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1-bed · 960 sqftElite Residence, Dubai Marina · 23rd floor · completed 2012

2307, Elite Residence

Sold prices and rental history: sold once, by the developer in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 3 July 2009
Last soldAED 1.3M3 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2307, Elite Residence

What is 2307 worth today?

Last sold for AED 1,299,126 in 2009

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3 Jul 2009Sold by developerOff-plan
AED 1,299,126AED 1,352 per sqft

Source: Dubai Land Department. Updated 3 July 2009.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
23rd of 83
Parking
B3-03
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.3M · July 2009
Building
Elite Residence

About 2307, Elite Residence

2307 is a one-bedroom apartment of 960 sqft on the 23rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 3 July 2009 for AED 1,299,126, or AED 1,352 per sqft, 9% below the AED 1,491 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, July 2009: AED 1,299,126 (AED 1,352 per sqft)

2307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2307, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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 82,000

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 2307 sits

All 416 1-beds →

2307 last sold in July 2009 at AED 1,352 per sqft, 9% below what one-beds in Elite Residence were fetching at the time (AED 1,491). 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.

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 23rd floor

All 697 units in Elite Residence
Value
23011-bedAED 1.31M · Oct 2016
23022-bedAED 1.45M · Sep 2021
23031-bedAED 1.57M · Dec 2012
23041-bedAED 922K · Dec 2012
23052-bedAED 2.2M · Nov 2015
23061-bedAED 1.3M · Jul 2009
23082-bedAED 1.05M · May 2019
1–7 of 11

2307, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 3 July 2009 for AED 1,299,126, or AED 1,352 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 3 July 2009.

Questions about 2307, Elite Residence

What did unit 2307 last sell for?

AED 1,299,126 on 3 July 2009, sold by the developer: AED 1,352 per sqft for 960 sqft. It is the only registered sale of the unit.

How big is unit 2307?

960 sqft (89.2 sqm): a one-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.

What is unit 2307 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 2307, Elite Residence

Starts from the last sale price (AED 1.3M, 3 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,299,126
Deposit, UAE resident (20%)
AED 259,825
Deposit, non-resident (40%)
AED 519,650
Monthly over 25 years at 3.7%
AED 5,315

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