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3-bed · 3,228 sqftElite Residence, Dubai Marina · 74th floor · completed 2012

7401, Elite Residence

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7401 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 4.3M27 March 2025
Current rentAED 200K /yr16 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7401, Elite Residence

What is 7401 worth today?

Last sold for AED 4,300,000 in 2025

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27 Mar 2025SoldReady
AED 4,300,000AED 1,332 per sqft
16 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
16 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
22 Feb 2024SoldReady
AED 2,800,000AED 867 per sqft
16 Apr 2022RentedRenewal
AED 200,000/yr12 months · AED 62 per sqft
16 Apr 2020RentedRenewal
AED 100,000/yr24 months · AED 31 per sqft
16 Apr 2019RentedRenewal
AED 200,000/yr12 months · AED 62 per sqft
16 Apr 2018RentedRenewal
AED 240,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
3-bed apartment
Size
3,228 sqft
Floor
74th of 83
Parking
P1-34,P1-35,B1-75
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,300 /yr
Last sold
AED 4.3M · March 2025
Building
Elite Residence

About 7401, Elite Residence

7401 is a three-bedroom apartment of 3,228 sqft on the 74th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 March 2025 for AED 4,300,000, or AED 1,332 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 16 April 2024, is AED 200,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 42,300 a year.

Sales and rents for 7401 over time

Sales
Unit 7401, each saleTypical three-bed in Elite Residence
4M6M2009201420192024Typical 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, October 2012: AED 5,844,000 (AED 1,810 per sqft)Sold, February 2024: AED 2,800,000 (AED 867 per sqft)Sold, March 2025: AED 4,300,000 (AED 1,332 per sqft)

7401 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7401, each contractTypical three-bed in Elite Residence
100K200K2013201720212025Typical 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, April 2013: AED 240,000 a yearNew contract, April 2014: AED 240,000 a yearRenewal, April 2015: AED 240,000 a yearRenewal, April 2016: AED 240,000 a yearRenewal, April 2017: AED 240,000 a yearRenewal, April 2018: AED 240,000 a yearRenewal, April 2019: AED 200,000 a yearRenewal, April 2020: AED 100,000 a yearRenewal, April 2022: AED 200,000 a yearNew contract, April 2024: AED 200,000 a yearNew contract, April 2024: AED 200,000 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 7401 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. 7401's AED 200,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 20264,779,471
23 Nov 202313,800,000
18 May 20232,699,844
18 Oct 20212,300,000
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 74th floor

All 697 units in Elite Residence
Value
74023-bedAED 5.55M · Dec 2012
74033-bedAED 3.6M · May 2013
74043-bedAED 3.55M · Feb 2013

7401, Elite Residence in numbers

  • Sold 3 times: first on 17 October 2012 for AED 5,844,000, last on 27 March 2025 for AED 4,300,000 (AED 1,332 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 240,000 to AED 100,000 in 2020 and recovered to AED 200,000 by April 2024.
  • At AED 200,000 a year the gross yield on the 2025 price is 4.7%, 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 27 March 2025.

Questions about 7401, Elite Residence

What did unit 7401 last sell for?

AED 4,300,000 on 27 March 2025: AED 1,332 per sqft for 3,228 sqft. The unit has 3 registered sales; the first was AED 5,844,000 in October 2012.

What is the rent for unit 7401?

AED 200,000 a year on the contract signed on 16 April 2024. The previous contract, from April 2024, was AED 200,000; the unit has been rented since April 2013.

How big is unit 7401?

3,228 sqft (299.9 sqm): a three-bedroom apartment on the 74th floor of a 83-storey tower completed in 2012.

What is unit 7401 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 7401, Elite Residence

Starts from the last sale price (AED 4.3M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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