1703, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Elite Residence
What is 1703 worth today?
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Source: Dubai Land Department. Updated 15 March 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 17th of 83
- Parking
- B4-22
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 994K · December 2012
- Building
- Elite Residence
About 1703, Elite Residence
1703 is a one-bedroom apartment of 801 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 27 December 2012 for AED 993,599, or AED 1,239 per sqft, 9% below the AED 1,356 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 March 2021, is AED 50,000 a year: a gross yield of 5.0% on the 2012 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1703 over time
1703 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1703 sits
All 416 1-beds →1703 last sold in December 2012 at AED 1,239 per sqft, 9% below what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 1703's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
Elite Residence
Building697 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%
Other units on the 17th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 960 sqft | AED 900KAED 900,000 · Jun 2022June 2022 | 75,000 /yr | |
| 1702 | 2-bed | 1,329 sqft | AED 1.82MAED 1,817,598 · Sep 2025September 2025 | 123,900 /yr | |
| 1704 | 1-bed | 802 sqft | AED 720KAED 720,000 · Dec 2021December 2021 | 91,350 /yr | |
| 1705 | 2-bed | 1,329 sqft | AED 1.52MAED 1,520,000 · Mar 2022March 2022 | ||
| 1706 | 1-bed | 960 sqft | AED 950KAED 950,000 · May 2022May 2022 | 44,000 /yr | |
| 1707 | 1-bed | 960 sqft | AED 1.33MAED 1,325,000 · Oct 2013October 2013 | 137,000 /yr | |
| 1708 | 2-bed | 1,329 sqft | AED 1.81MAED 1,807,981 · Jun 2026June 2026 | 150,000 /yr | |
| 1709 | 1-bed | 737 sqft | AED 1.21MAED 1,213,357 · Oct 2012October 2012 | 62,500 /yr | |
| 1710 | 1-bed | 737 sqft | AED 1.32MAED 1,315,379 · Oct 2012October 2012 | ||
| 1711 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Oct 2019October 2019 | 135,000 /yr | |
| 1712 | 1-bed | 960 sqft | AED 1.28MAED 1,280,389 · Dec 2012December 2012 | 59,834 /yr |
1703, Elite Residence in numbers
- Sold twice: first on 25 March 2012 for AED 993,599, last on 27 December 2012 for AED 993,599 (AED 1,239 per sqft).
- Rented since October 2019 on 2 Ejari contracts, from AED 70,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2012 price is 5.0%, 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 15 March 2021.
Questions about 1703, Elite Residence
What did unit 1703 last sell for?
AED 993,599 on 27 December 2012: AED 1,239 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 993,599 in March 2012.
What is the rent for unit 1703?
AED 50,000 a year on the contract signed on 15 March 2021. The previous contract, from October 2019, was AED 70,000.
How big is unit 1703?
801 sqft (74.4 sqm): a one-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.
What is unit 1703 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 1703, Elite Residence
Starts from the last sale price (AED 994K, 27 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 993,599
- Deposit, UAE resident (20%)
- AED 198,720
- Deposit, non-resident (40%)
- AED 397,440
- Monthly over 25 years at 3.7%
- AED 4,065
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →