2-bed · 1,331 sqftElite Residence, Dubai Marina · 33rd floor · completed 2012

3308, Elite Residence

Sold prices and rental history: sold twice, last in November 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3308 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.3M13 November 2018
Current rentAED 120K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3308, Elite Residence

What is 3308 worth today?

Last sold for AED 1,300,000 in 2018

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1 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
1 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
22 Jun 2023RentedNew contract
AED 135,000/yr13 months · AED 101 per sqft
13 Nov 2018SoldReady
AED 1,300,000AED 977 per sqft
26 Aug 2009Sold by developerOff-plan
AED 2,032,906AED 1,527 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
33rd of 83
Parking
P3-75
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.3M · November 2018

About 3308, Elite Residence

3308 is a two-bedroom apartment of 1,331 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 13 November 2018 for AED 1,300,000, or AED 977 per sqft, 8% below the AED 1,061 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 October 2024, is AED 120,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 17,400 a year.

Sales and rents for 3308 over time

Sales
Unit 3308, 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 2,032,906 (AED 1,527 per sqft)Sold, November 2018: AED 1,300,000 (AED 977 per sqft)

3308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3308, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical 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, June 2023: AED 135,000 a yearNew contract, October 2024: AED 120,000 a yearNew contract, October 2024: AED 120,000 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 3308 sits

All 208 2-beds →

3308 last sold in November 2018 at AED 977 per sqft, 8% below what two-beds in Elite Residence were fetching at the time (AED 1,061). 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. 3308's AED 120,000 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 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
33071-bedAED 677K · Dec 2012
1–7 of 11

3308, Elite Residence in numbers

  • Sold twice: first on 26 August 2009 for AED 2,032,906, last on 13 November 2018 for AED 1,300,000 (AED 977 per sqft).
  • Rented since June 2023 on 3 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 9.2%, 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 1 October 2024.

Questions about 3308, Elite Residence

What did unit 3308 last sell for?

AED 1,300,000 on 13 November 2018: AED 977 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,032,906 in August 2009.

What is the rent for unit 3308?

AED 120,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2024, was AED 120,000; the unit has been rented since June 2023.

How big is unit 3308?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 33rd floor of a 83-storey tower completed in 2012.

What is unit 3308 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 3308, Elite Residence

Starts from the last sale price (AED 1.3M, 13 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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