1-bed · 802 sqftElite Residence, Dubai Marina · 48th floor · completed 2012

4804, Elite Residence

Sold prices and rental history: sold 5 times, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4804 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 1.45M22 June 2023
Current rentAED 85K /yr30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4804, Elite Residence

What is 4804 worth today?

Last sold for AED 1,450,000 in 2023

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22 Jun 2023SoldReady
AED 1,450,000AED 1,808 per sqft
10 Nov 2022SoldReady
AED 1,200,000AED 1,496 per sqft
30 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
10 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
30 Jul 2020RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
1 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
27 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
8 Nov 2016RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
48th of 83
Parking
B2-82
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.45M · June 2023

About 4804, Elite Residence

4804 is a one-bedroom apartment of 802 sqft on the 48th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 22 June 2023 for AED 1,450,000, or AED 1,808 per sqft, 48% above the AED 1,219 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 30 June 2022, is AED 85,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 4804 over time

Sales
Unit 4804, each saleTypical one-bed in Elite Residence
2M2009201420192024Typical 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, May 2009: AED 3,022,800 (AED 3,769 per sqft)Sold, October 2015: AED 1,300,000 (AED 1,621 per sqft)Sold, November 2015: AED 1,500,000 (AED 1,870 per sqft)Sold, November 2022: AED 1,200,000 (AED 1,496 per sqft)Sold, June 2023: AED 1,450,000 (AED 1,808 per sqft)

4804 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4804, 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, November 2016: AED 50,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, July 2020: AED 64,000 a yearNew contract, August 2021: AED 75,000 a yearNew contract, June 2022: AED 85,000 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 4804 sits

All 416 1-beds →

4804 last sold in June 2023 at AED 1,808 per sqft, 48% above what one-beds in Elite Residence were fetching at the time (AED 1,219). 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. 4804's AED 85,000 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 48th floor

All 697 units in Elite Residence
Value
48011-bedAED 1.25M · Feb 2023
48022-bedAED 2.7M · Aug 2014
48031-bedAED 1.56M · Jun 2013
48052-bedAED 2.3M · Sep 2013
48061-bedAED 790K · Dec 2019
48071-bedAED 1.08M · May 2026
48082-bedAED 2.17M · Oct 2012
1–7 of 11

4804, Elite Residence in numbers

  • Sold 5 times: first on 6 May 2009 for AED 3,022,800, last on 22 June 2023 for AED 1,450,000 (AED 1,808 per sqft).
  • Rented since November 2016 on 6 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 10,500 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 22 June 2023.

Questions about 4804, Elite Residence

What did unit 4804 last sell for?

AED 1,450,000 on 22 June 2023: AED 1,808 per sqft for 802 sqft. The unit has 5 registered sales; the first was AED 3,022,800 in May 2009.

What is the rent for unit 4804?

AED 85,000 a year on the contract signed on 30 June 2022. The previous contract, from August 2021, was AED 75,000; the unit has been rented since November 2016.

How big is unit 4804?

802 sqft (74.5 sqm): a one-bedroom apartment on the 48th floor of a 83-storey tower completed in 2012.

What is unit 4804 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 4804, Elite Residence

Starts from the last sale price (AED 1.45M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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