Dubai Marina
Elite Residence
TAMEER HOLDING INVESTMENT (LLC) · Selling since 2004 · recent sales mostly resales
Median per sqft
AED 1,549/sqft
3yr CAGR
+8.4%
5yr projection (1,000 sqft)
AED 1,841,036
AED 931,489 to AED 4,095,106, from 17.2 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Elite Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Elite Residence over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Elite Residence itself; the rest are homes of the same size in Dubai Marina, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.28M | AED 85,000/yrthis building · 120 new lets | 6.7% | 23 |
| 2 beds | AED 1.85M | AED 132,000/yrthis building · 65 new lets | 7.1% | 18 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 17/sqft across 32 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 14,039 | AED 70,961 | 6.7% | 5.6% |
| 2 beds | AED 22,599 | AED 109,401 | 7.1% | 5.9% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Dubai Marina median
-31.0%
Priced at or below the area's real median.
Developer track record
8,318 real transactions
6 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
1.0 km
Al Fardan Exchange
Nearest school
2.0 km
ICCA Dubai
Nearest hospital
601 m
Health Avenue Polyclinics
Nearest supermarket
81 m
Carrefour Express
Metro stations
- Al Fardan Exchange1.0 km