2405, Elite Residence
Sold prices and rental history: sold twice, last in October 2013, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, Elite Residence
What is 2405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 24th of 83
- Parking
- B3-81
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.61M · October 2013
- Building
- Elite Residence
About 2405, Elite Residence
2405 is a two-bedroom apartment of 1,329 sqft on the 24th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 3 October 2013 for AED 2,605,082, or AED 1,960 per sqft, 27% above the AED 1,541 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 June 2022, is AED 88,000 a year: a gross yield of 3.4% on the 2013 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2405 over time
2405 has sold twice; 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 2405 sits
All 198 2-beds →2405 last sold in October 2013 at AED 1,960 per sqft, 27% above what two-beds in Elite Residence were fetching at the time (AED 1,541). 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. 2405's AED 88,000 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 24th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 960 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | 105,000 /yr | |
| 2402 | 2-bed | 1,329 sqft | AED 2.12MAED 2,117,500 · Dec 2015December 2015 | 137,000 /yr | |
| 2403 | 1-bed | 801 sqft | AED 2.1MAED 2,100,000 · Feb 2024February 2024 | 82,500 /yr | |
| 2404 | 1-bed | 802 sqft | AED 1.09MAED 1,090,000 · Feb 2022February 2022 | 165,000 /yr | |
| 2406 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | 84,000 /yr | |
| 2407 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | ||
| 2408 | 2-bed | 1,329 sqft | AED 1.62MAED 1,615,000 · Aug 2022August 2022 | 128,000 /yr | |
| 2409 | 1-bed | 737 sqft | AED 1.33MAED 1,330,000 · Aug 2014August 2014 | 95,000 /yr | |
| 2410 | 1-bed | 737 sqft | AED 1.13MAED 1,125,000 · Apr 2017April 2017 | 60,000 /yr | |
| 2411 | 2-bed | 1,329 sqft | AED 1.8MAED 1,800,000 · Jan 2025January 2025 | 115,000 /yr | |
| 2412 | 1-bed | 960 sqft | AED 1.3MAED 1,302,638 · Jan 2013January 2013 | 95,000 /yr |
2405, Elite Residence in numbers
- Sold twice: first on 21 April 2010 for AED 2,605,082, last on 3 October 2013 for AED 2,605,082 (AED 1,960 per sqft).
- Rented since March 2021 on 2 Ejari contracts, at AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2013 price is 3.4%, 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 15 June 2022.
Questions about 2405, Elite Residence
What did unit 2405 last sell for?
AED 2,605,082 on 3 October 2013: AED 1,960 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,605,082 in April 2010.
What is the rent for unit 2405?
AED 88,000 a year on the contract signed on 15 June 2022. The previous contract, from March 2021, was AED 88,000.
How big is unit 2405?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2405 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.
Selling 2405? 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.
Mortgage on 2405, Elite Residence
Starts from the last sale price (AED 2.61M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,605,082
- Deposit, UAE resident (20%)
- AED 521,016
- Deposit, non-resident (40%)
- AED 1,042,033
- Monthly over 25 years at 3.7%
- AED 10,658
Plus AED 114,423 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →