1-bed · 960 sqftElite Residence, Dubai Marina · 47th floor · completed 2012

4701, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.37M27 December 2012
Current rentAED 75K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Elite Residence

What is 4701 worth today?

Last sold for AED 1,374,076 in 2012

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1 May 2026RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
5 Apr 2025RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
5 Apr 2025RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
13 Mar 2024RentedNew contract
AED 78,000/yr12 months · AED 81 per sqft
13 Mar 2024RentedNew contract
AED 78,000/yr12 months · AED 81 per sqft
9 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
25 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
12 Aug 2020RentedRenewal
AED 65,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
47th of 83
Parking
P2-59
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.37M · December 2012

About 4701, Elite Residence

4701 is a one-bedroom apartment of 960 sqft on the 47th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 December 2012 for AED 1,374,076, or AED 1,430 per sqft, 5% above the AED 1,356 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 1 May 2026, is AED 75,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, 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 1,374,076 (AED 1,430 per sqft)Sold, December 2012: AED 1,374,076 (AED 1,430 per sqft)

4701 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4701, 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, January 2016: AED 110,000 a yearRenewal, January 2017: AED 110,000 a yearNew contract, February 2018: AED 87,000 a yearNew contract, September 2019: AED 76,364 a yearRenewal, August 2020: AED 65,000 a yearNew contract, August 2022: AED 70,000 a yearNew contract, October 2023: AED 80,000 a yearNew contract, March 2024: AED 78,000 a yearNew contract, March 2024: AED 78,000 a yearNew contract, April 2025: AED 85,000 a yearNew contract, April 2025: AED 85,000 a yearNew contract, May 2026: AED 75,000 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 4701 sits

All 416 1-beds →

4701 last sold in December 2012 at AED 1,430 per sqft, 5% 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. 4701's AED 75,000 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 47th floor

All 697 units in Elite Residence
Value
47022-bedAED 2M · Sep 2013
47031-bedAED 490K · Feb 2022
47041-bedAED 1.19M · Sep 2021
47052-bedAED 2.75M · Sep 2012
47061-bedAED 890K · Jun 2022
47071-bedAED 1.1M · Aug 2022
47082-bedAED 1.62M · May 2017
1–7 of 11

4701, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 1,374,076, last on 27 December 2012 for AED 1,374,076 (AED 1,430 per sqft).
  • Rented since January 2016 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 75,000 by May 2026.
  • At AED 75,000 a year the gross yield on the 2012 price is 5.5%, 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 1 May 2026.

Questions about 4701, Elite Residence

What did unit 4701 last sell for?

AED 1,374,076 on 27 December 2012: AED 1,430 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,374,076 in August 2009.

What is the rent for unit 4701?

AED 75,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2025, was AED 85,000; the unit has been rented since January 2016.

How big is unit 4701?

960 sqft (89.2 sqm): a one-bedroom apartment on the 47th floor of a 83-storey tower completed in 2012.

What is unit 4701 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 4701, Elite Residence

Starts from the last sale price (AED 1.37M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,374,076
Deposit, UAE resident (20%)
AED 274,815
Deposit, non-resident (40%)
AED 549,630
Monthly over 25 years at 3.7%
AED 5,622

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