7103, Elite Residence
Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7103, Elite Residence
What is 7103 worth today?
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Source: Dubai Land Department. Updated 18 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 3,177 sqft
- Floor
- 71st of 83
- Parking
- B1-97,B1-98
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 2.7M · May 2023
- Building
- Elite Residence
About 7103, Elite Residence
7103 is a three-bedroom apartment of 3,177 sqft on the 71st floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 May 2023 for AED 2,699,844, or AED 849 per sqft.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 August 2018, is AED 240,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 41,600 a year.
Sales and rents for 7103 over time
7103 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Elite Residence, and where 7103 sits
All 22 3-beds →Over the last 12 months three-beds sold for AED 4,779,471, around AED 1,480 per sqft, and rent for AED 79,778 to 475,000 a year. 7103's AED 240,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 3,228 sqft | 4,779,471 | 1,480 | ||
| 27 Mar 202527 March 2025 | 3,228 sqft | 4,300,000 | 1,332 | ||
| 22 Feb 202422 February 2024 | 3,228 sqft | 2,800,000 | 867 | ||
| 23 Nov 202323 November 2023 | 6,127 sqft | 13,800,000 | 2,252 |
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 71st floor
All 697 units in Elite Residence7103, Elite Residence in numbers
- Sold 3 times: first on 8 October 2012 for AED 3,983,273, last on 18 May 2023 for AED 2,699,844 (AED 849 per sqft).
- Rented since August 2017 on 2 Ejari contracts, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 41,600 a year (AED 13.10 per sqft).
- Three-beds in Elite Residence sold for AED 4,779,471–4,779,471 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 18 May 2023.
Questions about 7103, Elite Residence
What did unit 7103 last sell for?
AED 2,699,844 on 18 May 2023: AED 849 per sqft for 3,177 sqft. The unit has 3 registered sales; the first was AED 3,983,273 in October 2012.
What is the rent for unit 7103?
AED 240,000 a year on the contract signed on 1 August 2018. The previous contract, from August 2017, was AED 240,000.
How big is unit 7103?
3,177 sqft (295.2 sqm): a three-bedroom apartment on the 71st floor of a 83-storey tower completed in 2012.
What is unit 7103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Elite Residence sold for AED 4,779,471 to 4,779,471 in the last 12 months, around AED 1,480 per sqft.
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Mortgage on 7103, Elite Residence
Starts from the last sale price (AED 2.7M, 18 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,699,844
- Deposit, UAE resident (20%)
- AED 539,969
- Deposit, non-resident (40%)
- AED 1,079,938
- Monthly over 25 years at 3.7%
- AED 11,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →