2-bed · 1,329 sqftElite Residence, Dubai Marina · 17th floor · completed 2012

1702, Elite Residence

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 1.82M10 September 2025
Current rentAED 124K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Elite Residence

What is 1702 worth today?

Last sold for AED 1,817,598 in 2025

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10 Sep 2025SoldReady
AED 1,817,598AED 1,367 per sqft
4 Oct 2024RentedRenewal
AED 123,900/yr12 months · AED 93 per sqft
4 Oct 2024RentedRenewal
AED 123,900/yr12 months · AED 93 per sqft
4 Oct 2023RentedRenewal
AED 118,000/yr12 months · AED 89 per sqft
4 Oct 2022RentedNew contract
AED 108,000/yr12 months · AED 81 per sqft
14 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
10 Aug 2019RentedRenewal
AED 83,000/yr12 months · AED 62 per sqft
10 Aug 2018RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
17th of 83
Parking
B4-77
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.82M · September 2025

About 1702, Elite Residence

1702 is a two-bedroom apartment of 1,329 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 10 September 2025 for AED 1,817,598, or AED 1,367 per sqft, in line with the AED 1,409 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 4 October 2024, is AED 123,900 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, October 2009: AED 780,900 (AED 587 per sqft)Sold, August 2012: AED 780,900 (AED 587 per sqft)Sold, June 2015: AED 990,000 (AED 744 per sqft)Sold, September 2025: AED 1,817,598 (AED 1,367 per sqft)

1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, March 2013: AED 120,000 a yearRenewal, April 2014: AED 132,000 a yearNew contract, April 2015: AED 140,000 a yearNew contract, August 2016: AED 125,000 a yearRenewal, August 2017: AED 125,000 a yearRenewal, August 2018: AED 105,000 a yearRenewal, August 2019: AED 83,000 a yearNew contract, February 2022: AED 90,000 a yearNew contract, October 2022: AED 108,000 a yearRenewal, October 2023: AED 118,000 a yearRenewal, October 2024: AED 123,900 a yearRenewal, October 2024: AED 123,900 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Residence, and where 1702 sits

All 208 2-beds →

1702 last sold in September 2025 at AED 1,367 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,409). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 1702's AED 123,900 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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
17011-bedAED 900K · Jun 2022
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

1702, Elite Residence in numbers

  • Sold 4 times: first on 25 October 2009 for AED 780,900, last on 10 September 2025 for AED 1,817,598 (AED 1,367 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 83,000 in 2019 and recovered to AED 123,900 by October 2024.
  • At AED 123,900 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 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 10 September 2025.

Questions about 1702, Elite Residence

What did unit 1702 last sell for?

AED 1,817,598 on 10 September 2025: AED 1,367 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 780,900 in October 2009.

What is the rent for unit 1702?

AED 123,900 a year on the contract renewed on 4 October 2024. The previous contract, from October 2024, was AED 123,900; the unit has been rented since March 2013.

How big is unit 1702?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.

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Mortgage on 1702, Elite Residence

Starts from the last sale price (AED 1.82M, 10 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,817,598
Deposit, UAE resident (20%)
AED 363,520
Deposit, non-resident (40%)
AED 727,039
Monthly over 25 years at 3.7%
AED 7,436

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