2-bed · 1,331 sqftElite Residence, Dubai Marina · 37th floor · completed 2012

3702, Elite Residence

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 2.05M25 February 2013
Current rentAED 126K /yr19 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Elite Residence

What is 3702 worth today?

Last sold for AED 2,050,000 in 2013

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19 Dec 2024RentedRenewal
AED 126,000/yr12 months · AED 94 per sqft
19 Dec 2023RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
28 Nov 2018RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
15 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
1 Apr 2016RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
2 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
2 Apr 2014RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
25 Feb 2013SoldReady
AED 2,050,000AED 1,540 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
37th of 83
Parking
P2-11
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.05M · February 2013

About 3702, Elite Residence

3702 is a two-bedroom apartment of 1,331 sqft on the 37th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 February 2013 for AED 2,050,000, or AED 1,540 per sqft, 14% above the AED 1,354 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 19 December 2024, is AED 126,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 17,400 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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, August 2009: AED 2,686,296 (AED 2,018 per sqft)Sold, December 2012: AED 2,686,296 (AED 2,018 per sqft)Sold, February 2013: AED 2,050,000 (AED 1,540 per sqft)

3702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3702, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical 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, April 2014: AED 150,000 a yearNew contract, April 2015: AED 150,000 a yearNew contract, April 2016: AED 135,000 a yearNew contract, August 2017: AED 130,000 a yearNew contract, November 2018: AED 110,000 a yearRenewal, December 2023: AED 120,000 a yearRenewal, December 2024: AED 126,000 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 3702 sits

All 198 2-beds →

3702 last sold in February 2013 at AED 1,540 per sqft, 14% above what two-beds in Elite Residence were fetching at the time (AED 1,354). 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. 3702's AED 126,000 is in the lower half 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 37th floor

All 697 units in Elite Residence
Value
37011-bedAED 1.35M · Mar 2025
37031-bedAED 1.7M · Oct 2014
37041-bedAED 1.35M · Jan 2013
37052-bedAED 2.05M · Jun 2013
37061-bedAED 671K · Dec 2012
37071-bedAED 671K · Jan 2013
37082-bedAED 1.01M · Apr 2017
1–7 of 11

3702, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 2,686,296, last on 25 February 2013 for AED 2,050,000 (AED 1,540 per sqft).
  • Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2018 and recovered to AED 126,000 by December 2024.
  • At AED 126,000 a year the gross yield on the 2013 price is 6.2%, 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 19 December 2024.

Questions about 3702, Elite Residence

What did unit 3702 last sell for?

AED 2,050,000 on 25 February 2013: AED 1,540 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 2,686,296 in August 2009.

What is the rent for unit 3702?

AED 126,000 a year on the contract renewed on 19 December 2024. The previous contract, from December 2023, was AED 120,000; the unit has been rented since April 2014.

How big is unit 3702?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 37th floor of a 83-storey tower completed in 2012.

What is unit 3702 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 3702, Elite Residence

Starts from the last sale price (AED 2.05M, 25 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →