2409, Elite Residence
Sold prices and rental history: sold 3 times, last in August 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2409, Elite Residence
What is 2409 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 24th of 83
- Parking
- P3-34
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.33M · August 2014
- Building
- Elite Residence
About 2409, Elite Residence
2409 is a one-bedroom apartment of 737 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 7 August 2014 for AED 1,330,000, or AED 1,805 per sqft, 16% above the AED 1,551 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 95,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 9,700 a year.
Sales and rents for 2409 over time
2409 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2409 sits
All 398 1-beds →2409 last sold in August 2014 at AED 1,805 per sqft, 16% above what one-beds in Elite Residence were fetching at the time (AED 1,551). 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. 2409's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 737 sqft | 1,190,000 | 1,615 | ||
| 9 Jan 20269 January 2026 | 737 sqft | 1,230,000 | 1,669 | ||
| 6 Jan 20266 January 2026 | 960 sqft | 1,346,497 | 1,403 | ||
| 19 Dec 202519 December 2025 | 960 sqft | 1,450,000 | 1,511 |
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 | |
| 2405 | 2-bed | 1,329 sqft | AED 2.61MAED 2,605,082 · Oct 2013October 2013 | 88,000 /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 | |
| 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 |
2409, Elite Residence in numbers
- Sold 3 times: first on 9 August 2009 for AED 1,274,131, last on 7 August 2014 for AED 1,330,000 (AED 1,805 per sqft).
- Rented since September 2013 on 2 Ejari contracts, from AED 75,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2014 price is 7.1%, 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 1 November 2024.
Questions about 2409, Elite Residence
What did unit 2409 last sell for?
AED 1,330,000 on 7 August 2014: AED 1,805 per sqft for 737 sqft. The unit has 3 registered sales; the first was AED 1,274,131 in August 2009.
What is the rent for unit 2409?
AED 95,000 a year on the contract signed on 1 November 2024. The previous contract, from September 2013, was AED 75,000.
How big is unit 2409?
737 sqft (68.5 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2409 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 2409, Elite Residence
Starts from the last sale price (AED 1.33M, 7 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,330,000
- Deposit, UAE resident (20%)
- AED 266,000
- Deposit, non-resident (40%)
- AED 532,000
- Monthly over 25 years at 3.7%
- AED 5,441
Plus AED 60,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →