4502, Elite Residence
Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, Elite Residence
What is 4502 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 45th of 83
- Parking
- P2-42
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.45M · April 2021
- Building
- Elite Residence
About 4502, Elite Residence
4502 is a two-bedroom apartment of 1,331 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 25 April 2021 for AED 1,450,000, or AED 1,089 per sqft, 33% above the AED 816 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 October 2024, is AED 138,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4502 over time
4502 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 4502 sits
All 208 2-beds →4502 last sold in April 2021 at AED 1,089 per sqft, 33% above what two-beds in Elite Residence were fetching at the time (AED 816). 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. 4502's AED 138,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
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 | |||||
|---|---|---|---|---|---|
| 4501 | 1-bed | 960 sqft | AED 1.5MAED 1,500,000 · Jun 2014June 2014 | 55,000 /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 |
4502, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 2,736,274, last on 25 April 2021 for AED 1,450,000 (AED 1,089 per sqft).
- Rented since October 2019 on 5 Ejari contracts, from AED 95,000 to AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2021 price is 9.5%, 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 15 October 2024.
Questions about 4502, Elite Residence
What did unit 4502 last sell for?
AED 1,450,000 on 25 April 2021: AED 1,089 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 2,736,274 in August 2009.
What is the rent for unit 4502?
AED 138,000 a year on the contract signed on 15 October 2024. The previous contract, from October 2024, was AED 138,000; the unit has been rented since October 2019.
How big is unit 4502?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 45th floor of a 83-storey tower completed in 2012.
What is unit 4502 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 4502, Elite Residence
Starts from the last sale price (AED 1.45M, 25 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →