4008, Elite Residence
Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4008, Elite Residence
What is 4008 worth today?
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Source: Dubai Land Department. Updated 19 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 40th of 83
- Parking
- P2-50
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.12M · February 2024
- Building
- Elite Residence
About 4008, Elite Residence
4008 is a two-bedroom apartment of 1,331 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 19 February 2024 for AED 2,116,130, or AED 1,590 per sqft, 21% above the AED 1,318 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 75,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4008 over time
4008 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 4008 sits
All 208 2-beds →4008 last sold in February 2024 at AED 1,590 per sqft, 21% above what two-beds in Elite Residence were fetching at the time (AED 1,318). 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. 4008's AED 75,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
Elite Residence
Building697 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%
Other units on the 40th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 960 sqft | AED 1.23MAED 1,225,000 · Apr 2024April 2024 | 75,000 /yr | |
| 4002 | 2-bed | 1,331 sqft | AED 2.48MAED 2,480,000 · Dec 2015December 2015 | 115,500 /yr | |
| 4003 | 1-bed | 801 sqft | AED 1.9MAED 1,900,000 · Jan 2014January 2014 | ||
| 4004 | 1-bed | 802 sqft | AED 1.1MAED 1,100,000 · Oct 2024October 2024 | 73,500 /yr | |
| 4005 | 2-bed | 1,330 sqft | AED 1.9MAED 1,900,000 · Jan 2017January 2017 | 135,000 /yr | |
| 4006 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Feb 2025February 2025 | 50,000 /yr | |
| 4007 | 1-bed | 959 sqft | AED 1.44MAED 1,437,242 · Jul 2024July 2024 | 90,000 /yr | |
| 4009 | 1-bed | 737 sqft | AED 1.08MAED 1,080,000 · Sep 2013September 2013 | 68,000 /yr | |
| 4010 | 1-bed | 737 sqft | AED 1.14MAED 1,140,000 · Sep 2013September 2013 | 60,500 /yr | |
| 4011 | 2-bed | 1,331 sqft | AED 1.9MAED 1,900,000 · Feb 2014February 2014 | 140,000 /yr | |
| 4012 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Sep 2017September 2017 | 59,000 /yr |
4008, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 1,915,626, last on 19 February 2024 for AED 2,116,130 (AED 1,590 per sqft).
- Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 137,000 to AED 68,000 in 2022 and recovered to AED 75,000 by June 2023.
- At AED 75,000 a year the gross yield on the 2024 price is 3.5%, 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 19 February 2024.
Questions about 4008, Elite Residence
What did unit 4008 last sell for?
AED 2,116,130 on 19 February 2024: AED 1,590 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 1,915,626 in August 2009.
What is the rent for unit 4008?
AED 75,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 68,000; the unit has been rented since August 2015.
How big is unit 4008?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.
What is unit 4008 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.
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Mortgage on 4008, Elite Residence
Starts from the last sale price (AED 2.12M, 19 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,116,130
- Deposit, UAE resident (20%)
- AED 423,226
- Deposit, non-resident (40%)
- AED 846,452
- Monthly over 25 years at 3.7%
- AED 8,658
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →