4005, Elite Residence
Sold prices and rental history: sold 3 times, last in January 2017, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4005, Elite Residence
What is 4005 worth today?
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Source: Dubai Land Department. Updated 21 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,330 sqft
- Floor
- 40th of 83
- Parking
- B2-48
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.9M · January 2017
- Building
- Elite Residence
About 4005, Elite Residence
4005 is a two-bedroom apartment of 1,330 sqft on the 40th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 January 2017 for AED 1,900,000, or AED 1,428 per sqft, 12% above the AED 1,278 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 21 February 2025. The current contract, signed on 21 February 2025, is AED 135,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4005 over time
4005 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Residence, and where 4005 sits
All 198 2-beds →4005 last sold in January 2017 at AED 1,428 per sqft, 12% above what two-beds in Elite Residence were fetching at the time (AED 1,278). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 4005's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
Elite Residence
Building697 apartments, 1-bed to 5-bed over 83 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,404 Down 1.7%
- Typical sale
- AED 1.85M
- Typical rent
- AED 105K /yr
- Typical yield
- 7.0%
Other units on the 40th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 960 sqft | AED 1.23MAED 1,225,000 · Apr 2024April 2024 | 100,000 /yr | |
| 4002 | 2-bed | 1,331 sqft | AED 2.48MAED 2,480,000 · Dec 2015December 2015 | 73,000 /yr | |
| 4003 | 1-bed | 801 sqft | AED 1.9MAED 1,900,000 · Jan 2014January 2014 | ||
| 4004 | 1-bed | 802 sqft | AED 1.1MAED 1,100,000 · Oct 2024October 2024 | 98,000 /yr | |
| 4006 | 1-bed | 960 sqft | AED 1.27MAED 1,270,000 · Feb 2025February 2025 | 50,000 /yr | |
| 4007 | 1-bed | 959 sqft | AED 1.44MAED 1,437,242 · Jul 2024July 2024 | 90,000 /yr | |
| 4008 | 2-bed | 1,331 sqft | AED 2.12MAED 2,116,130 · Feb 2024February 2024 | 75,000 /yr | |
| 4009 | 1-bed | 737 sqft | AED 1.08MAED 1,080,000 · Sep 2013September 2013 | 83,000 /yr | |
| 4010 | 1-bed | 737 sqft | AED 1.14MAED 1,140,000 · Sep 2013September 2013 | 60,500 /yr | |
| 4011 | 2-bed | 1,331 sqft | AED 1.9MAED 1,900,000 · Feb 2014February 2014 | 155,000 /yr | |
| 4012 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Sep 2017September 2017 | 59,000 /yr |
4005, Elite Residence in numbers
- Sold 3 times: first on 10 August 2009 for AED 2,554,168, last on 24 January 2017 for AED 1,900,000 (AED 1,428 per sqft).
- Rented since February 2025 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.
Source: Dubai Land Department. Updated 21 February 2025.
Questions about 4005, Elite Residence
What did unit 4005 last sell for?
AED 1,900,000 on 24 January 2017: AED 1,428 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 2,554,168 in August 2009.
What is the rent for unit 4005?
AED 135,000 a year on the contract signed on 21 February 2025.
How big is unit 4005?
1,330 sqft (123.6 sqm): a two-bedroom apartment on the 40th floor of a 83-storey tower completed in 2012.
What is unit 4005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.
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Mortgage on 4005, Elite Residence
Starts from the last sale price (AED 1.9M, 24 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →