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

8002, Elite Residence

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8002 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 5.7M27 January 2021
Current rentAED 600K /yr9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8002, Elite Residence

What is 8002 worth today?

Last sold for AED 5,700,000 in 2021

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9 May 2024RentedNew contract
AED 600,000/yr12 months · AED 96 per sqft
9 May 2024RentedNew contract
AED 600,000/yr12 months · AED 96 per sqft
18 Feb 2022RentedNew contract
AED 500,000/yr24 months · AED 80 per sqft
27 Jan 2021SoldReady
AED 5,700,000AED 912 per sqft
1 Jul 2017RentedNew contract
AED 450,000/yr12 months · AED 72 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 9 May 2024.

Key facts

Type
4-bed apartment
Size
6,246 sqft
Floor
80th of 83
Parking
B1-46,B1-47,B1-48
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 81,800 /yr
Last sold
AED 5.7M · January 2021

About 8002, Elite Residence

8002 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 27 January 2021 for AED 5,700,000, or AED 912 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 9 May 2024, is AED 600,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 81,800 a year.

Sales and rents for 8002 over time

Sales
Unit 8002, 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, January 2021: AED 5,700,000 (AED 912 per sqft)

8002 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8002, 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, July 2017: AED 450,000 a yearNew contract, February 2022: AED 500,000 a yearNew contract, May 2024: AED 600,000 a yearNew contract, May 2024: AED 600,000 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 8002 sits

All 50 4-beds →

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. 8002's AED 600,000 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 80th floor

All 697 units in Elite Residence
Value
80014-bedAED 9.9M · May 2024

8002, Elite Residence in numbers

  • Sold 3 times: first on 3 July 2009 for AED 12,858,356, last on 27 January 2021 for AED 5,700,000 (AED 912 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 450,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2021 price is 10.5%, 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 9 May 2024.

Questions about 8002, Elite Residence

What did unit 8002 last sell for?

AED 5,700,000 on 27 January 2021: AED 912 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 8002?

AED 600,000 a year on the contract signed on 9 May 2024. The previous contract, from May 2024, was AED 600,000; the unit has been rented since July 2017.

How big is unit 8002?

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 8002 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 8002, Elite Residence

Starts from the last sale price (AED 5.7M, 27 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,700,000
Deposit, UAE resident (20%)
AED 1,140,000
Deposit, non-resident (40%)
AED 2,280,000
Monthly over 25 years at 3.7%
AED 23,320

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