2508, Elite Residence
Sold prices and rental history: sold 6 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2508, Elite Residence
What is 2508 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 25th of 83
- Parking
- B3-49
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.78M · December 2023
- Building
- Elite Residence
About 2508, Elite Residence
2508 is a two-bedroom apartment of 1,329 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 11 December 2023 for AED 1,775,000, or AED 1,335 per sqft, 4% above the AED 1,288 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 2 October 2024, is AED 147,600 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 17,400 a year.
Sales and rents for 2508 over time
2508 has sold 6 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 2508 sits
All 198 2-beds →2508 last sold in December 2023 at AED 1,335 per sqft, 4% above what two-beds in Elite Residence were fetching at the time (AED 1,288). 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. 2508's AED 147,600 is in the lower half 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 25th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 960 sqft | AED 935KAED 935,000 · Feb 2013February 2013 | 72,737 /yr | |
| 2502 | 2-bed | 1,329 sqft | AED 1.46MAED 1,456,975 · Oct 2012October 2012 | 150,000 /yr | |
| 2503 | 1-bed | 801 sqft | AED 1.85MAED 1,850,000 · Feb 2015February 2015 | 80,000 /yr | |
| 2504 | 1-bed | 802 sqft | AED 2MAED 2,000,000 · May 2014May 2014 | 100,000 /yr | |
| 2505 | 2-bed | 1,329 sqft | AED 1.7MAED 1,700,000 · Nov 2012November 2012 | 112,000 /yr | |
| 2506 | 1-bed | 960 sqft | AED 1.59MAED 1,585,759 · May 2025May 2025 | 74,000 /yr | |
| 2507 | 1-bed | 960 sqft | AED 1.31MAED 1,305,372 · Jan 2013January 2013 | 80,000 /yr | |
| 2509 | 1-bed | 737 sqft | AED 1.06MAED 1,060,784 · Jan 2013January 2013 | 85,000 /yr | |
| 2510 | 1-bed | 737 sqft | AED 1.07MAED 1,070,000 · May 2025May 2025 | 61,000 /yr | |
| 2511 | 2-bed | 1,329 sqft | AED 1.84MAED 1,840,000 · Jun 2025June 2025 | 140,000 /yr | |
| 2512 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2025June 2025 | 60,720 /yr |
2508, Elite Residence in numbers
- Sold 6 times: first on 12 June 2012 for AED 1,263,830, last on 11 December 2023 for AED 1,775,000 (AED 1,335 per sqft).
- Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2019 and recovered to AED 147,600 by October 2024.
- At AED 147,600 a year the gross yield on the 2023 price is 8.3%, 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 2 October 2024.
Questions about 2508, Elite Residence
What did unit 2508 last sell for?
AED 1,775,000 on 11 December 2023: AED 1,335 per sqft for 1,329 sqft. The unit has 6 registered sales; the first was AED 1,263,830 in June 2012.
What is the rent for unit 2508?
AED 147,600 a year on the contract renewed on 2 October 2024. The previous contract, from October 2023, was AED 145,000; the unit has been rented since October 2015.
How big is unit 2508?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 25th floor of a 83-storey tower completed in 2012.
What is unit 2508 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 2508, Elite Residence
Starts from the last sale price (AED 1.78M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,775,000
- Deposit, UAE resident (20%)
- AED 355,000
- Deposit, non-resident (40%)
- AED 710,000
- Monthly over 25 years at 3.7%
- AED 7,262
Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →