1009, Elite Residence
Sold prices and rental history: sold 3 times, last in July 2015, 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 1009, Elite Residence
What is 1009 worth today?
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Source: Dubai Land Department. Updated 27 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 10th of 83
- Parking
- P4-46
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.15M · July 2015
- Building
- Elite Residence
About 1009, Elite Residence
1009 is a one-bedroom apartment of 737 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 5 July 2015 for AED 1,150,000, or AED 1,561 per sqft, 5% above the AED 1,490 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 27 September 2023, is AED 85,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1009 over time
1009 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 1009 sits
All 398 1-beds →1009 last sold in July 2015 at AED 1,561 per sqft, 5% above what one-beds in Elite Residence were fetching at the time (AED 1,490). 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. 1009's AED 85,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 520 sqft | AED 104KAED 104,100 · Jul 2021July 2021 | 95,000 /yr | |
| 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 | |
| 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 |
1009, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 1,172,718, last on 5 July 2015 for AED 1,150,000 (AED 1,561 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 43,000 in 2020 and recovered to AED 85,000 by September 2023.
- At AED 85,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 9,700 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 27 September 2023.
Questions about 1009, Elite Residence
What did unit 1009 last sell for?
AED 1,150,000 on 5 July 2015: AED 1,561 per sqft for 737 sqft. The unit has 3 registered sales; the first was AED 1,172,718 in August 2009.
What is the rent for unit 1009?
AED 85,000 a year on the contract signed on 27 September 2023. The previous contract, from September 2022, was AED 67,500; the unit has been rented since January 2014.
How big is unit 1009?
737 sqft (68.5 sqm): a one-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.
What is unit 1009 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.
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Mortgage on 1009, Elite Residence
Starts from the last sale price (AED 1.15M, 5 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →