1-bed · 960 sqftElite Residence, Dubai Marina · 9th floor · completed 2012

912, Elite Residence

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

Unit 912 · DLD and Ejari recordsUpdated 19 May 2017
Last soldAED 1.32M27 December 2012
Current rentAED 90K /yr19 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Elite Residence

What is 912 worth today?

Last sold for AED 1,318,176 in 2012

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19 May 2017RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
19 May 2016RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
27 Dec 2012SoldReady
AED 1,318,176AED 1,372 per sqft
23 Aug 2009Sold by developerOff-plan
AED 1,318,176AED 1,372 per sqft

Source: Dubai Land Department. Updated 19 May 2017.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
9th of 83
Parking
P4-49
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.32M · December 2012

About 912, Elite Residence

912 is a one-bedroom apartment of 960 sqft on the 9th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 December 2012 for AED 1,318,176, or AED 1,372 per sqft, in line with the AED 1,365 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 19 May 2017, is AED 90,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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, August 2009: AED 1,318,176 (AED 1,372 per sqft)Sold, December 2012: AED 1,318,176 (AED 1,372 per sqft)

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

Rents
Unit 912, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, May 2016: AED 90,000 a yearRenewal, May 2017: AED 90,000 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 912 sits

All 398 1-beds →

912 last sold in December 2012 at AED 1,372 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,365). 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. 912's AED 90,000 is in the upper 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 9th floor

All 697 units in Elite Residence
Value
9011-bedAED 1.02M · Feb 2013
9022-bedAED 1.85M · Nov 2015
9031-bedAED 1.18M · Nov 2012
9041-bedAED 1.55M · Feb 2025
9052-bedAED 1.7M · Apr 2013
9061-bedAED 1.27M · Jun 2025
9071-bedAED 1.32M · Dec 2012
1–7 of 11

912, Elite Residence in numbers

  • Sold twice: first on 23 August 2009 for AED 1,318,176, last on 27 December 2012 for AED 1,318,176 (AED 1,372 per sqft).
  • Rented since May 2016 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 6.8%, 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 19 May 2017.

Questions about 912, Elite Residence

What did unit 912 last sell for?

AED 1,318,176 on 27 December 2012: AED 1,372 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,318,176 in August 2009.

What is the rent for unit 912?

AED 90,000 a year on the contract renewed on 19 May 2017. The previous contract, from May 2016, was AED 90,000.

How big is unit 912?

960 sqft (89.2 sqm): a one-bedroom apartment on the 9th floor of a 83-storey tower completed in 2012.

What is unit 912 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 912, Elite Residence

Starts from the last sale price (AED 1.32M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,318,176
Deposit, UAE resident (20%)
AED 263,635
Deposit, non-resident (40%)
AED 527,270
Monthly over 25 years at 3.7%
AED 5,393

Plus AED 60,373 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →