1-bed · 960 sqftElite Residence, Dubai Marina · 25th floor · completed 2012

2501, Elite Residence

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 935K17 February 2013
Current rentAED 73K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Elite Residence

What is 2501 worth today?

Last sold for AED 935,000 in 2013

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12 Oct 2024RentedRenewal
AED 72,737/yr12 months · AED 76 per sqft
12 Oct 2023RentedRenewal
AED 68,000/yr12 months · AED 71 per sqft
12 Oct 2021RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
12 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Jul 2020RentedNew contract
AED 57,000/yr12 months · AED 59 per sqft
1 Aug 2019RentedRenewal
AED 70,000/yr12 months · AED 73 per sqft
1 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
1 Feb 2017RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
25th of 83
Parking
P3-03
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 935K · February 2013

About 2501, Elite Residence

2501 is a one-bedroom apartment of 960 sqft on the 25th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 February 2013 for AED 935,000, or AED 973 per sqft, 29% below the AED 1,372 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 72,737 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical 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, December 2012: AED 1,000,673 (AED 1,041 per sqft)Sold, February 2013: AED 935,000 (AED 973 per sqft)

2501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2501, 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, February 2017: AED 95,000 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 70,000 a yearNew contract, July 2020: AED 57,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2021: AED 50,000 a yearRenewal, October 2023: AED 68,000 a yearRenewal, October 2024: AED 72,737 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 2501 sits

All 398 1-beds →

2501 last sold in February 2013 at AED 973 per sqft, 29% below what one-beds in Elite Residence were fetching at the time (AED 1,372). 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. 2501's AED 72,737 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 25th floor

All 697 units in Elite Residence
Value
25022-bedAED 1.46M · Oct 2012
25031-bedAED 1.85M · Feb 2015
25041-bedAED 2M · May 2014
25052-bedAED 1.7M · Nov 2012
25061-bedAED 1.59M · May 2025
25071-bedAED 1.31M · Jan 2013
25082-bedAED 1.78M · Dec 2023
1–7 of 11

2501, Elite Residence in numbers

  • Sold twice: first on 12 December 2012 for AED 1,000,673, last on 17 February 2013 for AED 935,000 (AED 973 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2021 and recovered to AED 72,737 by October 2024.
  • At AED 72,737 a year the gross yield on the 2013 price is 7.8%, 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 12 October 2024.

Questions about 2501, Elite Residence

What did unit 2501 last sell for?

AED 935,000 on 17 February 2013: AED 973 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,000,673 in December 2012.

What is the rent for unit 2501?

AED 72,737 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 68,000; the unit has been rented since February 2017.

How big is unit 2501?

960 sqft (89.2 sqm): a one-bedroom apartment on the 25th floor of a 83-storey tower completed in 2012.

What is unit 2501 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 2501, Elite Residence

Starts from the last sale price (AED 935K, 17 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

Plus AED 44,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →