1-bed · 960 sqftElite Residence, Dubai Marina · 9th floor · completed 2012

912, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 912 · DLD and Ejari recordsUpdated 19 May 2019
Last soldAED 1.32M27 December 2012
Current rentAED 85K /yr19 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Elite Residence

What is 912 worth today?

Last sold for AED 1,318,176 in 2012

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19 May 2019RentedRenewal
AED 84,750/yr4 months · AED 88 per sqft
19 May 2018RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
19 May 2017RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
19 May 2016RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
27 Dec 2012SoldReady
AED 1,318,176AED 1,372 per sqft
23 Aug 2009Sold by developerOff-plan
AED 1,318,176AED 1,372 per sqft

Source: Dubai Land Department. Updated 19 May 2019.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
9th of 83
Parking
P4-49
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.32M · December 2012

About 912, Elite Residence

912 is a one-bedroom apartment of 960 sqft on the 9th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 December 2012 for AED 1,318,176, or AED 1,372 per sqft, in line with the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 19 May 2019, is AED 84,750 a year: a gross yield of 6.4% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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 1,318,176 (AED 1,372 per sqft)Sold, December 2012: AED 1,318,176 (AED 1,372 per sqft)

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

Rents
Unit 912, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, May 2016: AED 90,000 a yearRenewal, May 2017: AED 90,000 a yearRenewal, May 2018: AED 85,000 a yearRenewal, May 2019: AED 84,750 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 912 sits

All 416 1-beds →

912 last sold in December 2012 at AED 1,372 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 912's AED 84,750 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 9th floor

All 697 units in Elite Residence
Value
9011-bedAED 1.02M · Feb 2013
9022-bedAED 1.85M · Nov 2015
9031-bedAED 1.18M · Nov 2012
9041-bedAED 1.55M · Feb 2025
9052-bedAED 1.7M · Apr 2013
9061-bedAED 1.27M · Jun 2025
9071-bedAED 1.32M · Dec 2012
1–7 of 11

912, Elite Residence in numbers

  • Sold twice: first on 23 August 2009 for AED 1,318,176, last on 27 December 2012 for AED 1,318,176 (AED 1,372 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 90,000 to AED 84,750 a year.
  • At AED 84,750 a year the gross yield on the 2012 price is 6.4%, 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 19 May 2019.

Questions about 912, Elite Residence

What did unit 912 last sell for?

AED 1,318,176 on 27 December 2012: AED 1,372 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,318,176 in August 2009.

What is the rent for unit 912?

AED 84,750 a year on the contract renewed on 19 May 2019. The previous contract, from May 2018, was AED 85,000; the unit has been rented since May 2016.

How big is unit 912?

960 sqft (89.2 sqm): a one-bedroom apartment on the 9th floor of a 83-storey tower completed in 2012.

What is unit 912 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 912, Elite Residence

Starts from the last sale price (AED 1.32M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,176
Deposit, UAE resident (20%)
AED 263,635
Deposit, non-resident (40%)
AED 527,270
Monthly over 25 years at 3.7%
AED 5,393

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