1-bed · 960 sqftElite Residence, Dubai Marina · 13th floor · completed 2012

1306, Elite Residence

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 1.27M30 January 2025
Current rentAED 93K /yr23 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Elite Residence

What is 1306 worth today?

Last sold for AED 1,270,000 in 2025

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30 Jan 2025SoldReady
AED 1,270,000AED 1,322 per sqft
23 Aug 2023RentedNew contract
AED 92,500/yr12 months · AED 97 per sqft
20 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
14 Sep 2020RentedRenewal
AED 63,000/yr12 months · AED 66 per sqft
14 Sep 2019RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
11 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
11 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
21 Feb 2017RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 30 January 2025.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
13th of 83
Parking
B4-65
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.27M · January 2025

About 1306, Elite Residence

1306 is a one-bedroom apartment of 960 sqft on the 13th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 30 January 2025 for AED 1,270,000, or AED 1,322 per sqft, 11% below the AED 1,493 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 August 2023, is AED 92,500 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical one-bed in Elite Residence
500K1M1.5M2009201420192024Typical 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, March 2010: AED 1,267,897 (AED 1,320 per sqft)Sold, August 2013: AED 633,949 (AED 660 per sqft)Sold, January 2025: AED 1,270,000 (AED 1,322 per sqft)

1306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, August 2013: AED 85,000 a yearNew contract, February 2017: AED 95,000 a yearNew contract, September 2017: AED 90,000 a yearRenewal, September 2018: AED 90,000 a yearNew contract, September 2019: AED 63,000 a yearRenewal, September 2020: AED 63,000 a yearNew contract, August 2022: AED 80,000 a yearNew contract, August 2023: AED 92,500 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 1306 sits

All 416 1-beds →

1306 last sold in January 2025 at AED 1,322 per sqft, 11% below what one-beds in Elite Residence were fetching at the time (AED 1,493). 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. 1306's AED 92,500 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 13th floor

All 697 units in Elite Residence
Value
13011-bedAED 1.09M · Apr 2013
13022-bedAED 1.85M · Jun 2026
13031-bedAED 1.43M · Oct 2012
13041-bedAED 1.08M · Feb 2022
13052-bedAED 1.91M · Jul 2024
13071-bedAED 1.44M · Jan 2014
13082-bedAED 1M · Mar 2019
1–7 of 11

1306, Elite Residence in numbers

  • Sold 3 times: first on 15 March 2010 for AED 1,267,897, last on 30 January 2025 for AED 1,270,000 (AED 1,322 per sqft).
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 63,000 in 2020 and recovered to AED 92,500 by August 2023.
  • At AED 92,500 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,065,000–1,530,677 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 30 January 2025.

Questions about 1306, Elite Residence

What did unit 1306 last sell for?

AED 1,270,000 on 30 January 2025: AED 1,322 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,267,897 in March 2010.

What is the rent for unit 1306?

AED 92,500 a year on the contract signed on 23 August 2023. The previous contract, from August 2022, was AED 80,000; the unit has been rented since August 2013.

How big is unit 1306?

960 sqft (89.2 sqm): a one-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.

What is unit 1306 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 1306, Elite Residence

Starts from the last sale price (AED 1.27M, 30 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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