1302, Elite Residence
Sold prices and rental history: sold 4 times, last in March 2025, 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 1302, Elite Residence
What is 1302 worth today?
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Source: Dubai Land Department. Updated 24 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 13th of 83
- Parking
- B4-40
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.9M · March 2025
- Building
- Elite Residence
About 1302, Elite Residence
1302 is a two-bedroom apartment of 1,329 sqft on the 13th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 March 2025 for AED 1,900,000, or AED 1,429 per sqft, in line with the AED 1,427 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 11 May 2023, is AED 105,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1302 over time
1302 has sold 4 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 1302 sits
All 198 2-beds →1302 last sold in March 2025 at AED 1,429 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 1302's AED 105,000 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 13th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 960 sqft | AED 1.09MAED 1,090,000 · Apr 2013April 2013 | 60,000 /yr | |
| 1303 | 1-bed | 801 sqft | AED 1.43MAED 1,434,071 · Oct 2012October 2012 | 95,000 /yr | |
| 1304 | 1-bed | 802 sqft | AED 1.08MAED 1,080,000 · Feb 2022February 2022 | 105,000 /yr | |
| 1305 | 2-bed | 1,329 sqft | AED 1.91MAED 1,909,704 · Jul 2024July 2024 | 200,000 /yr | |
| 1306 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Jan 2025January 2025 | 92,500 /yr | |
| 1307 | 1-bed | 960 sqft | AED 1.44MAED 1,440,000 · Jan 2014January 2014 | 80,000 /yr | |
| 1308 | 2-bed | 1,329 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 140,000 /yr | |
| 1309 | 1-bed | 737 sqft | AED 1.08MAED 1,082,500 · Oct 2024October 2024 | 66,412 /yr | |
| 1310 | 1-bed | 737 sqft | AED 1.24MAED 1,240,520 · Dec 2012December 2012 | 80,000 /yr | |
| 1311 | 2-bed | 1,329 sqft | AED 1.73MAED 1,725,000 · Jul 2025July 2025 | 150,000 /yr | |
| 1312 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Aug 2016August 2016 | 83,000 /yr |
1302, Elite Residence in numbers
- Sold 4 times: first on 9 August 2009 for AED 2,201,823, last on 24 March 2025 for AED 1,900,000 (AED 1,429 per sqft).
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2021 and recovered to AED 105,000 by May 2023.
- At AED 105,000 a year the gross yield on the 2025 price is 5.5%, 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 24 March 2025.
Questions about 1302, Elite Residence
What did unit 1302 last sell for?
AED 1,900,000 on 24 March 2025: AED 1,429 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,201,823 in August 2009.
What is the rent for unit 1302?
AED 105,000 a year on the contract renewed on 11 May 2023. The previous contract, from May 2022, was AED 92,000; the unit has been rented since March 2013.
How big is unit 1302?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.
What is unit 1302 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 1302, Elite Residence
Starts from the last sale price (AED 1.9M, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →