7303, Elite Residence
Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7303, Elite Residence
What is 7303 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,177 sqft
- Floor
- 73rd of 83
- Parking
- B1-24,B1-25
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 3.8M · July 2017
- Building
- Elite Residence
About 7303, Elite Residence
7303 is a three-bedroom apartment of 3,177 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 12 July 2017 for AED 3,800,000, or AED 1,195 per sqft, in line with the AED 1,195 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 July 2024, is AED 280,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 41,600 a year.
Sales and rents for 7303 over time
7303 has sold twice; 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 7303 sits
All 22 3-beds →7303 last sold in July 2017 at AED 1,195 per sqft, in line with what three-beds in Elite Residence were fetching at the time (AED 1,195). 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. 7303's AED 280,000 is in the upper 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 73rd floor
All 697 units in Elite Residence7303, Elite Residence in numbers
- Sold twice: first on 24 August 2016 for AED 3,226,013, last on 12 July 2017 for AED 3,800,000 (AED 1,195 per sqft).
- Rented since October 2020 on 5 Ejari contracts, from AED 210,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2017 price is 7.4%, 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 1 July 2024.
Questions about 7303, Elite Residence
What did unit 7303 last sell for?
AED 3,800,000 on 12 July 2017: AED 1,195 per sqft for 3,177 sqft. The unit has 2 registered sales; the first was AED 3,226,013 in August 2016.
What is the rent for unit 7303?
AED 280,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 280,000; the unit has been rented since October 2020.
How big is unit 7303?
3,177 sqft (295.2 sqm): a three-bedroom apartment on the 73rd floor of a 83-storey tower completed in 2012.
What is unit 7303 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 7303, Elite Residence
Starts from the last sale price (AED 3.8M, 12 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →