4701, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4701, Elite Residence
What is 4701 worth today?
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Source: Dubai Land Department. Updated 5 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 47th of 83
- Parking
- P2-59
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.37M · December 2012
- Building
- Elite Residence
About 4701, Elite Residence
4701 is a one-bedroom apartment of 960 sqft on the 47th 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 1,374,076, or AED 1,430 per sqft, 5% above the AED 1,365 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 5 April 2025, is AED 85,000 a year: a gross yield of 6.2% on the 2012 price, before the service charge of about AED 12,600 a year.
Sales and rents for 4701 over time
4701 has sold twice; 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 4701 sits
All 398 1-beds →4701 last sold in December 2012 at AED 1,430 per sqft, 5% above what one-beds in Elite Residence were fetching at the time (AED 1,365). 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. 4701's AED 85,000 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 47th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4702 | 2-bed | 1,331 sqft | AED 2MAED 2,000,000 · Sep 2013September 2013 | 138,000 /yr | |
| 4703 | 1-bed | 801 sqft | AED 490KAED 490,000 · Feb 2022February 2022 | 108,000 /yr | |
| 4704 | 1-bed | 802 sqft | AED 1.19MAED 1,190,000 · Sep 2021September 2021 | 110,000 /yr | |
| 4705 | 2-bed | 1,330 sqft | AED 2.75MAED 2,748,768 · Sep 2012September 2012 | 110,000 /yr | |
| 4706 | 1-bed | 960 sqft | AED 890KAED 890,000 · Jun 2022June 2022 | 95,000 /yr | |
| 4707 | 1-bed | 959 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 82,000 /yr | |
| 4708 | 2-bed | 1,331 sqft | AED 1.62MAED 1,620,000 · May 2017May 2017 | 1,200 /yr | |
| 4709 | 1-bed | 737 sqft | AED 1.22MAED 1,219,416 · Dec 2012December 2012 | 70,000 /yr | |
| 4710 | 1-bed | 368 sqft | AED 399KAED 399,457 · Nov 2022November 2022 | 66,000 /yr | |
| 4711 | 2-bed | 1,331 sqft | AED 2.27MAED 2,272,888 · Oct 2012October 2012 | 120,000 /yr | |
| 4712 | 1-bed | 960 sqft | AED 1.24MAED 1,235,000 · Oct 2024October 2024 | 120,000 /yr |
4701, Elite Residence in numbers
- Sold twice: first on 10 August 2009 for AED 1,374,076, last on 27 December 2012 for AED 1,374,076 (AED 1,430 per sqft).
- Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 85,000 by April 2025.
- At AED 85,000 a year the gross yield on the 2012 price is 6.2%, before a service charge of about AED 12,600 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 5 April 2025.
Questions about 4701, Elite Residence
What did unit 4701 last sell for?
AED 1,374,076 on 27 December 2012: AED 1,430 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,374,076 in August 2009.
What is the rent for unit 4701?
AED 85,000 a year on the contract signed on 5 April 2025. The previous contract, from March 2024, was AED 78,000; the unit has been rented since January 2016.
How big is unit 4701?
960 sqft (89.2 sqm): a one-bedroom apartment on the 47th floor of a 83-storey tower completed in 2012.
What is unit 4701 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 4701, Elite Residence
Starts from the last sale price (AED 1.37M, 27 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,374,076
- Deposit, UAE resident (20%)
- AED 274,815
- Deposit, non-resident (40%)
- AED 549,630
- Monthly over 25 years at 3.7%
- AED 5,622
Plus AED 62,721 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →