Building · Dubai Sports City · Sale prices

2-bedroom Apartment Prices in Elite Residence 1 2026

The median sale price of a 2-bedroom apartment in Elite Residence 1 was ⃃ 850,000 in the 12 months to 16 Oct 2026, based on 3 registered sales — 1.4% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 840 (−2.5% year on year). That is 61.9% below the Dubai-wide median of ⃃ 2,231,000 for the same 2-bedroom apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 3 salesUpdated: 18 Oct 2026
Median sale price
⃃ 850,000
−1.4% YoY
3 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 840
−2.5% YoY
3 sales · the 12 months to 16 Oct 2026
Registered sales
3
+50.0% YoY
worth ⃃ 2.58M · the 12 months to 16 Oct 2026
Gross rental yield
8%
median rent ⃃ 68,000/yr · yield details

What are the key price figures for 2-bedroom apartments in Elite Residence 1?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 850,00012 months to 16 Oct 20263 sales; −1.4% vs the same 12 months a year earlier
Median price per sq ft⃃ 84012 months to 16 Oct 20263 sales; −2.5% vs the same 12 months a year earlier
Number of sales312 months to 16 Oct 2026+50.0% vs the same 12 months a year earlier
Total sales value⃃ 2,578,00012 months to 16 Oct 2026+49.5% vs the same 12 months a year earlier
Lowest / highest sale⃃ 803K – ⃃ 925K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range1,000 – 2,530 sq ftall units on record25 units
Median annual rent⃃ 68,00012 months to 16 Oct 202615 units currently rented
Gross rental yield8%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record25current3 sold in the 12 months to 16 Oct 2026 (12% of stock)
Units available for sale8currentactive listings matched to units
Developer (primary) median price⃃ 783,000all time25 developer sales; ⃃ 770 per sq ft
Launch date08/11/2008—project record
Completion / handover date25/04/2012—project record

How have apartment prices in Elite Residence 1 changed since 2012?

Calendar-year figures for all apartments in Elite Residence 1 (a bedroom-level yearly series is not published).

2012–2026 (to 16 Oct 2026)
Elite Residence 1 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201274774
2013181756
2014321,095
201520992
201619921
20176861
201811755
201916688
202011519
202111516
20229547
202321637
202428770
202528857
2026 YTD13799
Registered sales and median price per sq ft by year, Elite Residence 1, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)13part year⃃ 7.98M⃃ 600,000⃃ 799−6.8%
2025280.0%⃃ 14.38M⃃ 462,124⃃ 857+11.3%
202428+33.3%⃃ 12.35M⃃ 417,500⃃ 770+20.9%
202321+133.3%⃃ 8.11M⃃ 310,000⃃ 637+16.4%
20229−18.2%⃃ 2.97M⃃ 350,000⃃ 547+6.2%
2021110.0%⃃ 3.22M⃃ 265,000⃃ 516−0.7%
202011−31.3%⃃ 3.67M⃃ 340,000⃃ 519−24.5%
201916+45.5%⃃ 5.94M⃃ 318,500⃃ 688−8.9%
201811+83.3%⃃ 5.76M⃃ 515,000⃃ 755−12.3%
20176−68.4%⃃ 3.83M⃃ 720,000⃃ 861−6.5%
201619−5.0%⃃ 11.44M⃃ 650,000⃃ 921−7.2%
201520−37.5%⃃ 12.75M⃃ 537,500⃃ 992−9.4%
201432−82.3%⃃ 21.71M⃃ 595,000⃃ 1,095+44.9%
2013181+144.6%⃃ 87.68M⃃ 410,449⃃ 756−2.3%
201274—⃃ 37.81M⃃ 500,000⃃ 774—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Elite Residence 1 compare with Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricElite Residence 1Dubai
Median sale price⃃ 850,000⃃ 2,231,000
Median price per sq ft⃃ 840⃃ 1,800
Price per sq ft YoY−2.5%−3.0%
Sales332,114
Gross rental yield8%3.45%

What are the latest registered sales of 2-bedroom apartments in Elite Residence 1?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
28/09/2026Elite Residence 12 beds · Apartment1,012 sq ft⃃ 803,000⃃ 793Resale · Ready
05/06/2026Elite Residence 12 beds · Apartment1,017 sq ft⃃ 850,000⃃ 836Resale · Ready
20/01/2026Elite Residence 12 beds · Apartment1,017 sq ft⃃ 925,000⃃ 910Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments with 2-bedroom layouts, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/elite-residence-1/apartments/2-bedroom
2-bedroom Apartment Prices in Elite Residence 1 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/elite-residence-1/apartments/2-bedroom

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Elite Residence 1 for 2-bedroom apartments?
The median sale price of a 2-bedroom apartment in Elite Residence 1 was ⃃ 850,000 in the 12 months to 16 Oct 2026, from 3 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Elite Residence 1 for apartments?
The median price per square foot of 2-bedroom apartments in Elite Residence 1 was ⃃ 840 in the 12 months to 16 Oct 2026, −2.5% compared with the same 12 months a year earlier.
How many properties were sold in Elite Residence 1 in the last 12 months?
3 sales of 2-bedroom apartments worth ⃃ 2,578,000 were registered in Elite Residence 1 in the 12 months to 16 Oct 2026 (+50.0% year on year).
Are property prices in Elite Residence 1 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of 2-bedroom apartments in Elite Residence 1 changed −2.5%. In calendar year 2025 it was ⃃ 857 (+11.3% on 2024), and ⃃ 799 so far in 2026.
What is the rental yield in Elite Residence 1 for apartments?
The gross rental yield of 2-bedroom apartments in Elite Residence 1 is 8% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 68,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/elite-residence-1/apartments/2-bedroom