1-bed · 960 sqftElite Residence, Dubai Marina · 17th floor · completed 2012

1701, Elite Residence

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 6 August 2026
Last soldAED 900K29 June 2022
Current rentAED 75K /yr6 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Elite Residence

What is 1701 worth today?

Last sold for AED 900,000 in 2022

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6 Aug 2026RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
28 Feb 2026RentedRenewal
AED 119,644/yr12 months · AED 125 per sqft
28 Feb 2026RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
28 Feb 2025RentedNew contract
AED 93,000/yr12 months · AED 97 per sqft
31 Dec 2023RentedRenewal
AED 89,759/yr12 months · AED 94 per sqft
31 Dec 2023RentedRenewal
AED 89,759/yr12 months · AED 94 per sqft
31 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
25 Nov 2022RentedNew contract
AED 73,500/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 6 August 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
17th of 83
Parking
B4-08
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 900K · June 2022

About 1701, Elite Residence

1701 is a one-bedroom apartment of 960 sqft on the 17th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 June 2022 for AED 900,000, or AED 937 per sqft, 5% below the AED 989 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 14 Ejari contracts. The current contract, signed on 6 August 2026, is AED 75,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 1,237,000 (AED 1,287 per sqft)Sold, May 2013: AED 1,237,000 (AED 1,287 per sqft)Sold, October 2018: AED 1,035,000 (AED 1,077 per sqft)Sold, June 2022: AED 900,000 (AED 937 per sqft)

1701 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, 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, March 2016: AED 115,000 a yearNew contract, March 2017: AED 100,000 a yearNew contract, December 2018: AED 80,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, December 2020: AED 50,000 a yearNew contract, November 2021: AED 70,000 a yearNew contract, November 2022: AED 73,500 a yearNew contract, December 2022: AED 85,000 a yearRenewal, December 2023: AED 89,759 a yearRenewal, December 2023: AED 89,759 a yearNew contract, February 2025: AED 93,000 a yearRenewal, February 2026: AED 119,644 a yearRenewal, February 2026: AED 95,000 a yearNew contract, August 2026: AED 75,000 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 1701 sits

All 416 1-beds →

1701 last sold in June 2022 at AED 937 per sqft, 5% below what one-beds in Elite Residence were fetching at the time (AED 989). 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. 1701's AED 75,000 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 17th floor

All 697 units in Elite Residence
Value
17022-bedAED 1.82M · Sep 2025
17031-bedAED 994K · Dec 2012
17041-bedAED 720K · Dec 2021
17052-bedAED 1.52M · Mar 2022
17061-bedAED 950K · May 2022
17071-bedAED 1.33M · Oct 2013
17082-bedAED 1.81M · Jun 2026
1–7 of 11

1701, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 1,237,000, last on 29 June 2022 for AED 900,000 (AED 937 per sqft).
  • Rented since March 2016 on 14 Ejari contracts. The rent fell from AED 115,000 to AED 50,000 in 2020 and recovered to AED 75,000 by August 2026.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.3%, 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 6 August 2026.

Questions about 1701, Elite Residence

What did unit 1701 last sell for?

AED 900,000 on 29 June 2022: AED 937 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,237,000 in August 2009.

What is the rent for unit 1701?

AED 75,000 a year on the contract signed on 6 August 2026. The previous contract, from February 2026, was AED 119,644; the unit has been rented since March 2016.

How big is unit 1701?

960 sqft (89.2 sqm): a one-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.

What is unit 1701 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 1701, Elite Residence

Starts from the last sale price (AED 900K, 29 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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