704, Elite Residence
Sold prices and rental history: sold 4 times, last in July 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 704, Elite Residence
What is 704 worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 7th of 83
- Parking
- B4-34
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.45M · July 2013
- Building
- Elite Residence
About 704, Elite Residence
704 is a one-bedroom apartment of 802 sqft on the 7th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 1 July 2013 for AED 1,450,000, or AED 1,808 per sqft, 31% above the AED 1,376 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 20 October 2025, is AED 85,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 10,500 a year.
Sales and rents for 704 over time
704 has sold 4 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 704 sits
All 416 1-beds →704 last sold in July 2013 at AED 1,808 per sqft, 31% above what one-beds in Elite Residence were fetching at the time (AED 1,376). 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. 704's AED 85,000 is in the lower 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 7th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 960 sqft | AED 1.25MAED 1,249,160 · Dec 2012December 2012 | 92,500 /yr | |
| 702 | 2-bed | 1,329 sqft | AED 1.65MAED 1,650,000 · Feb 2025February 2025 | 131,250 /yr | |
| 703 | 1-bed | 801 sqft | AED 1.21MAED 1,210,000 · Nov 2022November 2022 | 70,000 /yr | |
| 705 | 2-bed | 1,329 sqft | AED 2MAED 2,000,000 · Feb 2017February 2017 | 109,392 /yr | |
| 706 | 1-bed | 960 sqft | AED 656KAED 655,809 · May 2013May 2013 | 70,000 /yr | |
| 707 | 1-bed | 960 sqft | AED 750KAED 750,000 · Mar 2020March 2020 | 75,000 /yr | |
| 708 | 2-bed | 1,329 sqft | AED 1.02MAED 1,020,000 · Jul 2021July 2021 | 100,000 /yr | |
| 709 | 1-bed | 737 sqft | AED 554KAED 554,280 · Dec 2012December 2012 | 80,000 /yr | |
| 710 | 1-bed | 737 sqft | AED 1.28MAED 1,277,000 · Apr 2026April 2026 | 75,000 /yr | |
| 711 | 2-bed | 1,329 sqft | AED 1.53MAED 1,530,000 · Nov 2016November 2016 | 100,000 /yr | |
| 712 | 1-bed | 960 sqft | AED 1MAED 1,000,000 · May 2018May 2018 | 85,000 /yr |
704, Elite Residence in numbers
- Sold 4 times: first on 30 July 2009 for AED 1,662,540, last on 1 July 2013 for AED 1,450,000 (AED 1,808 per sqft).
- Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2021 and recovered to AED 85,000 by October 2025.
- At AED 85,000 a year the gross yield on the 2013 price is 5.9%, 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 20 October 2025.
Questions about 704, Elite Residence
What did unit 704 last sell for?
AED 1,450,000 on 1 July 2013: AED 1,808 per sqft for 802 sqft. The unit has 4 registered sales; the first was AED 1,662,540 in July 2009.
What is the rent for unit 704?
AED 85,000 a year on the contract signed on 20 October 2025. The previous contract, from September 2024, was AED 82,500; the unit has been rented since August 2013.
How big is unit 704?
802 sqft (74.5 sqm): a one-bedroom apartment on the 7th floor of a 83-storey tower completed in 2012.
What is unit 704 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 704, Elite Residence
Starts from the last sale price (AED 1.45M, 1 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →