4908, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4908, Elite Residence
What is 4908 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 49th of 83
- Parking
- P2-75
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.64M · December 2012
- Building
- Elite Residence
About 4908, Elite Residence
4908 is a two-bedroom apartment of 1,331 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 27 December 2012 for AED 1,640,100, or AED 1,232 per sqft, 4% below the AED 1,278 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 February 2025, is AED 125,000 a year: a gross yield of 7.6% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 4908 over time
4908 has sold twice; the dashed line is the two-bed median of each year in the building.
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 4908 sits
All 198 2-beds →4908 last sold in December 2012 at AED 1,232 per sqft, 4% below 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. 4908's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
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 | |
| 4906 | 1-bed | 960 sqft | AED 1.14MAED 1,135,000 · Oct 2015October 2015 | 75,000 /yr | |
| 4907 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · Jun 2013June 2013 | 85,000 /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 |
4908, Elite Residence in numbers
- Sold twice: first on 26 August 2009 for AED 3,280,200, last on 27 December 2012 for AED 1,640,100 (AED 1,232 per sqft).
- Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2020 and recovered to AED 125,000 by February 2025.
- At AED 125,000 a year the gross yield on the 2012 price is 7.6%, 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 15 February 2025.
Questions about 4908, Elite Residence
What did unit 4908 last sell for?
AED 1,640,100 on 27 December 2012: AED 1,232 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 3,280,200 in August 2009.
What is the rent for unit 4908?
AED 125,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 121,037; the unit has been rented since November 2014.
How big is unit 4908?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 49th floor of a 83-storey tower completed in 2012.
What is unit 4908 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 4908, Elite Residence
Starts from the last sale price (AED 1.64M, 27 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,100
- Deposit, UAE resident (20%)
- AED 328,020
- Deposit, non-resident (40%)
- AED 656,040
- Monthly over 25 years at 3.7%
- AED 6,710
Plus AED 73,894 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →