2403, Elite Residence
Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, Elite Residence
What is 2403 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 24th of 83
- Parking
- B3-71
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 2.1M · February 2024
- Building
- Elite Residence
About 2403, Elite Residence
2403 is a one-bedroom apartment of 801 sqft on the 24th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 12 February 2024 for AED 2,100,000, or AED 2,620 per sqft, 86% above the AED 1,406 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 82,500 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2403 over time
2403 has sold 5 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 2403 sits
All 416 1-beds →2403 last sold in February 2024 at AED 2,620 per sqft, 86% above what one-beds in Elite Residence were fetching at the time (AED 1,406). 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. 2403's AED 82,500 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 24th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 960 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | 105,000 /yr | |
| 2402 | 2-bed | 1,329 sqft | AED 2.12MAED 2,117,500 · Dec 2015December 2015 | 110,000 /yr | |
| 2404 | 1-bed | 802 sqft | AED 1.09MAED 1,090,000 · Feb 2022February 2022 | 80,000 /yr | |
| 2405 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Apr 2026April 2026 | 165,000 /yr | |
| 2406 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | 84,000 /yr | |
| 2407 | 1-bed | 960 sqft | AED 1.3MAED 1,302,249 · Oct 2012October 2012 | ||
| 2408 | 2-bed | 1,329 sqft | AED 1.62MAED 1,615,000 · Aug 2022August 2022 | 120,000 /yr | |
| 2409 | 1-bed | 737 sqft | AED 1.33MAED 1,330,000 · Aug 2014August 2014 | 80,000 /yr | |
| 2410 | 1-bed | 737 sqft | AED 1.13MAED 1,125,000 · Apr 2017April 2017 | 76,532 /yr | |
| 2411 | 2-bed | 1,329 sqft | AED 1.8MAED 1,800,000 · Jan 2025January 2025 | 115,000 /yr | |
| 2412 | 1-bed | 960 sqft | AED 1.3MAED 1,302,638 · Jan 2013January 2013 | 95,000 /yr |
2403, Elite Residence in numbers
- Sold 5 times: first on 9 August 2009 for AED 1,575,635, last on 12 February 2024 for AED 2,100,000 (AED 2,620 per sqft).
- Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 82,500 by November 2024.
- At AED 82,500 a year the gross yield on the 2024 price is 3.9%, 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 1 November 2024.
Questions about 2403, Elite Residence
What did unit 2403 last sell for?
AED 2,100,000 on 12 February 2024: AED 2,620 per sqft for 801 sqft. The unit has 5 registered sales; the first was AED 1,575,635 in August 2009.
What is the rent for unit 2403?
AED 82,500 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 82,500; the unit has been rented since April 2015.
How big is unit 2403?
801 sqft (74.4 sqm): a one-bedroom apartment on the 24th floor of a 83-storey tower completed in 2012.
What is unit 2403 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.
Selling 2403? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2403, Elite Residence
Starts from the last sale price (AED 2.1M, 12 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →