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

3806, Elite Residence

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 9 June 2022
Last soldAED 1.56M11 December 2012
Current rentAED 66K /yr9 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, Elite Residence

What is 3806 worth today?

Last sold for AED 1,558,128 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jun 2022RentedRenewal
AED 66,000/yr12 months · AED 69 per sqft
9 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
3 Dec 2020RentedRenewal
AED 64,000/yr12 months · AED 67 per sqft
3 Dec 2019RentedNew contract
AED 68,000/yr12 months · AED 71 per sqft
30 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
10 Nov 2016RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
4 Feb 2013RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
11 Dec 2012Sold by developerReady
AED 1,558,128AED 1,622 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
38th of 83
Parking
B2-05
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.56M · December 2012

About 3806, Elite Residence

3806 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. The developer sold it on 11 December 2012 for AED 1,558,128, or AED 1,622 per sqft, 27% above the AED 1,274 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 9 June 2022, is AED 66,000 a year: a gross yield of 4.2% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3806 over time

Sales
Unit 3806, 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, December 2012: AED 1,558,128 (AED 1,622 per sqft)

3806 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3806, 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 2013: AED 80,000 a yearNew contract, November 2016: AED 100,000 a yearNew contract, November 2017: AED 90,000 a yearNew contract, December 2019: AED 68,000 a yearRenewal, December 2020: AED 64,000 a yearNew contract, June 2021: AED 60,000 a yearRenewal, June 2022: AED 66,000 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 3806 sits

All 416 1-beds →

3806 last sold in December 2012 at AED 1,622 per sqft, 27% above what one-beds in Elite Residence were fetching at the time (AED 1,274). 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. 3806's AED 66,000 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 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
38041-bedAED 2.07M · Dec 2012
38052-bedAED 3.12M · Dec 2012
38071-bedAED 1.56M · Dec 2012
38082-bedAED 2.34M · Dec 2012
1–7 of 11

3806, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 11 December 2012 for AED 1,558,128, or AED 1,622 per sqft.
  • Rented since February 2013 on 7 Ejari contracts, from AED 80,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2012 price is 4.2%, 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 9 June 2022.

Questions about 3806, Elite Residence

What did unit 3806 last sell for?

AED 1,558,128 on 11 December 2012, sold by the developer: AED 1,622 per sqft for 960 sqft. It is the only registered sale of the unit.

What is the rent for unit 3806?

AED 66,000 a year on the contract renewed on 9 June 2022. The previous contract, from June 2021, was AED 60,000; the unit has been rented since February 2013.

How big is unit 3806?

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

What is unit 3806 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.

Selling 3806? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3806, Elite Residence

Starts from the last sale price (AED 1.56M, 11 December 2012). 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 →