1002, Elite Residence
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Elite Residence
What is 1002 worth today?
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Source: Dubai Land Department. Updated 30 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 665 sqft
- Floor
- 10th of 83
- Parking
- B4-23
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 8,700 /yr
- Last sold
- AED 2.42M · September 2012
- Building
- Elite Residence
About 1002, Elite Residence
1002 is a two-bedroom apartment of 665 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 10 September 2012 for AED 2,419,291, or AED 1,819 per sqft, 83% above the AED 996 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 30 August 2025, is AED 121,275 a year: a gross yield of 5.0% on the 2012 price, before the service charge of about AED 8,700 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1002 sits
All 198 2-beds →1002 last sold in September 2012 at AED 1,819 per sqft, 83% above what two-beds in Elite Residence were fetching at the time (AED 996). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 1002's AED 121,275 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 520 sqft | AED 104KAED 104,100 · Jul 2021July 2021 | 95,000 /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 |
1002, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 2,419,291, last on 10 September 2012 for AED 2,419,291 (AED 1,819 per sqft).
- Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 75,000 in 2021 and recovered to AED 121,275 by August 2025.
- At AED 121,275 a year the gross yield on the 2012 price is 5.0%, before a service charge of about AED 8,700 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 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 30 August 2025.
Questions about 1002, Elite Residence
What did unit 1002 last sell for?
AED 2,419,291 on 10 September 2012: AED 1,819 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 2,419,291 in August 2009.
What is the rent for unit 1002?
AED 121,275 a year on the contract renewed on 30 August 2025. The previous contract, from August 2023, was AED 110,250; the unit has been rented since January 2014.
How big is unit 1002?
665 sqft (61.8 sqm): a two-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.
What is unit 1002 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 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.
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Mortgage on 1002, Elite Residence
Starts from the last sale price (AED 2.42M, 10 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,419,291
- Deposit, UAE resident (20%)
- AED 483,858
- Deposit, non-resident (40%)
- AED 967,716
- Monthly over 25 years at 3.7%
- AED 9,898
Plus AED 106,621 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →