1-bed · 960 sqftElite Residence, Dubai Marina · 44th floor · completed 2012

4401, Elite Residence

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4401 · DLD and Ejari recordsUpdated 30 October 2022
Last soldAED 1.36M7 November 2012
Current rentAED 77K /yr30 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4401, Elite Residence

What is 4401 worth today?

Last sold for AED 1,364,707 in 2012

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30 Oct 2022RentedRenewal
AED 77,478/yr48 months · AED 81 per sqft
30 Oct 2021RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
28 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
16 Oct 2014RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
13 Sep 2013RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
7 Nov 2012SoldReady
AED 1,364,707AED 1,420 per sqft
13 Sep 2012RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
10 Aug 2009Sold by developerOff-plan
AED 1,364,707AED 1,420 per sqft

Source: Dubai Land Department. Updated 30 October 2022.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
44th of 83
Parking
B2-65
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.36M · November 2012

About 4401, Elite Residence

4401 is a one-bedroom apartment of 960 sqft on the 44th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 November 2012 for AED 1,364,707, or AED 1,420 per sqft, 10% above the AED 1,296 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 30 October 2022, is AED 77,478 a year: a gross yield of 5.7% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 4401 over time

Sales
Unit 4401, 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 1,364,707 (AED 1,420 per sqft)Sold, November 2012: AED 1,364,707 (AED 1,420 per sqft)

4401 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4401, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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 2012: AED 80,000 a yearRenewal, September 2013: AED 80,000 a yearNew contract, October 2014: AED 95,000 a yearNew contract, August 2017: AED 85,000 a yearNew contract, October 2021: AED 65,000 a yearRenewal, October 2022: AED 77,478 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 4401 sits

All 416 1-beds →

4401 last sold in November 2012 at AED 1,420 per sqft, 10% above what one-beds in Elite Residence were fetching at the time (AED 1,296). 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. 4401's AED 77,478 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 44th floor

All 697 units in Elite Residence
Value
44022-bedAED 2.4M · Apr 2014
44031-bedAED 1.43M · Mar 2023
44041-bedAED 1.33M · Jan 2013
44052-bedAED 2.05M · Jan 2025
44061-bedAED 1.2M · Sep 2013
44071-bedAED 1.1M · Sep 2016
44082-bedAED 1.68M · Jun 2024
1–7 of 11

4401, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 1,364,707, last on 7 November 2012 for AED 1,364,707 (AED 1,420 per sqft).
  • Rented since September 2012 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 77,478 by October 2022.
  • At AED 77,478 a year the gross yield on the 2012 price is 5.7%, 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 30 October 2022.

Questions about 4401, Elite Residence

What did unit 4401 last sell for?

AED 1,364,707 on 7 November 2012: AED 1,420 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,364,707 in August 2009.

What is the rent for unit 4401?

AED 77,478 a year on the contract renewed on 30 October 2022. The previous contract, from October 2021, was AED 65,000; the unit has been rented since September 2012.

How big is unit 4401?

960 sqft (89.2 sqm): a one-bedroom apartment on the 44th floor of a 83-storey tower completed in 2012.

What is unit 4401 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 4401, Elite Residence

Starts from the last sale price (AED 1.36M, 7 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,364,707
Deposit, UAE resident (20%)
AED 272,941
Deposit, non-resident (40%)
AED 545,883
Monthly over 25 years at 3.7%
AED 5,583

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