7902, Elite Residence
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7902, Elite Residence
What is 7902 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 6,246 sqft
- Floor
- 79th of 83
- Parking
- P1-39,P1-40,P1-41
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 81,800 /yr
- Last sold
- AED 8.75M · March 2022
- Building
- Elite Residence
About 7902, Elite Residence
7902 is a four-bedroom apartment of 6,246 sqft on the 79th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 March 2022 for AED 8,750,000, or AED 1,400 per sqft, 42% above the AED 987 four-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 544,484 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 81,800 a year.
Sales and rents for 7902 over time
7902 has sold 3 times; the dashed line is the four-bed median of each year in the building.
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 7902 sits
All 50 4-beds →7902 last sold in March 2022 at AED 1,400 per sqft, 42% above 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. 7902's AED 544,484 is in the upper half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Mar 202612 March 2026 | 3,173 sqft | 3,875,000 | 1,221 | ||
| 18 Dec 202518 December 2025 | 3,173 sqft | 3,600,000 | 1,134 | ||
| 18 Dec 202518 December 2025 | 3,173 sqft | 3,600,000 | 1,134 | ||
| 28 Nov 202528 November 2025 | 3,173 sqft | 3,700,000 | 1,166 |
Elite Residence
Building697 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%
Other units on the 79th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7901 | 4-bed | 6,246 sqft | AED 10.2MAED 10,200,000 · Dec 2022December 2022 | 740,000 /yr |
7902, Elite Residence in numbers
- Sold 3 times: first on 3 July 2009 for AED 12,795,014, last on 24 March 2022 for AED 8,750,000 (AED 1,400 per sqft).
- Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 450,000 to AED 320,000 in 2020 and recovered to AED 544,484 by July 2022.
- At AED 544,484 a year the gross yield on the 2022 price is 6.2%, 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 1 July 2022.
Questions about 7902, Elite Residence
What did unit 7902 last sell for?
AED 8,750,000 on 24 March 2022: AED 1,400 per sqft for 6,246 sqft. The unit has 3 registered sales; the first was AED 12,795,014 in July 2009.
What is the rent for unit 7902?
AED 544,484 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 425,000; the unit has been rented since September 2016.
How big is unit 7902?
6,246 sqft (580.3 sqm): a four-bedroom apartment on the 79th floor of a 83-storey tower completed in 2012.
What is unit 7902 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 7902, Elite Residence
Starts from the last sale price (AED 8.75M, 24 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 8,750,000
- Deposit, UAE resident (20%)
- AED 1,750,000
- Deposit, non-resident (40%)
- AED 3,500,000
- Monthly over 25 years at 3.7%
- AED 35,799
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →