1-bed · 737 sqftElite Residence, Dubai Marina · 20th floor · completed 2012

2009, Elite Residence

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 950K25 March 2024
Current rentAED 62K /yr24 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Elite Residence

What is 2009 worth today?

Last sold for AED 950,000 in 2024

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25 Mar 2024SoldReady
AED 950,000AED 1,289 per sqft
24 Feb 2023RentedRenewal
AED 62,100/yr12 months · AED 84 per sqft
24 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
31 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
25 Aug 2018RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
25 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
28 Feb 2016RentedRenewal
AED 88,935/yr12 months · AED 121 per sqft
28 Jun 2015SoldReady
AED 495,000AED 671 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
20th of 83
Parking
P3-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 950K · March 2024

About 2009, Elite Residence

2009 is a one-bedroom apartment of 737 sqft on the 20th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 March 2024 for AED 950,000, or AED 1,289 per sqft, 10% below the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 24 February 2023, is AED 62,100 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, each saleTypical one-bed in Elite Residence
500K1M1.5M2009201420192024Typical 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, October 2009: AED 461,900 (AED 627 per sqft)Sold, August 2012: AED 461,900 (AED 627 per sqft)Sold, June 2015: AED 495,000 (AED 671 per sqft)Sold, March 2024: AED 950,000 (AED 1,289 per sqft)

2009 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, 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, January 2013: AED 70,001 a yearRenewal, February 2014: AED 77,000 a yearRenewal, February 2015: AED 84,700 a yearRenewal, February 2016: AED 88,935 a yearNew contract, August 2017: AED 75,000 a yearRenewal, August 2018: AED 75,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, February 2021: AED 45,000 a yearRenewal, February 2023: AED 62,100 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 2009 sits

All 398 1-beds →

2009 last sold in March 2024 at AED 1,289 per sqft, 10% below what one-beds in Elite Residence were fetching at the time (AED 1,433). 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. 2009's AED 62,100 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 20th floor

All 697 units in Elite Residence
Value
20011-bedAED 1.3M · Nov 2024
2002AED 1.73M · Aug 2025
20031-bedAED 1.33M · May 2024
20041-bedAED 1.25M · Feb 2024
2005AED 2.28M · Aug 2025
20061-bedAED 1.28M · Oct 2024
20071-bedAED 1.27M · Nov 2024
1–7 of 11

2009, Elite Residence in numbers

  • Sold 4 times: first on 25 October 2009 for AED 461,900, last on 25 March 2024 for AED 950,000 (AED 1,289 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 70,001 to AED 45,000 in 2021 and recovered to AED 62,100 by February 2023.
  • At AED 62,100 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 9,700 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 25 March 2024.

Questions about 2009, Elite Residence

What did unit 2009 last sell for?

AED 950,000 on 25 March 2024: AED 1,289 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 461,900 in October 2009.

What is the rent for unit 2009?

AED 62,100 a year on the contract renewed on 24 February 2023. The previous contract, from February 2021, was AED 45,000; the unit has been rented since January 2013.

How big is unit 2009?

737 sqft (68.5 sqm): a one-bedroom apartment on the 20th floor of a 83-storey tower completed in 2012.

What is unit 2009 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.

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Mortgage on 2009, Elite Residence

Starts from the last sale price (AED 950K, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →