2-bed · 1,331 sqftElite Residence, Dubai Marina · 44th floor · completed 2012

4408, Elite Residence

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4408 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.68M14 June 2024
Current rentAED 140K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4408, Elite Residence

What is 4408 worth today?

Last sold for AED 1,680,000 in 2024

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20 Aug 2026RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
1 Aug 2026RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft
20 Aug 2025RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
20 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
20 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
14 Jun 2024SoldReady
AED 1,680,000AED 1,262 per sqft
4 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
4 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
44th of 83
Parking
P2-82
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.68M · June 2024

About 4408, Elite Residence

4408 is a two-bedroom apartment of 1,331 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 14 June 2024 for AED 1,680,000, or AED 1,262 per sqft, 7% below the AED 1,352 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 140,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4408 over time

Sales
Unit 4408, 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, June 2012: AED 1,382,527 (AED 1,039 per sqft)Sold, December 2012: AED 1,382,526 (AED 1,039 per sqft)Sold, March 2013: AED 1,365,000 (AED 1,025 per sqft)Sold, June 2024: AED 1,680,000 (AED 1,262 per sqft)

4408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4408, each contractTypical two-bed in Elite Residence
50K100K150K2012201620202024Typical 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, July 2013: AED 100,000 a yearNew contract, November 2017: AED 100,000 a yearNew contract, December 2018: AED 90,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, January 2022: AED 70,000 a yearNew contract, August 2024: AED 125,000 a yearNew contract, August 2024: AED 125,000 a yearNew contract, August 2025: AED 125,000 a yearRenewal, August 2026: AED 140,000 a yearNew contract, August 2026: AED 115,000 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 4408 sits

All 208 2-beds →

4408 last sold in June 2024 at AED 1,262 per sqft, 7% below what two-beds in Elite Residence were fetching at the time (AED 1,352). 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. 4408'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 44th floor

All 697 units in Elite Residence
Value
44011-bedAED 1.36M · Nov 2012
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
1–7 of 11

4408, Elite Residence in numbers

  • Sold 4 times: first on 11 June 2012 for AED 1,382,527, last on 14 June 2024 for AED 1,680,000 (AED 1,262 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 140,000 by August 2026.
  • At AED 140,000 a year the gross yield on the 2024 price is 8.3%, 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 20 August 2026.

Questions about 4408, Elite Residence

What did unit 4408 last sell for?

AED 1,680,000 on 14 June 2024: AED 1,262 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 1,382,527 in June 2012.

What is the rent for unit 4408?

AED 140,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2026, was AED 115,000; the unit has been rented since July 2013.

How big is unit 4408?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 44th floor of a 83-storey tower completed in 2012.

What is unit 4408 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 4408, Elite Residence

Starts from the last sale price (AED 1.68M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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