4-bed · 3,211 sqftElite Residence, Dubai Marina · 69th floor · completed 2012

6902, Elite Residence

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6902 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 3.2M30 September 2021
Current rentAED 200K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6902, Elite Residence

What is 6902 worth today?

Last sold for AED 3,200,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Oct 2021RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
30 Sep 2021SoldReady
AED 3,200,000AED 996 per sqft
5 Oct 2018RentedRenewal
AED 220,000/yr12 months · AED 69 per sqft
5 Oct 2017RentedRenewal
AED 262,500/yr12 months · AED 82 per sqft
5 Oct 2016RentedRenewal
AED 262,500/yr12 months · AED 82 per sqft
5 Oct 2015RentedRenewal
AED 262,500/yr12 months · AED 82 per sqft
5 Oct 2014RentedRenewal
AED 250,000/yr12 months · AED 78 per sqft
23 Oct 2012SoldReady
AED 6,565,853AED 2,044 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
4-bed apartment
Size
3,211 sqft
Floor
69th of 83
Parking
P1-83
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 42,100 /yr
Last sold
AED 3.2M · September 2021

About 6902, Elite Residence

6902 is a four-bedroom apartment of 3,211 sqft on the 69th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 30 September 2021 for AED 3,200,000, or AED 996 per sqft, in line with the AED 987 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 October 2021, is AED 200,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 42,100 a year.

Sales and rents for 6902 over time

Sales
Unit 6902, 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, April 2010: AED 6,565,853 (AED 2,044 per sqft)Sold, October 2012: AED 6,565,853 (AED 2,044 per sqft)Sold, September 2021: AED 3,200,000 (AED 996 per sqft)

6902 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6902, 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 300,000Renewal, October 2014: AED 250,000 a yearRenewal, October 2015: AED 262,500 a yearRenewal, October 2016: AED 262,500 a yearRenewal, October 2017: AED 262,500 a yearRenewal, October 2018: AED 220,000 a yearNew contract, October 2021: AED 200,000 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 6902 sits

All 50 4-beds →

6902 last sold in September 2021 at AED 996 per sqft, in line with what four-beds in Elite Residence were fetching at the time (AED 987). 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. 6902's AED 200,000 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 69th floor

All 697 units in Elite Residence
Value
69014-bedAED 3.2M · Sep 2021
69034-bedAED 4.02M · Mar 2024
69044-bedAED 4.02M · Mar 2024

6902, Elite Residence in numbers

  • Sold 3 times: first on 21 April 2010 for AED 6,565,853, last on 30 September 2021 for AED 3,200,000 (AED 996 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 250,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 6.3%, 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 20 October 2021.

Questions about 6902, Elite Residence

What did unit 6902 last sell for?

AED 3,200,000 on 30 September 2021: AED 996 per sqft for 3,211 sqft. The unit has 3 registered sales; the first was AED 6,565,853 in April 2010.

What is the rent for unit 6902?

AED 200,000 a year on the contract signed on 20 October 2021. The previous contract, from October 2018, was AED 220,000; the unit has been rented since October 2014.

How big is unit 6902?

3,211 sqft (298.3 sqm): a four-bedroom apartment on the 69th floor of a 83-storey tower completed in 2012.

What is unit 6902 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.

Selling 6902? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 6902, Elite Residence

Starts from the last sale price (AED 3.2M, 30 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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