What is the rental yield in Elite Residence 1?

Elite Residence 1 returns 9.8% gross: a median new-contract rent of AED 40,000 a year (50 Ejari contracts in 12 months) over a price benchmark of AED 410,000 (median of 7 sales in the last 12 months, latest Apr 2026), before service charge, agency fees or vacant months.

How much does a studio in Elite Residence 1 cost?

The median registered sale price is AED 410,000 (941 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 941 AED/sqft, across 7 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 1 risen or fallen?

Median price per square foot moved +1.8% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Elite Residence 1 compare with Dubai Sports City?

Its 9.8% gross yield sits +1.2 pts against the Dubai Sports City median of 8.6%, 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.

Elite Residence 1

Completed 2012
248 units
13 floors

A studio in Elite Residence 1 costs a median AED 410,000, rents long-let for AED 40,000/yr (9.8% gross), and returns 15.5% short-term at the assumed 70% occupancy.

Satellite view of Elite Residence 1, Dubai Sports City, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Dubai Sports City district around Elite Residence 1, with roads and landmarks named. Apple Maps.

Street map around Elite Residence 1, Dubai Sports City, centred on its registered pin. Apple Maps.

Studio · typical price

410,000AED

AED 941/sqft · +1.8% on a year

Rent a year: AED 40,000
Yield after service charge: 8.2%
vs Dubai Sports City: 13% below the median

Cost to buy, all inAED 437,110

Price: AED 410,000
DLD fee 4%: AED 16,400
Agent 2% + VAT: AED 8,610
Trustee: AED 2,100

Fees repaid by net rent10 months

Create client report

Ask about Elite Residence 1 →

Is Elite Residence 1 a good investment?Pays above the Dubai median and fees repaid within a year, with nothing to watch

Does it pay a good rent?9.8% gross, 8.2% after the service charge (Dubai median 6.8%)9.8%Strength
Are rents going up?New studio leases: AED 40,000 a year ago, AED 40,000 now (pooled across the project)0.0%
Are prices going up?Studio: AED 924/sqft a year ago, 941 now+1.8%Fair
How fast do fees pay back?AED 27,110 in fees to buy a studio; net rent covers it in 0.8 years0.8 yrsStrength
Can I sell easily?16 sales in 12 months, 6% of the tower (31 the year before)16Fair
Is a lot being built nearby?2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today. A further 2,869 are past their planned date. Dubai Sports City supply by year →30%Fair
Did earlier buyers gain?Up 61% for buyers 5 years ago; up 29% for launch buyers, before fees+60.6%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Elite Residence 1 prices and rents by unit typeA studio costs about AED 410,000 and rents for about AED 40,000 a year

Type	Median price	New rent	12-month change	Sales
Studio125 units · 449 sqft	AED 410,000941/sqftlaunch 667 +41.1%	9.8%+1.2 pts	AED 40,00050 contracts	+1.8%	7
1 bed98 units · 781 sqft	AED 607,500752/sqftlaunch 595 +26.4%	8.7%+0.3 pts	AED 52,95036 contracts	+1.4%	6
2 bed25 units · 1,017 sqft	AED 850,000836/sqft	8.2%+0.6 pts	AED 70,00010 contracts	under 5 sales in a year	3

Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Dubai Sports City · area median AED 1,082/sqft

12-month change: +1.8%
3 years: +44.6% · +13.1%/yr
5 years: +60.6% · +9.9%/yr
vs area median: -13.0%
Rank by price per sqft: 45th of 52
Off-plan price gain, 2009–2011: +41.1% · +2.2%/yr

Rental income

Studio · Dubai Sports City

Gross yield: 9.8%
Median new rent: AED 40,000/yr
Yield vs area median: +1.2 pts
Yield vs Dubai (6.8%): +3.0 pts
Yield rank: 4th of 37
Renewal rent: AED 37,620/yr
New tenants pay vs sitting (59 renewals): +6.3%

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Modelled yield at 70% occupancy: 15.5%
Median nightly rate: AED 329
Net revenue: AED 63,721/yr
vs long-let rent: 1.6×
Listings seen: 2+

Read with care

Rental data covers the whole Elite Sports Residence project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 828 · before fees

Launch, 2009–11: 641; +29%; 185 sales
5 years ago: 515; +61%; 11 sales
3 years ago: 637; +30%; 21 sales
Previous 12 months: 830; 0%; 31 sales
Last 12 months: 828; today; 16 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

Date	Type	Sqft	Price
9 Oct 2026	1 bed	801	AED 600,000	749
28 Sept 2026	2 bed	1,012	AED 803,000	793
1 Sept 2026	1 bed	770	AED 615,000	799
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
16 Apr 2026	1 bed	823	AED 650,000	790
6 Apr 2026	Studio	452	AED 378,635	838
20 Feb 2026	Studio	471	AED 480,000	1,020

16 resales in the last 12 months.

Short-term rates around Elite Residence 1

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

Occupancy assumption70%

Type	Nightly, AED	Net revenue at 70%	Long-let rent	Uplift	Net yield
Studio500 m cluster · 2+ listings seen	3290.75/sqft	AED 63,721	AED 40,000	1.6×	15.5%
1 bed500 m cluster · 11+ listings seen	4400.54/sqft	AED 81,446	AED 52,950	1.5×	13.4%

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

Nightly rate through the year

Comparables in Dubai Sports City

Every Dubai Sports City building with a page, ranked by price per sqft over the same 12 months, all unit types. Elite Residence 1 places 60th of 77; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
56	VenetianCompleted 2015 · off-plan 835/sqft	AED 750,000	867+4.8%	8.3%	+6.0%	25
57	Bermuda ViewsCompleted 2015 · off-plan 820/sqft	AED 730,000	865+4.5%	7.8%	+7.4%	17
58	The DiamondCompleted 2009	AED 700,000	859+3.7%	8.3%	+14.0%	12
59	Elite Residences 2Completed 2012 · off-plan 866/sqft	AED 630,000	836+1.0%	6.7%	-10.9%	27
60	Elite Residence 1 · this buildingCompleted 2012 · off-plan 645/sqft	AED 573,183	828	8.4%	-0.2%	16
61	Global Golf Residence 2Completed 2019 · off-plan 739/sqft	AED 595,000	822-0.8%	8.4%	+1.9%	26
62	Golf View ResidenceCompleted 2010	AED 857,500	814-1.7%	9.3%	-1.1%	18
63	Frankfurt Sports TowerCompleted 2016 · off-plan 836/sqft	AED 530,000	813-1.8%	8.3%	+3.8%	19
64	Elite 5 Sports ResidenceCompleted 2014 · off-plan 990/sqft	AED 630,000	805-2.7%	6.7%	-7.9%	13

Rank 1 is the dearest per square foot. Differences are against Elite Residence 1 (AED 828/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Elite Residence 1 has registered sale prices 13% below the Dubai Sports City median price per square foot of 1,082 AED, across 52 eligible buildings. It ranks 45th of 52 by price per square foot and 4th of 37 by gross yield in Dubai Sports City.

Market context in Dubai Sports City

Registered sales activity

1,150 ready apartment sales in the 12 months to 2026-10-12.

+10.0% in median AED/sqft versus the preceding year, supported by 1,150 current and 1,496 prior price observations.

Explore sales activity

Planned apartment projects

415 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

6 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today.

Ready prices per sqft fell in 26% of 73 buildings (counted once per bedroom type) in Dubai Sports City with sales in both years; the typical one moved +2.5%.

The pooled median moved +10.0%: 7.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 49% of 75 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted

Find service-charge budget evidence for Elite Residence 1

Direct 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.

About Elite Residence 1

Elite Residence 1 is an apartment building completed in 2012 in Dubai Sports City with 248 registered units. 193 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: AED 14.80/sqft a year · 2026 budget
Floors: 13

Drive times · typical

Downtown: 23 min · 23 km
DXB Airport: 25 min · 32 km
DIFC: 21 min · 27 km
Dubai Marina: 17 min · 15 km
Palm Jumeirah: 23 min · 20 km

Nearest, as registered

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

Elite Residence 1: AED 828 per sq ft, 15% below the median Dubai Sports City building, and a 8.4% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Elite Residence 1AED 828
Dubai Sports City, readyAED 946
Dubai Sports City, off-planAED 1,464
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Elite Residence 1Dubai Sports City median building

Dubai Sports City8.4% vs 8.3%

Line: the 10th to 90th percentile of 55 buildings in Dubai Sports City. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Sports City, by handover quarter

Nearby in Dubai Sports City

Every building in Dubai Sports City →

Prices per sq ft around Elite Residence 1, on the map

Pills show median sale price, AED. 68 buildings pinned from Google place records and Apple geocoding · Elite Residence 1 is the inverted pinOpen in Apple Maps

Hera Tower

Dubai Sports City · 111 sales, 12 months

642,000

AED, resale median · 976/sqft

Condor Golf Links 18

Dubai Sports City · 78 sales, 12 months

882,350

AED, resale median · 1,876/sqft

Amal Tower

Dubai Sports City · 64 sales, 12 months

563,806

AED, resale median · 1,004/sqft

Giovanni Boutique Suites

Dubai Sports City · 45 sales, 12 months

530,000

AED, resale median · 1,206/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · Studio
7 registered sales in 12 months
On record
Rental evidence · Studio
50 new and 59 renewal contracts in 12 months · rent source: project (pooled)
Read with care
Service charge
AED 14.80/sqft a year, 2026 owners-association budget; 8.2% yield after it. Confirm against the latest invoice.
On record
Project register
Elite Sports Residence: recorded complete 2012-04-15 · register data to 2026-07-06
On record
Short-term assumption
Modelled at the published 70% occupancy on 2 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

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Elite Residence 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 1,823AED; 4.5% over 25 years
Monthly rent: 3,333AED; AED 40,000 a year
Cash needed at purchase: 116,210AED; 20% down plus AED 34,210 in fees

Owning costs AED 164,388 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Elite Residence 1

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

Common questions

What is the rental yield in Elite Residence 1?: Elite Residence 1 returns 9.8% gross: a median new-contract rent of AED 40,000 a year (50 Ejari contracts in 12 months) over a price benchmark of AED 410,000 (median of 7 sales in the last 12 months, latest Apr 2026), before service charge, agency fees or vacant months.
How much does a studio in Elite Residence 1 cost?: The median registered sale price is AED 410,000 (941 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 941 AED/sqft, across 7 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 1 risen or fallen?: Median price per square foot moved +1.8% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Elite Residence 1 compare with Dubai Sports City?: Its 9.8% gross yield sits +1.2 pts against the Dubai Sports City median of 8.6%, 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.

For agents

Send this page to a client as a branded report

Create client report

Elite Residence 1 sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 7 registered sales 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: /sale/apartments/dubai/dubai-sports-city/elite-residence-1
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Elite Residence 1 sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/elite-residence-1

Stable dataJSON