1-bed · 960 sqftElite Residence, Dubai Marina · 34th floor · completed 2012

3406, Elite Residence

Sold prices and rental history: sold 4 times, last in July 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 24 July 2025
Last soldAED 700K5 July 2021
Current rentAED 80K /yr24 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Elite Residence

What is 3406 worth today?

Last sold for AED 700,000 in 2021

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24 Jul 2025RentedRenewal
AED 79,695/yr12 months · AED 83 per sqft
24 Jul 2024RentedRenewal
AED 79,695/yr12 months · AED 83 per sqft
24 Jul 2022RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
5 Jul 2021SoldReady
AED 700,000AED 728 per sqft
24 Jul 2019RentedNew contract
AED 68,000/yr12 months · AED 71 per sqft
27 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
11 Apr 2016SoldReady
AED 1,413,072AED 1,471 per sqft
27 Dec 2012SoldReady
AED 2,148,515AED 2,237 per sqft

Source: Dubai Land Department. Updated 24 July 2025.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
34th of 83
Parking
P3-27
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 700K · July 2021

About 3406, Elite Residence

3406 is a one-bedroom apartment of 960 sqft on the 34th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 5 July 2021 for AED 700,000, or AED 728 per sqft, 14% below the AED 847 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 24 July 2025, is AED 79,695 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 12,600 a year.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical one-bed in Elite Residence
1M2M2009201420192024Typical 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 2,148,515 (AED 2,237 per sqft)Sold, December 2012: AED 2,148,515 (AED 2,237 per sqft)Sold, April 2016: AED 1,413,072 (AED 1,471 per sqft)Sold, July 2021: AED 700,000 (AED 728 per sqft)

3406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3406, 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 2018: AED 95,000 a yearNew contract, July 2019: AED 68,000 a yearNew contract, July 2022: AED 66,000 a yearRenewal, July 2024: AED 79,695 a yearRenewal, July 2025: AED 79,695 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 3406 sits

All 398 1-beds →

3406 last sold in July 2021 at AED 728 per sqft, 14% below what one-beds in Elite Residence were fetching at the time (AED 847). 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. 3406's AED 79,695 is in the lower 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 34th floor

All 697 units in Elite Residence
Value
34011-bedAED 1.2M · Feb 2023
34022-bedAED 600K · Jul 2021
34031-bedAED 1.88M · Apr 2016
34041-bedAED 1.5M · Jul 2023
34052-bedAED 1.45M · Jul 2021
34071-bedAED 1.41M · Apr 2016
34082-bedAED 1M · Jul 2021
1–7 of 11

3406, Elite Residence in numbers

  • Sold 4 times: first on 5 August 2009 for AED 2,148,515, last on 5 July 2021 for AED 700,000 (AED 728 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 66,000 in 2022 and recovered to AED 79,695 by July 2025.
  • At AED 79,695 a year the gross yield on the 2021 price is 11.4%, 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 24 July 2025.

Questions about 3406, Elite Residence

What did unit 3406 last sell for?

AED 700,000 on 5 July 2021: AED 728 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 2,148,515 in August 2009.

What is the rent for unit 3406?

AED 79,695 a year on the contract renewed on 24 July 2025. The previous contract, from July 2024, was AED 79,695; the unit has been rented since April 2018.

How big is unit 3406?

960 sqft (89.2 sqm): a one-bedroom apartment on the 34th floor of a 83-storey tower completed in 2012.

What is unit 3406 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 3406, Elite Residence

Starts from the last sale price (AED 700K, 5 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →