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3-bed · 3,228 sqftElite Residence, Dubai Marina · 73rd floor · completed 2012

7301, Elite Residence

Sold prices and rental history: sold twice, 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 7301 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 7.03M4 March 2013
Current rentAED 275K /yr6 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7301, Elite Residence

What is 7301 worth today?

Last sold for AED 7,034,987 in 2013

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6 May 2025RentedRenewal
AED 275,000/yr12 months · AED 85 per sqft
6 May 2024RentedNew contract
AED 275,000/yr12 months · AED 85 per sqft
24 Jun 2022RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
24 Jun 2021RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
5 Oct 2018RentedRenewal
AED 300,000/yr24 months · AED 93 per sqft
5 Oct 2017RentedNew contract
AED 300,000/yr12 months · AED 93 per sqft
30 May 2016RentedRenewal
AED 210,000/yr12 months · AED 65 per sqft
31 May 2015RentedRenewal
AED 209,437/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 6 May 2025.

Key facts

Type
3-bed apartment
Size
3,228 sqft
Floor
73rd of 83
Parking
B1-89
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,300 /yr
Last sold
AED 7.03M · March 2013
Building
Elite Residence

About 7301, Elite Residence

7301 is a three-bedroom apartment of 3,228 sqft on the 73rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 March 2013 for AED 7,034,987, or AED 2,179 per sqft, 40% above the AED 1,561 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 6 May 2025, is AED 275,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 42,300 a year.

Sales and rents for 7301 over time

Sales
Unit 7301, each saleTypical three-bed in Elite Residence
4M6M2009201320172021Typical sale price by year: 2009 AED 6,985,211; 2012 AED 4,200,000; 2013 AED 3,750,000; 2017 AED 6,000,000; 2021 AED 3,600,000Sold by developer, August 2009: AED 7,034,987 (AED 2,179 per sqft)Sold, March 2013: AED 7,034,987 (AED 2,179 per sqft)

7301 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7301, each contractTypical three-bed in Elite Residence
200K300K2013201720212025Typical rent by year: 2013 AED 240,000; 2014 AED 245,000; 2015 AED 245,000; 2016 AED 245,000; 2017 AED 240,000; 2018 AED 230,310; 2019 AED 170,000; 2020 AED 210,000; 2021 AED 175,000; 2022 AED 200,000; 2023 AED 205,000; 2024 AED 237,500; 2025 AED 240,000New contract, June 2013: AED 200,000 a yearRenewal, June 2014: AED 200,539 a yearRenewal, May 2015: AED 209,437 a yearRenewal, May 2016: AED 210,000 a yearNew contract, October 2017: AED 300,000 a yearRenewal, October 2018: AED 300,000 a yearNew contract, June 2021: AED 175,000 a yearRenewal, June 2022: AED 175,000 a yearNew contract, May 2024: AED 275,000 a yearRenewal, May 2025: AED 275,000 a year

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 7301 sits

All 22 3-beds →

7301 last sold in March 2013 at AED 2,179 per sqft, 40% above what three-beds in Elite Residence were fetching at the time (AED 1,561).

Recent 3-bed salesUnit no.Price (AED)Summary
27 Mar 20254,300,000
22 Feb 20242,800,000
23 Nov 202313,800,000
18 May 20232,699,844
0 3-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 73rd floor

All 697 units in Elite Residence
Value
73023-bedAED 7.03M · May 2013
73033-bedAED 3.8M · Jul 2017
73043-bedAED 5.8M · Jul 2009

7301, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 7,034,987, last on 4 March 2013 for AED 7,034,987 (AED 2,179 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 175,000 in 2022 and recovered to AED 275,000 by May 2025.
  • At AED 275,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 42,300 a year (AED 13.10 per sqft).

Source: Dubai Land Department. Updated 6 May 2025.

Questions about 7301, Elite Residence

What did unit 7301 last sell for?

AED 7,034,987 on 4 March 2013: AED 2,179 per sqft for 3,228 sqft. The unit has 2 registered sales; the first was AED 7,034,987 in August 2009.

What is the rent for unit 7301?

AED 275,000 a year on the contract renewed on 6 May 2025. The previous contract, from May 2024, was AED 275,000; the unit has been rented since June 2013.

How big is unit 7301?

3,228 sqft (299.9 sqm): a three-bedroom apartment on the 73rd floor of a 83-storey tower completed in 2012.

What is unit 7301 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 7301, Elite Residence

Starts from the last sale price (AED 7.03M, 4 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 7,034,987
Deposit, UAE resident (20%)
AED 1,406,997
Deposit, non-resident (40%)
AED 2,813,995
Monthly over 25 years at 3.7%
AED 28,782

Plus AED 300,479 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →