4-bed · 6,246 sqftElite Residence, Dubai Marina · 78th floor · completed 2012

7801, Elite Residence

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7801 · DLD and Ejari recordsUpdated 18 May 2024
Last soldAED 9.2M4 October 2022
Current rentAED 555K /yr18 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7801, Elite Residence

What is 7801 worth today?

Last sold for AED 9,200,000 in 2022

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18 May 2024RentedRenewal
AED 555,000/yr12 months · AED 89 per sqft
18 May 2024RentedRenewal
AED 555,000/yr12 months · AED 89 per sqft
18 May 2023RentedNew contract
AED 550,000/yr12 months · AED 88 per sqft
4 Oct 2022SoldReady
AED 9,200,000AED 1,472 per sqft
20 Apr 2021RentedNew contract
AED 415,000/yr12 months · AED 66 per sqft
2 Oct 2013SoldReady
AED 12,731,673AED 2,038 per sqft
3 Jul 2009Sold by developerOff-plan
AED 12,731,673AED 2,038 per sqft

Source: Dubai Land Department. Updated 18 May 2024.

Key facts

Type
4-bed apartment
Size
6,246 sqft
Floor
78th of 83
Parking
P1-79,P1-80,P1-81
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 81,800 /yr
Last sold
AED 9.2M · October 2022

About 7801, Elite Residence

7801 is a four-bedroom apartment of 6,246 sqft on the 78th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 October 2022 for AED 9,200,000, or AED 1,472 per sqft, 5% above the AED 1,400 four-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 18 May 2024, is AED 555,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 81,800 a year.

Sales and rents for 7801 over time

Sales
Unit 7801, each saleTypical four-bed in Elite Residence
5M10M2009201420192024Typical 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, July 2009: AED 12,731,673 (AED 2,038 per sqft)Sold, October 2013: AED 12,731,673 (AED 2,038 per sqft)Sold, October 2022: AED 9,200,000 (AED 1,472 per sqft)

7801 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 7801, each contractTypical four-bed in Elite Residence
200K400K600K2013201720212025Typical 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, April 2021: AED 415,000 a yearNew contract, May 2023: AED 550,000 a yearRenewal, May 2024: AED 555,000 a yearRenewal, May 2024: AED 555,000 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 7801 sits

All 50 4-beds →

7801 last sold in October 2022 at AED 1,472 per sqft, 5% above what four-beds in Elite Residence were fetching at the time (AED 1,400). 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. 7801's AED 555,000 is in the upper 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 78th floor

All 697 units in Elite Residence
Value
78024-bedAED 10M · Jan 2025

7801, Elite Residence in numbers

  • Sold 3 times: first on 3 July 2009 for AED 12,731,673, last on 4 October 2022 for AED 9,200,000 (AED 1,472 per sqft).
  • Rented since April 2021 on 4 Ejari contracts, from AED 415,000 to AED 555,000 a year.
  • At AED 555,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 81,800 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 18 May 2024.

Questions about 7801, Elite Residence

What did unit 7801 last sell for?

AED 9,200,000 on 4 October 2022: AED 1,472 per sqft for 6,246 sqft. The unit has 3 registered sales; the first was AED 12,731,673 in July 2009.

What is the rent for unit 7801?

AED 555,000 a year on the contract renewed on 18 May 2024. The previous contract, from May 2024, was AED 555,000; the unit has been rented since April 2021.

How big is unit 7801?

6,246 sqft (580.3 sqm): a four-bedroom apartment on the 78th floor of a 83-storey tower completed in 2012.

What is unit 7801 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 7801, Elite Residence

Starts from the last sale price (AED 9.2M, 4 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,200,000
Deposit, UAE resident (20%)
AED 1,840,000
Deposit, non-resident (40%)
AED 3,680,000
Monthly over 25 years at 3.7%
AED 37,640

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