1-bed · 802 sqftElite Residence, Dubai Marina · 38th floor · completed 2012

3804, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3804 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 2.07M20 December 2012
Current rentAED 104K /yr18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3804, Elite Residence

What is 3804 worth today?

Last sold for AED 2,073,754 in 2012

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18 Sep 2023RentedNew contract
AED 104,000/yr12 months · AED 129 per sqft
5 May 2022RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
5 May 2021RentedNew contract
AED 67,000/yr12 months · AED 83 per sqft
1 Mar 2019RentedRenewal
AED 85,000/yr12 months · AED 105 per sqft
1 Mar 2018RentedRenewal
AED 95,000/yr12 months · AED 118 per sqft
1 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 130 per sqft
23 Feb 2016RentedRenewal
AED 110,000/yr12 months · AED 136 per sqft
23 Feb 2015RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
38th of 83
Parking
B3-13
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 2.07M · December 2012

About 3804, Elite Residence

3804 is a one-bedroom apartment of 802 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 20 December 2012 for AED 2,073,754, or AED 2,585 per sqft, 104% above the AED 1,270 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 18 September 2023, is AED 104,000 a year: a gross yield of 5.0% on the 2012 price, before the service charge of about AED 10,500 a year.

Sales and rents for 3804 over time

Sales
Unit 3804, 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 2,585 per sqft)Sold, December 2012: AED 2,073,754 (AED 2,585 per sqft)

3804 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3804, 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, February 2015: AED 110,000 a yearRenewal, February 2016: AED 110,000 a yearNew contract, March 2017: AED 105,000 a yearRenewal, March 2018: AED 95,000 a yearRenewal, March 2019: AED 85,000 a yearNew contract, May 2021: AED 67,000 a yearRenewal, May 2022: AED 70,000 a yearNew contract, September 2023: AED 104,000 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 3804 sits

All 416 1-beds →

3804 last sold in December 2012 at AED 2,585 per sqft, 104% above what one-beds in Elite Residence were fetching at the time (AED 1,270). 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. 3804's AED 104,000 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
38011-bedAED 1.56M · Feb 2013
38022-bedAED 3.12M · Feb 2013
38031-bedAED 2.07M · Feb 2013
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

3804, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 2,073,754, last on 20 December 2012 for AED 2,073,754 (AED 2,585 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 67,000 in 2021 and recovered to AED 104,000 by September 2023.
  • At AED 104,000 a year the gross yield on the 2012 price is 5.0%, 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 18 September 2023.

Questions about 3804, Elite Residence

What did unit 3804 last sell for?

AED 2,073,754 on 20 December 2012: AED 2,585 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 2,073,754 in August 2009.

What is the rent for unit 3804?

AED 104,000 a year on the contract signed on 18 September 2023. The previous contract, from May 2022, was AED 70,000; the unit has been rented since February 2014.

How big is unit 3804?

802 sqft (74.5 sqm): a one-bedroom apartment on the 38th floor of a 83-storey tower completed in 2012.

What is unit 3804 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 3804, Elite Residence

Starts from the last sale price (AED 2.07M, 20 December 2012). 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 →