1-bed · 959 sqftElite Residence, Dubai Marina · 40th floor · completed 2012

4007, Elite Residence

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4007 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 1.44M26 July 2024
Current rentAED 90K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4007, Elite Residence

What is 4007 worth today?

Last sold for AED 1,437,242 in 2024

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4 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
26 Jul 2024SoldReady
AED 1,437,242AED 1,498 per sqft
25 Nov 2022RentedNew contract
AED 98,000/yr12 months · AED 102 per sqft
25 Oct 2021RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
15 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
10 Jan 2018RentedNew contract
AED 88,000/yr12 months · AED 92 per sqft
12 Dec 2016RentedNew contract
AED 88,000/yr12 months · AED 92 per sqft
5 Dec 2014RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
40th of 83
Parking
P2-58
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.44M · July 2024

About 4007, Elite Residence

4007 is a one-bedroom apartment of 959 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 26 July 2024 for AED 1,437,242, or AED 1,498 per sqft, in line with the AED 1,493 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 4 December 2025, is AED 90,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 4007 over time

Sales
Unit 4007, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, August 2009: AED 1,276,798 (AED 1,330 per sqft)Sold, July 2013: AED 1,276,798 (AED 1,330 per sqft)Sold, October 2013: AED 650,000 (AED 677 per sqft)Sold, July 2024: AED 1,437,242 (AED 1,498 per sqft)

4007 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4007, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, December 2013: AED 90,000 a yearNew contract, December 2014: AED 95,000 a yearNew contract, December 2016: AED 88,000 a yearNew contract, January 2018: AED 88,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, October 2021: AED 63,000 a yearNew contract, November 2022: AED 98,000 a yearNew contract, December 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Elite Residence, and where 4007 sits

All 416 1-beds →

4007 last sold in July 2024 at AED 1,498 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,493). Over the last 12 months one-beds sold for AED 1,065,000 to 1,530,677, around AED 1,547 per sqft, and rent for AED 36,725 to 159,000 a year. 4007's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-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
40052-bedAED 1.9M · Jan 2017
40061-bedAED 1.27M · Feb 2025
40082-bedAED 2.12M · Feb 2024
1–7 of 11

4007, Elite Residence in numbers

  • Sold 4 times: first on 10 August 2009 for AED 1,276,798, last on 26 July 2024 for AED 1,437,242 (AED 1,498 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 63,000 in 2021 and recovered to AED 90,000 by December 2025.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,065,000–1,530,677 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 4 December 2025.

Questions about 4007, Elite Residence

What did unit 4007 last sell for?

AED 1,437,242 on 26 July 2024: AED 1,498 per sqft for 959 sqft. The unit has 4 registered sales; the first was AED 1,276,798 in August 2009.

What is the rent for unit 4007?

AED 90,000 a year on the contract signed on 4 December 2025. The previous contract, from November 2022, was AED 98,000; the unit has been rented since December 2013.

How big is unit 4007?

959 sqft (89.1 sqm): a one-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.

What is unit 4007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,065,000 to 1,530,677 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 4007, Elite Residence

Starts from the last sale price (AED 1.44M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,437,242
Deposit, UAE resident (20%)
AED 287,448
Deposit, non-resident (40%)
AED 574,897
Monthly over 25 years at 3.7%
AED 5,880

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