1701, Elite Residence
Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Elite Residence
What is 1701 worth today?
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Source: Dubai Land Department. Updated 28 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 17th of 83
- Parking
- B4-08
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 900K · June 2022
- Building
- Elite Residence
About 1701, Elite Residence
1701 is a one-bedroom apartment of 960 sqft on the 17th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 June 2022 for AED 900,000, or AED 937 per sqft, 4% below the AED 977 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 28 February 2025, is AED 93,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1701 over time
1701 has sold 4 times; 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 1701 sits
All 398 1-beds →1701 last sold in June 2022 at AED 937 per sqft, 4% below what one-beds in Elite Residence were fetching at the time (AED 977). 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. 1701's AED 93,000 is in the upper 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 17th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1,329 sqft | AED 1.82MAED 1,817,598 · Sep 2025September 2025 | 123,900 /yr | ||
| 1703 | 1-bed | 801 sqft | AED 994KAED 993,599 · Dec 2012December 2012 | 50,000 /yr | |
| 1704 | 1-bed | 802 sqft | AED 720KAED 720,000 · Dec 2021December 2021 | 87,000 /yr | |
| 1705 | 2-bed | 1,329 sqft | AED 1.52MAED 1,520,000 · Mar 2022March 2022 | ||
| 1706 | 1-bed | 960 sqft | AED 950KAED 950,000 · May 2022May 2022 | 44,000 /yr | |
| 1707 | 1-bed | 960 sqft | AED 1.33MAED 1,325,000 · Oct 2013October 2013 | 137,000 /yr | |
| 1708 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Aug 2013August 2013 | 150,000 /yr | |
| 1709 | 1-bed | 737 sqft | AED 1.21MAED 1,213,357 · Oct 2012October 2012 | 62,500 /yr | |
| 1710 | 1-bed | 737 sqft | AED 1.32MAED 1,315,379 · Oct 2012October 2012 | ||
| 1711 | 2-bed | 1,329 sqft | AED 1.4MAED 1,400,000 · Oct 2019October 2019 | 135,000 /yr | |
| 1712 | 1-bed | 960 sqft | AED 1.28MAED 1,280,389 · Dec 2012December 2012 | 59,834 /yr |
1701, Elite Residence in numbers
- Sold 4 times: first on 9 August 2009 for AED 1,237,000, last on 29 June 2022 for AED 900,000 (AED 937 per sqft).
- Rented since March 2016 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 50,000 in 2020 and recovered to AED 93,000 by February 2025.
- At AED 93,000 a year the gross yield on the 2022 price is 10.3%, 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 28 February 2025.
Questions about 1701, Elite Residence
What did unit 1701 last sell for?
AED 900,000 on 29 June 2022: AED 937 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,237,000 in August 2009.
What is the rent for unit 1701?
AED 93,000 a year on the contract signed on 28 February 2025. The previous contract, from December 2023, was AED 89,759; the unit has been rented since March 2016.
How big is unit 1701?
960 sqft (89.2 sqm): a one-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.
What is unit 1701 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 1701, Elite Residence
Starts from the last sale price (AED 900K, 29 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →