2-bed · 1,331 sqftElite Residence, Dubai Marina · 44th floor · completed 2012

4408, Elite Residence

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4408 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 1.68M14 June 2024
Current rentAED 125K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4408, Elite Residence

What is 4408 worth today?

Last sold for AED 1,680,000 in 2024

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20 Aug 2025RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
20 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
14 Jun 2024SoldReady
AED 1,680,000AED 1,262 per sqft
4 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
4 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
11 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
24 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
1 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
44th of 83
Parking
P2-82
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 1.68M · June 2024

About 4408, Elite Residence

4408 is a two-bedroom apartment of 1,331 sqft on the 44th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 14 June 2024 for AED 1,680,000, or AED 1,262 per sqft, 7% below the AED 1,354 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 August 2025, is AED 125,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4408 over time

Sales
Unit 4408, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, June 2012: AED 1,382,527 (AED 1,039 per sqft)Sold, December 2012: AED 1,382,526 (AED 1,039 per sqft)Sold, March 2013: AED 1,365,000 (AED 1,025 per sqft)Sold, June 2024: AED 1,680,000 (AED 1,262 per sqft)

4408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4408, each contractTypical two-bed in Elite Residence
50K100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250New contract, July 2013: AED 100,000 a yearNew contract, November 2017: AED 100,000 a yearNew contract, December 2018: AED 90,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, January 2022: AED 70,000 a yearNew contract, August 2024: AED 125,000 a yearNew contract, August 2025: AED 125,000 a year

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 4408 sits

All 198 2-beds →

4408 last sold in June 2024 at AED 1,262 per sqft, 7% below what two-beds in Elite Residence were fetching at the time (AED 1,354). 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. 4408's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-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. 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 44th floor

All 697 units in Elite Residence
Value
44011-bedAED 1.36M · Nov 2012
44022-bedAED 2.4M · Apr 2014
44031-bedAED 1.43M · Mar 2023
44041-bedAED 1.33M · Jan 2013
44052-bedAED 2.05M · Jan 2025
44061-bedAED 1.2M · Sep 2013
44071-bedAED 1.1M · Sep 2016
1–7 of 11

4408, Elite Residence in numbers

  • Sold 4 times: first on 11 June 2012 for AED 1,382,527, last on 14 June 2024 for AED 1,680,000 (AED 1,262 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 125,000 by August 2025.
  • At AED 125,000 a year the gross yield on the 2024 price is 7.4%, 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 20 August 2025.

Questions about 4408, Elite Residence

What did unit 4408 last sell for?

AED 1,680,000 on 14 June 2024: AED 1,262 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 1,382,527 in June 2012.

What is the rent for unit 4408?

AED 125,000 a year on the contract signed on 20 August 2025. The previous contract, from August 2024, was AED 125,000; the unit has been rented since July 2013.

How big is unit 4408?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 44th floor of a 83-storey tower completed in 2012.

What is unit 4408 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 4408, Elite Residence

Starts from the last sale price (AED 1.68M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

Plus AED 75,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →