1-bed · 960 sqftElite Residence, Dubai Marina · 38th floor · completed 2012

3801, Elite Residence

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 1.56M19 February 2013
Current rentAED 100K /yr28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, Elite Residence

What is 3801 worth today?

Last sold for AED 1,558,128 in 2013

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28 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
14 Nov 2022RentedRenewal
AED 72,000/yr12 months · AED 75 per sqft
14 Nov 2021RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
14 Nov 2020RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
14 Nov 2019RentedNew contract
AED 67,000/yr12 months · AED 70 per sqft
15 Apr 2019RentedNew contract
AED 68,000/yr12 months · AED 71 per sqft
23 Feb 2018RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
23 Feb 2017RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
38th of 83
Parking
B3-28
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.56M · February 2013

About 3801, Elite Residence

3801 is a one-bedroom apartment of 960 sqft on the 38th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 19 February 2013 for AED 1,558,128, or AED 1,622 per sqft, 18% above the AED 1,369 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 28 December 2023, is AED 100,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3801 over time

Sales
Unit 3801, 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, March 2010: AED 1,558,128 (AED 1,622 per sqft)Sold, February 2013: AED 1,558,128 (AED 1,622 per sqft)

3801 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3801, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, February 2015: AED 95,000 a yearRenewal, February 2016: AED 95,000 a yearRenewal, February 2017: AED 95,000 a yearRenewal, February 2018: AED 85,000 a yearNew contract, April 2019: AED 68,000 a yearNew contract, November 2019: AED 67,000 a yearRenewal, November 2020: AED 62,000 a yearRenewal, November 2021: AED 62,000 a yearRenewal, November 2022: AED 72,000 a yearNew contract, December 2023: AED 100,000 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 3801 sits

All 416 1-beds →

3801 last sold in February 2013 at AED 1,622 per sqft, 18% above what one-beds in Elite Residence were fetching at the time (AED 1,369). 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. 3801's AED 100,000 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 38th floor

All 697 units in Elite Residence
Value
38022-bedAED 3.12M · Feb 2013
38031-bedAED 2.07M · Feb 2013
38041-bedAED 2.07M · Dec 2012
38052-bedAED 3.12M · Dec 2012
38061-bedAED 1.56M · Dec 2012
38071-bedAED 1.56M · Dec 2012
38082-bedAED 2.34M · Dec 2012
1–7 of 11

3801, Elite Residence in numbers

  • Sold twice: first on 15 March 2010 for AED 1,558,128, last on 19 February 2013 for AED 1,558,128 (AED 1,622 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2021 and recovered to AED 100,000 by December 2023.
  • At AED 100,000 a year the gross yield on the 2013 price is 6.4%, 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 28 December 2023.

Questions about 3801, Elite Residence

What did unit 3801 last sell for?

AED 1,558,128 on 19 February 2013: AED 1,622 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,558,128 in March 2010.

What is the rent for unit 3801?

AED 100,000 a year on the contract signed on 28 December 2023. The previous contract, from November 2022, was AED 72,000; the unit has been rented since February 2015.

How big is unit 3801?

960 sqft (89.2 sqm): a one-bedroom apartment on the 38th floor of a 83-storey tower completed in 2012.

What is unit 3801 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 3801, Elite Residence

Starts from the last sale price (AED 1.56M, 19 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,558,128
Deposit, UAE resident (20%)
AED 311,626
Deposit, non-resident (40%)
AED 623,251
Monthly over 25 years at 3.7%
AED 6,375

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