3011, Elite Residence
Sold prices and rental history: sold 5 times, last in August 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3011, Elite Residence
What is 3011 worth today?
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Source: Dubai Land Department. Updated 24 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 30th of 83
- Parking
- B3-77
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1M · August 2020
- Building
- Elite Residence
About 3011, Elite Residence
3011 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 24 August 2020 for AED 1,000,000, or AED 751 per sqft, in line with the AED 752 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 5 February 2019, is AED 90,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 17,400 a year.
Sales and rents for 3011 over time
3011 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 3011 sits
All 208 2-beds →3011 last sold in August 2020 at AED 751 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 752). 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. 3011's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
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 30th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1-bed | 960 sqft | AED 1.25MAED 1,250,000 · Dec 2017December 2017 | 88,000 /yr | |
| 3002 | 2-bed | 1,331 sqft | AED 2.65MAED 2,650,000 · Mar 2015March 2015 | 146,250 /yr | |
| 3003 | 1-bed | 801 sqft | AED 790KAED 790,000 · Oct 2017October 2017 | 90,000 /yr | |
| 3004 | 1-bed | 802 sqft | AED 1.55MAED 1,550,000 · Aug 2015August 2015 | 85,000 /yr | |
| 3005 | 2-bed | 1,330 sqft | AED 1.83MAED 1,834,000 · Nov 2025November 2025 | 150,000 /yr | |
| 3006 | 1-bed | 960 sqft | AED 1.32MAED 1,320,987 · Dec 2012December 2012 | ||
| 3007 | 1-bed | 959 sqft | AED 1.32MAED 1,320,987 · Dec 2012December 2012 | ||
| 3008 | 2-bed | 1,331 sqft | AED 1.9MAED 1,900,000 · Oct 2024October 2024 | 92,200 /yr | |
| 3009 | 1-bed | 737 sqft | AED 1.23MAED 1,230,917 · Dec 2012December 2012 | 71,000 /yr | |
| 3010 | 1-bed | 737 sqft | AED 1.23MAED 1,225,000 · Dec 2025December 2025 | 86,100 /yr | |
| 3012 | 1-bed | 960 sqft | AED 1.32MAED 1,320,000 · Aug 2017August 2017 | 36,725 /yr |
3011, Elite Residence in numbers
- Sold 5 times: first on 9 August 2009 for AED 2,081,020, last on 24 August 2020 for AED 1,000,000 (AED 751 per sqft).
- Rented since September 2013 on 5 Ejari contracts, from AED 105,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 9.0%, 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 24 August 2020.
Questions about 3011, Elite Residence
What did unit 3011 last sell for?
AED 1,000,000 on 24 August 2020: AED 751 per sqft for 1,331 sqft. The unit has 5 registered sales; the first was AED 2,081,020 in August 2009.
What is the rent for unit 3011?
AED 90,000 a year on the contract signed on 5 February 2019. The previous contract, from September 2016, was AED 125,000; the unit has been rented since September 2013.
How big is unit 3011?
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 3011 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 3011, Elite Residence
Starts from the last sale price (AED 1M, 24 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →