2003, Elite Residence
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Elite Residence
What is 2003 worth today?
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Source: Dubai Land Department. Updated 13 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 20th of 83
- Parking
- P4-67
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.33M · May 2024
- Building
- Elite Residence
About 2003, Elite Residence
2003 is a one-bedroom apartment of 801 sqft on the 20th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 13 May 2024 for AED 1,325,000, or AED 1,653 per sqft, 13% above the AED 1,457 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 73,205 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2003 over time
2003 has sold 4 times; 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 2003 sits
All 416 1-beds →2003 last sold in May 2024 at AED 1,653 per sqft, 13% above what one-beds in Elite Residence were fetching at the time (AED 1,457). 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. 2003's AED 73,205 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 20th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 80,850 /yr | |
| 2002 | 2-bed | 1,329 sqft | AED 1.73MAED 1,727,700 · Aug 2025August 2025 | 200,000 /yr | |
| 2004 | 1-bed | 802 sqft | AED 1.25MAED 1,250,000 · Feb 2024February 2024 | 161,134 /yr | |
| 2005 | 2-bed | 1,329 sqft | AED 2.28MAED 2,284,436 · Aug 2025August 2025 | 175,000 /yr | |
| 2006 | 1-bed | 960 sqft | AED 1.28MAED 1,280,000 · Oct 2024October 2024 | 90,000 /yr | |
| 2007 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Nov 2024November 2024 | 68,310 /yr | |
| 2008 | 2-bed | 1,329 sqft | AED 1.85MAED 1,850,000 · Jan 2025January 2025 | 86,940 /yr | |
| 2009 | 1-bed | 737 sqft | AED 950KAED 950,000 · Mar 2024March 2024 | 77,000 /yr | |
| 2010 | 1-bed | 737 sqft | AED 950KAED 950,000 · Mar 2024March 2024 | 62,100 /yr | |
| 2011 | 2-bed | 1,329 sqft | AED 990KAED 990,000 · Jun 2015June 2015 | 82,800 /yr | |
| 2012 | 1-bed | 960 sqft | AED 1.66MAED 1,659,152 · Aug 2025August 2025 | 80,850 /yr |
2003, Elite Residence in numbers
- Sold 4 times: first on 25 October 2009 for AED 503,800, last on 13 May 2024 for AED 1,325,000 (AED 1,653 per sqft).
- Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2021 and recovered to AED 73,205 by January 2024.
- At AED 73,205 a year the gross yield on the 2024 price is 5.5%, 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 13 May 2024.
Questions about 2003, Elite Residence
What did unit 2003 last sell for?
AED 1,325,000 on 13 May 2024: AED 1,653 per sqft for 801 sqft. The unit has 4 registered sales; the first was AED 503,800 in October 2009.
What is the rent for unit 2003?
AED 73,205 a year on the contract renewed on 17 January 2024. The previous contract, from January 2024, was AED 73,205; the unit has been rented since February 2017.
How big is unit 2003?
801 sqft (74.4 sqm): a one-bedroom apartment on the 20th floor of a 83-storey tower completed in 2012.
What is unit 2003 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 2003, Elite Residence
Starts from the last sale price (AED 1.33M, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →