Elite Residence

1. Does it pay a good rent?6.3% gross, before the service charge (not on file) (Dubai median 6.8%)6.3%Fair
2. Is it easy to let?52% of units signed a yearly lease in 12 months; the typical Dubai Marina building manages 39%52%Fair

   Across 43 Dubai Marina buildings with 40 or more units, the median signed annual leases on 39% of units in 12 months and the top tenth on 63% or more; Elite Residence is at 52%.

3. Are rents going up?New 1 bed leases: AED 90,000 a year ago, AED 81,000 now-10.0%Watch
4. Are prices going up?1 bed: AED 1,429/sqft a year ago, 1,562 now+9.3%Strength
5. How fast do fees pay back?AED 81,975 in fees to buy a 1 bed; rent covers it in 1.0 years1.0 yrs
6. Can I sell easily?43 sales in 12 months, 6% of the tower (74 the year before)43Fair
7. Is a lot being built nearby?2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today. A further 693 are past their planned date. Dubai Marina supply by year →19%Strength
8. Did earlier buyers gain?Up 53% for buyers 5 years ago; launch buyers still 16% down, before fees+53.5%Context

43 resales in the last 12 months, against 73 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 1 bed, Elite Residence has registered sale prices 21% below the Dubai Marina median price per square foot of 1,982 AED, across 84 eligible buildings. It ranks 56th of 84 by price per square foot and 11th of 40 by gross yield in Dubai Marina.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  21 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  132 new and 95 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Elite Residence: recorded complete 2012-07-12 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 8 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Elite Residence?

Elite Residence returns 6.3% gross: a median new-contract rent of AED 81,000 a year (132 Ejari contracts in 12 months) over a price benchmark of AED 1.27M (median of 21 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in Elite Residence cost?

The median registered sale price is AED 1.27M (1,562 AED/sqft), from 21 Dubai Land Department sales in the last 12 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 12 months have a median of 1,562 AED/sqft, across 21 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Elite Residence risen or fallen?

Median price per square foot moved +9.3% over the last 12 months against the 12 before it, on 21 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Elite Residence compare with Dubai Marina?

Its 6.3% gross yield sits +0.5 pts against the Dubai Marina median of 5.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.