2-bed · 1,331 sqftElite Residence, Dubai Marina · 40th floor · completed 2012

4011, Elite Residence

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4011 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.9M9 February 2014
Current rentAED 140K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4011, Elite Residence

What is 4011 worth today?

Last sold for AED 1,900,000 in 2014

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1 Feb 2026RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
1 Feb 2025RentedRenewal
AED 155,000/yr12 months · AED 116 per sqft
1 Feb 2025RentedRenewal
AED 155,000/yr12 months · AED 116 per sqft
1 Aug 2024RentedRenewal
AED 170,000/yr6 months · AED 127 per sqft
1 Aug 2024RentedRenewal
AED 170,000/yr6 months · AED 127 per sqft
1 Feb 2024RentedRenewal
AED 170,000/yr6 months · AED 127 per sqft
1 Feb 2024RentedRenewal
AED 170,000/yr6 months · AED 127 per sqft
1 Aug 2023RentedRenewal
AED 170,000/yr6 months · AED 127 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
40th of 83
Parking
P2-79
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.9M · February 2014

About 4011, Elite Residence

4011 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 9 February 2014 for AED 1,900,000, or AED 1,427 per sqft, in line with the AED 1,427 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 11 Ejari contracts. The current contract, signed on 1 February 2026, is AED 140,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4011 over time

Sales
Unit 4011, 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 1,922,407 (AED 1,444 per sqft)Sold, July 2013: AED 1,922,407 (AED 1,444 per sqft)Sold, February 2014: AED 1,900,000 (AED 1,427 per sqft)

4011 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4011, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical 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, January 2020: AED 85,000 a yearNew contract, February 2022: AED 115,000 a yearNew contract, August 2022: AED 110,000 a yearRenewal, August 2023: AED 170,000 a yearRenewal, February 2024: AED 170,000 a yearRenewal, February 2024: AED 170,000 a yearRenewal, August 2024: AED 170,000 a yearRenewal, August 2024: AED 170,000 a yearRenewal, February 2025: AED 155,000 a yearRenewal, February 2025: AED 155,000 a yearNew contract, February 2026: AED 140,000 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 4011 sits

All 208 2-beds →

4011 last sold in February 2014 at AED 1,427 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 4011's AED 140,000 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
40052-bedAED 1.9M · Jan 2017
40061-bedAED 1.27M · Feb 2025
40071-bedAED 1.44M · Jul 2024
1–7 of 11

4011, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 1,922,407, last on 9 February 2014 for AED 1,900,000 (AED 1,427 per sqft).
  • Rented since January 2020 on 11 Ejari contracts, from AED 85,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 7.4%, 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 1 February 2026.

Questions about 4011, Elite Residence

What did unit 4011 last sell for?

AED 1,900,000 on 9 February 2014: AED 1,427 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 1,922,407 in August 2009.

What is the rent for unit 4011?

AED 140,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 155,000; the unit has been rented since January 2020.

How big is unit 4011?

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 4011 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 4011, Elite Residence

Starts from the last sale price (AED 1.9M, 9 February 2014). 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 →