Elite 3 Sports Residence — sale prices & transaction history

Elite 3 Sports Residence sale prices by bedroom

Median recorded prices for Elite 3 Sports Residence by bedroom count. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 777 recorded transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

A bedroom type with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — very large units are held out of the table for the same reason.

Most recent Elite 3 Sports Residence transactions

The newest individual recorded transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in Elite 3 Sports Residence

• A lower price is not always a discount. Every bedroom type here spans several layouts, so a sale below its row's median may simply be a smaller layout sold under the same bedroom label.
• Running costs on a vacant unit. In Dubai the service charge is set per building, charged by floor area and due whether or not the unit is let, so a vacant spell or a rise in the charge can push a marginal owner toward selling.
• Mortgage resets. When a fixed-rate period ends, an owner's monthly repayment can rise sharply, and an owner who cannot absorb the new rate may sell rather than refinance.
• Life events. A job move abroad, a separation or an estate settlement sets a sale date that ignores the market, and the seller facing it usually takes the best offer that arrives in time.

What to check before you offer on Elite 3 Sports Residence

• Confirm the registered name before comparing prices. "Elite Residences 3" is a separate register from the other numbered Elite buildings in the district, and a sale in one of them is not evidence for this one.
• Check the period printed beside each row before using its figure. Rows are priced on the most recent period that holds enough sales, so a figure from an older period can sit well away from today's market.
• Check the unit's floor area against its row's median size, whatever the bedroom count. Sales in every tier here span several layouts, so the median price for a bedroom type can belong to a different layout from the unit being offered.
• Ask for the current service charge per square foot and the last two years of it. In Dubai it is set per building and reviewed annually, and a rise of a dirham or two per square foot moves a mid-size flat's running cost by thousands a year.
• Ask which register the unit sits on. A completed home changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

Elite 3 Sports Residence — common questions

Is this the same register as the other numbered Elite buildings?

No. The Land Department keeps separate registers for the numbered Elite buildings in the district, among them "Elite Residence 1", "ELITE RESIDENCES 2", "Elite Residences 4" and "Elite 5 Sports Residence". This page covers the one filed as "Elite Residences 3" only.

Is the price data on this page asking prices or actual sales?

Actual sales. Every figure comes from the Dubai Land Department's record of completed transactions — the price recorded when ownership legally changed hands.

Why does the table stop at two bedrooms?

Because the Land Department has recorded no sale of a larger apartment in Elite 3 Sports Residence, and the table shows a row only for a bedroom type that has sold.

Can I tell from this data whether a unit is selling below its original price?

No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same apartment.

How current is this register?

The page states the date of the most recent recorded sale it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.