1-bed · 960 sqftElite Residence, Dubai Marina · 27th floor · completed 2012

2707, Elite Residence

Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.27M6 December 2024
Current rentAED 100K /yr20 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Elite Residence

What is 2707 worth today?

Last sold for AED 1,270,000 in 2024

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6 Dec 2024SoldReady
AED 1,270,000AED 1,322 per sqft
17 Jan 2017SoldReady
AED 1,225,000AED 1,275 per sqft
20 Jan 2016RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
14 Jan 2014RentedNew contract
AED 92,000/yr12 months · AED 96 per sqft
27 Dec 2012SoldReady
AED 1,311,618AED 1,365 per sqft
9 Aug 2009Sold by developerOff-plan
AED 1,311,618AED 1,365 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
27th of 83
Parking
B3-66
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.27M · December 2024

About 2707, Elite Residence

2707 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 6 December 2024 for AED 1,270,000, or AED 1,322 per sqft, 11% below the AED 1,493 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 January 2016, is AED 100,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, 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, August 2009: AED 1,311,618 (AED 1,365 per sqft)Sold, December 2012: AED 1,311,618 (AED 1,365 per sqft)Sold, January 2017: AED 1,225,000 (AED 1,275 per sqft)Sold, December 2024: AED 1,270,000 (AED 1,322 per sqft)

2707 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2707, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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 82,000New contract, January 2014: AED 92,000 a yearNew contract, January 2016: AED 100,000 a year

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 2707 sits

All 416 1-beds →

2707 last sold in December 2024 at AED 1,322 per sqft, 11% below what one-beds in Elite Residence were fetching at the time (AED 1,493). 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. 2707's AED 100,000 is in the upper half of that range.

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 27th floor

All 697 units in Elite Residence
Value
27011-bedAED 914K · Jul 2022
27022-bedAED 1.85M · Oct 2025
27031-bedAED 1.53M · Jul 2025
27041-bedAED 1.45M · Feb 2025
27052-bedAED 1.9M · Nov 2015
27061-bedAED 1.25M · Nov 2022
27082-bedAED 1.4M · Apr 2013
1–7 of 11

2707, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 1,311,618, last on 6 December 2024 for AED 1,270,000 (AED 1,322 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 92,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.9%, 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 6 December 2024.

Questions about 2707, Elite Residence

What did unit 2707 last sell for?

AED 1,270,000 on 6 December 2024: AED 1,322 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 2707?

AED 100,000 a year on the contract signed on 20 January 2016. The previous contract, from January 2014, was AED 92,000.

How big is unit 2707?

960 sqft (89.2 sqm): a one-bedroom apartment on the 27th floor of a 83-storey tower completed in 2012.

What is unit 2707 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 2707, Elite Residence

Starts from the last sale price (AED 1.27M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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