1-bed · 737 sqftElite Residence, Dubai Marina · 49th floor · completed 2012

4910, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4910 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.22M29 December 2012
Current rentAED 76K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4910, Elite Residence

What is 4910 worth today?

Last sold for AED 1,224,959 in 2012

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15 Jun 2024RentedRenewal
AED 75,900/yr12 months · AED 104 per sqft
14 Jun 2023RentedRenewal
AED 65,817/yr12 months · AED 90 per sqft
29 Dec 2012SoldReady
AED 1,224,959AED 1,662 per sqft
10 Aug 2009Sold by developerOff-plan
AED 1,224,959AED 1,662 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
49th of 83
Parking
P2-15
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.22M · December 2012

About 4910, Elite Residence

4910 is a one-bedroom apartment of 737 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 29 December 2012 for AED 1,224,959, or AED 1,662 per sqft, 21% above the AED 1,368 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 75,900 a year: a gross yield of 6.2% on the 2012 price, before the service charge of about AED 9,700 a year.

Sales and rents for 4910 over time

Sales
Unit 4910, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, August 2009: AED 1,224,959 (AED 1,662 per sqft)Sold, December 2012: AED 1,224,959 (AED 1,662 per sqft)

4910 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4910, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500Renewal, June 2023: AED 65,817 a yearRenewal, June 2024: AED 75,900 a year

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 4910 sits

All 398 1-beds →

4910 last sold in December 2012 at AED 1,662 per sqft, 21% above what one-beds in Elite Residence were fetching at the time (AED 1,368). 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. 4910's AED 75,900 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 1-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 49th floor

All 697 units in Elite Residence
Value
49011-bedAED 2.3M · Aug 2024
49022-bedAED 1.8M · Jul 2018
49031-bedAED 1.7M · Feb 2024
49041-bedAED 1.35M · Mar 2013
49052-bedAED 2M · Feb 2013
49061-bedAED 1.14M · Oct 2015
49071-bedAED 1.3M · Jun 2013
1–7 of 11

4910, Elite Residence in numbers

  • Sold twice: first on 10 August 2009 for AED 1,224,959, last on 29 December 2012 for AED 1,224,959 (AED 1,662 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 65,817 to AED 75,900 a year.
  • At AED 75,900 a year the gross yield on the 2012 price is 6.2%, 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 15 June 2024.

Questions about 4910, Elite Residence

What did unit 4910 last sell for?

AED 1,224,959 on 29 December 2012: AED 1,662 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,224,959 in August 2009.

What is the rent for unit 4910?

AED 75,900 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 65,817.

How big is unit 4910?

737 sqft (68.5 sqm): a one-bedroom apartment on the 49th floor of a 83-storey tower completed in 2012.

What is unit 4910 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 4910, Elite Residence

Starts from the last sale price (AED 1.22M, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,224,959
Deposit, UAE resident (20%)
AED 244,992
Deposit, non-resident (40%)
AED 489,984
Monthly over 25 years at 3.7%
AED 5,012

Plus AED 56,458 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →