707, Elite Residence
Sold prices and rental history: sold 4 times, last in March 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Elite Residence
What is 707 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 7th of 83
- Parking
- B4-47
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 750K · March 2020
- Building
- Elite Residence
About 707, Elite Residence
707 is a one-bedroom apartment of 960 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 18 March 2020 for AED 750,000, or AED 781 per sqft, 18% below the AED 947 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 September 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 12,600 a year.
Sales and rents for 707 over time
707 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 707 sits
All 416 1-beds →707 last sold in March 2020 at AED 781 per sqft, 18% below what one-beds in Elite Residence were fetching at the time (AED 947). 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. 707's AED 75,000 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 | |
| 704 | 1-bed | 802 sqft | AED 1.45MAED 1,450,000 · Jul 2013July 2013 | 85,000 /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 | |
| 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 |
707, Elite Residence in numbers
- Sold 4 times: first on 9 August 2009 for AED 1,377,199, last on 18 March 2020 for AED 750,000 (AED 781 per sqft).
- Rented since April 2015 on 10 Ejari contracts, from AED 24,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2020 price is 10.0%, 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 15 September 2026.
Questions about 707, Elite Residence
What did unit 707 last sell for?
AED 750,000 on 18 March 2020: AED 781 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,377,199 in August 2009.
What is the rent for unit 707?
AED 75,000 a year on the contract signed on 15 September 2026. The previous contract, from July 2025, was AED 83,000; the unit has been rented since April 2015.
How big is unit 707?
960 sqft (89.2 sqm): a one-bedroom apartment on the 7th floor of a 83-storey tower completed in 2012.
What is unit 707 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 707, Elite Residence
Starts from the last sale price (AED 750K, 18 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →