Dubai Marina
Elite Residence
إيليت ريزيدنسTAMEER HOLDING INVESTMENT (LLC) · Selling since 2004 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 700 units · 1 building · DLD target completion July 2012
Registered developer: TAMEER HOLDING INVESTMENT (LLC) (DLD no. 99)
Master developer: Emaar Properties (P.J.S.C) (DLD no. 555)
Escrow account with Abu Dhabi Islamic Bank · Zoned by Dubai Municipality
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Rents filed under Dubai Marina
Median annual rent of AED 110,000 across 13,574 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
Median per sqft
AED 1,549/sqft
3yr CAGR · resales
+8.4%
Resale record
156 months
Registered resales here span 156 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Elite Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Elite Residence over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Elite Residence itself; the rest are homes of the same size in Dubai Marina, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.28M | AED 100,000/yrsame size in Dubai Marina | 7.8% | 23 |
| 2 beds | AED 1.85M | AED 140,000/yrsame size in Dubai Marina | 7.6% | 17 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 17/sqft across 32 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 14,039 | AED 85,961 | 7.8% | 6.7% |
| 2 beds | AED 22,599 | AED 117,401 | 7.6% | 6.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Elite Residence
How much does a home in Elite Residence cost?
Over the last twelve months a completed 1-bedroom in Elite Residence sold for a median AED 1.28M (23 ready sales), a 2-bedroom for AED 1.85M (17 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Elite Residence?
A 1-bedroom rents for a median AED 100,000/yr (homes of about that size in Dubai Marina, 1,924 new tenancies), a 2-bedroom rents for a median AED 140,000/yr (homes of about that size in Dubai Marina, 2,001 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Elite Residence, so every figure above is the rent for homes of that size in Dubai Marina — the area's rent, not this project's own.
What rental yield does Elite Residence give?
Gross yields on completed homes in Elite Residence run about 7.8% on a 1-bedroom, 7.6% on a 2-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Elite Residence selling off-plan or as resales?
0% of the 56 sales registered in Elite Residence in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Elite Residence start selling?
The Land Department's register holds 2,190 sales in Elite Residence, the earliest registered in 2004. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai Marina median
-30.9%
Priced at or below the area's real median.
Developer track record
8,318 real transactions
6 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
Moderate competitionWhen Elite Residence completed in July 2012, 4 other other projects in Dubai Marina were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 59 more other projects in Dubai Marina are still in the pipeline overall.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
1.0 km
Al Fardan Exchange
Nearest school
2.0 km
ICCA Dubai
Nearest hospital
601 m
Health Avenue Polyclinics
Nearest supermarket
81 m
Carrefour Express
Metro stations
- Al Fardan Exchange1.0 km
- Sobha Realty1.1 km
- Palm Gateway1.5 km
- DMCC2.3 km
Schools
- ICCA Dubai2.0 km
- Premier Genie2.2 km
- Coventry University UAE Regional Hub2.3 km
- Regent International School2.6 km
Hospitals & clinics
- Health Avenue Polyclinics601 m
- Emirates Hospital770 m
- Lux Aeterna Clinic1.5 km
- Welcare Hospital1.9 km
Supermarkets
- Carrefour Express81 m
- Caramel Center Supermarket191 m
- Carry Food203 m
- Binsina348 m
Bus stops
- Big bus 20 Tallest block272 m
- Bus stop286 m
- Bus stop293 m
- Bus stop417 m
Pharmacies
- Community Pharmacy186 m
- Life Pharmacy192 m
- Life Pharmacy243 m
- Life Pharmacy256 m
Malls
- Dubai Marina Mall1.6 km
- Bluewaters Wharf Retail2.7 km
- The Wharf2.7 km
- Palm Jumeirah Mall2.9 km
Parks
- Jumeirah Lakes Towers Park1.6 km
- Emaar Business Park2.1 km
- Greens Park2.2 km
Mosques
- Mosque Sheikh Rashid bin Mohammed243 m
- Mosque2.0 km
- Al Rahim Mosque2.8 km
- Tecom Masjid2.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Dubai Marina
Buying in Elite Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample