1-bed · 801 sqftElite Residence, Dubai Marina · 14th floor · completed 2012

1403, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 1.54M26 December 2012
Current rentAED 82K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Elite Residence

What is 1403 worth today?

Last sold for AED 1,537,850 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Mar 2026RentedRenewal
AED 81,900/yr3 months · AED 102 per sqft
5 Mar 2025RentedNew contract
AED 78,000/yr12 months · AED 97 per sqft
10 Dec 2023RentedRenewal
AED 74,000/yr12 months · AED 93 per sqft
10 Dec 2022RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
10 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
10 Dec 2020RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
10 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
1 Nov 2018RentedNew contract
AED 75,000/yr13 months · AED 94 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
14th of 83
Parking
P4-79
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.54M · December 2012

About 1403, Elite Residence

1403 is a one-bedroom apartment of 801 sqft on the 14th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 December 2012 for AED 1,537,850, or AED 1,919 per sqft, 46% above the AED 1,315 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 81,900 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 1,537,850 (AED 1,919 per sqft)Sold, December 2012: AED 1,537,850 (AED 1,919 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, October 2014: AED 95,000 a yearRenewal, October 2015: AED 100,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, December 2019: AED 65,000 a yearRenewal, December 2020: AED 60,000 a yearRenewal, December 2021: AED 70,000 a yearRenewal, December 2022: AED 70,000 a yearRenewal, December 2023: AED 74,000 a yearNew contract, March 2025: AED 78,000 a yearRenewal, March 2026: AED 81,900 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 1403 sits

All 416 1-beds →

1403 last sold in December 2012 at AED 1,919 per sqft, 46% above what one-beds in Elite Residence were fetching at the time (AED 1,315). 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. 1403's AED 81,900 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 14th floor

All 697 units in Elite Residence
Value
14011-bedAED 1.1M · Jan 2018
14022-bedAED 2.25M · Sep 2024
14041-bedAED 1.54M · Dec 2012
14052-bedAED 1.8M · Sep 2015
14061-bedAED 1.27M · Sep 2012
14071-bedAED 1M · Jan 2013
14082-bedAED 1.85M · Oct 2025
1–7 of 11

1403, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 1,537,850, last on 26 December 2012 for AED 1,537,850 (AED 1,919 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 81,900 by March 2026.
  • At AED 81,900 a year the gross yield on the 2012 price is 5.3%, 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 5 March 2026.

Questions about 1403, Elite Residence

What did unit 1403 last sell for?

AED 1,537,850 on 26 December 2012: AED 1,919 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,537,850 in August 2009.

What is the rent for unit 1403?

AED 81,900 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 78,000; the unit has been rented since October 2014.

How big is unit 1403?

801 sqft (74.4 sqm): a one-bedroom apartment on the 14th floor of a 83-storey tower completed in 2012.

What is unit 1403 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.

Selling 1403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1403, Elite Residence

Starts from the last sale price (AED 1.54M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,850
Deposit, UAE resident (20%)
AED 307,570
Deposit, non-resident (40%)
AED 615,140
Monthly over 25 years at 3.7%
AED 6,292

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