2412, Elite Residence
Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2412, Elite Residence
What is 2412 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 24th of 83
- Parking
- P3-61
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.3M · January 2013
- Building
- Elite Residence
About 2412, Elite Residence
2412 is a one-bedroom apartment of 960 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 17 January 2013 for AED 1,302,638, or AED 1,356 per sqft, in line with the AED 1,368 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 April 2025, is AED 95,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2412 over time
2412 has sold twice; 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 2412 sits
All 398 1-beds →2412 last sold in January 2013 at AED 1,356 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,368). 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. 2412'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 | |
| 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, Elite Residence in numbers
- Sold twice: first on 12 December 2012 for AED 1,091,985, last on 17 January 2013 for AED 1,302,638 (AED 1,356 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 49,000 in 2021 and recovered to AED 95,000 by April 2025.
- At AED 95,000 a year the gross yield on the 2013 price is 7.3%, 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 April 2025.
Questions about 2412, Elite Residence
What did unit 2412 last sell for?
AED 1,302,638 on 17 January 2013: AED 1,356 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,091,985 in December 2012.
What is the rent for unit 2412?
AED 95,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2024, was AED 95,000; the unit has been rented since April 2017.
How big is unit 2412?
960 sqft (89.2 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2412 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 2412, Elite Residence
Starts from the last sale price (AED 1.3M, 17 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,302,638
- Deposit, UAE resident (20%)
- AED 260,528
- Deposit, non-resident (40%)
- AED 521,055
- Monthly over 25 years at 3.7%
- AED 5,329
Plus AED 59,721 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →