1-bed · 801 sqftElite Residence, Dubai Marina · 10th floor · completed 2012

1003, Elite Residence

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

Unit 1003 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.52M8 July 2013
Current rentAED 83K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Elite Residence

What is 1003 worth today?

Last sold for AED 1,522,736 in 2013

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15 Aug 2025RentedRenewal
AED 82,500/yr12 months · AED 103 per sqft
15 Aug 2024RentedRenewal
AED 82,500/yr12 months · AED 103 per sqft
15 Aug 2024RentedRenewal
AED 82,500/yr12 months · AED 103 per sqft
15 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 94 per sqft
15 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
28 Mar 2021RentedRenewal
AED 48,000/yr12 months · AED 60 per sqft
28 Mar 2020RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
28 Mar 2019RentedNew contract
AED 64,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
10th of 83
Parking
B4-15
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.52M · July 2013

About 1003, Elite Residence

1003 is a one-bedroom apartment of 801 sqft on the 10th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 July 2013 for AED 1,522,736, or AED 1,900 per sqft, 38% above the AED 1,376 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 82,500 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, August 2009: AED 1,522,736 (AED 1,900 per sqft)Sold, July 2013: AED 1,522,736 (AED 1,900 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Elite Residence
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, November 2013: AED 90,000 a yearNew contract, December 2014: AED 110,000 a yearNew contract, July 2015: AED 110,000 a yearNew contract, September 2016: AED 95,000 a yearRenewal, September 2017: AED 95,000 a yearNew contract, March 2019: AED 64,000 a yearRenewal, March 2020: AED 62,000 a yearRenewal, March 2021: AED 48,000 a yearNew contract, August 2022: AED 75,000 a yearRenewal, August 2023: AED 75,000 a yearRenewal, August 2024: AED 82,500 a yearRenewal, August 2024: AED 82,500 a yearRenewal, August 2025: AED 82,500 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 1003 sits

All 416 1-beds →

1003 last sold in July 2013 at AED 1,900 per sqft, 38% above what one-beds in Elite Residence were fetching at the time (AED 1,376). Over the last 12 months one-beds sold for AED 1,065,000 to 1,530,677, around AED 1,547 per sqft, and rent for AED 36,725 to 159,000 a year. 1003's AED 82,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 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. 39 sold in the last 12 months.

Typical price per sqft
AED 1,445 Up 1.3%
Typical sale
AED 1.53M
Typical rent
AED 94K /yr
Typical yield
6.6%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 697 units in Elite Residence
Value
10011-bedAED 104K · Jul 2021
10022-bedAED 2.42M · Sep 2012
10041-bedAED 750K · Dec 2020
10052-bedAED 1.95M · Sep 2023
10061-bedAED 1.25M · Apr 2017
10071-bedAED 1.25M · Dec 2023
10082-bedAED 1.7M · Feb 2016
1–7 of 11

1003, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 1,522,736, last on 8 July 2013 for AED 1,522,736 (AED 1,900 per sqft).
  • Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2021 and recovered to AED 82,500 by August 2025.
  • At AED 82,500 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 10,500 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,065,000–1,530,677 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 1003, Elite Residence

What did unit 1003 last sell for?

AED 1,522,736 on 8 July 2013: AED 1,900 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,522,736 in August 2009.

What is the rent for unit 1003?

AED 82,500 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 82,500; the unit has been rented since November 2013.

How big is unit 1003?

801 sqft (74.4 sqm): a one-bedroom apartment on the 10th floor of a 83-storey tower completed in 2012.

What is unit 1003 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 1,065,000 to 1,530,677 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 1003, Elite Residence

Starts from the last sale price (AED 1.52M, 8 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,522,736
Deposit, UAE resident (20%)
AED 304,547
Deposit, non-resident (40%)
AED 609,094
Monthly over 25 years at 3.7%
AED 6,230

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →