2-bed · 1,329 sqftElite Residence, Dubai Marina · 8th floor · completed 2012

811, Elite Residence

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 2.48M17 October 2012
Current rentAED 114K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Elite Residence

What is 811 worth today?

Last sold for AED 2,483,580 in 2012

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5 Nov 2024RentedNew contract
AED 113,850/yr12 months · AED 86 per sqft
5 Aug 2024RentedRenewal
AED 113,850/yr12 months · AED 86 per sqft
5 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
28 Jan 2022RentedRenewal
AED 72,000/yr12 months · AED 54 per sqft
28 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
30 Dec 2019RentedRenewal
AED 85,000/yr12 months · AED 64 per sqft
30 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
4 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
8th of 83
Parking
B4-25
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.48M · October 2012

About 811, Elite Residence

811 is a two-bedroom apartment of 1,329 sqft on the 8th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 October 2012 for AED 2,483,580, or AED 1,868 per sqft, 68% above the AED 1,115 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 5 November 2024, is AED 113,850 a year: a gross yield of 4.6% on the 2012 price, before the service charge of about AED 17,400 a year.

Sales and rents for 811 over time

Sales
Unit 811, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, August 2009: AED 2,483,580 (AED 1,868 per sqft)Sold, October 2012: AED 2,483,580 (AED 1,868 per sqft)

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

Rents
Unit 811, each contractTypical two-bed in Elite Residence
50K100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250New contract, May 2016: AED 110,000 a yearNew contract, July 2017: AED 110,000 a yearNew contract, December 2018: AED 85,000 a yearRenewal, December 2019: AED 85,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 72,000 a yearNew contract, August 2022: AED 90,000 a yearRenewal, August 2024: AED 113,850 a yearNew contract, November 2024: AED 113,850 a year

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 811 sits

All 198 2-beds →

811 last sold in October 2012 at AED 1,868 per sqft, 68% above what two-beds in Elite Residence were fetching at the time (AED 1,115). 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. 811's AED 113,850 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-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 8th floor

All 697 units in Elite Residence
Value
8011-bedAED 675K · Aug 2015
8022-bedAED 2.05M · Jul 2013
8031-bedAED 1.47M · Jan 2013
8041-bedAED 1.58M · Oct 2012
805AED 1.85M · Oct 2025
8061-bedAED 1.37M · Jan 2014
8071-bedAED 1.45M · Dec 2012
1–7 of 11

811, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 2,483,580, last on 17 October 2012 for AED 2,483,580 (AED 1,868 per sqft).
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 113,850 by November 2024.
  • At AED 113,850 a year the gross yield on the 2012 price is 4.6%, 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 5 November 2024.

Questions about 811, Elite Residence

What did unit 811 last sell for?

AED 2,483,580 on 17 October 2012: AED 1,868 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 2,483,580 in August 2009.

What is the rent for unit 811?

AED 113,850 a year on the contract signed on 5 November 2024. The previous contract, from August 2024, was AED 113,850; the unit has been rented since May 2016.

How big is unit 811?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 8th floor of a 83-storey tower completed in 2012.

What is unit 811 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 811, Elite Residence

Starts from the last sale price (AED 2.48M, 17 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,483,580
Deposit, UAE resident (20%)
AED 496,716
Deposit, non-resident (40%)
AED 993,432
Monthly over 25 years at 3.7%
AED 10,161

Plus AED 109,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →