 May 2019RentedRenewal
AED 90,000/yr12 months · AED 68 per sqft
1 May 2018RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
2 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
4 Mar 2017RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
4 Mar 2016RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
28 Jun 2015SoldReady
AED 990,000AED 744 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
8th of 83
Parking
B4-38
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.65M · November 2024

About 808, Elite Residence

808 is a two-bedroom apartment of 1,329 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 13 November 2024 for AED 1,650,000, or AED 1,241 per sqft, 13% below the AED 1,427 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 February 2021, is AED 65,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, October 2009: AED 780,900 (AED 587 per sqft)Sold, August 2012: AED 780,900 (AED 587 per sqft)Sold, June 2015: AED 990,000 (AED 744 per sqft)Sold, November 2024: AED 1,650,000 (AED 1,241 per sqft)

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

Rents
Unit 808, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, September 2013: AED 110,000 a yearRenewal, September 2014: AED 121,000 a yearNew contract, March 2016: AED 125,000 a yearRenewal, March 2017: AED 125,000 a yearNew contract, February 2018: AED 120,000 a yearNew contract, May 2018: AED 100,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, February 2021: AED 65,000 a year

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 808 sits

All 208 2-beds →

808 last sold in November 2024 at AED 1,241 per sqft, 13% below what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 808's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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
8011-bedAED 675K · Aug 2015
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
1–7 of 11

808, Elite Residence in numbers

  • Sold 4 times: first on 25 October 2009 for AED 780,900, last on 13 November 2024 for AED 1,650,000 (AED 1,241 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 110,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 3.9%, 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 13 November 2024.

Questions about 808, Elite Residence

What did unit 808 last sell for?

AED 1,650,000 on 13 November 2024: AED 1,241 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 780,900 in October 2009.

What is the rent for unit 808?

AED 65,000 a year on the contract signed on 10 February 2021. The previous contract, from May 2019, was AED 90,000; the unit has been rented since September 2013.

How big is unit 808?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 8th floor of a 83-storey tower completed in 2012.

What is unit 808 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 808, Elite Residence

Starts from the last sale price (AED 1.65M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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