4708, Elite Residence
Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4708, Elite Residence
What is 4708 worth today?
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Source: Dubai Land Department. Updated 15 June 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 47th of 83
- Parking
- B2-46
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.62M · May 2017
- Building
- Elite Residence
About 4708, Elite Residence
4708 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 21 May 2017 for AED 1,620,000, or AED 1,217 per sqft, 3% below the AED 1,259 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 June 2019, is AED 1,200 a year: a gross yield of 0.1% on the 2017 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4708 over time
4708 has sold 3 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 4708 sits
All 208 2-beds →4708 last sold in May 2017 at AED 1,217 per sqft, 3% below what two-beds in Elite Residence were fetching at the time (AED 1,259). 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. 4708's AED 1,200 is at the bottom 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 47th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | 1-bed | 960 sqft | AED 1.37MAED 1,374,076 · Dec 2012December 2012 | 75,000 /yr | |
| 4702 | 2-bed | 1,331 sqft | AED 2MAED 2,000,000 · Sep 2013September 2013 | 138,000 /yr | |
| 4703 | 1-bed | 801 sqft | AED 490KAED 490,000 · Feb 2022February 2022 | 108,000 /yr | |
| 4704 | 1-bed | 802 sqft | AED 1.19MAED 1,190,000 · Sep 2021September 2021 | 110,000 /yr | |
| 4705 | 2-bed | 1,330 sqft | AED 2.75MAED 2,748,768 · Sep 2012September 2012 | 110,000 /yr | |
| 4706 | 1-bed | 960 sqft | AED 890KAED 890,000 · Jun 2022June 2022 | 95,000 /yr | |
| 4707 | 1-bed | 959 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 82,000 /yr | |
| 4709 | 1-bed | 737 sqft | AED 1.22MAED 1,219,416 · Dec 2012December 2012 | 70,000 /yr | |
| 4710 | 1-bed | 368 sqft | AED 399KAED 399,457 · Nov 2022November 2022 | 66,000 /yr | |
| 4711 | 2-bed | 1,331 sqft | AED 2.27MAED 2,272,888 · Oct 2012October 2012 | 110,000 /yr | |
| 4712 | 1-bed | 960 sqft | AED 1.24MAED 1,235,000 · Oct 2024October 2024 | 120,000 /yr |
4708, Elite Residence in numbers
- Sold 3 times: first on 10 August 2009 for AED 2,272,888, last on 21 May 2017 for AED 1,620,000 (AED 1,217 per sqft).
- Rented since May 2014 on 6 Ejari contracts, from AED 130,000 to AED 1,200 a year.
- At AED 1,200 a year the gross yield on the 2017 price is 0.1%, 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 June 2019.
Questions about 4708, Elite Residence
What did unit 4708 last sell for?
AED 1,620,000 on 21 May 2017: AED 1,217 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 2,272,888 in August 2009.
What is the rent for unit 4708?
AED 1,200 a year on the contract renewed on 15 June 2019. The previous contract, from June 2019, was AED 1,200; the unit has been rented since May 2014.
How big is unit 4708?
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 4708 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 4708, Elite Residence
Starts from the last sale price (AED 1.62M, 21 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,620,000
- Deposit, UAE resident (20%)
- AED 324,000
- Deposit, non-resident (40%)
- AED 648,000
- Monthly over 25 years at 3.7%
- AED 6,628
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →