What is the rental yield in Elite Residence 1?

Elite Residence 1 returns 9.19% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 98 rental contracts registered in the last 24 months.

How much does a studio in Elite Residence 1 cost?

The median registered sale price is AED 425,000 (928 AED/sqft), from 23 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Elite Residence 1 selling for right now?

Registered sales of ready units in Elite Residence 1 over the last 12 months have a median of 934 AED/sqft, across 12 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 1 risen or fallen?

Median price per square foot moved +0.6% over the last 12 months against the 12 before it, on 23 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Elite Residence 1 compare with Dubai Sports City?

Its 9.19% gross yield sits +0.3 pts against the Dubai Sports City median of 8.89%, computed at the same bedroom grain over the same 24-month window.

Elite Residence 1 — rental prices & yield

Buy: 425,000AED; AED 934/sqft
Long-let: 39,500AED; AED 86/sqft · 9.19%
Short-let: 17.29%; AED 329/night · 0.72/sqft

Price per sqft: Median of 12 registered sales of ready units in the last 12 months, most recent April 2026.

Priced off the last 5 sales — most recent April 2026.

Yield spread: +0.3 pts; vs the Dubai Sports City median for this unit type
Turnover upside: +14.5%; new tenants pay more than sitting ones — 124 renewals
AED/yr/sqft: AED 86
Sales: 23
Rental contracts: 98
Renewal rent: AED 34,500/yr

12 months: +2.6%
3 years: +33.3%+10.1%/yr

Based on 23 sales and 98 rental contracts in the last 24 months. Rental data covers the whole Elite Sports Residence project, not this tower alone.

Elite Residence 1 is an apartment building in Dubai Sports City, Dubai, one of the towers in the Elite Sports Residence development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 380 registered sales in all — the 23 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Elite Residence 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 39,500	86	9.19% +0.3 pts	98
1 bed	AED 53,000	68	9.14% +0.8 pts	65
2 bed	AED 70,500	68	8.29% +0.2 pts	12

Deltas compare each yield with the Dubai Sports City 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 1

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	329	0.72	AED 73,499	AED 39,500	1.9×	17.29%	2+
1 bed500m	440	0.56	AED 95,451	AED 53,000	1.8×	16.46%	11+

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 1 itself had too few listings of that type to measure.

Recent transactions

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

19 resales in the last 12 months, against 26 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
25 Aug 2026	1 bed	768	AED 580,000	755
19 Jun 2026	1 bed	1,066	AED 670,000	629
9 Jun 2026	1 bed	781	AED 566,365	725
5 Jun 2026	2 bed	1,017	AED 850,000	836

4 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

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: 13
Flats: 248

Nearby

Metro: Nakheel Metro Station
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

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

Highest rental yields in Dubai Sports City · Elite Residence 1 places 47th of 56

Common questions

What is the rental yield in Elite Residence 1?: Elite Residence 1 returns 9.19% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 98 rental contracts registered in the last 24 months.
How much does a studio in Elite Residence 1 cost?: The median registered sale price is AED 425,000 (928 AED/sqft), from 23 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Elite Residence 1 selling for right now?: Registered sales of ready units in Elite Residence 1 over the last 12 months have a median of 934 AED/sqft, across 12 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 1 risen or fallen?: Median price per square foot moved +0.6% over the last 12 months against the 12 before it, on 23 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Elite Residence 1 compare with Dubai Sports City?: Its 9.19% gross yield sits +0.3 pts against the Dubai Sports City median of 8.89%, computed at the same bedroom grain over the same 24-month window.

Elite Residence 1