1-bed · 802 sqftElite Residence, Dubai Marina · 33rd floor · completed 2012

3304, Elite Residence

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

Unit 3304 · DLD and Ejari recordsUpdated 25 October 2020
Last soldAED 1.8M26 September 2013
Current rentAED 45K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3304, Elite Residence

What is 3304 worth today?

Last sold for AED 1,803,361 in 2013

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25 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
18 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
5 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft
15 Oct 2013RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
26 Sep 2013SoldReady
AED 1,803,361AED 2,248 per sqft
13 Aug 2009Sold by developerOff-plan
AED 1,803,361AED 2,248 per sqft

Source: Dubai Land Department. Updated 25 October 2020.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
33rd of 83
Parking
B3-29
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.8M · September 2013

About 3304, Elite Residence

3304 is a one-bedroom apartment of 802 sqft on the 33rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 September 2013 for AED 1,803,361, or AED 2,248 per sqft, 61% above the AED 1,393 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 October 2020, is AED 45,000 a year: a gross yield of 2.5% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 3304 over time

Sales
Unit 3304, 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 1,803,361 (AED 2,248 per sqft)Sold, September 2013: AED 1,803,361 (AED 2,248 per sqft)

3304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3304, each contractTypical one-bed in Elite Residence
50K100K2012201620202024Typical 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, October 2013: AED 95,000 a yearNew contract, November 2015: AED 110,000 a yearNew contract, July 2018: AED 85,000 a yearNew contract, October 2020: AED 45,000 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 3304 sits

All 416 1-beds →

3304 last sold in September 2013 at AED 2,248 per sqft, 61% above what one-beds in Elite Residence were fetching at the time (AED 1,393). 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. 3304's AED 45,000 is in the lower 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 33rd floor

All 697 units in Elite Residence
Value
33011-bedAED 1.29M · Nov 2025
33022-bedAED 4.37M · Jul 2009
33031-bedAED 1M · Apr 2023
33052-bedAED 1.7M · Dec 2012
33061-bedAED 1.43M · Sep 2024
33071-bedAED 677K · Dec 2012
33082-bedAED 1.3M · Nov 2018
1–7 of 11

3304, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 1,803,361, last on 26 September 2013 for AED 1,803,361 (AED 2,248 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 95,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2013 price is 2.5%, 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 25 October 2020.

Questions about 3304, Elite Residence

What did unit 3304 last sell for?

AED 1,803,361 on 26 September 2013: AED 2,248 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 1,803,361 in August 2009.

What is the rent for unit 3304?

AED 45,000 a year on the contract signed on 25 October 2020. The previous contract, from July 2018, was AED 85,000; the unit has been rented since October 2013.

How big is unit 3304?

802 sqft (74.5 sqm): a one-bedroom apartment on the 33rd floor of a 83-storey tower completed in 2012.

What is unit 3304 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 3304, Elite Residence

Starts from the last sale price (AED 1.8M, 26 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,803,361
Deposit, UAE resident (20%)
AED 360,672
Deposit, non-resident (40%)
AED 721,344
Monthly over 25 years at 3.7%
AED 7,378

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