Elite Residence, Dubai Marina: sale prices and transactions
Elite Residence is a project registered with the Dubai Land Department (project no. 227) in Dubai Marina. Since May 2009, 2,195 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 44 sales closed at a median AED 15,260 per m² (AED 1,418 per sq ft).
- AED 15,260median price per m²
- AED 1,418median price per sq ft
- 2,195sales since 2009
- 44sales in 12 months
- +0.1%change year on year
- 697registered homes
Its price per m² is 27.9% below the Dubai Marina median (AED 21,164/m²). Sales combine off-plan purchases (28.5%) and resales of completed homes.
Elite Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 22 | AED 1,273,500 | 68 m² |
| Apartment · 2 bedrooms | 17 | AED 1,850,000 | 124 m² |
| Apartment · 4 bedrooms | 4 | AED 3,650,000 | 295 m² |
Elite Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 17 | AED 9,750 | AED 906 | — |
| 2020 | 13 | AED 9,312 | AED 865 | -4.5% |
| 2021 | 51 | AED 9,823 | AED 913 | +5.5% |
| 2022 | 48 | AED 12,020 | AED 1,117 | +22.4% |
| 2023 | 60 | AED 13,757 | AED 1,278 | +14.5% |
| 2024 | 91 | AED 15,709 | AED 1,459 | +14.2% |
| 2025 | 69 | AED 15,377 | AED 1,429 | -2.1% |
| 2026 (to mid-October) | 29 | AED 15,789 | AED 1,467 | +2.7% |
Elite Residence rents
368 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 6.6%, 2 bedrooms 6.8%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 232 | AED 84,000 | 75,000 – 90,863 | AED 80,000 |
| Apartment · 2 bedrooms | 108 | AED 125,000 | 110,000 – 137,052 | AED 118,801 |
| Apartment · 3 bedrooms | 6 | AED 215,000 | — | — |
| Apartment · 4 bedrooms | 22 | AED 300,000 | 286,000 – 416,250 | AED 300,000 |
Registered homes at Elite Residence
The DLD register lists 697 homes for this project across 1 building (up to 75 floors), with a median size of 89 m².
- 1 bedroom: 416
- 2 bedrooms: 208
- 3 bedrooms: 22
- 4 bedrooms: 50
- 5+ bedrooms: 1
Location
- Nearest metro: Mina Seyahi
- Shopping mall: Marina Mall
- Landmark: Burj Al Arab
Neighbouring projects in Dubai Marina
Same price per m² elsewhere in Dubai
- Binghatti Lavender, Jumeirah Village Circle — AED 15,256/m²
- Opalz By Danube, Dubai Science Park — AED 15,262/m²
- Binghatti Avenue, Dubai Health Care City Phase 2 — AED 15,246/m²
- South Garden E, Wasl Gate — AED 15,266/m²
Other projects in Dubai Marina
- Alseef I — AED 15,675/m²
- 23 Marina — AED 14,692/m²
- Marinascape — AED 16,045/m²
- Mag218 — AED 14,458/m²
- Torch Tower — AED 16,067/m²
- Marina Wharf I — AED 16,300/m²
- Sulafa Tower — AED 14,182/m²
- Marina Arcade — AED 16,592/m²
Dubai Marina property prices · Dubai Marina rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Elite Residence?
Over the last 12 months the median is AED 1,418 per sq ft (AED 15,260 per m²) across 44 DLD sales.
How much is a 1 bedroom at Elite Residence?
Median sale price AED 1,273,500 for a median 68 m², across 22 sales over the last 12 months.
How many sales have been registered at Elite Residence?
2,195 residential sales registered with the DLD between May 2009 and October 2026, 28.5% of them off-plan.
Where is Elite Residence?
In Dubai Marina (DLD area Marsa Dubai), Dubai; nearest metro station per the DLD: Mina Seyahi.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.