3-bed · 6,065 sqftElite Residence, Dubai Marina · 82nd floor · completed 2012

8202, Elite Residence

Sold prices and rental history: sold twice, last in November 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8202 · DLD and Ejari recordsUpdated 5 October 2021
Last soldAED 6M20 November 2017
Current rentAED 650K /yr5 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8202, Elite Residence

What is 8202 worth today?

Last sold for AED 6,000,000 in 2017

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5 Oct 2021RentedNew contract
AED 650,000/yr12 months · AED 107 per sqft
30 Jul 2020RentedNew contract
AED 650,000/yr12 months · AED 107 per sqft
20 Nov 2017SoldReady
AED 6,000,000AED 989 per sqft
29 Aug 2012Sold by developerReady
AED 10,038,582AED 1,655 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type
3-bed apartment
Size
6,065 sqft
Floor
82nd of 83
Parking
P1-45,P1-46,P1-47
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 79,400 /yr
Last sold
AED 6M · November 2017

About 8202, Elite Residence

8202 is a three-bedroom apartment of 6,065 sqft on the 82nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 November 2017 for AED 6,000,000, or AED 989 per sqft, 17% below the AED 1,195 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 5 October 2021, is AED 650,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 79,400 a year.

Sales and rents for 8202 over time

Sales
Unit 8202, each saleTypical three-bed in Elite Residence
5M10M2009201320172021Typical sale price by year: 2009 AED 6,985,211; 2012 AED 4,200,000; 2013 AED 3,750,000; 2017 AED 6,000,000; 2021 AED 3,600,000Sold by developer, August 2012: AED 10,038,582 (AED 1,655 per sqft)Sold, November 2017: AED 6,000,000 (AED 989 per sqft)

8202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 8202, each contractTypical three-bed in Elite Residence
250K500K2013201720212025Typical rent by year: 2013 AED 240,000; 2014 AED 245,000; 2015 AED 242,500; 2016 AED 245,000; 2017 AED 240,000; 2018 AED 230,310; 2019 AED 167,500; 2020 AED 210,000; 2021 AED 192,500; 2022 AED 200,000; 2023 AED 205,000; 2024 AED 237,500; 2025 AED 225,000; 2026 AED 215,000New contract, July 2020: AED 650,000 a yearNew contract, October 2021: AED 650,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Elite Residence, and where 8202 sits

All 22 3-beds →

8202 last sold in November 2017 at AED 989 per sqft, 17% below what three-beds in Elite Residence were fetching at the time (AED 1,195). Over the last 12 months three-beds sold for AED 4,779,471, around AED 1,480 per sqft, and rent for AED 79,778 to 475,000 a year. 8202's AED 650,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 20264,779,471
27 Mar 20254,300,000
22 Feb 20242,800,000
23 Nov 202313,800,000
1 3-bed sale 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 82nd floor

All 697 units in Elite Residence
Value
82013-bedAED 13.8M · Nov 2023

8202, Elite Residence in numbers

  • Sold twice: first on 29 August 2012 for AED 10,038,582, last on 20 November 2017 for AED 6,000,000 (AED 989 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, at AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 79,400 a year (AED 13.10 per sqft).
  • Three-beds in Elite Residence sold for AED 4,779,471–4,779,471 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 5 October 2021.

Questions about 8202, Elite Residence

What did unit 8202 last sell for?

AED 6,000,000 on 20 November 2017: AED 989 per sqft for 6,065 sqft. The unit has 2 registered sales; the first was AED 10,038,582 in August 2012.

What is the rent for unit 8202?

AED 650,000 a year on the contract signed on 5 October 2021. The previous contract, from July 2020, was AED 650,000.

How big is unit 8202?

6,065 sqft (563.5 sqm): a three-bedroom apartment on the 82nd floor of a 83-storey tower completed in 2012.

What is unit 8202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Elite Residence sold for AED 4,779,471 to 4,779,471 in the last 12 months, around AED 1,480 per sqft.

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Mortgage on 8202, Elite Residence

Starts from the last sale price (AED 6M, 20 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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