2311, Elite Residence
Sold prices and rental history: sold 3 times, last in November 2015, 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 2311, Elite Residence
What is 2311 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 23rd of 83
- Parking
- B3-93
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.65M · November 2015
- Building
- Elite Residence
About 2311, Elite Residence
2311 is a two-bedroom apartment of 1,329 sqft on the 23rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 1 November 2015 for AED 1,650,000, or AED 1,241 per sqft, 67% above the AED 744 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 September 2025, is AED 120,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2311 over time
2311 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 2311 sits
All 198 2-beds →2311 last sold in November 2015 at AED 1,241 per sqft, 67% above what two-beds in Elite Residence were fetching at the time (AED 744). 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. 2311's AED 120,000 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 23rd floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 960 sqft | AED 1.31MAED 1,310,000 · Oct 2016October 2016 | 20,000 /yr | |
| 2302 | 2-bed | 1,329 sqft | AED 1.45MAED 1,450,000 · Sep 2021September 2021 | 131,000 /yr | |
| 2303 | 1-bed | 801 sqft | AED 1.57MAED 1,571,856 · Dec 2012December 2012 | 95,000 /yr | |
| 2304 | 1-bed | 802 sqft | AED 922KAED 922,282 · Dec 2012December 2012 | 77,000 /yr | |
| 2305 | 2-bed | 1,329 sqft | AED 2.2MAED 2,200,000 · Nov 2015November 2015 | 120,000 /yr | |
| 2306 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2307 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2308 | 2-bed | 1,329 sqft | AED 1.05MAED 1,050,000 · May 2019May 2019 | 92,447 /yr | |
| 2309 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Oct 2017October 2017 | 75,000 /yr | |
| 2310 | 1-bed | 737 sqft | AED 1.33MAED 1,334,628 · Oct 2012October 2012 | 82,000 /yr | |
| 2312 | 1-bed | 960 sqft | AED 1.27MAED 1,267,000 · Jun 2025June 2025 | 85,000 /yr |
2311, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 2,256,357, last on 1 November 2015 for AED 1,650,000 (AED 1,241 per sqft).
- Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 64,000 in 2021 and recovered to AED 120,000 by September 2025.
- At AED 120,000 a year the gross yield on the 2015 price is 7.3%, 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 1 September 2025.
Questions about 2311, Elite Residence
What did unit 2311 last sell for?
AED 1,650,000 on 1 November 2015: AED 1,241 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 2,256,357 in August 2009.
What is the rent for unit 2311?
AED 120,000 a year on the contract signed on 1 September 2025. The previous contract, from May 2022, was AED 90,000; the unit has been rented since February 2013.
How big is unit 2311?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.
What is unit 2311 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 2311, Elite Residence
Starts from the last sale price (AED 1.65M, 1 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →