Unit ID: U1414370
8% Rental Yield
Dubai Marina,Dubai, United Arab Emirates
AED1,750,000
3 Bedrooms
2.5
Bathrooms
1,298 Sqft
Size
Mid
Floor
Dec 2012
Completed

About This Apartment

This property is a 1,298 Sqft apartment with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in Dubai Marina, Dubai and was completed in Dec 2012. You can buy this apartment for a base price of AED1,750,000 (AED1,348/Sqft) and it is also available for long term rentals starting from AED12,083 per month.

High Floor | Partial Sea View | Prime Location

The Elite Residence is destined to become one of the Middle East's most exclusive and desirable addresses. Ideally located at the heart of Dubai Marina and close to Mall of the Emirates, it affords superb views across the Palm Jumeirah and the crystal waters of the Gulf. This superb dual neighborhood /sea view two bedroom corner apartment has been designed and fitted to the very highest standards with the best materials sourced from around the world. With private parking, 24hr reception, a minimum of nine high-speed elevators servicing all 91 floors, heated swimming pools, gymnasium, spa, nursery and smart home features to name a few, the Elite Residence offers the last word in luxury, elegance and service.Built-up size: 1330.53 sq. ft.Features:- 2 Bedrooms- 3 Bathroom- High Floor- Partial Sea View- Balcony- Built-in wardrobes- Central Air-conditioning- Equipped Kitchen- Great location- Near to Metro & Tram- Near supermarket, beach, restaurant and pharmacy- Fully equipped gym with Mina Seyahi beachfront and Palm Jumeirah view

Features

TerraceTerrace Corner UnitCorner Unit Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven

Basic Information

Date Listed May 24, 2023
Updated 1 year ago
Property Type Apartment
Floor Mid
Bedrooms 3
Size 1,298 Sqft
Price per Sqft AED1,348
Pets N/A
Apartment Ownership
Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Partial Sea View, City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1414370

Investment Opportunity: Charges & Yield

Sale Price
AED1,750,000
Rent
AED12,083/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
12
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Elite Residence
Developer: Tameer Holding
Construction: Completed (Dec 2012)
Floors: 91
Buildings: N/A
Units: 695
Project Area: N/A
Nearest Landmark Dubai Marina (formerly DAMAC Properties) - 0.6 Km
Location: Dubai Marina, Dubai
Elite Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Available Units at Elite Residence

For Sale 7 For Rent 4
Get notified when new homes are being added to Elite Residence
View All (7)

Loan Calculator

Frequently Asked Questions

Dubai Marina (formerly DAMAC Properties) is the nearest Metro Station from Elite Residence and it is 0.6 km away.

Reviews

Know this project? Be the first to review
+ Write a review
Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Elite Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Le Reve
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
AED13M - AED22M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Marina Crown
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
612
Sales Prices
AED850K - AED7M
Monthly Rentals
N/A
Year Built
Dec 2005
Completion Status
Completed
Project Name
Princess Tower
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
763
Sales Prices
AED1.5M - AED20M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Project Name
Cavali Tower
Location
Al Sufouh Road, Dubai Marina, Dubai
Number of units
485
Sales Prices
AED2.25M
Monthly Rentals
N/A
Year Built
Dec 2025
Completion Status
Off Plan
Project Name
Emirates Crown
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
252
Sales Prices
AED3.29M
Monthly Rentals
N/A
Year Built
Nov 2008
Completion Status
Completed
Project Name
The Torch
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
682
Sales Prices
AED1.2M - AED2M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Sulafa Tower
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
702
Sales Prices
AED790K - AED2.3M
Monthly Rentals
AED4.5K
Year Built
Dec 2010
Completion Status
Completed
Project Name
MAG 218
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
N/A
Sales Prices
AED950K - AED2.6M
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Marina Gate, Dubai Marina, Dubai
Number of units
508
Sales Prices
AED2.05M - AED19M
Monthly Rentals
N/A
Year Built
Jun 2020
Completion Status
Completed
Project Name
Marina Heights
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
380
Sales Prices
AED1.7M - AED1.8M
Monthly Rentals
N/A
Year Built
Nov 2006
Completion Status
Completed
Back to top
  • Fazwaz Group Sites
    United Arab Emirates
    www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es