7404, Elite Residence
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7404, Elite Residence
What is 7404 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,177 sqft
- Floor
- 74th of 83
- Parking
- P1-51,P1-52,P1-64
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 3.55M · February 2013
- Building
- Elite Residence
About 7404, Elite Residence
7404 is a three-bedroom apartment of 3,177 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 5 February 2013 for AED 3,551,000, or AED 1,117 per sqft, 14% below the AED 1,301 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 10 Ejari contracts. The current contract, signed on 1 August 2026, is AED 475,000 a year: a gross yield of 13.4% on the 2013 price, before the service charge of about AED 41,600 a year.
Sales and rents for 7404 over time
7404 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 7404 sits
All 22 3-beds →7404 last sold in February 2013 at AED 1,117 per sqft, 14% below what three-beds in Elite Residence were fetching at the time (AED 1,301). 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. 7404's AED 475,000 is at the top 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 74th floor
All 697 units in Elite Residence7404, Elite Residence in numbers
- Sold 3 times: first on 11 June 2012 for AED 4,011,123, last on 5 February 2013 for AED 3,551,000 (AED 1,117 per sqft).
- Rented since October 2022 on 10 Ejari contracts. The rent fell from AED 249,330 to AED 40,000 in 2023 and recovered to AED 475,000 by August 2026.
- At AED 475,000 a year the gross yield on the 2013 price is 13.4%, 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 August 2026.
Questions about 7404, Elite Residence
What did unit 7404 last sell for?
AED 3,551,000 on 5 February 2013: AED 1,117 per sqft for 3,177 sqft. The unit has 3 registered sales; the first was AED 4,011,123 in June 2012.
What is the rent for unit 7404?
AED 475,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2026, was AED 378,981; the unit has been rented since October 2022.
How big is unit 7404?
3,177 sqft (295.2 sqm): a three-bedroom apartment on the 74th floor of a 83-storey tower completed in 2012.
What is unit 7404 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 7404, Elite Residence
Starts from the last sale price (AED 3.55M, 5 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,551,000
- Deposit, UAE resident (20%)
- AED 710,200
- Deposit, non-resident (40%)
- AED 1,420,400
- Monthly over 25 years at 3.7%
- AED 14,528
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →