332 sqftElite Residence, Dubai Marina · 18th floor · completed 2012

1808, Elite Residence

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.35M17 April 2023
Current rentAED 121K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Elite Residence

What is 1808 worth today?

Last sold for AED 1,350,000 in 2023

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10 Jun 2024RentedRenewal
AED 121,000/yr12 months · AED 91 per sqft
10 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
17 Apr 2023SoldReady
AED 1,350,000AED 1,015 per sqft
10 Oct 2019SoldReady
AED 1,000,000AED 752 per sqft
25 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
25 Jun 2018RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
25 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
24 May 2016RentedRenewal
AED 125,000/yr6 months · AED 94 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
Apartment
Size
332 sqft
Floor
18th of 83
Parking
P4-68
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 4,400 /yr
Last sold
AED 1.35M · April 2023

About 1808, Elite Residence

1808 is an apartment of 332 sqft on the 18th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 April 2023 for AED 1,350,000, or AED 1,015 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 121,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 4,400 a year.

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 18th floor

All 697 units in Elite Residence
Value
18011-bedAED 1.1M · Feb 2016
18022-bedAED 2.57M · Jan 2013
18031-bedAED 1.3M · May 2024
18041-bedAED 1.41M · Sep 2024
18052-bedAED 900K · Jun 2015
18061-bedAED 1.28M · Dec 2012
18071-bedAED 1.27M · Dec 2012
1–7 of 11

1808, Elite Residence in numbers

  • Sold 4 times: first on 9 August 2009 for AED 2,229,237, last on 17 April 2023 for AED 1,350,000 (AED 1,015 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 100,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 4,400 a year (AED 13.10 per sqft).

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 1808, Elite Residence

What did unit 1808 last sell for?

AED 1,350,000 on 17 April 2023: AED 1,015 per sqft for 332 sqft. The unit has 4 registered sales; the first was AED 2,229,237 in August 2009.

What is the rent for unit 1808?

AED 121,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 110,000; the unit has been rented since May 2013.

How big is unit 1808?

332 sqft (30.8 sqm): an apartment on the 18th floor of a 83-storey tower completed in 2012.

What is unit 1808 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 1808, Elite Residence

Starts from the last sale price (AED 1.35M, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →