4-bed · 3,212 sqftElite Residence, Dubai Marina · 66th floor · completed 2012

6601, Elite Residence

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6601 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.41M3 March 2013
Current rentAED 400K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6601, Elite Residence

What is 6601 worth today?

Last sold for AED 3,405,870 in 2013

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1 Feb 2024RentedNew contract
AED 400,000/yr12 months · AED 125 per sqft
1 Feb 2024RentedNew contract
AED 400,000/yr12 months · AED 125 per sqft
17 Apr 2022RentedRenewal
AED 220,000/yr12 months · AED 68 per sqft
17 Apr 2021RentedRenewal
AED 200,000/yr12 months · AED 62 per sqft
17 Apr 2020RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
1 Oct 2019RentedNew contract
AED 240,000/yr6 months · AED 75 per sqft
1 May 2019RentedNew contract
AED 240,000/yr6 months · AED 75 per sqft
9 Nov 2018RentedRenewal
AED 300,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
4-bed apartment
Size
3,212 sqft
Floor
66th of 83
Parking
B1-53
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,100 /yr
Last sold
AED 3.41M · March 2013

About 6601, Elite Residence

6601 is a four-bedroom apartment of 3,212 sqft on the 66th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 3 March 2013 for AED 3,405,870, or AED 1,060 per sqft, 27% below the AED 1,451 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 February 2024, is AED 400,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 42,100 a year.

Sales and rents for 6601 over time

Sales
Unit 6601, 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, August 2009: AED 6,811,740 (AED 2,120 per sqft)Sold, March 2013: AED 3,405,870 (AED 1,060 per sqft)

6601 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6601, each contractTypical four-bed in Elite Residence
200K300K400K2013201720212025Typical 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, October 2014: AED 310,000 a yearNew contract, November 2016: AED 300,000 a yearNew contract, November 2017: AED 307,000 a yearRenewal, November 2018: AED 300,000 a yearNew contract, May 2019: AED 240,000 a yearNew contract, October 2019: AED 240,000 a yearNew contract, April 2020: AED 200,000 a yearRenewal, April 2021: AED 200,000 a yearRenewal, April 2022: AED 220,000 a yearNew contract, February 2024: AED 400,000 a yearNew contract, February 2024: AED 400,000 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 6601 sits

All 50 4-beds →

6601 last sold in March 2013 at AED 1,060 per sqft, 27% below what four-beds in Elite Residence were fetching at the time (AED 1,451). 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. 6601's AED 400,000 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 66th floor

All 697 units in Elite Residence
Value
66024-bedAED 5.3M · Feb 2024
66034-bedNo registered sale
66044-bedNo registered sale

6601, Elite Residence in numbers

  • Sold twice: first on 16 August 2009 for AED 6,811,740, last on 3 March 2013 for AED 3,405,870 (AED 1,060 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 310,000 to AED 200,000 in 2021 and recovered to AED 400,000 by February 2024.
  • At AED 400,000 a year the gross yield on the 2013 price is 11.7%, 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 1 February 2024.

Questions about 6601, Elite Residence

What did unit 6601 last sell for?

AED 3,405,870 on 3 March 2013: AED 1,060 per sqft for 3,212 sqft. The unit has 2 registered sales; the first was AED 6,811,740 in August 2009.

What is the rent for unit 6601?

AED 400,000 a year on the contract signed on 1 February 2024. The previous contract, from February 2024, was AED 400,000; the unit has been rented since October 2014.

How big is unit 6601?

3,212 sqft (298.4 sqm): a four-bedroom apartment on the 66th floor of a 83-storey tower completed in 2012.

What is unit 6601 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 6601, Elite Residence

Starts from the last sale price (AED 3.41M, 3 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,405,870
Deposit, UAE resident (20%)
AED 681,174
Deposit, non-resident (40%)
AED 1,362,348
Monthly over 25 years at 3.7%
AED 13,934

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