3-bed · 3,228 sqftElite Residence, Dubai Marina · 73rd floor · completed 2012

7301, Elite Residence

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

Unit 7301 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 7.03M4 March 2013
Current rentAED 275K /yr6 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7301, Elite Residence

What is 7301 worth today?

Last sold for AED 7,034,987 in 2013

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6 May 2025RentedRenewal
AED 275,000/yr12 months · AED 85 per sqft
6 May 2025RentedRenewal
AED 275,000/yr12 months · AED 85 per sqft
6 May 2024RentedNew contract
AED 275,000/yr12 months · AED 85 per sqft
6 May 2024RentedNew contract
AED 275,000/yr12 months · AED 85 per sqft
24 Jun 2022RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
24 Jun 2021RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
5 Oct 2018RentedRenewal
AED 300,000/yr24 months · AED 93 per sqft
5 Oct 2017RentedNew contract
AED 300,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 6 May 2025.

Key facts

Type
3-bed apartment
Size
3,228 sqft
Floor
73rd of 83
Parking
B1-89
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,300 /yr
Last sold
AED 7.03M · March 2013

About 7301, Elite Residence

7301 is a three-bedroom apartment of 3,228 sqft on the 73rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 March 2013 for AED 7,034,987, or AED 2,179 per sqft, 40% above the AED 1,561 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 6 May 2025, is AED 275,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 42,300 a year.

Sales and rents for 7301 over time

Sales
Unit 7301, each saleTypical three-bed in Elite Residence
4M6M2009201320172021Typical sale price by year: 2009 AED 6,985,211; 2012 AED 4,200,000; 2013 AED 3,750,000; 2017 AED 6,000,000; 2021 AED 3,600,000Sold by developer, August 2009: AED 7,034,987 (AED 2,179 per sqft)Sold, March 2013: AED 7,034,987 (AED 2,179 per sqft)

7301 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7301, each contractTypical three-bed in Elite Residence
200K300K2013201720212025Typical rent by year: 2013 AED 240,000; 2014 AED 245,000; 2015 AED 242,500; 2016 AED 245,000; 2017 AED 240,000; 2018 AED 230,310; 2019 AED 167,500; 2020 AED 210,000; 2021 AED 192,500; 2022 AED 200,000; 2023 AED 205,000; 2024 AED 237,500; 2025 AED 225,000; 2026 AED 215,000New contract, June 2013: AED 200,000 a yearRenewal, June 2014: AED 200,539 a yearRenewal, May 2015: AED 209,437 a yearRenewal, May 2016: AED 210,000 a yearNew contract, October 2017: AED 300,000 a yearRenewal, October 2018: AED 300,000 a yearNew contract, June 2021: AED 175,000 a yearRenewal, June 2022: AED 175,000 a yearNew contract, May 2024: AED 275,000 a yearNew contract, May 2024: AED 275,000 a yearRenewal, May 2025: AED 275,000 a yearRenewal, May 2025: AED 275,000 a year

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 7301 sits

All 22 3-beds →

7301 last sold in March 2013 at AED 2,179 per sqft, 40% above what three-beds in Elite Residence were fetching at the time (AED 1,561). 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. 7301's AED 275,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 20264,779,471
27 Mar 20254,300,000
22 Feb 20242,800,000
23 Nov 202313,800,000
1 3-bed sale 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 73rd floor

All 697 units in Elite Residence
Value
73023-bedAED 4.78M · Oct 2026
73033-bedAED 3.8M · Jul 2017
73043-bedAED 5.8M · Jul 2009

7301, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 7,034,987, last on 4 March 2013 for AED 7,034,987 (AED 2,179 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 175,000 in 2022 and recovered to AED 275,000 by May 2025.
  • At AED 275,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 42,300 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 6 May 2025.

Questions about 7301, Elite Residence

What did unit 7301 last sell for?

AED 7,034,987 on 4 March 2013: AED 2,179 per sqft for 3,228 sqft. The unit has 2 registered sales; the first was AED 7,034,987 in August 2009.

What is the rent for unit 7301?

AED 275,000 a year on the contract renewed on 6 May 2025. The previous contract, from May 2025, was AED 275,000; the unit has been rented since June 2013.

How big is unit 7301?

3,228 sqft (299.9 sqm): a three-bedroom apartment on the 73rd floor of a 83-storey tower completed in 2012.

What is unit 7301 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 7301, Elite Residence

Starts from the last sale price (AED 7.03M, 4 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 7,034,987
Deposit, UAE resident (20%)
AED 1,406,997
Deposit, non-resident (40%)
AED 2,813,995
Monthly over 25 years at 3.7%
AED 28,782

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