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

1705, Elite Residence

Sold prices and rental history: sold 4 times, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 31 March 2022
Last soldAED 1.52M31 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1705, Elite Residence

What is 1705 worth today?

Last sold for AED 1,520,000 in 2022

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31 Mar 2022SoldReady
AED 1,520,000AED 1,143 per sqft
13 Dec 2012SoldReady
AED 1,650,000AED 1,241 per sqft
5 Dec 2012SoldReady
AED 2,100,000AED 1,580 per sqft
9 Aug 2009Sold by developerOff-plan
AED 2,561,352AED 1,927 per sqft

Source: Dubai Land Department. Updated 31 March 2022.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
17th of 83
Parking
B4-73
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.52M · March 2022
Building
Elite Residence

About 1705, Elite Residence

1705 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 31 March 2022 for AED 1,520,000, or AED 1,143 per sqft, 23% above the AED 932 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, August 2009: AED 2,561,352 (AED 1,927 per sqft)Sold, December 2012: AED 1,650,000 (AED 1,241 per sqft)Sold, December 2012: AED 2,100,000 (AED 1,580 per sqft)Sold, March 2022: AED 1,520,000 (AED 1,143 per sqft)

1705 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical 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 120,000

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 1705 sits

All 208 2-beds →

1705 last sold in March 2022 at AED 1,143 per sqft, 23% above what two-beds in Elite Residence were fetching at the time (AED 932). 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.

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
17022-bedAED 1.82M · Sep 2025
17031-bedAED 994K · Dec 2012
17041-bedAED 720K · Dec 2021
17061-bedAED 950K · May 2022
17071-bedAED 1.33M · Oct 2013
17082-bedAED 1.81M · Jun 2026
1–7 of 11

1705, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 2,561,352, last on 31 March 2022 for AED 1,520,000 (AED 1,143 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 31 March 2022.

Questions about 1705, Elite Residence

What did unit 1705 last sell for?

AED 1,520,000 on 31 March 2022: AED 1,143 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,561,352 in August 2009.

How big is unit 1705?

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 1705 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 1705, Elite Residence

Starts from the last sale price (AED 1.52M, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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