2-bed · 1,331 sqftElite Residence, Dubai Marina · 30th floor · completed 2012

3008, Elite Residence

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3008 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.9M25 October 2024
Current rentAED 92K /yr25 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3008, Elite Residence

What is 3008 worth today?

Last sold for AED 1,900,000 in 2024

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25 Oct 2024SoldReady
AED 1,900,000AED 1,427 per sqft
25 Mar 2023RentedNew contract
AED 92,200/yr12 months · AED 69 per sqft
25 Mar 2022RentedNew contract
AED 82,000/yr12 months · AED 61 per sqft
14 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
10 Nov 2020RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
10 Nov 2019RentedRenewal
AED 82,000/yr12 months · AED 61 per sqft
10 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
12 Aug 2018SoldReady
AED 1,350,000AED 1,014 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
30th of 83
Parking
B3-42
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.9M · October 2024

About 3008, Elite Residence

3008 is a two-bedroom apartment of 1,331 sqft on the 30th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 October 2024 for AED 1,900,000, or AED 1,427 per sqft, in line with the AED 1,428 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 March 2023, is AED 92,200 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 3008 over time

Sales
Unit 3008, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, August 2009: AED 2,294,325 (AED 1,724 per sqft)Sold, December 2012: AED 2,294,325 (AED 1,724 per sqft)Sold, August 2018: AED 1,350,000 (AED 1,014 per sqft)Sold, October 2024: AED 1,900,000 (AED 1,427 per sqft)

3008 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3008, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, September 2013: AED 110,000 a yearNew contract, September 2014: AED 130,000 a yearRenewal, September 2015: AED 143,000 a yearRenewal, September 2016: AED 150,000 a yearNew contract, November 2017: AED 105,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 82,000 a yearRenewal, November 2020: AED 70,000 a yearNew contract, June 2021: AED 70,000 a yearNew contract, March 2022: AED 82,000 a yearNew contract, March 2023: AED 92,200 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Residence, and where 3008 sits

All 208 2-beds →

3008 last sold in October 2024 at AED 1,427 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,428). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 3008's AED 92,200 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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 30th floor

All 697 units in Elite Residence
Value
30011-bedAED 1.25M · Dec 2017
30022-bedAED 2.65M · Mar 2015
30031-bedAED 790K · Oct 2017
30041-bedAED 1.55M · Aug 2015
30052-bedAED 1.83M · Nov 2025
30061-bedAED 1.32M · Dec 2012
30071-bedAED 1.32M · Dec 2012
1–7 of 11

3008, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 2,294,325, last on 25 October 2024 for AED 1,900,000 (AED 1,427 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 92,200 by March 2023.
  • At AED 92,200 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 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 25 October 2024.

Questions about 3008, Elite Residence

What did unit 3008 last sell for?

AED 1,900,000 on 25 October 2024: AED 1,427 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 2,294,325 in August 2009.

What is the rent for unit 3008?

AED 92,200 a year on the contract signed on 25 March 2023. The previous contract, from March 2022, was AED 82,000; the unit has been rented since September 2013.

How big is unit 3008?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 30th floor of a 83-storey tower completed in 2012.

What is unit 3008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.

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Mortgage on 3008, Elite Residence

Starts from the last sale price (AED 1.9M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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