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1-bed · 480 sqftElite Residence, Dubai Marina · 45th floor · completed 2012

4506, Elite Residence

Sold prices and rental history: sold 3 times, last in October 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4506 · DLD and Ejari recordsUpdated 19 October 2014
Last soldAED 1.3M19 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4506, Elite Residence

What is 4506 worth today?

Last sold for AED 1,300,000 in 2014

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19 Oct 2014SoldReady
AED 1,300,000AED 2,707 per sqft
17 Oct 2012SoldReady
AED 1,367,830AED 1,424 per sqft
10 Aug 2009Sold by developerOff-plan
AED 1,367,830AED 1,424 per sqft

Source: Dubai Land Department. Updated 19 October 2014.

Key facts

Type
1-bed apartment
Size
480 sqft
Floor
45th of 83
Parking
P2-29
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 6,300 /yr
Last sold
AED 1.3M · October 2014
Building
Elite Residence

About 4506, Elite Residence

4506 is a one-bedroom apartment of 480 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 19 October 2014 for AED 1,300,000, or AED 2,707 per sqft, 60% above the AED 1,696 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4506 over time

Sales
Unit 4506, 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 1,367,830 (AED 1,424 per sqft)Sold, October 2012: AED 1,367,830 (AED 1,424 per sqft)Sold, October 2014: AED 1,300,000 (AED 2,707 per sqft)

4506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4506, 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 82,000

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 4506 sits

All 416 1-beds →

4506 last sold in October 2014 at AED 2,707 per sqft, 60% above what one-beds in Elite Residence were fetching at the time (AED 1,696). 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.

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 45th floor

All 697 units in Elite Residence
Value
45011-bedAED 1.5M · Jun 2014
45022-bedAED 1.45M · Apr 2021
45031-bedAED 1.65M · Apr 2013
45041-bedAED 1.65M · Dec 2012
45052-bedAED 2.27M · Sep 2026
45071-bedAED 1.4M · Oct 2024
45082-bedAED 1.87M · Jan 2026
1–7 of 11

4506, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 1,367,830, last on 19 October 2014 for AED 1,300,000 (AED 2,707 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 19 October 2014.

Questions about 4506, Elite Residence

What did unit 4506 last sell for?

AED 1,300,000 on 19 October 2014: AED 2,707 per sqft for 480 sqft. The unit has 3 registered sales; the first was AED 1,367,830 in August 2009.

How big is unit 4506?

480 sqft (44.6 sqm): a one-bedroom apartment on the 45th floor of a 83-storey tower completed in 2012.

What is unit 4506 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 4506, Elite Residence

Starts from the last sale price (AED 1.3M, 19 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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