4-bed · 3,173 sqftElite Residence, Dubai Marina · 62nd floor · completed 2012

6203, Elite Residence

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6203 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 2.03M29 June 2015
Current rentAED 208K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6203, Elite Residence

What is 6203 worth today?

Last sold for AED 2,025,000 in 2015

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17 Feb 2025RentedRenewal
AED 208,491/yr8 months · AED 66 per sqft
17 Feb 2024RentedRenewal
AED 209,632/yr12 months · AED 66 per sqft
17 Feb 2022RentedRenewal
AED 181,500/yr12 months · AED 57 per sqft
17 Aug 2020RentedRenewal
AED 165,445/yr18 months · AED 52 per sqft
17 Aug 2019RentedNew contract
AED 180,000/yr12 months · AED 57 per sqft
17 Aug 2018RentedNew contract
AED 205,000/yr12 months · AED 65 per sqft
17 Aug 2015RentedNew contract
AED 225,000/yr12 months · AED 71 per sqft
29 Jun 2015SoldReady
AED 2,025,000AED 638 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
4-bed apartment
Size
3,173 sqft
Floor
62nd of 83
Parking
P1-73
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 2.03M · June 2015

About 6203, Elite Residence

6203 is a four-bedroom apartment of 3,173 sqft on the 62nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 June 2015 for AED 2,025,000, or AED 638 per sqft, in line with the AED 638 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 17 February 2025, is AED 208,491 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 41,600 a year.

Sales and rents for 6203 over time

Sales
Unit 6203, each saleTypical four-bed in Elite Residence
5M2009201420192024Typical sale price by year: 2009 AED 8,204,272; 2010 AED 6,565,853; 2012 AED 5,146,704; 2013 AED 4,766,545; 2014 AED 6,053,984; 2015 AED 2,025,000; 2021 AED 3,185,000; 2022 AED 8,750,000; 2023 AED 3,900,000; 2024 AED 4,021,848; 2025 AED 5,750,000Sold by developer, October 2009: AED 1,808,150 (AED 569 per sqft)Sold, August 2012: AED 1,808,150 (AED 569 per sqft)Sold, June 2015: AED 2,025,000 (AED 638 per sqft)

6203 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6203, each contractTypical four-bed in Elite Residence
200K300K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 250,000; 2015 AED 255,000; 2016 AED 275,730; 2017 AED 255,000; 2018 AED 216,925; 2019 AED 200,000; 2020 AED 180,000; 2021 AED 197,500; 2022 AED 210,000; 2023 AED 215,000; 2024 AED 287,500; 2025 AED 283,933; 2026 AED 300,000New contract, November 2014: AED 268,000 a yearNew contract, August 2015: AED 225,000 a yearNew contract, August 2018: AED 205,000 a yearNew contract, August 2019: AED 180,000 a yearRenewal, August 2020: AED 165,445 a yearRenewal, February 2022: AED 181,500 a yearRenewal, February 2024: AED 209,632 a yearRenewal, February 2025: AED 208,491 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Elite Residence, and where 6203 sits

All 47 4-beds →

6203 last sold in June 2015 at AED 638 per sqft, in line with what four-beds in Elite Residence were fetching at the time (AED 638). Over the last 12 months four-beds sold for AED 3,600,000 to 3,700,000, around AED 1,134 per sqft, and rent for AED 92,000 to 950,000 a year. 6203's AED 208,491 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
18 Dec 20253,600,000
18 Dec 20253,600,000
26 Jun 20255,900,000
18 Jun 20255,750,000
3 4-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 62nd floor

All 697 units in Elite Residence
Value
62014-bedAED 4.4M · Feb 2018
62024-bedAED 6.65M · Dec 2012
62044-bedAED 1.33M · Feb 2022

6203, Elite Residence in numbers

  • Sold 3 times: first on 25 October 2009 for AED 1,808,150, last on 29 June 2015 for AED 2,025,000 (AED 638 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 268,000 to AED 165,445 in 2020 and recovered to AED 208,491 by February 2025.
  • At AED 208,491 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 41,600 a year (AED 13.10 per sqft).
  • Four-beds in Elite Residence sold for AED 3,600,000–3,700,000 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 17 February 2025.

Questions about 6203, Elite Residence

What did unit 6203 last sell for?

AED 2,025,000 on 29 June 2015: AED 638 per sqft for 3,173 sqft. The unit has 3 registered sales; the first was AED 1,808,150 in October 2009.

What is the rent for unit 6203?

AED 208,491 a year on the contract renewed on 17 February 2025. The previous contract, from February 2024, was AED 209,632; the unit has been rented since November 2014.

How big is unit 6203?

3,173 sqft (294.8 sqm): a four-bedroom apartment on the 62nd floor of a 83-storey tower completed in 2012.

What is unit 6203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elite Residence sold for AED 3,600,000 to 3,700,000 in the last 12 months, around AED 1,134 per sqft.

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Mortgage on 6203, Elite Residence

Starts from the last sale price (AED 2.03M, 29 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

Plus AED 90,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →