3 Bedroom Apartment for sale at Elite Residence

 (Write Review)
Dubai Marina,Dubai, United Arab Emirates
Unit ID: U1414370
8% Rental Yield
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 Elite Residence 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 10 months 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
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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

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