1-bed · 960 sqftElite Residence, Dubai Marina · 19th floor · completed 2012

1912, Elite Residence

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1912 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 1.25M7 October 2013
Current rentAED 50K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1912, Elite Residence

What is 1912 worth today?

Last sold for AED 1,250,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedRenewal
AED 52,000/yr12 months · AED 54 per sqft
1 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
1 Jul 2016RentedRenewal
AED 93,000/yr12 months · AED 97 per sqft
1 Jul 2015RentedNew contract
AED 93,000/yr12 months · AED 97 per sqft
1 Jul 2014RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
7 Oct 2013SoldReady
AED 1,250,000AED 1,301 per sqft
12 Jun 2013RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
19th of 83
Parking
P4-31
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.25M · October 2013

About 1912, Elite Residence

1912 is a one-bedroom apartment of 960 sqft on the 19th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 October 2013 for AED 1,250,000, or AED 1,301 per sqft, 7% below the AED 1,393 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2021, is AED 50,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1912 over time

Sales
Unit 1912, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, August 2009: AED 1,286,635 (AED 1,339 per sqft)Sold, December 2012: AED 1,286,635 (AED 1,339 per sqft)Sold, October 2013: AED 1,250,000 (AED 1,301 per sqft)

1912 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1912, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500New contract, June 2013: AED 90,000 a yearNew contract, July 2014: AED 90,000 a yearNew contract, July 2015: AED 93,000 a yearRenewal, July 2016: AED 93,000 a yearNew contract, August 2019: AED 55,000 a yearRenewal, August 2020: AED 52,000 a yearNew contract, September 2021: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Elite Residence, and where 1912 sits

All 398 1-beds →

1912 last sold in October 2013 at AED 1,301 per sqft, 7% below what one-beds in Elite Residence were fetching at the time (AED 1,393). Over the last 12 months one-beds sold for AED 1,190,000 to 1,450,000, around AED 1,615 per sqft, and rent for AED 36,725 to 137,000 a year. 1912's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 1-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 19th floor

All 697 units in Elite Residence
Value
19011-bedAED 1.3M · Jul 2013
19022-bedAED 2.29M · Oct 2012
19031-bedAED 1.57M · Feb 2016
19041-bedAED 1.7M · Mar 2015
19052-bedAED 990K · Jun 2015
19061-bedAED 1.43M · Jul 2014
19071-bedAED 875K · Aug 2013
1–7 of 11

1912, Elite Residence in numbers

  • Sold 3 times: first on 13 August 2009 for AED 1,286,635, last on 7 October 2013 for AED 1,250,000 (AED 1,301 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 90,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,190,000–1,450,000 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 1 September 2021.

Questions about 1912, Elite Residence

What did unit 1912 last sell for?

AED 1,250,000 on 7 October 2013: AED 1,301 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,286,635 in August 2009.

What is the rent for unit 1912?

AED 50,000 a year on the contract signed on 1 September 2021. The previous contract, from August 2020, was AED 52,000; the unit has been rented since June 2013.

How big is unit 1912?

960 sqft (89.2 sqm): a one-bedroom apartment on the 19th floor of a 83-storey tower completed in 2012.

What is unit 1912 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,190,000 to 1,450,000 in the last 12 months, around AED 1,615 per sqft.

Selling 1912? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1912, Elite Residence

Starts from the last sale price (AED 1.25M, 7 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →