2603, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, 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 2603, Elite Residence
What is 2603 worth today?
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Source: Dubai Land Department. Updated 15 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 26th of 83
- Parking
- B3-06
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.58M · December 2012
- Building
- Elite Residence
About 2603, Elite Residence
2603 is a one-bedroom apartment of 801 sqft on the 26th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 December 2012 for AED 1,583,192, or AED 1,975 per sqft, 44% above the AED 1,367 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 September 2023, is AED 107,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2603 over time
2603 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 2603 sits
All 416 1-beds →2603 last sold in December 2012 at AED 1,975 per sqft, 44% above what one-beds in Elite Residence were fetching at the time (AED 1,367). 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. 2603's AED 107,000 is in the upper 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 26th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 960 sqft | AED 750KAED 750,000 · Mar 2014March 2014 | 85,000 /yr | |
| 2602 | 2-bed | 1,329 sqft | AED 2.54MAED 2,539,401 · Dec 2012December 2012 | 114,561 /yr | |
| 2604 | 1-bed | 802 sqft | AED 1.9MAED 1,900,000 · Jun 2014June 2014 | 76,650 /yr | |
| 2605 | 2-bed | 1,329 sqft | AED 2.5MAED 2,500,000 · Jun 2014June 2014 | ||
| 2606 | 1-bed | 960 sqft | AED 1.03MAED 1,025,000 · Mar 2013March 2013 | 70,000 /yr | |
| 2607 | 1-bed | 960 sqft | AED 1.31MAED 1,308,495 · May 2013May 2013 | 84,000 /yr | |
| 2608 | 2-bed | 1,329 sqft | AED 1.86MAED 1,861,020 · Oct 2014October 2014 | 75,000 /yr | |
| 2609 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | 77,000 /yr | |
| 2610 | 1-bed | 737 sqft | AED 820KAED 820,000 · Oct 2022October 2022 | 85,000 /yr | |
| 2611 | 2-bed | 1,329 sqft | AED 1.45MAED 1,450,000 · Jun 2013June 2013 | 130,000 /yr | |
| 2612 | 1-bed | 960 sqft | AED 1.22MAED 1,220,000 · Aug 2016August 2016 | 95,000 /yr |
2603, Elite Residence in numbers
- Sold twice: first on 13 August 2009 for AED 1,583,192, last on 29 December 2012 for AED 1,583,192 (AED 1,975 per sqft).
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2022 and recovered to AED 107,000 by September 2023.
- At AED 107,000 a year the gross yield on the 2012 price is 6.8%, 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 15 September 2023.
Questions about 2603, Elite Residence
What did unit 2603 last sell for?
AED 1,583,192 on 29 December 2012: AED 1,975 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,583,192 in August 2009.
What is the rent for unit 2603?
AED 107,000 a year on the contract signed on 15 September 2023. The previous contract, from March 2022, was AED 65,000; the unit has been rented since August 2017.
How big is unit 2603?
801 sqft (74.4 sqm): a one-bedroom apartment on the 26th floor of a 83-storey tower completed in 2012.
What is unit 2603 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 2603, Elite Residence
Starts from the last sale price (AED 1.58M, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,583,192
- Deposit, UAE resident (20%)
- AED 316,638
- Deposit, non-resident (40%)
- AED 633,277
- Monthly over 25 years at 3.7%
- AED 6,477
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →