1108, Elite Residence
Sold prices and rental history: sold 3 times, last in June 2015, 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 1108, Elite Residence
What is 1108 worth today?
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Source: Dubai Land Department. Updated 26 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 11th of 83
- Parking
- B4-33
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 990K · June 2015
- Building
- Elite Residence
About 1108, Elite Residence
1108 is a two-bedroom apartment of 1,329 sqft on the 11th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 June 2015 for AED 990,000, or AED 744 per sqft, in line with the AED 745 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 26 October 2024, is AED 115,500 a year: a gross yield of 11.7% on the 2015 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1108 over time
1108 has sold 3 times; 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 1108 sits
All 198 2-beds →1108 last sold in June 2015 at AED 744 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 745). 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. 1108's AED 115,500 is at the bottom 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 11th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 960 sqft | AED 1.26MAED 1,261,652 · Dec 2012December 2012 | 80,000 /yr | |
| 1102 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Nov 2022November 2022 | ||
| 1103 | 1-bed | 801 sqft | AED 1.6MAED 1,602,840 · Oct 2012October 2012 | 72,600 /yr | |
| 1104 | 1-bed | 802 sqft | AED 1.32MAED 1,320,000 · Apr 2016April 2016 | 84,000 /yr | |
| 1105 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Oct 2021October 2021 | 78,000 /yr | |
| 1106 | 1-bed | 960 sqft | AED 1.02MAED 1,015,000 · Apr 2013April 2013 | 84,000 /yr | |
| 1107 | 1-bed | 960 sqft | AED 1.29MAED 1,290,000 · Apr 2024April 2024 | 90,000 /yr | |
| 1109 | 368 sqft | AED 933KAED 933,218 · Dec 2017December 2017 | 90,000 /yr | ||
| 1110 | 1-bed | 737 sqft | AED 1MAED 1,000,000 · Jun 2015June 2015 | 75,000 /yr | |
| 1111 | 2-bed | 1,329 sqft | AED 1.55MAED 1,550,000 · Jul 2023July 2023 | 90,000 /yr | |
| 1112 | 1-bed | 960 sqft | AED 1.06MAED 1,060,000 · Jan 2013January 2013 | 50,000 /yr |
1108, Elite Residence in numbers
- Sold 3 times: first on 25 October 2009 for AED 780,900, last on 29 June 2015 for AED 990,000 (AED 744 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 115,500 by October 2024.
- At AED 115,500 a year the gross yield on the 2015 price is 11.7%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 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 26 October 2024.
Questions about 1108, Elite Residence
What did unit 1108 last sell for?
AED 990,000 on 29 June 2015: AED 744 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 780,900 in October 2009.
What is the rent for unit 1108?
AED 115,500 a year on the contract renewed on 26 October 2024. The previous contract, from October 2023, was AED 105,000; the unit has been rented since September 2013.
How big is unit 1108?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 11th floor of a 83-storey tower completed in 2012.
What is unit 1108 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 1108, Elite Residence
Starts from the last sale price (AED 990K, 29 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus AED 46,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →