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    1 Bedroom Apartment for sale at Elite Residence
    Dubai Marina,Dubai, United Arab Emirates
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    Sale Price
    $395,000
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    1 Bedroom Apartment for sale at Elite Residence
     (Write Review)
    Unit ID: U1676714
    8% Rental Yield
    Dubai Marina,Dubai, United Arab Emirates
    $395,000
    1 Bedroom
    1
    Bathroom
    960 Sqft
    Size
    Dec 2012
    Completed
    19
    Sale Price
    $395,000

    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
    • All
    • 1 Bed
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Elite Residence
    View All (7)

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    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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