1706, Elite Residence
Sold prices and rental history: sold 4 times, last in May 2022, 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 1706, Elite Residence
What is 1706 worth today?
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Source: Dubai Land Department. Updated 18 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 17th of 83
- Parking
- B4-30
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 950K · May 2022
- Building
- Elite Residence
About 1706, Elite Residence
1706 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 18 May 2022 for AED 950,000, or AED 989 per sqft, in line with the AED 983 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 October 2020, is AED 44,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 12,600 a year.
Sales and rents for 1706 over time
1706 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 1706 sits
All 398 1-beds →1706 last sold in May 2022 at AED 989 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 983). 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. 1706's AED 44,000 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 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 | |
| 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 | ||
| 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 |
1706, Elite Residence in numbers
- Sold 4 times: first on 13 August 2009 for AED 1,280,389, last on 18 May 2022 for AED 950,000 (AED 989 per sqft).
- Rented since February 2013 on 4 Ejari contracts, from AED 70,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2022 price is 4.6%, 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 18 May 2022.
Questions about 1706, Elite Residence
What did unit 1706 last sell for?
AED 950,000 on 18 May 2022: AED 989 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,280,389 in August 2009.
What is the rent for unit 1706?
AED 44,000 a year on the contract signed on 1 October 2020. The previous contract, from April 2019, was AED 68,000; the unit has been rented since February 2013.
How big is unit 1706?
960 sqft (89.2 sqm): a one-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.
What is unit 1706 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 1706, Elite Residence
Starts from the last sale price (AED 950K, 18 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →