1-bed · 801 sqftElite Residence, Dubai Marina · 23rd floor · completed 2012

2303, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.57M26 December 2012
Current rentAED 95K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Elite Residence

What is 2303 worth today?

Last sold for AED 1,571,856 in 2012

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1 Aug 2025RentedRenewal
AED 95,000/yr12 months · AED 119 per sqft
1 Aug 2024RentedRenewal
AED 73,500/yr12 months · AED 92 per sqft
1 Aug 2023RentedRenewal
AED 73,500/yr12 months · AED 92 per sqft
1 Aug 2022RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
1 Jun 2020RentedRenewal
AED 70,000/yr12 months · AED 88 per sqft
15 May 2019RentedRenewal
AED 76,504/yr13 months · AED 96 per sqft
15 May 2018RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
19 Apr 2015RentedRenewal
AED 94,500/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
23rd of 83
Parking
P3-23
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.57M · December 2012

About 2303, Elite Residence

2303 is a one-bedroom apartment of 801 sqft on the 23rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 December 2012 for AED 1,571,856, or AED 1,961 per sqft, 48% above the AED 1,323 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 95,000 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, August 2009: AED 1,571,856 (AED 1,961 per sqft)Sold, December 2012: AED 1,571,856 (AED 1,961 per sqft)

2303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2303, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500New contract, April 2013: AED 90,000 a yearNew contract, April 2014: AED 89,503 a yearRenewal, April 2015: AED 94,500 a yearRenewal, May 2018: AED 85,000 a yearRenewal, May 2019: AED 76,504 a yearRenewal, June 2020: AED 70,000 a yearRenewal, August 2022: AED 70,000 a yearRenewal, August 2023: AED 73,500 a yearRenewal, August 2024: AED 73,500 a yearRenewal, August 2025: AED 95,000 a year

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 2303 sits

All 398 1-beds →

2303 last sold in December 2012 at AED 1,961 per sqft, 48% above what one-beds in Elite Residence were fetching at the time (AED 1,323). 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. 2303's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 1-bed sales in the last 12 months

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 23rd floor

All 697 units in Elite Residence
Value
23011-bedAED 1.31M · Oct 2016
23022-bedAED 1.45M · Sep 2021
23041-bedAED 922K · Dec 2012
23052-bedAED 2.2M · Nov 2015
23061-bedAED 1.3M · Jul 2009
23071-bedAED 1.3M · Jul 2009
23082-bedAED 1.05M · May 2019
1–7 of 11

2303, Elite Residence in numbers

  • Sold twice: first on 9 August 2009 for AED 1,571,856, last on 26 December 2012 for AED 1,571,856 (AED 1,961 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2022 and recovered to AED 95,000 by August 2025.
  • At AED 95,000 a year the gross yield on the 2012 price is 6.0%, 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 1 August 2025.

Questions about 2303, Elite Residence

What did unit 2303 last sell for?

AED 1,571,856 on 26 December 2012: AED 1,961 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,571,856 in August 2009.

What is the rent for unit 2303?

AED 95,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 73,500; the unit has been rented since April 2013.

How big is unit 2303?

801 sqft (74.4 sqm): a one-bedroom apartment on the 23rd floor of a 83-storey tower completed in 2012.

What is unit 2303 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 2303, Elite Residence

Starts from the last sale price (AED 1.57M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,571,856
Deposit, UAE resident (20%)
AED 314,371
Deposit, non-resident (40%)
AED 628,742
Monthly over 25 years at 3.7%
AED 6,431

Plus AED 71,028 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →