2-bed · 1,331 sqftElite Residence, Dubai Marina · 49th floor · completed 2012

4908, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4908 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.64M27 December 2012
Current rentAED 120K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4908, Elite Residence

What is 4908 worth today?

Last sold for AED 1,640,100 in 2012

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18 Oct 2026RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
15 Feb 2026RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
15 Feb 2025RentedNew contract
AED 121,037/yr12 months · AED 91 per sqft
15 Feb 2025RentedNew contract
AED 121,037/yr12 months · AED 91 per sqft
15 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
15 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
10 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 102 per sqft
10 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
49th of 83
Parking
P2-75
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.64M · December 2012

About 4908, Elite Residence

4908 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 27 December 2012 for AED 1,640,100, or AED 1,232 per sqft, 4% below the AED 1,277 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 18 October 2026, is AED 120,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4908 over time

Sales
Unit 4908, each saleTypical two-bed in Elite Residence
2M2009201420192024Typical 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 3,280,200 (AED 2,465 per sqft)Sold, December 2012: AED 1,640,100 (AED 1,232 per sqft)

4908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4908, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical 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, November 2014: AED 140,000 a yearNew contract, February 2018: AED 110,000 a yearRenewal, February 2019: AED 110,000 a yearRenewal, February 2020: AED 105,000 a yearNew contract, March 2023: AED 135,000 a yearRenewal, March 2024: AED 135,000 a yearRenewal, March 2024: AED 135,000 a yearNew contract, February 2025: AED 121,037 a yearNew contract, February 2025: AED 121,037 a yearNew contract, February 2025: AED 125,000 a yearNew contract, February 2025: AED 125,000 a yearRenewal, February 2026: AED 130,000 a yearNew contract, October 2026: AED 120,000 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 4908 sits

All 208 2-beds →

4908 last sold in December 2012 at AED 1,232 per sqft, 4% below what two-beds in Elite Residence were fetching at the time (AED 1,277). 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. 4908's AED 120,000 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 49th floor

All 697 units in Elite Residence
Value
49011-bedAED 2.3M · Aug 2024
49022-bedAED 1.8M · Jul 2018
49031-bedAED 1.7M · Feb 2024
49041-bedAED 1.35M · Mar 2013
49052-bedAED 2M · Feb 2013
49061-bedAED 1.14M · Oct 2015
49071-bedAED 1.3M · Jun 2013
1–7 of 11

4908, Elite Residence in numbers

  • Sold twice: first on 26 August 2009 for AED 3,280,200, last on 27 December 2012 for AED 1,640,100 (AED 1,232 per sqft).
  • Rented since November 2014 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2020 and recovered to AED 120,000 by October 2026.
  • At AED 120,000 a year the gross yield on the 2012 price is 7.3%, 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 18 October 2026.

Questions about 4908, Elite Residence

What did unit 4908 last sell for?

AED 1,640,100 on 27 December 2012: AED 1,232 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 3,280,200 in August 2009.

What is the rent for unit 4908?

AED 120,000 a year on the contract signed on 18 October 2026. The previous contract, from February 2026, was AED 130,000; the unit has been rented since November 2014.

How big is unit 4908?

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 4908 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 4908, Elite Residence

Starts from the last sale price (AED 1.64M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,100
Deposit, UAE resident (20%)
AED 328,020
Deposit, non-resident (40%)
AED 656,040
Monthly over 25 years at 3.7%
AED 6,710

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