4-bed · 3,211 sqftElite Residence, Dubai Marina · 63rd floor · completed 2012

6302, Elite Residence

Sold prices and rental history: sold twice, last in April 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6302 · DLD and Ejari recordsUpdated 20 November 2020
Last soldAED 3.36M29 April 2013
Current rentAED 180K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6302, Elite Residence

What is 6302 worth today?

Last sold for AED 3,356,028 in 2013

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20 Nov 2020RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
29 Apr 2013SoldReady
AED 3,356,028AED 1,045 per sqft
10 Aug 2009Sold by developerOff-plan
AED 6,712,056AED 2,090 per sqft

Source: Dubai Land Department. Updated 20 November 2020.

Key facts

Type
4-bed apartment
Size
3,211 sqft
Floor
63rd of 83
Parking
B1-54,B1-56
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,100 /yr
Last sold
AED 3.36M · April 2013

About 6302, Elite Residence

6302 is a four-bedroom apartment of 3,211 sqft on the 63rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 April 2013 for AED 3,356,028, or AED 1,045 per sqft, 22% below the AED 1,332 four-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 November 2020, is AED 180,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 42,100 a year.

Sales and rents for 6302 over time

Sales
Unit 6302, each saleTypical four-bed in Elite Residence
5M2009201420192024Typical sale price by year: 2009 AED 7,508,006; 2010 AED 6,334,496; 2012 AED 4,896,891; 2013 AED 4,766,545; 2014 AED 6,053,984; 2015 AED 2,025,000; 2021 AED 3,185,000; 2022 AED 8,750,000; 2023 AED 3,900,000; 2024 AED 4,023,929; 2025 AED 3,750,000Sold by developer, August 2009: AED 6,712,056 (AED 2,090 per sqft)Sold, April 2013: AED 3,356,028 (AED 1,045 per sqft)

6302 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6302, each contractTypical four-bed in Elite Residence
200K300K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 245,000; 2015 AED 255,000; 2016 AED 270,000; 2017 AED 225,000; 2018 AED 213,850; 2019 AED 200,000; 2020 AED 185,000; 2021 AED 190,000; 2022 AED 192,500; 2023 AED 205,700; 2024 AED 247,000; 2025 AED 280,000; 2026 AED 300,000New contract, October 2019: AED 200,000 a yearNew contract, November 2020: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Elite Residence, and where 6302 sits

All 50 4-beds →

6302 last sold in April 2013 at AED 1,045 per sqft, 22% below what four-beds in Elite Residence were fetching at the time (AED 1,332). Over the last 12 months four-beds sold for AED 3,600,000 to 3,875,000, around AED 1,150 per sqft, and rent for AED 92,000 to 950,000 a year. 6302's AED 180,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
12 Mar 20263,875,000
18 Dec 20253,600,000
18 Dec 20253,600,000
28 Nov 20253,700,000
4 4-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 63rd floor

All 697 units in Elite Residence
Value
63014-bedAED 3.36M · Dec 2012
63034-bedAED 3.75M · Sep 2025
63044-bedAED 3.73M · Dec 2024

6302, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 6,712,056, last on 29 April 2013 for AED 3,356,028 (AED 1,045 per sqft).
  • Rented since October 2019 on 2 Ejari contracts, from AED 200,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 42,100 a year (AED 13.10 per sqft).
  • Four-beds in Elite Residence sold for AED 3,600,000–3,875,000 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 20 November 2020.

Questions about 6302, Elite Residence

What did unit 6302 last sell for?

AED 3,356,028 on 29 April 2013: AED 1,045 per sqft for 3,211 sqft. The unit has 2 registered sales; the first was AED 6,712,056 in August 2009.

What is the rent for unit 6302?

AED 180,000 a year on the contract signed on 20 November 2020. The previous contract, from October 2019, was AED 200,000.

How big is unit 6302?

3,211 sqft (298.3 sqm): a four-bedroom apartment on the 63rd floor of a 83-storey tower completed in 2012.

What is unit 6302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Residence sold for AED 3,600,000 to 3,875,000 in the last 12 months, around AED 1,150 per sqft.

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Mortgage on 6302, Elite Residence

Starts from the last sale price (AED 3.36M, 29 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,356,028
Deposit, UAE resident (20%)
AED 671,206
Deposit, non-resident (40%)
AED 1,342,411
Monthly over 25 years at 3.7%
AED 13,731

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