1708, Elite Residence
Sold prices and rental history: sold 4 times, last in August 2013, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1708, Elite Residence
What is 1708 worth today?
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Source: Dubai Land Department. Updated 4 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,329 sqft
- Floor
- 17th of 83
- Parking
- P4-73
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.4M · August 2013
- Building
- Elite Residence
About 1708, Elite Residence
1708 is a two-bedroom apartment of 1,329 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 August 2013 for AED 1,400,000, or AED 1,053 per sqft, 32% below the AED 1,548 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 June 2024. The current contract, signed on 4 June 2024, is AED 150,000 a year: a gross yield of 10.7% on the 2013 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1708 over time
1708 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Residence, and where 1708 sits
All 198 2-beds →1708 last sold in August 2013 at AED 1,053 per sqft, 32% below what two-beds in Elite Residence were fetching at the time (AED 1,548). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 1708's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
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 | ||
| 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 | |
| 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 |
1708, Elite Residence in numbers
- Sold 4 times: first on 11 June 2012 for AED 1,213,852, last on 18 August 2013 for AED 1,400,000 (AED 1,053 per sqft).
- Rented since June 2024 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2013 price is 10.7%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 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 4 June 2024.
Questions about 1708, Elite Residence
What did unit 1708 last sell for?
AED 1,400,000 on 18 August 2013: AED 1,053 per sqft for 1,329 sqft. The unit has 4 registered sales; the first was AED 1,213,852 in June 2012.
What is the rent for unit 1708?
AED 150,000 a year on the contract signed on 4 June 2024.
How big is unit 1708?
1,329 sqft (123.5 sqm): a two-bedroom apartment on the 17th floor of a 83-storey tower completed in 2012.
What is unit 1708 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.
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Mortgage on 1708, Elite Residence
Starts from the last sale price (AED 1.4M, 18 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →