1202, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, 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 1202, Elite Residence
What is 1202 worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 12th of 83
- Parking
- B4-10
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.53M · December 2012
- Building
- Elite Residence
About 1202, Elite Residence
1202 is a two-bedroom apartment of 1,329 sqft on the 12th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 12 December 2012 for AED 2,530,116, or AED 1,903 per sqft, 71% above the AED 1,116 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 October 2025, is AED 135,000 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1202 over time
1202 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 1202 sits
All 198 2-beds →1202 last sold in December 2012 at AED 1,903 per sqft, 71% above what two-beds in Elite Residence were fetching at the time (AED 1,116). 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. 1202's AED 135,000 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 12th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 960 sqft | AED 1.18MAED 1,175,000 · May 2023May 2023 | 126,000 /yr | |
| 1203 | 1-bed | 801 sqft | AED 1.54MAED 1,535,000 · Jun 2013June 2013 | 80,000 /yr | |
| 1204 | 1-bed | 802 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 105,000 /yr | |
| 1205 | 2-bed | 1,329 sqft | AED 1.28MAED 1,280,000 · May 2021May 2021 | 135,000 /yr | |
| 1206 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Feb 2016February 2016 | 80,000 /yr | |
| 1207 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Jun 2013June 2013 | 120,000 /yr | |
| 1208 | 2-bed | 1,329 sqft | AED 1.28MAED 1,275,000 · Jul 2018July 2018 | 77,360 /yr | |
| 1209 | 1-bed | 737 sqft | AED 1.12MAED 1,122,417 · Dec 2012December 2012 | 78,702 /yr | |
| 1210 | 1-bed | 737 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 80,000 /yr | |
| 1211 | 1,329 sqft | AED 1.87MAED 1,867,000 · Nov 2025November 2025 | 135,000 /yr | ||
| 1212 | 1-bed | 960 sqft | AED 1.26MAED 1,264,775 · Dec 2012December 2012 | 65,000 /yr |
1202, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 2,530,116, last on 12 December 2012 for AED 2,530,116 (AED 1,903 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2021 and recovered to AED 135,000 by October 2025.
- At AED 135,000 a year the gross yield on the 2012 price is 5.3%, 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 20 October 2025.
Questions about 1202, Elite Residence
What did unit 1202 last sell for?
AED 2,530,116 on 12 December 2012: AED 1,903 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,530,116 in August 2009.
What is the rent for unit 1202?
AED 135,000 a year on the contract signed on 20 October 2025. The previous contract, from October 2023, was AED 140,000; the unit has been rented since October 2013.
How big is unit 1202?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 12th floor of a 83-storey tower completed in 2012.
What is unit 1202 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 1202, Elite Residence
Starts from the last sale price (AED 2.53M, 12 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,530,116
- Deposit, UAE resident (20%)
- AED 506,023
- Deposit, non-resident (40%)
- AED 1,012,046
- Monthly over 25 years at 3.7%
- AED 10,351
Plus AED 111,275 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →