1-bed · 959 sqftElite Residence, Dubai Marina · 33rd floor · completed 2012

3307, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3307 · DLD and Ejari recordsUpdated 18 February 2020
Last soldAED 677K26 December 2012
Current rentAED 65K /yr18 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3307, Elite Residence

What is 3307 worth today?

Last sold for AED 677,483 in 2012

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18 Feb 2020RentedRenewal
AED 65,000/yr12 months · AED 68 per sqft
18 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
26 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
11 Aug 2016RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
19 Jun 2015RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
19 Jun 2014RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
1 Mar 2013RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
26 Dec 2012SoldReady
AED 677,483AED 706 per sqft

Source: Dubai Land Department. Updated 18 February 2020.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
33rd of 83
Parking
P3-66
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 677K · December 2012

About 3307, Elite Residence

3307 is a one-bedroom apartment of 959 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 December 2012 for AED 677,483, or AED 706 per sqft, 46% below the AED 1,315 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 18 February 2020, is AED 65,000 a year: a gross yield of 9.6% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3307 over time

Sales
Unit 3307, 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 1,354,967 (AED 1,412 per sqft)Sold, December 2012: AED 677,483 (AED 706 per sqft)

3307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3307, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, March 2013: AED 75,000 a yearNew contract, June 2014: AED 95,000 a yearNew contract, June 2015: AED 95,000 a yearNew contract, August 2016: AED 90,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, February 2019: AED 65,000 a yearRenewal, February 2020: AED 65,000 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 3307 sits

All 416 1-beds →

3307 last sold in December 2012 at AED 706 per sqft, 46% below what one-beds in Elite Residence were fetching at the time (AED 1,315). 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. 3307's AED 65,000 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
33041-bedAED 1.8M · Sep 2013
33052-bedAED 1.7M · Dec 2012
33061-bedAED 1.43M · Sep 2024
33082-bedAED 1.3M · Nov 2018
1–7 of 11

3307, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 1,354,967, last on 26 December 2012 for AED 677,483 (AED 706 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 75,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2012 price is 9.6%, 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 18 February 2020.

Questions about 3307, Elite Residence

What did unit 3307 last sell for?

AED 677,483 on 26 December 2012: AED 706 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,354,967 in August 2009.

What is the rent for unit 3307?

AED 65,000 a year on the contract renewed on 18 February 2020. The previous contract, from February 2019, was AED 65,000; the unit has been rented since March 2013.

How big is unit 3307?

959 sqft (89.1 sqm): a one-bedroom apartment on the 33rd floor of a 83-storey tower completed in 2012.

What is unit 3307 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 3307, Elite Residence

Starts from the last sale price (AED 677K, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 677,483
Deposit, UAE resident (20%)
AED 135,497
Deposit, non-resident (40%)
AED 270,993
Monthly over 25 years at 3.7%
AED 2,772

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