1-bed · 960 sqftElite Residence, Dubai Marina · 13th floor · completed 2012

1307, Elite Residence

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.44M19 January 2014
Current rentAED 80K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Elite Residence

What is 1307 worth today?

Last sold for AED 1,440,000 in 2014

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1 Jul 2025RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
1 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
5 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
19 Jan 2014SoldReady
AED 1,440,000AED 1,499 per sqft
27 Dec 2012SoldReady
AED 1,331,292AED 1,386 per sqft
9 Aug 2009Sold by developerOff-plan
AED 1,331,292AED 1,386 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
13th of 83
Parking
P4-70
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.44M · January 2014

About 1307, Elite Residence

1307 is a one-bedroom apartment of 960 sqft on the 13th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 19 January 2014 for AED 1,440,000, or AED 1,499 per sqft, 10% above the AED 1,359 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 80,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, August 2009: AED 1,331,292 (AED 1,386 per sqft)Sold, December 2012: AED 1,331,292 (AED 1,386 per sqft)Sold, January 2014: AED 1,440,000 (AED 1,499 per sqft)

1307 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1307, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500New contract, March 2014: AED 100,000 a yearNew contract, June 2015: AED 90,000 a yearNew contract, July 2022: AED 50,000 a yearRenewal, July 2025: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Elite Residence, and where 1307 sits

All 398 1-beds →

1307 last sold in January 2014 at AED 1,499 per sqft, 10% above what one-beds in Elite Residence were fetching at the time (AED 1,359). Over the last 12 months one-beds sold for AED 1,190,000 to 1,450,000, around AED 1,615 per sqft, and rent for AED 36,725 to 137,000 a year. 1307's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 1-bed sales 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. 12 sold in the last 12 months.

Typical price per sqft
AED 1,404 Down 1.7%
Typical sale
AED 1.85M
Typical rent
AED 105K /yr
Typical yield
7.0%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 697 units in Elite Residence
Value
13011-bedAED 1.09M · Apr 2013
13022-bedAED 1.9M · Mar 2025
13031-bedAED 1.43M · Oct 2012
13041-bedAED 1.08M · Feb 2022
13052-bedAED 1.91M · Jul 2024
13061-bedAED 1.27M · Jan 2025
13082-bedAED 1M · Mar 2019
1–7 of 11

1307, Elite Residence in numbers

  • Sold 3 times: first on 9 August 2009 for AED 1,331,292, last on 19 January 2014 for AED 1,440,000 (AED 1,499 per sqft).
  • Rented since March 2014 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2022 and recovered to AED 80,000 by July 2025.
  • At AED 80,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,190,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 1307, Elite Residence

What did unit 1307 last sell for?

AED 1,440,000 on 19 January 2014: AED 1,499 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,331,292 in August 2009.

What is the rent for unit 1307?

AED 80,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2022, was AED 50,000; the unit has been rented since March 2014.

How big is unit 1307?

960 sqft (89.2 sqm): a one-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.

What is unit 1307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,190,000 to 1,450,000 in the last 12 months, around AED 1,615 per sqft.

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Mortgage on 1307, Elite Residence

Starts from the last sale price (AED 1.44M, 19 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,000
Deposit, UAE resident (20%)
AED 288,000
Deposit, non-resident (40%)
AED 576,000
Monthly over 25 years at 3.7%
AED 5,891

Plus AED 65,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →