1408, Elite Residence
Sold prices and rental history: sold 4 times, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Elite Residence
What is 1408 worth today?
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Source: Dubai Land Department. Updated 23 October 2025.
Key facts
- Type
- Apartment
- Size
- 1,329 sqft
- Floor
- 14th of 83
- Parking
- B4-19
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.85M · October 2025
- Building
- Elite Residence
About 1408, Elite Residence
1408 is an apartment of 1,329 sqft on the 14th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 23 October 2025 for AED 1,846,000, or AED 1,388 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 18 April 2024, is AED 129,282 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 17,400 a year.
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 14th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 960 sqft | AED 1.1MAED 1,100,000 · Jan 2018January 2018 | 75,141 /yr | |
| 1402 | 2-bed | 1,329 sqft | AED 2.25MAED 2,250,000 · Sep 2024September 2024 | 90,000 /yr | |
| 1403 | 1-bed | 801 sqft | AED 1.54MAED 1,537,850 · Dec 2012December 2012 | 78,000 /yr | |
| 1404 | 1-bed | 802 sqft | AED 1.54MAED 1,537,850 · Dec 2012December 2012 | 80,850 /yr | |
| 1405 | 2-bed | 1,329 sqft | AED 1.8MAED 1,800,000 · Sep 2015September 2015 | 122,000 /yr | |
| 1406 | 1-bed | 960 sqft | AED 1.27MAED 1,271,020 · Sep 2012September 2012 | 85,000 /yr | |
| 1407 | 1-bed | 960 sqft | AED 1MAED 1,000,000 · Jan 2013January 2013 | 80,000 /yr | |
| 1409 | 1-bed | 737 sqft | AED 1.24MAED 1,243,576 · Dec 2012December 2012 | ||
| 1410 | 1-bed | 737 sqft | AED 1.25MAED 1,250,000 · Feb 2014February 2014 | 85,000 /yr | |
| 1411 | 2-bed | 1,329 sqft | AED 2.7MAED 2,702,260 · Dec 2012December 2012 | 79,786 /yr | |
| 1412 | 1-bed | 960 sqft | AED 960KAED 960,000 · Jan 2013January 2013 | 78,030 /yr |
1408, Elite Residence in numbers
- Sold 4 times: first on 15 March 2010 for AED 2,207,542, last on 23 October 2025 for AED 1,846,000 (AED 1,388 per sqft).
- Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 66,000 in 2021 and recovered to AED 129,282 by April 2024.
- At AED 129,282 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
Source: Dubai Land Department. Updated 23 October 2025.
Questions about 1408, Elite Residence
What did unit 1408 last sell for?
AED 1,846,000 on 23 October 2025: AED 1,388 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 2,207,542 in March 2010.
What is the rent for unit 1408?
AED 129,282 a year on the contract signed on 18 April 2024. The previous contract, from May 2021, was AED 66,000; the unit has been rented since November 2017.
How big is unit 1408?
1,329 sqft (123.5 sqm): an apartment on the 14th floor of a 83-storey tower completed in 2012.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1408, Elite Residence
Starts from the last sale price (AED 1.85M, 23 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,846,000
- Deposit, UAE resident (20%)
- AED 369,200
- Deposit, non-resident (40%)
- AED 738,400
- Monthly over 25 years at 3.7%
- AED 7,553
Plus AED 82,542 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →