4501, Elite Residence
Sold prices and rental history: sold 3 times, last in June 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4501, Elite Residence
What is 4501 worth today?
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Source: Dubai Land Department. Updated 20 July 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 45th of 83
- Parking
- P2-08
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.5M · June 2014
- Building
- Elite Residence
About 4501, Elite Residence
4501 is a one-bedroom apartment of 960 sqft on the 45th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 2 June 2014 for AED 1,500,000, or AED 1,561 per sqft, 7% above the AED 1,457 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 20 July 2021, is AED 55,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 12,600 a year.
Sales and rents for 4501 over time
4501 has sold 3 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 4501 sits
All 416 1-beds →4501 last sold in June 2014 at AED 1,561 per sqft, 7% above what one-beds in Elite Residence were fetching at the time (AED 1,457). 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. 4501's AED 55,000 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 45th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4502 | 2-bed | 1,331 sqft | AED 1.45MAED 1,450,000 · Apr 2021April 2021 | 138,000 /yr | |
| 4503 | 1-bed | 801 sqft | AED 1.65MAED 1,650,000 · Apr 2013April 2013 | 95,000 /yr | |
| 4504 | 1-bed | 802 sqft | AED 1.65MAED 1,654,983 · Dec 2012December 2012 | ||
| 4505 | 2-bed | 1,330 sqft | AED 2.27MAED 2,270,000 · Sep 2026September 2026 | 150,000 /yr | |
| 4506 | 1-bed | 480 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | ||
| 4507 | 1-bed | 959 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 103,000 /yr | |
| 4508 | 2-bed | 1,331 sqft | AED 1.87MAED 1,865,000 · Jan 2026January 2026 | 136,500 /yr | |
| 4509 | 1-bed | 737 sqft | AED 1.13MAED 1,130,000 · Jan 2023January 2023 | 90,000 /yr | |
| 4510 | 1-bed | 737 sqft | AED 1.13MAED 1,125,000 · Feb 2024February 2024 | 70,000 /yr | |
| 4511 | 2-bed | 1,331 sqft | AED 2.38MAED 2,375,684 · Dec 2012December 2012 | 100,000 /yr | |
| 4512 | 1-bed | 960 sqft | AED 1.31MAED 1,314,407 · Sep 2012September 2012 | 105,000 /yr |
4501, Elite Residence in numbers
- Sold 3 times: first on 10 August 2009 for AED 1,367,830, last on 2 June 2014 for AED 1,500,000 (AED 1,561 per sqft).
- Rented since May 2014 on 3 Ejari contracts, from AED 88,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2014 price is 3.7%, 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 20 July 2021.
Questions about 4501, Elite Residence
What did unit 4501 last sell for?
AED 1,500,000 on 2 June 2014: AED 1,561 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,367,830 in August 2009.
What is the rent for unit 4501?
AED 55,000 a year on the contract signed on 20 July 2021. The previous contract, from May 2019, was AED 75,000; the unit has been rented since May 2014.
How big is unit 4501?
960 sqft (89.2 sqm): a one-bedroom apartment on the 45th floor of a 83-storey tower completed in 2012.
What is unit 4501 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 4501, Elite Residence
Starts from the last sale price (AED 1.5M, 2 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →