Unit ID: U1641682
8% Rental Yield
Dubai Marina,Dubai, United Arab Emirates
AED4,250,000
4 Bedrooms
4
Bathrooms
3,210 Sqft
Size
Mid
Floor
Dec 2012
Completed

About This Apartment

This property is a 3,210 Sqft apartment with 4 bedrooms and 4 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 AED4,250,000 (AED1,324/Sqft) and it is also available for long term rentals starting from AED26,667 per month.

This luxurious 4-bedroom apartment in Dubai Marina's prestigious Elite Residence is a haven of opulence and sophistication. Boasting breathtaking panoramic views of the city and the shimmering waters, it offers an unparalleled living experience. The apartment features spacious, elegantly designed interiors, high-end finishes, and state-of-the-art amenities. Residents can indulge in a lavish lifestyle with access to the building's world-class facilities, including a gym, swimming pool, spa, and more. Situated in one of Dubai's most sought-after locations, this property epitomizes modern urban living at its finest, offering convenience, comfort, and unmatched style.

Features

TerraceTerrace BathtubBathtub TVTV

Basic Information

Date Listed Jul 21, 2023
Updated 1 year ago
Property Type Apartment
Floor Mid
Bedrooms 4
Size 3,210 Sqft
Price per Sqft AED1,324
Pets N/A
Apartment Ownership
N/A
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) Marina 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 U1641682

Investment Opportunity: Charges & Yield

Sale Price
AED4,250,000
Rent
AED26,667/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.
13
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.

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Elite Residence

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Project Name
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Number of units
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Sales Prices
AED13M - AED22M
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
Marina Crown
Location
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Number of units
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Year Built
Dec 2005
Completion Status
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Project Name
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Location
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Number of units
763
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Completion Status
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Project Name
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Number of units
485
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Year Built
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Completion Status
Off Plan
Project Name
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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
AED6K
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
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