
4509, Elite Residence
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4509, Elite Residence
What is 4509 worth today?
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Source: Dubai Land Department. Updated 9 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 45th of 83
- Parking
- B2-07
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.13M · January 2023
- Building
- Elite Residence
About 4509, Elite Residence
4509 is a one-bedroom apartment of 737 sqft on the 45th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 9 January 2023 for AED 1,130,000, or AED 1,533 per sqft, 39% above the AED 1,104 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 23 September 2021, is AED 52,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 4509 over time
4509 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Elite Residence, and where 4509 sits
All 398 1-beds →4509 last sold in January 2023 at AED 1,533 per sqft, 39% above what one-beds in Elite Residence were fetching at the time (AED 1,104). Over the last 12 months one-beds sold for AED 1,190,000 to 1,450,000, around AED 1,615 per sqft, and rent for AED 36,725 to 137,000 a year. 4509's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 737 sqft | 1,190,000 | 1,615 | ||
| 9 Jan 20269 January 2026 | 737 sqft | 1,230,000 | 1,669 | ||
| 6 Jan 20266 January 2026 | 960 sqft | 1,346,497 | 1,403 | ||
| 19 Dec 202519 December 2025 | 960 sqft | 1,450,000 | 1,511 |
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 45th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 1-bed | 960 sqft | AED 1.5MAED 1,500,000 · Jun 2014June 2014 | 55,000 /yr | |
| 4502 | 2-bed | 1,331 sqft | AED 1.45MAED 1,450,000 · Apr 2021April 2021 | 138,000 /yr | |
| 4503 | 1-bed | 801 sqft | AED 1.65MAED 1,650,000 · Apr 2013April 2013 | 95,000 /yr | |
| 4504 | 1-bed | 802 sqft | AED 1.65MAED 1,654,983 · Dec 2012December 2012 | ||
| 4505 | 2-bed | 1,330 sqft | AED 1.7MAED 1,700,000 · Jan 2016January 2016 | 150,000 /yr | |
| 4506 | 1-bed | 480 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | ||
| 4507 | 1-bed | 959 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 103,000 /yr | |
| 4508 | 2-bed | 1,331 sqft | AED 1.87MAED 1,865,000 · Jan 2026January 2026 | 140,000 /yr | |
| 4510 | 1-bed | 737 sqft | AED 1.13MAED 1,125,000 · Feb 2024February 2024 | 100,000 /yr | |
| 4511 | 2-bed | 1,331 sqft | AED 2.38MAED 2,375,684 · Dec 2012December 2012 | 120,000 /yr | |
| 4512 | 1-bed | 480 sqft | AED 1.31MAED 1,314,407 · Sep 2012September 2012 | 90,000 /yr |
4509, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 1,213,873, last on 9 January 2023 for AED 1,130,000 (AED 1,533 per sqft).
- Rented since February 2013 on 5 Ejari contracts, from AED 65,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 9,700 a year (AED 13.10 per sqft).
- One-beds in Elite Residence sold for AED 1,190,000–1,450,000 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 9 January 2023.
Questions about 4509, Elite Residence
What did unit 4509 last sell for?
AED 1,130,000 on 9 January 2023: AED 1,533 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 1,213,873 in August 2009.
What is the rent for unit 4509?
AED 52,000 a year on the contract signed on 23 September 2021. The previous contract, from September 2019, was AED 70,000; the unit has been rented since February 2013.
How big is unit 4509?
737 sqft (68.5 sqm): a one-bedroom apartment on the 45th floor of a 83-storey tower completed in 2012.
What is unit 4509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,190,000 to 1,450,000 in the last 12 months, around AED 1,615 per sqft.
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Mortgage on 4509, Elite Residence
Starts from the last sale price (AED 1.13M, 9 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,000
- Deposit, UAE resident (20%)
- AED 226,000
- Deposit, non-resident (40%)
- AED 452,000
- Monthly over 25 years at 3.7%
- AED 4,623
Plus AED 52,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →