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1-bed · 802 sqftElite Residence, Dubai Marina · 16th floor · completed 2012

1604, Elite Residence

Sold prices and rental history: sold 3 times, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 1 April 2013
Last soldAED 1.35M1 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1604, Elite Residence

What is 1604 worth today?

Last sold for AED 1,350,000 in 2013

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1 Apr 2013SoldReady
AED 1,350,000AED 1,683 per sqft
25 Feb 2013SoldReady
AED 1,545,407AED 1,927 per sqft
9 Aug 2009Sold by developerOff-plan
AED 1,545,407AED 1,927 per sqft

Source: Dubai Land Department. Updated 1 April 2013.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
16th of 83
Parking
P4-71
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.35M · April 2013
Building
Elite Residence

About 1604, Elite Residence

1604 is a one-bedroom apartment of 802 sqft on the 16th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 1 April 2013 for AED 1,350,000, or AED 1,683 per sqft, 23% above the AED 1,373 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 1,545,407 (AED 1,927 per sqft)Sold, February 2013: AED 1,545,407 (AED 1,927 per sqft)Sold, April 2013: AED 1,350,000 (AED 1,683 per sqft)

1604 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, 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 82,000

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 1604 sits

All 416 1-beds →

1604 last sold in April 2013 at AED 1,683 per sqft, 23% above what one-beds in Elite Residence were fetching at the time (AED 1,373). 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.

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 16th floor

All 697 units in Elite Residence
Value
16011-bedAED 870K · Jan 2019
16022-bedAED 1.9M · May 2025
16031-bedAED 1.38M · May 2025
16052-bedAED 2.56M · Mar 2013
16061-bedAED 1.3M · Jun 2015
16071-bedAED 1.2M · Nov 2023
16082-bedAED 990K · Jun 2015
1–7 of 11

1604, Elite Residence in numbers

  • Sold 3 times: first on 9 August 2009 for AED 1,545,407, last on 1 April 2013 for AED 1,350,000 (AED 1,683 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 April 2013.

Questions about 1604, Elite Residence

What did unit 1604 last sell for?

AED 1,350,000 on 1 April 2013: AED 1,683 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 1,545,407 in August 2009.

How big is unit 1604?

802 sqft (74.5 sqm): a one-bedroom apartment on the 16th floor of a 83-storey tower completed in 2012.

What is unit 1604 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 1604, Elite Residence

Starts from the last sale price (AED 1.35M, 1 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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