1-bed · 802 sqftElite Residence, Dubai Marina · 15th floor · completed 2012

1504, Elite Residence

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 840K18 May 2021
Current rentAED 90K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Elite Residence

What is 1504 worth today?

Last sold for AED 840,000 in 2021

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1 Nov 2026RentedNew contract
AED 90,000/yr4 months · AED 113 per sqft
15 Mar 2026RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft
28 Sep 2024RentedNew contract
AED 117,000/yr12 months · AED 145 per sqft
28 Sep 2024RentedNew contract
AED 117,000/yr12 months · AED 145 per sqft
8 Dec 2023RentedNew contract
AED 132,615/yr60 months · AED 164 per sqft
1 Jul 2022RentedRenewal
AED 93,000/yr12 months · AED 115 per sqft
1 Jul 2021RentedNew contract
AED 67,000/yr12 months · AED 83 per sqft
18 May 2021SoldReady
AED 840,000AED 1,047 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
15th of 83
Parking
B4-82
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 840K · May 2021

About 1504, Elite Residence

1504 is a one-bedroom apartment of 802 sqft on the 15th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 May 2021 for AED 840,000, or AED 1,047 per sqft, 26% above the AED 833 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 November 2026, is AED 90,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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 1,602,523 (AED 1,998 per sqft)Sold, December 2012: AED 1,602,523 (AED 1,998 per sqft)Sold, January 2020: AED 975,000 (AED 1,215 per sqft)Sold, May 2021: AED 840,000 (AED 1,047 per sqft)

1504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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 2017: AED 85,000 a yearNew contract, March 2020: AED 59,597 a yearNew contract, July 2021: AED 67,000 a yearRenewal, July 2022: AED 93,000 a yearNew contract, December 2023: AED 132,615 a yearNew contract, September 2024: AED 117,000 a yearNew contract, September 2024: AED 117,000 a yearNew contract, March 2026: AED 110,000 a yearNew contract, November 2026: 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 1504 sits

All 416 1-beds →

1504 last sold in May 2021 at AED 1,047 per sqft, 26% above what one-beds in Elite Residence were fetching at the time (AED 833). 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. 1504's AED 90,000 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 15th floor

All 697 units in Elite Residence
Value
15011-bedAED 1.22M · Aug 2012
15022-bedAED 1M · Nov 2012
15031-bedAED 1.33M · Aug 2024
15052-bedAED 2.55M · Oct 2012
15061-bedAED 1.35M · Nov 2013
15071-bedAED 1M · May 2013
15082-bedAED 1.82M · Oct 2014
1–7 of 11

1504, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 1,602,523, last on 18 May 2021 for AED 840,000 (AED 1,047 per sqft).
  • Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 59,597 in 2020 and recovered to AED 90,000 by November 2026.
  • At AED 90,000 a year the gross yield on the 2021 price is 10.7%, 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 1 November 2026.

Questions about 1504, Elite Residence

What did unit 1504 last sell for?

AED 840,000 on 18 May 2021: AED 1,047 per sqft for 802 sqft. The unit has 4 registered sales; the first was AED 1,602,523 in August 2009.

What is the rent for unit 1504?

AED 90,000 a year on the contract signed on 1 November 2026. The previous contract, from March 2026, was AED 110,000; the unit has been rented since November 2017.

How big is unit 1504?

802 sqft (74.5 sqm): a one-bedroom apartment on the 15th floor of a 83-storey tower completed in 2012.

What is unit 1504 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 1504, Elite Residence

Starts from the last sale price (AED 840K, 18 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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