1-bed · 737 sqftElite Residence, Dubai Marina · 44th floor · completed 2012

4409, Elite Residence

Sold prices and rental history: sold 4 times, last in August 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4409 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.08M31 August 2016
Current rentAED 80K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4409, Elite Residence

What is 4409 worth today?

Last sold for AED 1,075,000 in 2016

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1 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 109 per sqft
1 Nov 2023RentedRenewal
AED 74,000/yr12 months · AED 101 per sqft
1 Nov 2022RentedRenewal
AED 62,000/yr12 months · AED 85 per sqft
1 Nov 2021RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
1 Nov 2020RentedRenewal
AED 46,500/yr12 months · AED 64 per sqft
1 Nov 2019RentedRenewal
AED 72,000/yr12 months · AED 98 per sqft
1 Nov 2018RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
1 Nov 2017RentedRenewal
AED 85,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
44th of 83
Parking
P2-68
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.08M · August 2016

About 4409, Elite Residence

4409 is a one-bedroom apartment of 737 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 31 August 2016 for AED 1,075,000, or AED 1,459 per sqft, 3% above the AED 1,416 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 80,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 9,700 a year.

Sales and rents for 4409 over time

Sales
Unit 4409, 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 1,211,102 (AED 1,643 per sqft)Sold, July 2013: AED 1,045,000 (AED 1,418 per sqft)Sold, July 2013: AED 1,211,102 (AED 1,643 per sqft)Sold, August 2016: AED 1,075,000 (AED 1,459 per sqft)

4409 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4409, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, November 2016: AED 85,000 a yearRenewal, November 2017: AED 85,000 a yearRenewal, November 2018: AED 75,000 a yearRenewal, November 2019: AED 72,000 a yearRenewal, November 2020: AED 46,500 a yearRenewal, November 2021: AED 55,000 a yearRenewal, November 2022: AED 62,000 a yearRenewal, November 2023: AED 74,000 a yearRenewal, November 2024: AED 80,000 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 4409 sits

All 416 1-beds →

4409 last sold in August 2016 at AED 1,459 per sqft, 3% above what one-beds in Elite Residence were fetching at the time (AED 1,416). 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. 4409's AED 80,000 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
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

4409, Elite Residence in numbers

  • Sold 4 times: first on 10 August 2009 for AED 1,211,102, last on 31 August 2016 for AED 1,075,000 (AED 1,459 per sqft).
  • Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 46,500 in 2020 and recovered to AED 80,000 by November 2024.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 9,700 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 1 November 2024.

Questions about 4409, Elite Residence

What did unit 4409 last sell for?

AED 1,075,000 on 31 August 2016: AED 1,459 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 1,211,102 in August 2009.

What is the rent for unit 4409?

AED 80,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 74,000; the unit has been rented since November 2016.

How big is unit 4409?

737 sqft (68.5 sqm): a one-bedroom apartment on the 44th floor of a 83-storey tower completed in 2012.

What is unit 4409 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 4409, Elite Residence

Starts from the last sale price (AED 1.08M, 31 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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