1-bed · 801 sqftElite Residence, Dubai Marina · 32nd floor · completed 2012

3203, Elite Residence

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

Unit 3203 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 2.3M31 January 2024
Current rentAED 105K /yr22 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Elite Residence

What is 3203 worth today?

Last sold for AED 2,300,000 in 2024

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31 Jan 2024SoldReady
AED 2,300,000AED 2,870 per sqft
22 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 131 per sqft
1 Oct 2022RentedRenewal
AED 57,500/yr9 months · AED 72 per sqft
6 Jun 2022SoldReady
AED 809,219AED 1,009 per sqft
1 Oct 2021RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
1 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
5 Mar 2019RentedRenewal
AED 80,000/yr12 months · AED 100 per sqft
2 Jan 2017RentedNew contract
AED 105,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
32nd of 83
Parking
P3-35
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 2.3M · January 2024

About 3203, Elite Residence

3203 is a one-bedroom apartment of 801 sqft on the 32nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 31 January 2024 for AED 2,300,000, or AED 2,870 per sqft, 112% above the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 September 2023, is AED 105,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, each saleTypical one-bed in Elite Residence
1M2M2009201420192024Typical 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 1,766,449 (AED 2,204 per sqft)Sold, December 2012: AED 1,766,449 (AED 2,204 per sqft)Sold, June 2022: AED 809,219 (AED 1,009 per sqft)Sold, January 2024: AED 2,300,000 (AED 2,870 per sqft)

3203 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3203, 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, December 2013: AED 90,000 a yearNew contract, December 2015: AED 105,000 a yearNew contract, January 2017: AED 105,000 a yearRenewal, March 2019: AED 80,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2021: AED 50,000 a yearRenewal, October 2022: AED 57,500 a yearNew contract, September 2023: AED 105,000 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 3203 sits

All 416 1-beds →

3203 last sold in January 2024 at AED 2,870 per sqft, 112% above what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 3203's AED 105,000 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 32nd floor

All 697 units in Elite Residence
Value
32011-bedAED 960K · May 2023
32022-bedAED 2.33M · Nov 2024
32041-bedAED 1.3M · May 2025
32052-bedAED 2.1M · Sep 2013
32061-bedAED 1.13M · Jul 2013
32071-bedAED 1.3M · May 2015
32082-bedAED 1.93M · Jul 2025
1–7 of 11

3203, Elite Residence in numbers

  • Sold 4 times: first on 13 August 2009 for AED 1,766,449, last on 31 January 2024 for AED 2,300,000 (AED 2,870 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 105,000 by September 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.6%, 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 31 January 2024.

Questions about 3203, Elite Residence

What did unit 3203 last sell for?

AED 2,300,000 on 31 January 2024: AED 2,870 per sqft for 801 sqft. The unit has 4 registered sales; the first was AED 1,766,449 in August 2009.

What is the rent for unit 3203?

AED 105,000 a year on the contract signed on 22 September 2023. The previous contract, from October 2022, was AED 57,500; the unit has been rented since December 2013.

How big is unit 3203?

801 sqft (74.4 sqm): a one-bedroom apartment on the 32nd floor of a 83-storey tower completed in 2012.

What is unit 3203 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 3203, Elite Residence

Starts from the last sale price (AED 2.3M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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