
1704, Elite Residence
Sold prices and rental history: sold 5 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Elite Residence
What is 1704 worth today?
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Source: Dubai Land Department. Updated 11 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 17th of 83
- Parking
- B4-58
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 720K · December 2021
- Building
- Elite Residence
About 1704, Elite Residence
1704 is a one-bedroom apartment of 802 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 7 December 2021 for AED 720,000, or AED 897 per sqft, in line with the AED 889 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 11 April 2025, is AED 87,000 a year: a gross yield of 12.1% on the 2021 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1704 over time
1704 has sold 5 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 1704 sits
All 398 1-beds →1704 last sold in December 2021 at AED 897 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 889). 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. 1704's AED 87,000 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 | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 960 sqft | AED 900KAED 900,000 · Jun 2022June 2022 | 93,000 /yr | |
| 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 | |
| 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 |
1704, Elite Residence in numbers
- Sold 5 times: first on 15 February 2012 for AED 956,046, last on 7 December 2021 for AED 720,000 (AED 897 per sqft).
- Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 88,000 to AED 47,000 in 2020 and recovered to AED 87,000 by April 2025.
- At AED 87,000 a year the gross yield on the 2021 price is 12.1%, before a service charge of about AED 10,500 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 11 April 2025.
Questions about 1704, Elite Residence
What did unit 1704 last sell for?
AED 720,000 on 7 December 2021: AED 897 per sqft for 802 sqft. The unit has 5 registered sales; the first was AED 956,046 in February 2012.
What is the rent for unit 1704?
AED 87,000 a year on the contract signed on 11 April 2025. The previous contract, from March 2024, was AED 80,000; the unit has been rented since August 2013.
How big is unit 1704?
802 sqft (74.5 sqm): a one-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.
What is unit 1704 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 1704, Elite Residence
Starts from the last sale price (AED 720K, 7 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus AED 35,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →