2-bed · 1,330 sqftElite Residence, Dubai Marina · 40th floor · completed 2012

4005, Elite Residence

Sold prices and rental history: sold 3 times, last in January 2017, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 1.9M24 January 2017
Current rentAED 135K /yr21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Elite Residence

What is 4005 worth today?

Last sold for AED 1,900,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
21 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
24 Jan 2017SoldReady
AED 1,900,000AED 1,428 per sqft
18 Jul 2013SoldReady
AED 2,554,168AED 1,920 per sqft
10 Aug 2009Sold by developerOff-plan
AED 2,554,168AED 1,920 per sqft

Source: Dubai Land Department. Updated 21 February 2025.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
40th of 83
Parking
B2-48
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.9M · January 2017

About 4005, Elite Residence

4005 is a two-bedroom apartment of 1,330 sqft on the 40th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 January 2017 for AED 1,900,000, or AED 1,428 per sqft, 10% above the AED 1,297 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 21 February 2025, is AED 135,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4005 over time

Sales
Unit 4005, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, August 2009: AED 2,554,168 (AED 1,920 per sqft)Sold, July 2013: AED 2,554,168 (AED 1,920 per sqft)Sold, January 2017: AED 1,900,000 (AED 1,428 per sqft)

4005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4005, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, February 2025: AED 135,000 a yearNew contract, February 2025: AED 135,000 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 4005 sits

All 208 2-beds →

4005 last sold in January 2017 at AED 1,428 per sqft, 10% above what two-beds in Elite Residence were fetching at the time (AED 1,297). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 4005's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 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. 39 sold in the last 12 months.

Typical price per sqft
AED 1,445 Up 1.3%
Typical sale
AED 1.53M
Typical rent
AED 94K /yr
Typical yield
6.6%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 40th floor

All 697 units in Elite Residence
Value
40011-bedAED 1.23M · Apr 2024
40022-bedAED 2.48M · Dec 2015
40031-bedAED 1.9M · Jan 2014
40041-bedAED 1.1M · Oct 2024
40061-bedAED 1.27M · Feb 2025
40071-bedAED 1.44M · Jul 2024
40082-bedAED 2.12M · Feb 2024
1–7 of 11

4005, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 2,554,168, last on 24 January 2017 for AED 1,900,000 (AED 1,428 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.

Source: Dubai Land Department. Updated 21 February 2025.

Questions about 4005, Elite Residence

What did unit 4005 last sell for?

AED 1,900,000 on 24 January 2017: AED 1,428 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 2,554,168 in August 2009.

What is the rent for unit 4005?

AED 135,000 a year on the contract signed on 21 February 2025. The previous contract, from February 2025, was AED 135,000.

How big is unit 4005?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.

What is unit 4005 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 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.

Selling 4005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4005, Elite Residence

Starts from the last sale price (AED 1.9M, 24 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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