4012, Elite Residence
Sold prices and rental history: sold 4 times, last in September 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4012, Elite Residence
What is 4012 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 40th of 83
- Parking
- P2-34
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.3M · September 2017
- Building
- Elite Residence
About 4012, Elite Residence
4012 is a one-bedroom apartment of 960 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 28 September 2017 for AED 1,300,000, or AED 1,354 per sqft, in line with the AED 1,369 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 59,000 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 12,600 a year.
Sales and rents for 4012 over time
4012 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 4012 sits
All 416 1-beds →4012 last sold in September 2017 at AED 1,354 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,369). 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. 4012's AED 59,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
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 | |
| 4008 | 2-bed | 1,331 sqft | AED 2.12MAED 2,116,130 · Feb 2024February 2024 | 75,000 /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, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 1,276,798, last on 28 September 2017 for AED 1,300,000 (AED 1,354 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 96,000 to AED 48,000 in 2020 and recovered to AED 59,000 by November 2023.
- At AED 59,000 a year the gross yield on the 2017 price is 4.5%, 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 15 November 2023.
Questions about 4012, Elite Residence
What did unit 4012 last sell for?
AED 1,300,000 on 28 September 2017: AED 1,354 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,276,798 in August 2009.
What is the rent for unit 4012?
AED 59,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2023, was AED 59,000; the unit has been rented since April 2018.
How big is unit 4012?
960 sqft (89.2 sqm): a one-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.
What is unit 4012 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 4012, Elite Residence
Starts from the last sale price (AED 1.3M, 28 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →