2-bed · 1,331 sqftElite Residence, Dubai Marina · 45th floor · completed 2012

4511, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4511 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.38M27 December 2012
Current rentAED 120K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4511, Elite Residence

What is 4511 worth today?

Last sold for AED 2,375,684 in 2012

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1 Aug 2025RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
1 Jun 2025RentedRenewal
AED 210,000/yr12 months · AED 157 per sqft
1 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
1 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
3 Apr 2021RentedNew contract
AED 58,000/yr12 months · AED 43 per sqft
12 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
17 Sep 2019RentedRenewal
AED 105,000/yr9 months · AED 79 per sqft
17 Jun 2019RentedRenewal
AED 105,000/yr3 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
45th of 83
Parking
B2-37
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.38M · December 2012

About 4511, Elite Residence

4511 is a two-bedroom apartment of 1,331 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 27 December 2012 for AED 2,375,684, or AED 1,785 per sqft, 40% above the AED 1,278 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 1 August 2025, is AED 120,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 17,400 a year.

Sales and rents for 4511 over time

Sales
Unit 4511, 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, August 2009: AED 2,375,684 (AED 1,785 per sqft)Sold, December 2012: AED 2,375,684 (AED 1,785 per sqft)

4511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4511, each contractTypical two-bed in Elite Residence
100K200K2012201620202024Typical 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, March 2013: AED 100,000 a yearNew contract, March 2014: AED 105,000 a yearRenewal, May 2016: AED 130,000 a yearRenewal, May 2017: AED 130,000 a yearNew contract, June 2018: AED 105,000 a yearRenewal, June 2019: AED 105,000 a yearRenewal, September 2019: AED 105,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, April 2021: AED 58,000 a yearNew contract, June 2023: AED 100,000 a yearRenewal, June 2024: AED 110,000 a yearRenewal, June 2025: AED 210,000 a yearNew contract, August 2025: AED 120,000 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 4511 sits

All 198 2-beds →

4511 last sold in December 2012 at AED 1,785 per sqft, 40% 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. 4511's AED 120,000 is at the bottom 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 45th floor

All 697 units in Elite Residence
Value
45011-bedAED 1.5M · Jun 2014
45022-bedAED 1.45M · Apr 2021
45031-bedAED 1.65M · Apr 2013
45041-bedAED 1.65M · Dec 2012
45052-bedAED 1.7M · Jan 2016
45061-bedAED 1.3M · Oct 2014
45071-bedAED 1.4M · Oct 2024
1–7 of 11

4511, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 2,375,684, last on 27 December 2012 for AED 2,375,684 (AED 1,785 per sqft).
  • Rented since March 2013 on 13 Ejari contracts. The rent fell from AED 100,000 to AED 58,000 in 2021 and recovered to AED 120,000 by August 2025.
  • At AED 120,000 a year the gross yield on the 2012 price is 5.1%, 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 1 August 2025.

Questions about 4511, Elite Residence

What did unit 4511 last sell for?

AED 2,375,684 on 27 December 2012: AED 1,785 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,375,684 in August 2009.

What is the rent for unit 4511?

AED 120,000 a year on the contract signed on 1 August 2025. The previous contract, from June 2025, was AED 210,000; the unit has been rented since March 2013.

How big is unit 4511?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 45th floor of a 83-storey tower completed in 2012.

What is unit 4511 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 4511, Elite Residence

Starts from the last sale price (AED 2.38M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,684
Deposit, UAE resident (20%)
AED 475,137
Deposit, non-resident (40%)
AED 950,274
Monthly over 25 years at 3.7%
AED 9,720

Plus AED 104,788 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →