2304, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Elite Residence
What is 2304 worth today?
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Source: Dubai Land Department. Updated 30 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 23rd of 83
- Parking
- P3-71
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 922K · December 2012
- Building
- Elite Residence
About 2304, Elite Residence
2304 is a one-bedroom apartment of 802 sqft on the 23rd 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 922,282, or AED 1,150 per sqft, 15% below the AED 1,356 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 30 January 2024, is AED 77,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 416 1-beds →2304 last sold in December 2012 at AED 1,150 per sqft, 15% 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. 2304's AED 77,000 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 23rd floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 960 sqft | AED 1.31MAED 1,310,000 · Oct 2016October 2016 | 20,000 /yr | |
| 2302 | 2-bed | 1,329 sqft | AED 1.45MAED 1,450,000 · Sep 2021September 2021 | 131,000 /yr | |
| 2303 | 1-bed | 801 sqft | AED 1.57MAED 1,571,856 · Dec 2012December 2012 | 90,486 /yr | |
| 2305 | 2-bed | 1,329 sqft | AED 2.2MAED 2,200,000 · Nov 2015November 2015 | 120,000 /yr | |
| 2306 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2307 | 1-bed | 960 sqft | AED 1.3MAED 1,299,126 · Jul 2009July 2009 | ||
| 2308 | 2-bed | 1,329 sqft | AED 1.05MAED 1,050,000 · May 2019May 2019 | 92,447 /yr | |
| 2309 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Oct 2017October 2017 | 75,000 /yr | |
| 2310 | 1-bed | 737 sqft | AED 1.33MAED 1,334,628 · Oct 2012October 2012 | 82,000 /yr | |
| 2311 | 2-bed | 1,329 sqft | AED 1.65MAED 1,650,000 · Nov 2015November 2015 | 150,000 /yr | |
| 2312 | 1-bed | 960 sqft | AED 1.27MAED 1,267,000 · Jun 2025June 2025 | 115,500 /yr |
2304, Elite Residence in numbers
- Sold twice: first on 15 February 2012 for AED 922,282, last on 27 December 2012 for AED 922,282 (AED 1,150 per sqft).
- Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 61,000 in 2021 and recovered to AED 77,000 by January 2024.
- At AED 77,000 a year the gross yield on the 2012 price is 8.3%, 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 30 January 2024.
Questions about 2304, Elite Residence
What did unit 2304 last sell for?
AED 922,282 on 27 December 2012: AED 1,150 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 922,282 in February 2012.
What is the rent for unit 2304?
AED 77,000 a year on the contract renewed on 30 January 2024. The previous contract, from January 2024, was AED 77,000; the unit has been rented since January 2019.
How big is unit 2304?
802 sqft (74.5 sqm): a one-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.
What is unit 2304 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 2304, Elite Residence
Starts from the last sale price (AED 922K, 27 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 922,282
- Deposit, UAE resident (20%)
- AED 184,456
- Deposit, non-resident (40%)
- AED 368,913
- Monthly over 25 years at 3.7%
- AED 3,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →