1-bed · 960 sqftElite Residence, Dubai Marina · 34th floor · completed 2012

3406, Elite Residence

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 700K5 July 2021
Current rentAED 120K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Elite Residence

What is 3406 worth today?

Last sold for AED 700,000 in 2021

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15 Oct 2026RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
24 Jul 2025RentedRenewal
AED 79,695/yr12 months · AED 83 per sqft
24 Jul 2024RentedRenewal
AED 79,695/yr12 months · AED 83 per sqft
24 Jul 2023RentedRenewal
AED 69,300/yr12 months · AED 72 per sqft
24 Jul 2022RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
5 Jul 2021SoldReady
AED 700,000AED 728 per sqft
24 Jul 2019RentedNew contract
AED 68,000/yr12 months · AED 71 per sqft
27 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
34th of 83
Parking
P3-27
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 700K · July 2021

About 3406, Elite Residence

3406 is a one-bedroom apartment of 960 sqft on the 34th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 5 July 2021 for AED 700,000, or AED 728 per sqft, 16% below the AED 871 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 15 October 2026, is AED 120,000 a year: a gross yield of 17.1% on the 2021 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3406 over time

Sales
Unit 3406, 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 2,148,515 (AED 2,237 per sqft)Sold, December 2012: AED 2,148,515 (AED 2,237 per sqft)Sold, April 2016: AED 1,413,072 (AED 1,471 per sqft)Sold, July 2021: AED 700,000 (AED 728 per sqft)

3406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3406, 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, April 2018: AED 95,000 a yearNew contract, July 2019: AED 68,000 a yearNew contract, July 2022: AED 66,000 a yearRenewal, July 2023: AED 69,300 a yearRenewal, July 2024: AED 79,695 a yearRenewal, July 2025: AED 79,695 a yearNew contract, October 2026: AED 120,000 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 3406 sits

All 416 1-beds →

3406 last sold in July 2021 at AED 728 per sqft, 16% below what one-beds in Elite Residence were fetching at the time (AED 871). 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. 3406's AED 120,000 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 34th floor

All 697 units in Elite Residence
Value
34011-bedAED 1.2M · Feb 2023
34022-bedAED 600K · Jul 2021
34031-bedAED 1.88M · Apr 2016
34041-bedAED 1.5M · Jul 2023
34052-bedAED 1.45M · Jul 2021
34071-bedAED 1.41M · Apr 2016
34082-bedAED 1M · Jul 2021
1–7 of 11

3406, Elite Residence in numbers

  • Sold 4 times: first on 5 August 2009 for AED 2,148,515, last on 5 July 2021 for AED 700,000 (AED 728 per sqft).
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 66,000 in 2022 and recovered to AED 120,000 by October 2026.
  • At AED 120,000 a year the gross yield on the 2021 price is 17.1%, 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 15 October 2026.

Questions about 3406, Elite Residence

What did unit 3406 last sell for?

AED 700,000 on 5 July 2021: AED 728 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 2,148,515 in August 2009.

What is the rent for unit 3406?

AED 120,000 a year on the contract signed on 15 October 2026. The previous contract, from July 2025, was AED 79,695; the unit has been rented since April 2018.

How big is unit 3406?

960 sqft (89.2 sqm): a one-bedroom apartment on the 34th floor of a 83-storey tower completed in 2012.

What is unit 3406 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 3406, Elite Residence

Starts from the last sale price (AED 700K, 5 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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