1309, Elite Residence
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1309, Elite Residence
What is 1309 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 13th of 83
- Parking
- P4-25
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.08M · October 2024
- Building
- Elite Residence
About 1309, Elite Residence
1309 is a one-bedroom apartment of 737 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 14 October 2024 for AED 1,082,500, or AED 1,469 per sqft, in line with the AED 1,495 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 66,412 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1309 over time
1309 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1309 sits
All 398 1-beds →1309 last sold in October 2024 at AED 1,469 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,495). 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. 1309's AED 66,412 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 737 sqft | 1,190,000 | 1,615 | ||
| 9 Jan 20269 January 2026 | 737 sqft | 1,230,000 | 1,669 | ||
| 6 Jan 20266 January 2026 | 960 sqft | 1,346,497 | 1,403 | ||
| 19 Dec 202519 December 2025 | 960 sqft | 1,450,000 | 1,511 |
Elite Residence
Building697 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%
Other units on the 13th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 960 sqft | AED 1.09MAED 1,090,000 · Apr 2013April 2013 | 60,000 /yr | |
| 1302 | 2-bed | 1,329 sqft | AED 1.9MAED 1,900,000 · Mar 2025March 2025 | 105,000 /yr | |
| 1303 | 1-bed | 801 sqft | AED 1.43MAED 1,434,071 · Oct 2012October 2012 | 95,000 /yr | |
| 1304 | 1-bed | 802 sqft | AED 1.08MAED 1,080,000 · Feb 2022February 2022 | 105,000 /yr | |
| 1305 | 2-bed | 1,329 sqft | AED 1.91MAED 1,909,704 · Jul 2024July 2024 | 200,000 /yr | |
| 1306 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Jan 2025January 2025 | 92,500 /yr | |
| 1307 | 1-bed | 960 sqft | AED 1.44MAED 1,440,000 · Jan 2014January 2014 | 80,000 /yr | |
| 1308 | 2-bed | 1,329 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 140,000 /yr | |
| 1310 | 1-bed | 737 sqft | AED 1.24MAED 1,240,520 · Dec 2012December 2012 | 80,000 /yr | |
| 1311 | 2-bed | 1,329 sqft | AED 1.73MAED 1,725,000 · Jul 2025July 2025 | 150,000 /yr | |
| 1312 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Aug 2016August 2016 | 83,000 /yr |
1309, Elite Residence in numbers
- Sold twice: first on 9 August 2009 for AED 1,302,546, last on 14 October 2024 for AED 1,082,500 (AED 1,469 per sqft).
- Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2021 and recovered to AED 66,412 by May 2024.
- At AED 66,412 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 9,700 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 14 October 2024.
Questions about 1309, Elite Residence
What did unit 1309 last sell for?
AED 1,082,500 on 14 October 2024: AED 1,469 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,302,546 in August 2009.
What is the rent for unit 1309?
AED 66,412 a year on the contract renewed on 31 May 2024. The previous contract, from June 2023, was AED 60,538; the unit has been rented since March 2019.
How big is unit 1309?
737 sqft (68.5 sqm): a one-bedroom apartment on the 13th floor of a 83-storey tower completed in 2012.
What is unit 1309 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 1309, Elite Residence
Starts from the last sale price (AED 1.08M, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,082,500
- Deposit, UAE resident (20%)
- AED 216,500
- Deposit, non-resident (40%)
- AED 433,000
- Monthly over 25 years at 3.7%
- AED 4,429
Plus AED 50,475 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →