Elite Residence rents
- 220 new leases and 139 renewals in 12 months
- 697 units
- Dubai Marina
- near Mina Seyahi
A one-bed here leases for about AED 81,000 a year, 15% below the typical Dubai Marina one-bed. Renewing tenants pay more than new ones: AED 85,000.
1 bed · typical new lease
81,000AEDa year
AED 95/sqft · -10.0% on a year
- A month, roughly
- AED 6,750
- Renewal
- AED 85,000
- vs Dubai Marina 1 bed
- 15% below the median
- New leases, 12 months
- 132
What should a lease in Elite Residence cost?A one-bed leases for about AED 81,000 a year; renewing tenants pay 4.9% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Marina median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 10.0% less than a year earlier: AED 81,000 against 90,000.
Chart data, 1 bed: Sep 2012, AED 76,250; latest, Oct 2026, AED 75,750; peak, Oct 2015, AED 102,500.
Showing the 60 most recent of 359 contracts starting on or after 12 Oct 2025.
About Elite ResidenceA 75-floor tower in Dubai Marina, a 17-minute drive from Palm Jumeirah
Elite Residence is an apartment building completed in 2012 in Dubai Marina with 697 registered units. 359 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 75
Drive times · typical
- Downtown
- 21 min · 21 km
- DXB Airport
- 25 min · 34 km
- DIFC
- 17 min · 24 km
- Dubai Marina
- 8 min · 2.8 km
- Palm Jumeirah
- 17 min · 12 km
Nearest, as registered
- Metro
- Mina Seyahi
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Letting a unit in Elite Residence?52% of units here signed a yearly lease in 12 months, above the Dubai Marina median; new tenants pay less than renewing ones
- Units on a yearly lease
- 52%Fair
- Dubai Marina median 39%; top tenth from 63%
- New tenant vs renewal
- -3.2%
- New leases AED 92,000, renewals 95,000, all types
- Short-let instead, one-bed
- AED 667
- a night on Airbnb; nets 1.6× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Elite Residence sale prices →Comparables in Dubai Marina
Every Dubai Marina building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Elite Residence places 57th of 75; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Elite Residence.
At 1 bed, Elite Residence ranks 49th of 58 by rent per square foot and 11th of 40 by gross yield in Dubai Marina.
Market context in Dubai Marina
Registered sales activity
2,029 ready apartment sales in the 12 months to 2026-10-12.
+14.7% in median AED/sqft versus the preceding year, supported by 2,029 current and 2,897 prior price observations.
Explore sales activityPlanned apartment projects
2,006 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.
4 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today.
Ready prices per sqft fell in 37% of 122 buildings (counted once per bedroom type) in Dubai Marina with sales in both years; the typical one moved +2.4%.
The pooled median moved +14.7%: 12.4 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 88% of 84 buildings (counted once per bedroom type) with leases in both years; the typical one moved −8.3%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Dubai Marina
Prices per sq ft around Elite Residence, on the mapPrices per sq ft around Elite Residence, on the map
DAMAC Heights
Dubai Marina · 280 contracts, 12 months
142,500
AED a year median · 110/sqft
Bay Central 2
Dubai Marina · 247 contracts, 12 months
84,600
AED a year median · 123/sqft
Bay Central 1
Dubai Marina · 247 contracts, 12 months
84,600
AED a year median · 123/sqft
Princess Tower
Dubai Marina · 240 contracts, 12 months
100,000
AED a year median · 89/sqft
Ask about Elite Residence
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Common questions
- What is the registered annual rent for a 1 bedroom in Elite Residence?
- The median new annual rent is AED 81,000, from 132 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Elite Residence risen or fallen?
- The median new annual rent changed -10.0% in the trailing 12 months against the previous 12, using 132 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Elite Residence pay more than sitting ones?
- A new tenant pays -4.7% against a renewing one, across 95 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Elite Residence?
- 21 sales were registered with the Dubai Land Department in the last 12 months, alongside 132 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Elite Residence?
- Mina Seyahi, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
Send this page to a client as a branded report
Elite Residence rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 132 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/dubai-marina/elite-residence
Cite as: Dubai Wealth Index. “Elite Residence rents and yield.” Dubai Marina, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-marina/elite-residence
Stable dataJSON