737 sqftElite Residence, Dubai Marina · 37th floor · completed 2012

3709, Elite Residence

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

Unit 3709 · DLD and Ejari recordsUpdated 21 March 2020
Last soldAED 1.06M7 May 2013
Current rentAED 60K /yr21 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3709, Elite Residence

What is 3709 worth today?

Last sold for AED 1,058,000 in 2013

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21 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 82 per sqft
1 Nov 2018RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
4 Sep 2015RentedNew contract
AED 95,000/yr12 months · AED 130 per sqft
16 Jul 2014RentedRenewal
AED 88,000/yr12 months · AED 120 per sqft
16 Jul 2013RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
7 May 2013SoldReady
AED 1,058,000AED 1,436 per sqft
16 Apr 2013SoldReady
AED 900,000AED 1,221 per sqft
29 Dec 2012SoldReady
AED 1,191,702AED 1,617 per sqft

Source: Dubai Land Department. Updated 21 March 2020.

Key facts

Type
Apartment
Size
737 sqft
Floor
37th of 83
Parking
B3-11
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.06M · May 2013

About 3709, Elite Residence

3709 is an apartment of 737 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 7 May 2013 for AED 1,058,000, or AED 1,436 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 21 March 2020, is AED 60,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 9,700 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 37th floor

All 697 units in Elite Residence
Value
37011-bedAED 1.35M · Mar 2025
37022-bedAED 2.05M · Feb 2013
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
1–7 of 11

3709, Elite Residence in numbers

  • Sold 4 times: first on 10 August 2009 for AED 1,191,702, last on 7 May 2013 for AED 1,058,000 (AED 1,436 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 9,700 a year (AED 13.10 per sqft).

Source: Dubai Land Department. Updated 21 March 2020.

Questions about 3709, Elite Residence

What did unit 3709 last sell for?

AED 1,058,000 on 7 May 2013: AED 1,436 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 1,191,702 in August 2009.

What is the rent for unit 3709?

AED 60,000 a year on the contract signed on 21 March 2020. The previous contract, from November 2018, was AED 75,000; the unit has been rented since July 2013.

How big is unit 3709?

737 sqft (68.5 sqm): an apartment on the 37th floor of a 83-storey tower completed in 2012.

What is unit 3709 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 3709, Elite Residence

Starts from the last sale price (AED 1.06M, 7 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,000
Deposit, UAE resident (20%)
AED 211,600
Deposit, non-resident (40%)
AED 423,200
Monthly over 25 years at 3.7%
AED 4,329

Plus AED 49,446 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →