1-bed · 802 sqftElite Residence, Dubai Marina · 18th floor · completed 2012

1804, Elite Residence

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1804 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.41M10 September 2024
Current rentAED 70K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Elite Residence

What is 1804 worth today?

Last sold for AED 1,410,000 in 2024

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10 Sep 2024SoldReady
AED 1,410,000AED 1,758 per sqft
10 Jul 2023RentedRenewal
AED 69,612/yr9 months · AED 86 per sqft
10 Jul 2022RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
10 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
10 Sep 2020RentedNew contract
AED 47,000/yr12 months · AED 58 per sqft
1 May 2019RentedRenewal
AED 90,000/yr12 months · AED 111 per sqft
1 May 2018RentedRenewal
AED 100,000/yr12 months · AED 124 per sqft
1 May 2017RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
18th of 83
Parking
P4-18
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.41M · September 2024

About 1804, Elite Residence

1804 is a one-bedroom apartment of 802 sqft on the 18th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 10 September 2024 for AED 1,410,000, or AED 1,758 per sqft, 18% above the AED 1,493 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 July 2023, is AED 69,612 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1804 over time

Sales
Unit 1804, 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 1,552,964 (AED 1,936 per sqft)Sold, September 2012: AED 1,280,000 (AED 1,596 per sqft)Sold, September 2012: AED 995,000 (AED 1,240 per sqft)Sold, April 2016: AED 1,300,000 (AED 1,621 per sqft)Sold, September 2024: AED 1,410,000 (AED 1,758 per sqft)

1804 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1804, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, May 2017: AED 100,000 a yearRenewal, May 2018: AED 100,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, September 2020: AED 47,000 a yearNew contract, July 2021: AED 60,000 a yearRenewal, July 2022: AED 66,000 a yearRenewal, July 2023: AED 69,612 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 1804 sits

All 416 1-beds →

1804 last sold in September 2024 at AED 1,758 per sqft, 18% above what one-beds in Elite Residence were fetching at the time (AED 1,493). 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. 1804's AED 69,612 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 18th floor

All 697 units in Elite Residence
Value
18011-bedAED 1.1M · Feb 2016
18022-bedAED 2.57M · Jan 2013
18031-bedAED 1.3M · May 2024
18052-bedAED 1.81M · Jul 2026
18061-bedAED 1.28M · Dec 2012
18071-bedAED 1.27M · Dec 2012
18082-bedAED 1.35M · Apr 2023
1–7 of 11

1804, Elite Residence in numbers

  • Sold 5 times: first on 9 August 2009 for AED 1,552,964, last on 10 September 2024 for AED 1,410,000 (AED 1,758 per sqft).
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 47,000 in 2020 and recovered to AED 69,612 by July 2023.
  • At AED 69,612 a year the gross yield on the 2024 price is 4.9%, 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 10 September 2024.

Questions about 1804, Elite Residence

What did unit 1804 last sell for?

AED 1,410,000 on 10 September 2024: AED 1,758 per sqft for 802 sqft. The unit has 5 registered sales; the first was AED 1,552,964 in August 2009.

What is the rent for unit 1804?

AED 69,612 a year on the contract renewed on 10 July 2023. The previous contract, from July 2022, was AED 66,000; the unit has been rented since May 2017.

How big is unit 1804?

802 sqft (74.5 sqm): a one-bedroom apartment on the 18th floor of a 83-storey tower completed in 2012.

What is unit 1804 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 1804, Elite Residence

Starts from the last sale price (AED 1.41M, 10 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

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