2-bed · 1,331 sqftElite Residence, Dubai Marina · 47th floor · completed 2012

4702, Elite Residence

Sold prices and rental history: sold 3 times, last in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4702 · DLD and Ejari recordsUpdated 13 June 2026
Last soldAED 2M15 September 2013
Current rentAED 138K /yr13 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, Elite Residence

What is 4702 worth today?

Last sold for AED 2,000,000 in 2013

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13 Jun 2026RentedRenewal
AED 138,000/yr12 months · AED 104 per sqft
13 Jun 2025RentedRenewal
AED 138,000/yr12 months · AED 104 per sqft
13 Jun 2025RentedRenewal
AED 138,000/yr12 months · AED 104 per sqft
13 Jun 2024RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
13 Jun 2024RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
8 May 2023RentedNew contract
AED 132,000/yr12 months · AED 99 per sqft
8 Apr 2022RentedRenewal
AED 93,500/yr12 months · AED 70 per sqft
8 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 13 June 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
47th of 83
Parking
P2-93
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2M · September 2013

About 4702, Elite Residence

4702 is a two-bedroom apartment of 1,331 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 15 September 2013 for AED 2,000,000, or AED 1,503 per sqft, in line with the AED 1,542 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 13 June 2026, is AED 138,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4702 over time

Sales
Unit 4702, each saleTypical two-bed in Elite Residence
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, August 2009: AED 2,748,768 (AED 2,065 per sqft)Sold, October 2012: AED 2,748,768 (AED 2,065 per sqft)Sold, September 2013: AED 2,000,000 (AED 1,503 per sqft)

4702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4702, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, September 2012: AED 100,000 a yearNew contract, September 2013: AED 100,000 a yearNew contract, September 2014: AED 115,000 a yearRenewal, September 2015: AED 126,500 a yearNew contract, November 2017: AED 130,000 a yearNew contract, February 2019: AED 100,000 a yearNew contract, April 2020: AED 92,000 a yearNew contract, April 2021: AED 85,000 a yearRenewal, April 2022: AED 93,500 a yearNew contract, May 2023: AED 132,000 a yearNew contract, June 2024: AED 130,000 a yearNew contract, June 2024: AED 130,000 a yearRenewal, June 2025: AED 138,000 a yearRenewal, June 2025: AED 138,000 a yearRenewal, June 2026: AED 138,000 a year

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 4702 sits

All 208 2-beds →

4702 last sold in September 2013 at AED 1,503 per sqft, in line with what two-beds in Elite Residence were fetching at the time (AED 1,542). 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. 4702's AED 138,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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
47011-bedAED 1.37M · Dec 2012
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

4702, Elite Residence in numbers

  • Sold 3 times: first on 13 August 2009 for AED 2,748,768, last on 15 September 2013 for AED 2,000,000 (AED 1,503 per sqft).
  • Rented since September 2012 on 15 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2021 and recovered to AED 138,000 by June 2026.
  • At AED 138,000 a year the gross yield on the 2013 price is 6.9%, 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 13 June 2026.

Questions about 4702, Elite Residence

What did unit 4702 last sell for?

AED 2,000,000 on 15 September 2013: AED 1,503 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 2,748,768 in August 2009.

What is the rent for unit 4702?

AED 138,000 a year on the contract renewed on 13 June 2026. The previous contract, from June 2025, was AED 138,000; the unit has been rented since September 2012.

How big is unit 4702?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 47th floor of a 83-storey tower completed in 2012.

What is unit 4702 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 4702, Elite Residence

Starts from the last sale price (AED 2M, 15 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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