3811, Elite Residence
Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3811, Elite Residence
What is 3811 worth today?
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Source: Dubai Land Department. Updated 15 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 38th of 83
- Parking
- P2-39
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.34M · February 2013
- Building
- Elite Residence
About 3811, Elite Residence
3811 is a two-bedroom apartment of 1,331 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 2,337,716, or AED 1,756 per sqft, 31% above the AED 1,345 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 100,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 17,400 a year.
Sales and rents for 3811 over time
3811 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Residence, and where 3811 sits
All 208 2-beds →3811 last sold in February 2013 at AED 1,756 per sqft, 31% above what two-beds in Elite Residence were fetching at the time (AED 1,345). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 3811's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
Elite Residence
Building697 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%
Other units on the 38th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3801 | 1-bed | 960 sqft | AED 1.56MAED 1,558,128 · Feb 2013February 2013 | 100,000 /yr | |
| 3802 | 2-bed | 1,331 sqft | AED 3.12MAED 3,116,955 · Feb 2013February 2013 | 95,000 /yr | |
| 3803 | 1-bed | 801 sqft | AED 2.07MAED 2,073,754 · Feb 2013February 2013 | 82,121 /yr | |
| 3804 | 1-bed | 802 sqft | AED 2.07MAED 2,073,754 · Dec 2012December 2012 | 104,000 /yr | |
| 3805 | 2-bed | 1,330 sqft | AED 3.12MAED 3,116,955 · Dec 2012December 2012 | 100,000 /yr | |
| 3806 | 1-bed | 960 sqft | AED 1.56MAED 1,558,128 · Dec 2012December 2012 | 66,000 /yr | |
| 3807 | 1-bed | 959 sqft | AED 1.56MAED 1,558,128 · Dec 2012December 2012 | 92,000 /yr | |
| 3808 | 2-bed | 1,331 sqft | AED 2.34MAED 2,337,716 · Dec 2012December 2012 | 125,000 /yr | |
| 3809 | 1-bed | 737 sqft | AED 1.38MAED 1,382,752 · Dec 2012December 2012 | 70,000 /yr | |
| 3810 | 1-bed | 737 sqft | AED 1.38MAED 1,382,752 · Feb 2013February 2013 | 90,000 /yr | |
| 3812 | 1-bed | 960 sqft | AED 1.56MAED 1,558,128 · Feb 2013February 2013 | 95,000 /yr |
3811, Elite Residence in numbers
- Sold twice: first on 15 March 2010 for AED 2,337,716, last on 19 February 2013 for AED 2,337,716 (AED 1,756 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2020 and recovered to AED 100,000 by December 2023.
- At AED 100,000 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 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 15 December 2023.
Questions about 3811, Elite Residence
What did unit 3811 last sell for?
AED 2,337,716 on 19 February 2013: AED 1,756 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,337,716 in March 2010.
What is the rent for unit 3811?
AED 100,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2023, was AED 100,000; the unit has been rented since November 2013.
How big is unit 3811?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 38th floor of a 83-storey tower completed in 2012.
What is unit 3811 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.
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Mortgage on 3811, Elite Residence
Starts from the last sale price (AED 2.34M, 19 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,337,716
- Deposit, UAE resident (20%)
- AED 467,543
- Deposit, non-resident (40%)
- AED 935,086
- Monthly over 25 years at 3.7%
- AED 9,564
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →