2706, Elite Residence
Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2706, Elite Residence
What is 2706 worth today?
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Source: Dubai Land Department. Updated 11 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 27th of 83
- Parking
- B3-07
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.25M · November 2022
- Building
- Elite Residence
About 2706, Elite Residence
2706 is a one-bedroom apartment of 960 sqft on the 27th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 November 2022 for AED 1,250,000, or AED 1,301 per sqft, 18% above the AED 1,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 11 November 2023, is AED 74,520 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,600 a year.
Sales and rents for 2706 over time
2706 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 2706 sits
All 416 1-beds →2706 last sold in November 2022 at AED 1,301 per sqft, 18% above what one-beds in Elite Residence were fetching at the time (AED 1,099). 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. 2706's AED 74,520 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 27th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 1-bed | 960 sqft | AED 914KAED 913,500 · Jul 2022July 2022 | 85,000 /yr | |
| 2702 | 2-bed | 1,329 sqft | AED 1.85MAED 1,850,000 · Oct 2025October 2025 | 135,000 /yr | |
| 2703 | 1-bed | 801 sqft | AED 1.53MAED 1,525,000 · Jul 2025July 2025 | 100,000 /yr | |
| 2704 | 1-bed | 802 sqft | AED 1.45MAED 1,450,000 · Feb 2025February 2025 | 60,000 /yr | |
| 2705 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Nov 2015November 2015 | 130,000 /yr | |
| 2707 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Dec 2024December 2024 | 100,000 /yr | |
| 2708 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Apr 2013April 2013 | 97,000 /yr | |
| 2709 | 1-bed | 737 sqft | AED 1.36MAED 1,355,750 · Aug 2014August 2014 | 85,000 /yr | |
| 2710 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Nov 2016November 2016 | 100,000 /yr | |
| 2711 | 2-bed | 1,329 sqft | AED 2MAED 2,000,000 · Nov 2013November 2013 | 100,000 /yr | |
| 2712 | 1-bed | 960 sqft | AED 1.35MAED 1,350,000 · Jun 2026June 2026 | 65,000 /yr |
2706, Elite Residence in numbers
- Sold 4 times: first on 9 August 2009 for AED 1,311,618, last on 8 November 2022 for AED 1,250,000 (AED 1,301 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 47,000 in 2020 and recovered to AED 74,520 by November 2023.
- At AED 74,520 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,600 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 11 November 2023.
Questions about 2706, Elite Residence
What did unit 2706 last sell for?
AED 1,250,000 on 8 November 2022: AED 1,301 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,311,618 in August 2009.
What is the rent for unit 2706?
AED 74,520 a year on the contract renewed on 11 November 2023. The previous contract, from November 2022, was AED 62,040; the unit has been rented since January 2014.
How big is unit 2706?
960 sqft (89.2 sqm): a one-bedroom apartment on the 27th floor of a 83-storey tower completed in 2012.
What is unit 2706 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 2706, Elite Residence
Starts from the last sale price (AED 1.25M, 8 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →