1-bed · 737 sqftElite Residence, Dubai Marina · 40th floor · completed 2012

4010, Elite Residence

Sold prices and rental history: sold 3 times, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4010 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 1.14M15 September 2013
Current rentAED 61K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4010, Elite Residence

What is 4010 worth today?

Last sold for AED 1,140,000 in 2013

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5 Dec 2022RentedRenewal
AED 60,500/yr12 months · AED 83 per sqft
5 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 75 per sqft
1 Dec 2020RentedRenewal
AED 44,000/yr12 months · AED 60 per sqft
1 Dec 2019RentedRenewal
AED 58,000/yr12 months · AED 79 per sqft
1 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 93 per sqft
16 Aug 2015RentedNew contract
AED 92,000/yr12 months · AED 126 per sqft
24 Sep 2013RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
15 Sep 2013SoldReady
AED 1,140,000AED 1,547 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
40th of 83
Parking
P2-67
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.14M · September 2013

About 4010, Elite Residence

4010 is a one-bedroom apartment of 737 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 15 September 2013 for AED 1,140,000, or AED 1,547 per sqft, 11% above the AED 1,399 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 December 2022, is AED 60,500 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for 4010 over time

Sales
Unit 4010, 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 1,133,087 (AED 1,538 per sqft)Sold, July 2013: AED 1,133,087 (AED 1,538 per sqft)Sold, September 2013: AED 1,140,000 (AED 1,547 per sqft)

4010 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4010, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, September 2013: AED 80,000 a yearNew contract, August 2015: AED 92,000 a yearNew contract, December 2018: AED 68,000 a yearRenewal, December 2019: AED 58,000 a yearRenewal, December 2020: AED 44,000 a yearNew contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 60,500 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 4010 sits

All 416 1-beds →

4010 last sold in September 2013 at AED 1,547 per sqft, 11% above what one-beds in Elite Residence were fetching at the time (AED 1,399). 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. 4010's AED 60,500 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
40071-bedAED 1.44M · Jul 2024
1–7 of 11

4010, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 1,133,087, last on 15 September 2013 for AED 1,140,000 (AED 1,547 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 44,000 in 2020 and recovered to AED 60,500 by December 2022.
  • At AED 60,500 a year the gross yield on the 2013 price is 5.3%, before a service charge of about AED 9,700 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 5 December 2022.

Questions about 4010, Elite Residence

What did unit 4010 last sell for?

AED 1,140,000 on 15 September 2013: AED 1,547 per sqft for 737 sqft. The unit has 3 registered sales; the first was AED 1,133,087 in August 2009.

What is the rent for unit 4010?

AED 60,500 a year on the contract renewed on 5 December 2022. The previous contract, from December 2021, was AED 55,000; the unit has been rented since September 2013.

How big is unit 4010?

737 sqft (68.5 sqm): a one-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.

What is unit 4010 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 4010, Elite Residence

Starts from the last sale price (AED 1.14M, 15 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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