4902, Elite Residence
Sold prices and rental history: sold 4 times, last in July 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4902, Elite Residence
What is 4902 worth today?
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Source: Dubai Land Department. Updated 17 July 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 49th of 83
- Parking
- B2-42
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.8M · July 2018
- Building
- Elite Residence
About 4902, Elite Residence
4902 is a two-bedroom apartment of 1,331 sqft on the 49th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 July 2018 for AED 1,800,000, or AED 1,352 per sqft, 21% above the AED 1,119 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 June 2014, is AED 130,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4902 over time
4902 has sold 4 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 4902 sits
All 208 2-beds →4902 last sold in July 2018 at AED 1,352 per sqft, 21% above what two-beds in Elite Residence were fetching at the time (AED 1,119). 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. 4902's AED 130,000 is in the lower half 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 49th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4901 | 1-bed | 960 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 90,000 /yr | |
| 4903 | 1-bed | 801 sqft | AED 1.7MAED 1,700,000 · Feb 2024February 2024 | 68,970 /yr | |
| 4904 | 1-bed | 802 sqft | AED 1.35MAED 1,350,000 · Mar 2013March 2013 | 55,000 /yr | |
| 4905 | 2-bed | 1,330 sqft | AED 2MAED 2,000,000 · Feb 2013February 2013 | 108,000 /yr | |
| 4906 | 1-bed | 960 sqft | AED 1.14MAED 1,135,000 · Oct 2015October 2015 | 72,000 /yr | |
| 4907 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · Jun 2013June 2013 | 72,000 /yr | |
| 4908 | 2-bed | 1,331 sqft | AED 1.64MAED 1,640,100 · Dec 2012December 2012 | 120,000 /yr | |
| 4909 | 1-bed | 737 sqft | AED 1.22MAED 1,224,959 · Feb 2013February 2013 | 88,000 /yr | |
| 4910 | 1-bed | 737 sqft | AED 1.12MAED 1,120,000 · Jun 2026June 2026 | 75,900 /yr | |
| 4911 | 2-bed | 1,331 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | 90,000 /yr | |
| 4912 | 1-bed | 960 sqft | AED 1.05MAED 1,050,000 · Feb 2019February 2019 | 55,000 /yr |
4902, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 2,733,649, last on 17 July 2018 for AED 1,800,000 (AED 1,352 per sqft).
- Rented since June 2013 on 2 Ejari contracts, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2018 price is 7.2%, 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 17 July 2018.
Questions about 4902, Elite Residence
What did unit 4902 last sell for?
AED 1,800,000 on 17 July 2018: AED 1,352 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 2,733,649 in August 2009.
What is the rent for unit 4902?
AED 130,000 a year on the contract signed on 15 June 2014. The previous contract, from June 2013, was AED 130,000.
How big is unit 4902?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 49th floor of a 83-storey tower completed in 2012.
What is unit 4902 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 4902, Elite Residence
Starts from the last sale price (AED 1.8M, 17 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →