4703, Elite Residence
Sold prices and rental history: sold 5 times, last in February 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4703, Elite Residence
What is 4703 worth today?
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Source: Dubai Land Department. Updated 30 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 47th of 83
- Parking
- P2-21
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 490K · February 2022
- Building
- Elite Residence
About 4703, Elite Residence
4703 is a one-bedroom apartment of 801 sqft on the 47th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 February 2022 for AED 490,000, or AED 611 per sqft, 32% below the AED 897 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 30 November 2023, is AED 108,000 a year: a gross yield of 22.0% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 4703 over time
4703 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 4703 sits
All 416 1-beds →4703 last sold in February 2022 at AED 611 per sqft, 32% below what one-beds in Elite Residence were fetching at the time (AED 897). 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. 4703's AED 108,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
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 47th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 1-bed | 960 sqft | AED 1.37MAED 1,374,076 · Dec 2012December 2012 | 75,000 /yr | |
| 4702 | 2-bed | 1,331 sqft | AED 2MAED 2,000,000 · Sep 2013September 2013 | 138,000 /yr | |
| 4704 | 1-bed | 802 sqft | AED 1.19MAED 1,190,000 · Sep 2021September 2021 | 110,000 /yr | |
| 4705 | 2-bed | 1,330 sqft | AED 2.75MAED 2,748,768 · Sep 2012September 2012 | 110,000 /yr | |
| 4706 | 1-bed | 960 sqft | AED 890KAED 890,000 · Jun 2022June 2022 | 95,000 /yr | |
| 4707 | 1-bed | 959 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 82,000 /yr | |
| 4708 | 2-bed | 1,331 sqft | AED 1.62MAED 1,620,000 · May 2017May 2017 | 1,200 /yr | |
| 4709 | 1-bed | 737 sqft | AED 1.22MAED 1,219,416 · Dec 2012December 2012 | 70,000 /yr | |
| 4710 | 1-bed | 368 sqft | AED 399KAED 399,457 · Nov 2022November 2022 | 66,000 /yr | |
| 4711 | 2-bed | 1,331 sqft | AED 2.27MAED 2,272,888 · Oct 2012October 2012 | 110,000 /yr | |
| 4712 | 1-bed | 960 sqft | AED 1.24MAED 1,235,000 · Oct 2024October 2024 | 120,000 /yr |
4703, Elite Residence in numbers
- Sold 5 times: first on 23 August 2009 for AED 1,645,915, last on 18 February 2022 for AED 490,000 (AED 611 per sqft).
- Rented since October 2021 on 3 Ejari contracts, from AED 70,000 to AED 108,000 a year.
- At AED 108,000 a year the gross yield on the 2022 price is 22.0%, 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 30 November 2023.
Questions about 4703, Elite Residence
What did unit 4703 last sell for?
AED 490,000 on 18 February 2022: AED 611 per sqft for 801 sqft. The unit has 5 registered sales; the first was AED 1,645,915 in August 2009.
What is the rent for unit 4703?
AED 108,000 a year on the contract signed on 30 November 2023. The previous contract, from October 2022, was AED 89,000; the unit has been rented since October 2021.
How big is unit 4703?
801 sqft (74.4 sqm): a one-bedroom apartment on the 47th floor of a 83-storey tower completed in 2012.
What is unit 4703 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 4703, Elite Residence
Starts from the last sale price (AED 490K, 18 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →