1001, Elite Residence
Sold prices and rental history: sold 3 times, last in July 2021, 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 1001, Elite Residence
What is 1001 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 520 sqft
- Floor
- 10th of 83
- Parking
- B4-66
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 6,800 /yr
- Last sold
- AED 104K · July 2021
- Building
- Elite Residence
About 1001, Elite Residence
1001 is a one-bedroom apartment of 520 sqft on the 10th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 14 July 2021 for AED 104,100, or AED 520 per sqft, 38% below the AED 833 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 95,000 a year: a gross yield of 91.3% on the 2021 price, before the service charge of about AED 6,800 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1001 sits
All 398 1-beds →1001 last sold in July 2021 at AED 520 per sqft, 38% below what one-beds in Elite Residence were fetching at the time (AED 833). Over the last 12 months one-beds sold for AED 1,190,000 to 1,450,000, around AED 1,615 per sqft, and rent for AED 36,725 to 137,000 a year. 1001's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 737 sqft | 1,190,000 | 1,615 | ||
| 9 Jan 20269 January 2026 | 737 sqft | 1,230,000 | 1,669 | ||
| 6 Jan 20266 January 2026 | 960 sqft | 1,346,497 | 1,403 | ||
| 19 Dec 202519 December 2025 | 960 sqft | 1,450,000 | 1,511 |
Elite Residence
Building697 apartments, 1-bed to 5-bed over 83 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,404 Down 1.7%
- Typical sale
- AED 1.85M
- Typical rent
- AED 105K /yr
- Typical yield
- 7.0%
Other units on the 10th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 665 sqft | AED 2.42MAED 2,419,291 · Sep 2012September 2012 | 121,275 /yr | |
| 1003 | 1-bed | 801 sqft | AED 1.52MAED 1,522,736 · Jul 2013July 2013 | 82,500 /yr | |
| 1004 | 1-bed | 802 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | 57,000 /yr | |
| 1005 | 2-bed | 1,329 sqft | AED 1.95MAED 1,950,000 · Sep 2023September 2023 | 190,000 /yr | |
| 1006 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Apr 2017April 2017 | 90,000 /yr | |
| 1007 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 105,000 /yr | |
| 1008 | 2-bed | 1,329 sqft | AED 1.7MAED 1,700,000 · Feb 2016February 2016 | 135,000 /yr | |
| 1009 | 1-bed | 737 sqft | AED 1.15MAED 1,150,000 · Jul 2015July 2015 | 85,000 /yr | |
| 1010 | 1-bed | 737 sqft | AED 1.28MAED 1,275,000 · May 2015May 2015 | 68,000 /yr | |
| 1011 | 2-bed | 1,329 sqft | AED 990KAED 990,000 · Jun 2015June 2015 | 111,320 /yr | |
| 1012 | 1-bed | 960 sqft | AED 980KAED 980,000 · Mar 2013March 2013 | 95,000 /yr |
1001, Elite Residence in numbers
- Sold 3 times: first on 26 August 2009 for AED 1,258,529, last on 14 July 2021 for AED 104,100 (AED 520 per sqft).
- Rented since February 2013 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2021 and recovered to AED 95,000 by October 2024.
- At AED 95,000 a year the gross yield on the 2021 price is 91.3%, before a service charge of about AED 6,800 a year (AED 13.10 per sqft).
- One-beds in Elite Residence sold for AED 1,190,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 1001, Elite Residence
What did unit 1001 last sell for?
AED 104,100 on 14 July 2021: AED 520 per sqft for 520 sqft. The unit has 3 registered sales; the first was AED 1,258,529 in August 2009.
What is the rent for unit 1001?
AED 95,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 90,000; the unit has been rented since February 2013.
How big is unit 1001?
520 sqft (48.3 sqm): a one-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.
What is unit 1001 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 1,190,000 to 1,450,000 in the last 12 months, around AED 1,615 per sqft.
Selling 1001? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1001, Elite Residence
Starts from the last sale price (AED 104K, 14 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 104,100
- Deposit, UAE resident (20%)
- AED 20,820
- Deposit, non-resident (40%)
- AED 41,640
- Monthly over 25 years at 3.7%
- AED 426
Plus AED 7,282 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →