1-bed · 959 sqftElite Residence, Dubai Marina · 37th floor · completed 2012

3707, Elite Residence

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

Unit 3707 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 671K13 January 2013
Current rentAED 88K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3707, Elite Residence

What is 3707 worth today?

Last sold for AED 671,424 in 2013

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25 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 92 per sqft
25 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 92 per sqft
25 Oct 2023RentedRenewal
AED 77,000/yr12 months · AED 80 per sqft
25 Oct 2023RentedRenewal
AED 77,000/yr12 months · AED 80 per sqft
25 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 73 per sqft
25 Oct 2021RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
25 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
15 Oct 2018RentedNew contract
AED 110,000/yr6 months · AED 115 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
37th of 83
Parking
B3-84
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 671K · January 2013

About 3707, Elite Residence

3707 is a one-bedroom apartment of 959 sqft on the 37th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 13 January 2013 for AED 671,424, or AED 699 per sqft, 49% below the AED 1,365 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 88,000 a year: a gross yield of 13.1% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3707 over time

Sales
Unit 3707, 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 1,342,847 (AED 1,399 per sqft)Sold, January 2013: AED 671,424 (AED 699 per sqft)

3707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3707, 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 2013: AED 85,000 a yearNew contract, April 2015: AED 115,000 a yearNew contract, October 2015: AED 115,000 a yearRenewal, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, April 2019: AED 70,000 a yearNew contract, October 2021: AED 63,000 a yearRenewal, October 2022: AED 70,000 a yearRenewal, October 2023: AED 77,000 a yearRenewal, October 2023: AED 77,000 a yearRenewal, October 2024: AED 88,000 a yearRenewal, October 2024: AED 88,000 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 3707 sits

All 416 1-beds →

3707 last sold in January 2013 at AED 699 per sqft, 49% below what one-beds in Elite Residence were fetching at the time (AED 1,365). 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. 3707's AED 88,000 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 37th floor

All 697 units in Elite Residence
Value
37011-bedAED 1.35M · Mar 2025
37022-bedAED 2.05M · Feb 2013
37031-bedAED 1.7M · Oct 2014
37041-bedAED 1.35M · Jan 2013
37052-bedAED 2.05M · Jun 2013
37061-bedAED 671K · Dec 2012
37082-bedAED 1.01M · Apr 2017
1–7 of 11

3707, Elite Residence in numbers

  • Sold twice: first on 26 August 2009 for AED 1,342,847, last on 13 January 2013 for AED 671,424 (AED 699 per sqft).
  • Rented since April 2013 on 13 Ejari contracts. The rent fell from AED 85,000 to AED 63,000 in 2021 and recovered to AED 88,000 by October 2024.
  • At AED 88,000 a year the gross yield on the 2013 price is 13.1%, 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 25 October 2024.

Questions about 3707, Elite Residence

What did unit 3707 last sell for?

AED 671,424 on 13 January 2013: AED 699 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,342,847 in August 2009.

What is the rent for unit 3707?

AED 88,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2024, was AED 88,000; the unit has been rented since April 2013.

How big is unit 3707?

959 sqft (89.1 sqm): a one-bedroom apartment on the 37th floor of a 83-storey tower completed in 2012.

What is unit 3707 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 3707, Elite Residence

Starts from the last sale price (AED 671K, 13 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 671,424
Deposit, UAE resident (20%)
AED 134,285
Deposit, non-resident (40%)
AED 268,570
Monthly over 25 years at 3.7%
AED 2,747

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