1-bed · 960 sqftElite Residence, Dubai Marina · 46th floor · completed 2012

4601, Elite Residence

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4601 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 2.3M31 January 2024
Current rentAED 105K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4601, Elite Residence

What is 4601 worth today?

Last sold for AED 2,300,000 in 2024

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31 Jan 2024SoldReady
AED 2,300,000AED 2,394 per sqft
1 Nov 2023RentedNew contract
AED 105,000/yr12 months · AED 109 per sqft
7 Dec 2022RentedRenewal
AED 63,000/yr6 months · AED 66 per sqft
18 May 2022SoldReady
AED 850,000AED 884 per sqft
7 Dec 2021RentedNew contract
AED 57,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedRenewal
AED 75,000/yr3 months · AED 78 per sqft
1 Oct 2018RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
46th of 83
Parking
B2-06
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 2.3M · January 2024

About 4601, Elite Residence

4601 is a one-bedroom apartment of 960 sqft on the 46th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 31 January 2024 for AED 2,300,000, or AED 2,394 per sqft, 77% above the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 November 2023, is AED 105,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 4601 over time

Sales
Unit 4601, each saleTypical one-bed in Elite Residence
1M2M2009201420192024Typical 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 1,370,953 (AED 1,427 per sqft)Sold, December 2012: AED 1,370,953 (AED 1,427 per sqft)Sold, May 2022: AED 850,000 (AED 884 per sqft)Sold, January 2024: AED 2,300,000 (AED 2,394 per sqft)

4601 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4601, 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, December 2012: AED 70,000 a yearNew contract, January 2015: AED 102,000 a yearRenewal, January 2016: AED 102,000 a yearNew contract, October 2018: AED 75,000 a yearRenewal, October 2019: AED 75,000 a yearNew contract, September 2020: AED 50,000 a yearNew contract, December 2021: AED 57,000 a yearRenewal, December 2022: AED 63,000 a yearNew contract, November 2023: AED 105,000 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 4601 sits

All 416 1-beds →

4601 last sold in January 2024 at AED 2,394 per sqft, 77% above what one-beds in Elite Residence were fetching at the time (AED 1,356). 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. 4601's AED 105,000 is in the upper 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 46th floor

All 697 units in Elite Residence
Value
46022-bedAED 2M · Mar 2026
46031-bedAED 1.68M · Jun 2025
46041-bedAED 1.58M · Sep 2024
46052-bedAED 2.74M · Oct 2012
46061-bedAED 1.37M · Dec 2012
46071-bedAED 1.35M · Feb 2016
46082-bedAED 1.6M · Dec 2012
1–7 of 11

4601, Elite Residence in numbers

  • Sold 4 times: first on 10 August 2009 for AED 1,370,953, last on 31 January 2024 for AED 2,300,000 (AED 2,394 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2020 and recovered to AED 105,000 by November 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.6%, 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 31 January 2024.

Questions about 4601, Elite Residence

What did unit 4601 last sell for?

AED 2,300,000 on 31 January 2024: AED 2,394 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,370,953 in August 2009.

What is the rent for unit 4601?

AED 105,000 a year on the contract signed on 1 November 2023. The previous contract, from December 2022, was AED 63,000; the unit has been rented since December 2012.

How big is unit 4601?

960 sqft (89.2 sqm): a one-bedroom apartment on the 46th floor of a 83-storey tower completed in 2012.

What is unit 4601 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 4601, Elite Residence

Starts from the last sale price (AED 2.3M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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