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Elite Residence

A 1 bed in Elite Residence costs a median AED 1.28M, rents long-let for AED 85,000/yr (6.67% gross), and returns 11.73% short-let at the assumed 80% occupancy — +0.4 pts vs Dubai Marina's 6.24% and -0.3 pts vs Dubai's 6.98% — from 71 sales and 243 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
23 in 12 months
Rental contracts · 1 bed
121 in 12 months
Buy
1.28MAED
AED 1,520/sqft
Long-let
85,000AED
AED 102/sqft · 6.67%
Short-let
11.73%
AED 667/night · 0.77/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent July 2026.

Priced off 5 sales in the last 3 months.

Yield spread
+0.4 pts
vs the Dubai Marina median for this unit type
AED/yr/sqft
AED 102
Sales
71
Rental contracts
243
Renewal rent
AED 85,000/yr
12 months
-5.6%
3 years
+0.0%+0.0%/yr

Based on 71 sales and 243 rental contracts in the last 24 months.

Elite Residence is an apartment building in Dubai Marina, Dubai. The closest metro station is Mina Seyahi, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 1,200 registered sales in all — the 71 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 85,0001026.67%
+0.4 pts
243
2 bedAED 132,5001007.24%
+1.5 pts
120
3 bedAED 309,49197—4
4+ bedAED 300,000958.11%
+1.5 pts
18

Deltas compare each yield with the Dubai Marina median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Elite Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed6670.77AED 150,123AED 85,0001.8×11.73%8+
2 bed500m7550.57AED 164,001AED 132,5001.2×8.86%15+
3 bed1,2950.27AED 240,350AED 309,4910.8×3.62%1+
4+ bed2,9360.93AED 671,213AED 300,0002.2×17.90%1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.72 AED/night/sqft; latest Sep 2027, 0.65 AED/night/sqft; peak Nov 2026, 0.95 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Elite Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

47 resales in the last 12 months, against 74 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
8 Jul 20262 bed1,330AED 2,060,0001,549
7 Jul 20262 bed1,329AED 1,810,0001,362
2 Jul 20261 bed737AED 1,275,0001,731
1 Jul 20263 bed6,065AED 8,976,3991,480
1 Jul 20261 bed737AED 1,325,0001,799
24 Jun 20261 bed737AED 1,120,0001,520
23 Jun 20262 bed1,329AED 1,850,0001,392
16 Jun 20261 bed960AED 1,350,0001,406
12 Jun 20261 bed960AED 1,220,0001,270
10 Jun 20262 bed1,329AED 1,807,9811,360

10 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
5 Sept 20262 bed1,329AED 127,00096Renewal
1 Sept 20261 bed959AED 82,00085Renewal
1 Sept 20261 bed960AED 80,00083New
1 Sept 20262 bed1,331AED 100,00075New
1 Sept 20261 bed801AED 65,00081New
30 Aug 20261 bed960AED 75,00078New
29 Aug 20261 bed737AED 75,000102New
28 Aug 20262 bed1,331AED 105,00079New
27 Aug 20261 bed959AED 63,00066New
26 Aug 20262 bed1,329AED 105,00079New
25 Aug 20262 bed1,329AED 126,00095Renewal
25 Aug 20261 bed959AED 70,00073New
24 Aug 20262 bed1,331AED 119,60190New
24 Aug 20261 bed737AED 63,00086New
22 Aug 20262 bed1,331AED 115,62287Renewal
22 Aug 20261 bed960AED 77,00080New
21 Aug 20261 bed802AED 80,000100New
21 Aug 20261 bed737AED 68,00092New
20 Aug 20262 bed1,329AED 165,000124New
20 Aug 20261 bed960AED 95,00099Renewal
20 Aug 20262 bed1,330AED 135,000102New
20 Aug 20261 bed960AED 68,00071New
17 Aug 20262 bed1,329AED 110,00083New
17 Aug 20261 bed802AED 80,000100Renewal
15 Aug 20262 bed1,329AED 100,00075New
15 Aug 20262 bed1,329AED 100,00075New
15 Aug 20261 bed737AED 65,00088New
11 Aug 20261 bed801AED 94,000117Renewal
10 Aug 20261 bed960AED 70,00073New
7 Aug 20261 bed960AED 80,00083New
7 Aug 20262 bed1,331AED 135,382102Renewal
7 Aug 20261 bed960AED 92,30896New
6 Aug 20261 bed960AED 60,00062Renewal
6 Aug 20261 bed960AED 75,00078New
5 Aug 20261 bed960AED 88,00092Renewal
5 Aug 20261 bed801AED 80,000100New
1 Aug 20263 bed3,177AED 475,000149New
1 Aug 20261 bed737AED 75,000102Renewal
1 Aug 20262 bed1,331AED 132,00099New
1 Aug 20262 bed1,331AED 115,00086New
1 Aug 20261 bed802AED 125,000156Renewal
1 Aug 20261 bed802AED 100,000125Renewal
1 Aug 20262 bed1,329AED 100,00075New
1 Aug 20264+ bed3,211AED 300,00093Renewal
30 Jul 20261 bed959AED 82,00085Renewal
27 Jul 20262 bed1,329AED 110,00083New
25 Jul 20261 bed960AED 84,00087Renewal
25 Jul 20261 bed960AED 75,00078Renewal
22 Jul 20261 bed959AED 83,00087Renewal
20 Jul 20263 bed3,177AED 378,981119New
18 Jul 20262 bed1,330AED 115,00086New
17 Jul 20261 bed959AED 69,00072New
15 Jul 20261 bed959AED 87,00091Renewal
12 Jul 20261 bed802AED 85,000106New
10 Jul 20261 bed959AED 63,00066New
7 Jul 20261 bed959AED 72,00075New
6 Jul 20261 bed737AED 95,000129Renewal
5 Jul 20261 bed737AED 75,000102New
4 Jul 20261 bed960AED 85,00089New
4 Jul 20261 bed737AED 60,00081New

Showing the 60 most recent of 103 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
75
Flats
697

Nearby

Metro
Mina Seyahi
Mall
Marina Mall
Landmark
Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Dubai Marina, on the same figures over the same window.

Common questions

What is the rental yield in Elite Residence?
Elite Residence returns 6.67% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 243 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Elite Residence cost?
The median registered sale price is AED 1.28M (1,485 AED/sqft), from 71 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Elite Residence selling for right now?
Registered sales of ready units in Elite Residence over the last 3 months have a median of 1,520 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Elite Residence risen or fallen?
Median price per square foot moved +7.3% over the last 12 months against the 12 before it, on 71 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Elite Residence compare with Dubai Marina?
Its 6.67% gross yield sits +0.4 pts against the Dubai Marina median of 6.24%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Elite Residence rental record

Record type
Building-level property market record
Data date
Evidence base
243 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/dubai-marina/elite-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Elite Residence rents and yield.” Dubai Marina, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-marina/elite-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.