4-bed · 6,246 sqftElite Residence, Dubai Marina · 80th floor · completed 2012

8001, Elite Residence

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8001 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 9.9M29 May 2024
Current rentAED 503K /yr13 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8001, Elite Residence

What is 8001 worth today?

Last sold for AED 9,900,000 in 2024

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29 May 2024SoldReady
AED 9,900,000AED 1,584 per sqft
13 Sep 2023RentedNew contract
AED 503,183/yr4 months · AED 81 per sqft
14 Sep 2021RentedRenewal
AED 500,000/yr12 months · AED 80 per sqft
14 Sep 2020RentedNew contract
AED 400,000/yr12 months · AED 64 per sqft
2 Oct 2013SoldReady
AED 12,858,356AED 2,058 per sqft
3 Jul 2009Sold by developerOff-plan
AED 12,858,356AED 2,058 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
4-bed apartment
Size
6,246 sqft
Floor
80th of 83
Parking
P1-48,P1-49,P1-50
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 81,800 /yr
Last sold
AED 9.9M · May 2024

About 8001, Elite Residence

8001 is a four-bedroom apartment of 6,246 sqft on the 80th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 May 2024 for AED 9,900,000, or AED 1,584 per sqft, 25% above the AED 1,268 four-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 13 September 2023, is AED 503,183 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 81,800 a year.

Sales and rents for 8001 over time

Sales
Unit 8001, 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 12,858,356 (AED 2,058 per sqft)Sold, October 2013: AED 12,858,356 (AED 2,058 per sqft)Sold, May 2024: AED 9,900,000 (AED 1,584 per sqft)

8001 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8001, each contractTypical four-bed in Elite Residence
200K400K2013201720212025Typical 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, September 2020: AED 400,000 a yearRenewal, September 2021: AED 500,000 a yearNew contract, September 2023: AED 503,183 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 8001 sits

All 50 4-beds →

8001 last sold in May 2024 at AED 1,584 per sqft, 25% above what four-beds in Elite Residence were fetching at the time (AED 1,268). 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. 8001's AED 503,183 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 80th floor

All 697 units in Elite Residence
Value
80024-bedAED 5.7M · Jan 2021

8001, Elite Residence in numbers

  • Sold 3 times: first on 3 July 2009 for AED 12,858,356, last on 29 May 2024 for AED 9,900,000 (AED 1,584 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 400,000 to AED 503,183 a year.
  • At AED 503,183 a year the gross yield on the 2024 price is 5.1%, 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 29 May 2024.

Questions about 8001, Elite Residence

What did unit 8001 last sell for?

AED 9,900,000 on 29 May 2024: AED 1,584 per sqft for 6,246 sqft. The unit has 3 registered sales; the first was AED 12,858,356 in July 2009.

What is the rent for unit 8001?

AED 503,183 a year on the contract signed on 13 September 2023. The previous contract, from September 2021, was AED 500,000; the unit has been rented since September 2020.

How big is unit 8001?

6,246 sqft (580.3 sqm): a four-bedroom apartment on the 80th floor of a 83-storey tower completed in 2012.

What is unit 8001 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 8001, Elite Residence

Starts from the last sale price (AED 9.9M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,900,000
Deposit, UAE resident (20%)
AED 1,980,000
Deposit, non-resident (40%)
AED 3,960,000
Monthly over 25 years at 3.7%
AED 40,504

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