1308, Elite Residence
Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Elite Residence
What is 1308 worth today?
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Source: Dubai Land Department. Updated 11 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 13th of 83
- Parking
- P4-11
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1M · March 2019
- Building
- Elite Residence
About 1308, Elite Residence
1308 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 25 March 2019 for AED 1,000,000, or AED 752 per sqft, 24% below the AED 996 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 11 September 2025, is AED 140,000 a year: a gross yield of 14.0% on the 2019 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1308 over time
1308 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 1308 sits
All 198 2-beds →1308 last sold in March 2019 at AED 752 per sqft, 24% below 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. 1308's AED 140,000 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 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 | |
| 1302 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Mar 2025March 2025 | 105,000 /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 | |
| 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 |
1308, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 2,511,020, last on 25 March 2019 for AED 1,000,000 (AED 752 per sqft).
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 69,300 in 2021 and recovered to AED 140,000 by September 2025.
- At AED 140,000 a year the gross yield on the 2019 price is 14.0%, 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 11 September 2025.
Questions about 1308, Elite Residence
What did unit 1308 last sell for?
AED 1,000,000 on 25 March 2019: AED 752 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 2,511,020 in August 2009.
What is the rent for unit 1308?
AED 140,000 a year on the contract signed on 11 September 2025. The previous contract, from November 2024, was AED 135,000; the unit has been rented since February 2015.
How big is unit 1308?
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 1308 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 1308, Elite Residence
Starts from the last sale price (AED 1M, 25 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →