4906, Elite Residence
Sold prices and rental history: sold 3 times, last in October 2015, 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 4906, Elite Residence
What is 4906 worth today?
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Source: Dubai Land Department. Updated 6 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 49th of 83
- Parking
- P2-70
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.14M · October 2015
- Building
- Elite Residence
About 4906, Elite Residence
4906 is a one-bedroom apartment of 960 sqft on the 49th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 11 October 2015 for AED 1,135,000, or AED 1,181 per sqft, 13% below the AED 1,354 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 6 March 2024, is AED 75,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 12,600 a year.
Sales and rents for 4906 over time
4906 has sold 3 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 4906 sits
All 398 1-beds →4906 last sold in October 2015 at AED 1,181 per sqft, 13% below what one-beds in Elite Residence were fetching at the time (AED 1,354). 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. 4906's AED 75,000 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 49th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4901 | 1-bed | 960 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | 90,000 /yr | |
| 4902 | 2-bed | 1,331 sqft | AED 1.8MAED 1,800,000 · Jul 2018July 2018 | 130,000 /yr | |
| 4903 | 1-bed | 801 sqft | AED 1.7MAED 1,700,000 · Feb 2024February 2024 | 68,970 /yr | |
| 4904 | 1-bed | 802 sqft | AED 1.35MAED 1,350,000 · Mar 2013March 2013 | 55,000 /yr | |
| 4905 | 2-bed | 1,330 sqft | AED 2MAED 2,000,000 · Feb 2013February 2013 | 108,000 /yr | |
| 4907 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · Jun 2013June 2013 | 85,000 /yr | |
| 4908 | 2-bed | 1,331 sqft | AED 1.64MAED 1,640,100 · Dec 2012December 2012 | 121,037 /yr | |
| 4909 | 1-bed | 737 sqft | AED 1.22MAED 1,224,959 · Feb 2013February 2013 | 115,000 /yr | |
| 4910 | 1-bed | 737 sqft | AED 1.22MAED 1,224,959 · Dec 2012December 2012 | 75,900 /yr | |
| 4911 | 2-bed | 1,331 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | 90,000 /yr | |
| 4912 | 1-bed | 960 sqft | AED 1.05MAED 1,050,000 · Feb 2019February 2019 | 55,000 /yr |
4906, Elite Residence in numbers
- Sold 3 times: first on 25 August 2009 for AED 1,380,321, last on 11 October 2015 for AED 1,135,000 (AED 1,181 per sqft).
- Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 87,000 to AED 60,000 in 2020 and recovered to AED 75,000 by March 2024.
- At AED 75,000 a year the gross yield on the 2015 price is 6.6%, 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 6 March 2024.
Questions about 4906, Elite Residence
What did unit 4906 last sell for?
AED 1,135,000 on 11 October 2015: AED 1,181 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,380,321 in August 2009.
What is the rent for unit 4906?
AED 75,000 a year on the contract renewed on 6 March 2024. The previous contract, from March 2023, was AED 70,000; the unit has been rented since December 2013.
How big is unit 4906?
960 sqft (89.2 sqm): a one-bedroom apartment on the 49th floor of a 83-storey tower completed in 2012.
What is unit 4906 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 4906, Elite Residence
Starts from the last sale price (AED 1.14M, 11 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,135,000
- Deposit, UAE resident (20%)
- AED 227,000
- Deposit, non-resident (40%)
- AED 454,000
- Monthly over 25 years at 3.7%
- AED 4,644
Plus AED 52,680 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →