1611, Elite Residence
Sold prices and rental history: sold 5 times, last in June 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1611, Elite Residence
What is 1611 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 16th of 83
- Parking
- B4-55
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.9M · June 2025
- Building
- Elite Residence
About 1611, Elite Residence
1611 is a two-bedroom apartment of 1,329 sqft on the 16th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 June 2025 for AED 1,899,000, or AED 1,428 per sqft, in line with the AED 1,428 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 7 February 2025, is AED 132,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1611 over time
1611 has sold 5 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 1611 sits
All 198 2-beds →1611 last sold in June 2025 at AED 1,428 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,428). 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. 1611's AED 132,000 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 16th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 960 sqft | AED 870KAED 870,000 · Jan 2019January 2019 | 100,000 /yr | |
| 1602 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · May 2025May 2025 | 95,220 /yr | |
| 1603 | 1-bed | 801 sqft | AED 1.38MAED 1,380,000 · May 2025May 2025 | 100,000 /yr | |
| 1604 | 1-bed | 802 sqft | AED 1.35MAED 1,350,000 · Apr 2013April 2013 | ||
| 1605 | 2-bed | 1,329 sqft | AED 2.56MAED 2,555,105 · Mar 2013March 2013 | 88,254 /yr | |
| 1606 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2015June 2015 | 82,500 /yr | |
| 1607 | 1-bed | 960 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | 80,000 /yr | |
| 1608 | 2-bed | 1,329 sqft | AED 990KAED 990,000 · Jun 2015June 2015 | 115,500 /yr | |
| 1609 | 1-bed | 737 sqft | AED 810KAED 810,000 · Nov 2021November 2021 | 100,000 /yr | |
| 1610 | 1-bed | 737 sqft | AED 815KAED 815,000 · Jan 2022January 2022 | 55,000 /yr | |
| 1612 | 1-bed | 960 sqft | AED 1.37MAED 1,372,095 · Aug 2023August 2023 | 90,716 /yr |
1611, Elite Residence in numbers
- Sold 5 times: first on 16 December 2012 for AED 1,095,000, last on 20 June 2025 for AED 1,899,000 (AED 1,428 per sqft).
- Rented since October 2023 on 2 Ejari contracts, from AED 120,000 to AED 132,000 a year.
- At AED 132,000 a year the gross yield on the 2025 price is 7.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.
Questions about 1611, Elite Residence
What did unit 1611 last sell for?
AED 1,899,000 on 20 June 2025: AED 1,428 per sqft for 1,329 sqft. The unit has 5 registered sales; the first was AED 1,095,000 in December 2012.
What is the rent for unit 1611?
AED 132,000 a year on the contract signed on 7 February 2025. The previous contract, from October 2023, was AED 120,000.
How big is unit 1611?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 16th floor of a 83-storey tower completed in 2012.
What is unit 1611 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 1611, Elite Residence
Starts from the last sale price (AED 1.9M, 20 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,899,000
- Deposit, UAE resident (20%)
- AED 379,800
- Deposit, non-resident (40%)
- AED 759,600
- Monthly over 25 years at 3.7%
- AED 7,769
Plus AED 84,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →