Unit ID: U1676714
8% Rental Yield
Dubai Marina,Dubai, United Arab Emirates
$395,000
1 Bedroom
1
Bathroom
960 Sqft
Size
Dec 2012
Completed

About This Apartment

This property is a 960 Sqft apartment with 1 bedroom and 1 bathroom 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 $395,000 ($411/Sqft) and it is also available for long term rentals starting from $2,720 per month.

1 Bed I partial sea view I vacant I unfurnished

  • 1 bedroom 
  • 960 sqft
  • vacant
  • unfurnished
  • partial sea view
  • 13000 service charges
  • mid floor

Features

TerraceTerrace Washing MachineWashing Machine

Basic Information

Date Listed Oct 4, 2023
Updated 1 year ago
Property Type Apartment
Floor N/A
Bedroom 1
Size 960 Sqft
Price per Sqft $411
Pets N/A
Apartment Ownership
N/A
Furniture
Unfurnished
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 U1676714

Investment Opportunity: Charges & Yield

Sale Price
$395,000
Rent
$2,720/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.

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Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Elite Residence

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682
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$215.11K - $626.28K
Monthly Rentals
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Year Built
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Project Name
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Location
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Number of units
N/A
Sales Prices
$258.68K - $707.96K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Marina Gate, Dubai Marina, Dubai
Number of units
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Sales Prices
$558.2K - $5.17M
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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