4-bed · 3,212 sqftElite Residence, Dubai Marina · 62nd floor · completed 2012

6201, Elite Residence

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6201 · DLD and Ejari recordsUpdated 4 February 2018
Last soldAED 4.4M4 February 2018
Current rentAED 210K /yr2 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6201, Elite Residence

What is 6201 worth today?

Last sold for AED 4,400,000 in 2018

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4 Feb 2018SoldReady
AED 4,400,000AED 1,369 per sqft
2 Jul 2017RentedRenewal
AED 210,000/yr12 months · AED 65 per sqft
2 Jul 2016RentedRenewal
AED 280,000/yr12 months · AED 87 per sqft
2 Jul 2015RentedNew contract
AED 280,000/yr12 months · AED 87 per sqft
19 Feb 2014RentedNew contract
AED 300,000/yr12 months · AED 94 per sqft
16 Dec 2012Sold by developerReady
AED 6,645,434AED 2,069 per sqft

Source: Dubai Land Department. Updated 4 February 2018.

Key facts

Type
4-bed apartment
Size
3,212 sqft
Floor
62nd of 83
Parking
P4-87,P4-89
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,100 /yr
Last sold
AED 4.4M · February 2018

About 6201, Elite Residence

6201 is a four-bedroom apartment of 3,212 sqft on the 62nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 February 2018 for AED 4,400,000, or AED 1,369 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 2 July 2017, is AED 210,000 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 42,100 a year.

Sales and rents for 6201 over time

Sales
Unit 6201, each saleTypical four-bed in Elite Residence
5M2009201420192024Typical sale price by year: 2009 AED 7,508,006; 2010 AED 6,334,496; 2012 AED 4,896,891; 2013 AED 4,766,545; 2014 AED 6,053,984; 2015 AED 2,025,000; 2021 AED 3,185,000; 2022 AED 8,750,000; 2023 AED 3,900,000; 2024 AED 4,023,929; 2025 AED 3,750,000Sold by developer, December 2012: AED 6,645,434 (AED 2,069 per sqft)Sold, February 2018: AED 4,400,000 (AED 1,369 per sqft)

6201 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6201, each contractTypical four-bed in Elite Residence
200K300K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 245,000; 2015 AED 255,000; 2016 AED 270,000; 2017 AED 225,000; 2018 AED 213,850; 2019 AED 200,000; 2020 AED 185,000; 2021 AED 190,000; 2022 AED 192,500; 2023 AED 205,700; 2024 AED 247,000; 2025 AED 280,000; 2026 AED 300,000New contract, February 2014: AED 300,000 a yearNew contract, July 2015: AED 280,000 a yearRenewal, July 2016: AED 280,000 a yearRenewal, July 2017: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Elite Residence, and where 6201 sits

All 50 4-beds →

Over the last 12 months four-beds sold for AED 3,600,000 to 3,875,000, around AED 1,150 per sqft, and rent for AED 92,000 to 950,000 a year. 6201's AED 210,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
12 Mar 20263,875,000
18 Dec 20253,600,000
18 Dec 20253,600,000
28 Nov 20253,700,000
4 4-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 62nd floor

All 697 units in Elite Residence
Value
62024-bedAED 6.65M · Dec 2012
62034-bedAED 3.88M · Mar 2026
62044-bedAED 1.33M · Feb 2022

6201, Elite Residence in numbers

  • Sold twice: first on 16 December 2012 for AED 6,645,434, last on 4 February 2018 for AED 4,400,000 (AED 1,369 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 300,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 4.8%, before a service charge of about AED 42,100 a year (AED 13.10 per sqft).
  • Four-beds in Elite Residence sold for AED 3,600,000–3,875,000 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 4 February 2018.

Questions about 6201, Elite Residence

What did unit 6201 last sell for?

AED 4,400,000 on 4 February 2018: AED 1,369 per sqft for 3,212 sqft. The unit has 2 registered sales; the first was AED 6,645,434 in December 2012.

What is the rent for unit 6201?

AED 210,000 a year on the contract renewed on 2 July 2017. The previous contract, from July 2016, was AED 280,000; the unit has been rented since February 2014.

How big is unit 6201?

3,212 sqft (298.4 sqm): a four-bedroom apartment on the 62nd floor of a 83-storey tower completed in 2012.

What is unit 6201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Residence sold for AED 3,600,000 to 3,875,000 in the last 12 months, around AED 1,150 per sqft.

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Mortgage on 6201, Elite Residence

Starts from the last sale price (AED 4.4M, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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