7204, Elite Residence
Sold prices and rental history: sold twice, last in October 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7204, Elite Residence
What is 7204 worth today?
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Source: Dubai Land Department. Updated 31 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,177 sqft
- Floor
- 72nd of 83
- Parking
- B1-99,B1-100,B1-15
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 3.8M · October 2013
- Building
- Elite Residence
About 7204, Elite Residence
7204 is a three-bedroom apartment of 3,177 sqft on the 72nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 October 2013 for AED 3,800,000, or AED 1,195 per sqft, 6% below the AED 1,267 three-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 31 March 2025, is AED 184,000 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 41,600 a year.
Sales and rents for 7204 over time
7204 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Elite Residence, and where 7204 sits
All 22 3-beds →7204 last sold in October 2013 at AED 1,195 per sqft, 6% below what three-beds in Elite Residence were fetching at the time (AED 1,267).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Mar 202527 March 2025 | 3,228 sqft | 4,300,000 | 1,332 | ||
| 22 Feb 202422 February 2024 | 3,228 sqft | 2,800,000 | 867 | ||
| 23 Nov 202323 November 2023 | 6,127 sqft | 13,800,000 | 2,252 | ||
| 18 May 202318 May 2023 | 3,177 sqft | 2,699,844 | 849 |
Elite Residence
Building697 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%
Other units on the 72nd floor
All 697 units in Elite Residence7204, Elite Residence in numbers
- Sold twice: first on 9 June 2013 for AED 3,600,000, last on 24 October 2013 for AED 3,800,000 (AED 1,195 per sqft).
- Rented since November 2017 on 3 Ejari contracts, from AED 168,000 to AED 184,000 a year.
- At AED 184,000 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 41,600 a year (AED 13.10 per sqft).
Source: Dubai Land Department. Updated 31 March 2025.
Questions about 7204, Elite Residence
What did unit 7204 last sell for?
AED 3,800,000 on 24 October 2013: AED 1,195 per sqft for 3,177 sqft. The unit has 2 registered sales; the first was AED 3,600,000 in June 2013.
What is the rent for unit 7204?
AED 184,000 a year on the contract renewed on 31 March 2025. The previous contract, from March 2024, was AED 160,000; the unit has been rented since November 2017.
How big is unit 7204?
3,177 sqft (295.2 sqm): a three-bedroom apartment on the 72nd floor of a 83-storey tower completed in 2012.
What is unit 7204 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 7204, Elite Residence
Starts from the last sale price (AED 3.8M, 24 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →