3407, Elite Residence
Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3407, Elite Residence
What is 3407 worth today?
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Source: Dubai Land Department. Updated 8 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 34th of 83
- Parking
- B3-21
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.41M · April 2016
- Building
- Elite Residence
About 3407, Elite Residence
3407 is a one-bedroom apartment of 959 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 11 April 2016 for AED 1,413,072, or AED 1,473 per sqft, 9% above the AED 1,356 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 8 August 2020, is AED 46,000 a year: a gross yield of 3.3% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 3407 over time
3407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 3407 sits
All 416 1-beds →3407 last sold in April 2016 at AED 1,473 per sqft, 9% 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. 3407's AED 46,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
Elite Residence
Building697 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%
Other units on the 34th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 1-bed | 960 sqft | AED 1.2MAED 1,200,000 · Feb 2023February 2023 | 105,000 /yr | |
| 3402 | 2-bed | 665 sqft | AED 600KAED 600,000 · Jul 2021July 2021 | ||
| 3403 | 1-bed | 801 sqft | AED 1.88MAED 1,880,695 · Apr 2016April 2016 | 69,300 /yr | |
| 3404 | 1-bed | 802 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 63,000 /yr | |
| 3405 | 2-bed | 1,330 sqft | AED 1.45MAED 1,450,000 · Jul 2021July 2021 | 115,000 /yr | |
| 3406 | 1-bed | 960 sqft | AED 700KAED 700,000 · Jul 2021July 2021 | 120,000 /yr | |
| 3408 | 2-bed | 1,331 sqft | AED 1MAED 1,000,000 · Jul 2021July 2021 | 106,480 /yr | |
| 3409 | 1-bed | 737 sqft | AED 650KAED 650,000 · Jul 2021July 2021 | 85,000 /yr | |
| 3410 | 1-bed | 737 sqft | AED 1.25MAED 1,254,022 · Apr 2016April 2016 | 41,400 /yr | |
| 3411 | 2-bed | 1,331 sqft | AED 2.1MAED 2,100,000 · Sep 2025September 2025 | 150,000 /yr | |
| 3412 | 1-bed | 960 sqft | AED 1.08MAED 1,075,000 · Nov 2022November 2022 | 75,000 /yr |
3407, Elite Residence in numbers
- Sold 3 times: first on 16 July 2009 for AED 2,148,515, last on 11 April 2016 for AED 1,413,072 (AED 1,473 per sqft).
- Rented since April 2019 on 2 Ejari contracts, from AED 63,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2016 price is 3.3%, 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 8 August 2020.
Questions about 3407, Elite Residence
What did unit 3407 last sell for?
AED 1,413,072 on 11 April 2016: AED 1,473 per sqft for 959 sqft. The unit has 3 registered sales; the first was AED 2,148,515 in July 2009.
What is the rent for unit 3407?
AED 46,000 a year on the contract signed on 8 August 2020. The previous contract, from April 2019, was AED 63,000.
How big is unit 3407?
959 sqft (89.1 sqm): a one-bedroom apartment on the 34th floor of a 83-storey tower completed in 2012.
What is unit 3407 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 3407, Elite Residence
Starts from the last sale price (AED 1.41M, 11 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,413,072
- Deposit, UAE resident (20%)
- AED 282,614
- Deposit, non-resident (40%)
- AED 565,229
- Monthly over 25 years at 3.7%
- AED 5,781
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →