7701, Elite Residence
Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7701, Elite Residence
What is 7701 worth today?
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Source: Dubai Land Department. Updated 18 August 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 6,246 sqft
- Floor
- 77th of 83
- Parking
- P1-86,P1-87,P1-88
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 81,800 /yr
- Last sold
- AED 11.5M · August 2022
- Building
- Elite Residence
About 7701, Elite Residence
7701 is a four-bedroom apartment of 6,246 sqft on the 77th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 August 2022 for AED 11,500,000, or AED 1,841 per sqft, 86% above the AED 992 four-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 October 2020, is AED 285,000 a year: a gross yield of 2.5% on the 2022 price, before the service charge of about AED 81,800 a year.
Sales and rents for 7701 over time
7701 has sold 4 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Elite Residence, and where 7701 sits
All 50 4-beds →7701 last sold in August 2022 at AED 1,841 per sqft, 86% above what four-beds in Elite Residence were fetching at the time (AED 992). Over the last 12 months four-beds sold for AED 3,600,000 to 3,875,000, around AED 1,150 per sqft, and rent for AED 92,000 to 950,000 a year. 7701's AED 285,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Mar 202612 March 2026 | 3,173 sqft | 3,875,000 | 1,221 | ||
| 18 Dec 202518 December 2025 | 3,173 sqft | 3,600,000 | 1,134 | ||
| 18 Dec 202518 December 2025 | 3,173 sqft | 3,600,000 | 1,134 | ||
| 28 Nov 202528 November 2025 | 3,173 sqft | 3,700,000 | 1,166 |
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 77th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7702 | 4-bed | 6,246 sqft | AED 9.5MAED 9,500,000 · Aug 2023August 2023 | 280,000 /yr |
7701, Elite Residence in numbers
- Sold 4 times: first on 3 July 2009 for AED 12,668,331, last on 18 August 2022 for AED 11,500,000 (AED 1,841 per sqft).
- Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 700,000 to AED 100,000 in 2020 and recovered to AED 285,000 by October 2020.
- At AED 285,000 a year the gross yield on the 2022 price is 2.5%, before a service charge of about AED 81,800 a year (AED 13.10 per sqft).
- Four-beds in Elite Residence sold for AED 3,600,000–3,875,000 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 August 2022.
Questions about 7701, Elite Residence
What did unit 7701 last sell for?
AED 11,500,000 on 18 August 2022: AED 1,841 per sqft for 6,246 sqft. The unit has 4 registered sales; the first was AED 12,668,331 in July 2009.
What is the rent for unit 7701?
AED 285,000 a year on the contract signed on 1 October 2020. The previous contract, from May 2020, was AED 100,000; the unit has been rented since July 2015.
How big is unit 7701?
6,246 sqft (580.3 sqm): a four-bedroom apartment on the 77th floor of a 83-storey tower completed in 2012.
What is unit 7701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Residence sold for AED 3,600,000 to 3,875,000 in the last 12 months, around AED 1,150 per sqft.
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Mortgage on 7701, Elite Residence
Starts from the last sale price (AED 11.5M, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 11,500,000
- Deposit, UAE resident (20%)
- AED 2,300,000
- Deposit, non-resident (40%)
- AED 4,600,000
- Monthly over 25 years at 3.7%
- AED 47,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →