2-bed · 1,331 sqftElite Residence, Dubai Marina · 35th floor · completed 2012

3511, Elite Residence

Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3511 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.36M28 March 2013
Current rentAED 105K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3511, Elite Residence

What is 3511 worth today?

Last sold for AED 1,355,000 in 2013

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1 Aug 2024RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
1 Aug 2022RentedRenewal
AED 81,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
20 Jun 2014RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
29 Aug 2013RentedNew contract
AED 112,000/yr12 months · AED 84 per sqft
28 Mar 2013SoldReady
AED 1,355,000AED 1,018 per sqft
5 Dec 2012SoldReady
AED 1,326,302AED 996 per sqft
11 Jun 2012Sold by developerOff-plan
AED 1,326,302AED 996 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
35th of 83
Parking
P3-37
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.36M · March 2013

About 3511, Elite Residence

3511 is a two-bedroom apartment of 1,331 sqft on the 35th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 28 March 2013 for AED 1,355,000, or AED 1,018 per sqft, 32% below the AED 1,503 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 105,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 17,400 a year.

Sales and rents for 3511 over time

Sales
Unit 3511, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, June 2012: AED 1,326,302 (AED 996 per sqft)Sold, December 2012: AED 1,326,302 (AED 996 per sqft)Sold, March 2013: AED 1,355,000 (AED 1,018 per sqft)

3511 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3511, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250New contract, August 2013: AED 112,000 a yearNew contract, June 2014: AED 135,000 a yearNew contract, March 2018: AED 110,000 a yearRenewal, August 2022: AED 81,000 a yearRenewal, August 2024: AED 105,000 a year

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 3511 sits

All 198 2-beds →

3511 last sold in March 2013 at AED 1,018 per sqft, 32% below what two-beds in Elite Residence were fetching at the time (AED 1,503). 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. 3511's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-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 35th floor

All 697 units in Elite Residence
Value
3501AED 1.35M · Aug 2025
35022-bedAED 1.8M · Jul 2016
35031-bedAED 995K · Oct 2021
35041-bedAED 920K · Feb 2021
35052-bedAED 1.95M · Feb 2024
35061-bedAED 800K · Feb 2021
35071-bedAED 1.28M · Sep 2015
1–7 of 11

3511, Elite Residence in numbers

  • Sold 3 times: first on 11 June 2012 for AED 1,326,302, last on 28 March 2013 for AED 1,355,000 (AED 1,018 per sqft).
  • Rented since August 2013 on 5 Ejari contracts. The rent fell from AED 112,000 to AED 81,000 in 2022 and recovered to AED 105,000 by August 2024.
  • At AED 105,000 a year the gross yield on the 2013 price is 7.8%, 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 1 August 2024.

Questions about 3511, Elite Residence

What did unit 3511 last sell for?

AED 1,355,000 on 28 March 2013: AED 1,018 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 1,326,302 in June 2012.

What is the rent for unit 3511?

AED 105,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2022, was AED 81,000; the unit has been rented since August 2013.

How big is unit 3511?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 35th floor of a 83-storey tower completed in 2012.

What is unit 3511 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 3511, Elite Residence

Starts from the last sale price (AED 1.36M, 28 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,355,000
Deposit, UAE resident (20%)
AED 271,000
Deposit, non-resident (40%)
AED 542,000
Monthly over 25 years at 3.7%
AED 5,544

Plus AED 61,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →