1-bed · 737 sqftElite Residence, Dubai Marina · 48th floor · completed 2012

4810, Elite Residence

Sold prices and rental history: sold 6 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4810 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 1.15M10 October 2022
Current rentAED 62K /yr30 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4810, Elite Residence

What is 4810 worth today?

Last sold for AED 1,150,000 in 2022

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10 Oct 2022SoldReady
AED 1,150,000AED 1,561 per sqft
20 Sep 2022SoldReady
AED 815,000AED 1,106 per sqft
30 Jan 2022RentedRenewal
AED 62,000/yr12 months · AED 85 per sqft
30 Jan 2021RentedRenewal
AED 52,000/yr12 months · AED 71 per sqft
30 Jan 2020RentedRenewal
AED 66,625/yr12 months · AED 91 per sqft
30 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
16 Jan 2018RentedNew contract
AED 73,000/yr12 months · AED 100 per sqft
26 Jan 2016SoldReady
AED 1,200,000AED 1,628 per sqft

Source: Dubai Land Department. Updated 10 October 2022.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
48th of 83
Parking
B2-69
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.15M · October 2022

About 4810, Elite Residence

4810 is a one-bedroom apartment of 737 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 10 October 2022 for AED 1,150,000, or AED 1,561 per sqft, 47% above the AED 1,062 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 30 January 2022, is AED 62,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 4810 over time

Sales
Unit 4810, 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, June 2012: AED 832,541 (AED 1,130 per sqft)Sold, December 2012: AED 814,350 (AED 1,105 per sqft)Sold, December 2012: AED 832,541 (AED 1,130 per sqft)Sold, January 2016: AED 1,200,000 (AED 1,628 per sqft)Sold, September 2022: AED 815,000 (AED 1,106 per sqft)Sold, October 2022: AED 1,150,000 (AED 1,561 per sqft)

4810 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4810, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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 2014: AED 75,000 a yearRenewal, January 2015: AED 85,000 a yearNew contract, January 2018: AED 73,000 a yearNew contract, January 2019: AED 75,000 a yearRenewal, January 2020: AED 66,625 a yearRenewal, January 2021: AED 52,000 a yearRenewal, January 2022: AED 62,000 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 4810 sits

All 416 1-beds →

4810 last sold in October 2022 at AED 1,561 per sqft, 47% above what one-beds in Elite Residence were fetching at the time (AED 1,062). 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. 4810's AED 62,000 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
48041-bedAED 1.45M · Jun 2023
48052-bedAED 2.3M · Sep 2013
48061-bedAED 790K · Dec 2019
48071-bedAED 1.08M · May 2026
1–7 of 11

4810, Elite Residence in numbers

  • Sold 6 times: first on 11 June 2012 for AED 832,541, last on 10 October 2022 for AED 1,150,000 (AED 1,561 per sqft).
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2021 and recovered to AED 62,000 by January 2022.
  • At AED 62,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 9,700 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 10 October 2022.

Questions about 4810, Elite Residence

What did unit 4810 last sell for?

AED 1,150,000 on 10 October 2022: AED 1,561 per sqft for 737 sqft. The unit has 6 registered sales; the first was AED 832,541 in June 2012.

What is the rent for unit 4810?

AED 62,000 a year on the contract renewed on 30 January 2022. The previous contract, from January 2021, was AED 52,000; the unit has been rented since January 2014.

How big is unit 4810?

737 sqft (68.5 sqm): a one-bedroom apartment on the 48th floor of a 83-storey tower completed in 2012.

What is unit 4810 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 4810, Elite Residence

Starts from the last sale price (AED 1.15M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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