2-bed · 1,331 sqftElite Residence, Dubai Marina · 41st floor · completed 2012

4108, Elite Residence

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4108 · DLD and Ejari recordsUpdated 5 January 2022
Last soldAED 1.9M20 November 2014
Current rentAED 77K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4108, Elite Residence

What is 4108 worth today?

Last sold for AED 1,900,899 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jan 2022RentedRenewal
AED 76,789/yr9 months · AED 58 per sqft
5 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
5 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
1 Sep 2017RentedRenewal
AED 126,000/yr12 months · AED 94 per sqft
1 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
20 Nov 2014SoldReady
AED 1,900,899AED 1,428 per sqft
1 Sep 2014RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
1 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 5 January 2022.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
41st of 83
Parking
B2-76
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.9M · November 2014

About 4108, Elite Residence

4108 is a two-bedroom apartment of 1,331 sqft on the 41st floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 November 2014 for AED 1,900,899, or AED 1,428 per sqft, 10% below the AED 1,593 two-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 January 2022, is AED 76,789 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4108 over time

Sales
Unit 4108, 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 2,353,989 (AED 1,769 per sqft)Sold, December 2012: AED 2,353,989 (AED 1,769 per sqft)Sold, November 2014: AED 1,900,899 (AED 1,428 per sqft)

4108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4108, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical 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, September 2013: AED 110,000 a yearRenewal, September 2014: AED 110,000 a yearNew contract, September 2016: AED 120,000 a yearRenewal, September 2017: AED 126,000 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 70,000 a yearRenewal, January 2022: AED 76,789 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 4108 sits

All 208 2-beds →

4108 last sold in November 2014 at AED 1,428 per sqft, 10% below what two-beds in Elite Residence were fetching at the time (AED 1,593). 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. 4108's AED 76,789 is at the bottom 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 41st floor

All 697 units in Elite Residence
Value
41011-bedAED 1.18M · Feb 2025
41022-bedAED 2.71M · Mar 2013
41031-bedAED 1.64M · Feb 2013
41041-bedAED 1.7M · Jan 2018
41052-bedAED 2.3M · Nov 2012
41061-bedAED 750K · Feb 2021
41071-bedAED 1M · Mar 2013
1–7 of 11

4108, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 2,353,989, last on 20 November 2014 for AED 1,900,899 (AED 1,428 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 110,000 to AED 76,789 a year.
  • At AED 76,789 a year the gross yield on the 2014 price is 4.0%, 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 5 January 2022.

Questions about 4108, Elite Residence

What did unit 4108 last sell for?

AED 1,900,899 on 20 November 2014: AED 1,428 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 2,353,989 in August 2009.

What is the rent for unit 4108?

AED 76,789 a year on the contract renewed on 5 January 2022. The previous contract, from January 2021, was AED 70,000; the unit has been rented since September 2013.

How big is unit 4108?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 41st floor of a 83-storey tower completed in 2012.

What is unit 4108 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.

Selling 4108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4108, Elite Residence

Starts from the last sale price (AED 1.9M, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,899
Deposit, UAE resident (20%)
AED 380,180
Deposit, non-resident (40%)
AED 760,360
Monthly over 25 years at 3.7%
AED 7,777

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