1-bed · 801 sqftElite Residence, Dubai Marina · 38th floor · completed 2012

3803, Elite Residence

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 2.07M19 February 2013
Current rentAED 82K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, Elite Residence

What is 3803 worth today?

Last sold for AED 2,073,754 in 2013

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1 Dec 2023RentedRenewal
AED 82,121/yr6 months · AED 103 per sqft
1 Dec 2022RentedRenewal
AED 72,000/yr12 months · AED 90 per sqft
1 Dec 2021RentedRenewal
AED 62,000/yr12 months · AED 78 per sqft
1 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
30 Jun 2019RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
20 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
5 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 132 per sqft
23 Feb 2014RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
38th of 83
Parking
B2-62
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 2.07M · February 2013

About 3803, Elite Residence

3803 is a one-bedroom apartment of 801 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 2,073,754, or AED 2,587 per sqft, 89% above the AED 1,369 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 82,121 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 3803 over time

Sales
Unit 3803, 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 2,073,754 (AED 2,587 per sqft)Sold, February 2013: AED 2,073,754 (AED 2,587 per sqft)

3803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3803, 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 2014: AED 110,000 a yearNew contract, March 2017: AED 105,000 a yearNew contract, March 2019: AED 80,000 a yearNew contract, June 2019: AED 78,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 62,000 a yearRenewal, December 2022: AED 72,000 a yearRenewal, December 2023: AED 82,121 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 3803 sits

All 416 1-beds →

3803 last sold in February 2013 at AED 2,587 per sqft, 89% 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. 3803's AED 82,121 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 38th floor

All 697 units in Elite Residence
Value
38011-bedAED 1.56M · Feb 2013
38022-bedAED 3.12M · 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

3803, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 2,073,754, last on 19 February 2013 for AED 2,073,754 (AED 2,587 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2020 and recovered to AED 82,121 by December 2023.
  • At AED 82,121 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 10,500 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 1 December 2023.

Questions about 3803, Elite Residence

What did unit 3803 last sell for?

AED 2,073,754 on 19 February 2013: AED 2,587 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 2,073,754 in August 2009.

What is the rent for unit 3803?

AED 82,121 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 72,000; the unit has been rented since February 2014.

How big is unit 3803?

801 sqft (74.4 sqm): a one-bedroom apartment on the 38th floor of a 83-storey tower completed in 2012.

What is unit 3803 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 3803, Elite Residence

Starts from the last sale price (AED 2.07M, 19 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,073,754
Deposit, UAE resident (20%)
AED 414,751
Deposit, non-resident (40%)
AED 829,502
Monthly over 25 years at 3.7%
AED 8,484

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