Unit ID: U1641682
8% Rental Yield
Dubai Marina,Dubai, United Arab Emirates
$1,160,000
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 Elite Residence project in Dubai Marina, Dubai and was completed in Dec 2012. You can buy this apartment for a base price of $1,160,000 ($361/Sqft) and it is also available for long term rentals starting from $7,260 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 9 months ago
Property Type Apartment
Floor Mid
Bedrooms 4
Size 3,210 Sqft
Price per Sqft $361
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
$1,160,000
Rent
$7,260/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
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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.
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Elite Residence

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Completion Status
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Completion Status
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N/A
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Completion Status
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Number of units
252
Sales Prices
$895.85K
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
The Torch
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
682
Sales Prices
$326.75K - $544.59K
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
Sulafa Tower
Location
Dubai Marina, Dubai, United Arab Emirates
Number of units
702
Sales Prices
$215.11K - $626.28K
Monthly Rentals
N/A
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
$258.68K - $707.96K
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Marina Gate, Dubai Marina, Dubai
Number of units
508
Sales Prices
$558.2K - $5.17M
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
$461.54K - $488.77K
Monthly Rentals
N/A
Year Built
Nov 2006
Completion Status
Completed
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