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Elite Residence

Key information

Building age:

12 Years

Floor:

75

Length of stay:

Short term: 2.99%

Long term: 97.01%

Renewal rate:

Avg. 47.6%

Rental yield:

Avg. 7.4%

About Elite Residence

Key Points

  • Developer: Tameer Holdings Investment LLC
  • Location: Dubai Marina
  • Construction Began: 2006 
  • Construction Completed: 2012
  • One of Dubai’s tallest buildings and among the top 10 tallest residential buildings in the world
  • One of the most popular buildings in Dubai Marina
  • Provides waterfront views of Palm Jumeirah and Dubai Harbour
  • Offers 1,2,3, and 4 bedroom apartments and penthouses for sale and rent
  • Features many amenities such as 3 swimming pools, 8 parking levels, and a gym

Elite Residence is a 380.5 meters (1,248 ft), 83-storey tower located in Dubai Marina. Of the 83 storeys, 75 are for residential apartments and 8 levels are for the parking.


It’s one of the tallest buildings in Dubai and among the top 10 tallest residential buildings in the world. It was developed by Tameer Holdings, who began constructing it in 2006 and completed it in 2012.


Elite Residence is located on King Salman Bin Abd El Aziz Al Saud Street, just minutes away from Dubai Media City and Jumeirah Lake Towers, which makes it popular among professionals working in those areas.


On top of that, it has breathtaking views of Palm Jumeirah and Dubai Harbour, making it great for those looking for sea-view apartments for rent in Dubai.


In terms of properties, Elite Residence Tower offers 695 residential units consisting of 1, 2, 3, and 4-bedroom apartments and 4-bedroom penthouses.


It also features a whole host of amenities such as 8 parking levels, 3 swimming pools, a sauna, and much more. Its great views, spacious layout, and overall building quality have made it one of the best towers in Dubai Marina.

Amenities

  • 8 parking levels: 4 underground and 4 above ground, with a total of 788 parking spaces. Every apartment gets an allocated parking spot.
  • 3 Swimming pools: 2 segregated indoor swimming pools for men and women, and 1 outdoor swimming pool
  • Gym: there’s a fully equipped gym that overlooks the Mina Seyahi waterfront
  • Al Manara Pharmacy on the ground floor
  • Children’s play area
  • 12 high-speed Elevators 
  • 24/7 Security with CCTV cameras and security guards
  • Sauna
  • Sun deck lounge chairs
  • Concierge and maintenance services

Apartments in Elite Residence

The apartments in Elite Residence come with spacious layouts, semi-open kitchens, en-suite bathrooms, and stunning views of Palm Jumeirah and Dubai Harbour.


Most of the apartments also have balconies, and the 3 and 4-bedroom apartments have a maid’s room. 1 bedroom apartments tend to be the most popular in Elite Residence.


Apartments here are available for rent and sale, whereby the apartments for sale in Elite Residence are freehold. Moreover, Elite Residence is one of the most sought-after buildings for apartment rentals in Dubai Marina.

Transportation near Elite Residence

Transportation is effortless from Elite Residence since it’s next to many public transportation facilities, such as the metro and tram. There’s also a Careem Bike Station next to Elite Residence for those who like to commute by bicycle.

Metro Stations near Elite Residence

  • Al Khail Metro Station: 9 minute drive, 19 minute walk

  • Sobha Realty Metro Station: 9 minute drive, 21 minute walk

Tram Stations near Elite Residence

  • Mina Seyahi Tram Station: this is the closest tram station to Elite residence; it’s reachable with a 4-minute walk.

Bus Stations near Elite Residence

  • Mina Al Siyahi, Le Meridien Hotel 2: 3-minute walk

  • Mina Al Siyahi, Le Meridien Hotel 1: 4-minute walk

Nearby Landmarks & Things to Do

  • Dubai Harbour 
  • Barasti Beach
  • Emirates Golf Club
  • Princess Tower
  • Dubai Marina Walk

Nearest points of interest

Restaurants
Crazy Bears Restaurant L.l.c
348 m
Lifestyle Nutrition
362 m
Marbaiya
530 m
Iran Zamin
543 m
Al Qaymariyah Cafe
565 m
Groceries
Food Center Supermarket
116 m
Fresh Berry Supermarket
140 m
Fine Mart Supermarket
161 m
Srn Go Mini Mart
196 m
Spinneys
349 m
Schools
Icademy Middle East FZ.LLC
2 km
Regent International Private School
2.9 km
Emirates International School (Meadows)
2.9 km
The International School of Choueifat
3.3 km
Dubai College
3.3 km
Hospitals
Skin Laundry
296 m
Life Cell Arabia
598 m
Cornerstone Clinics
599 m
Health Avenue Polyclinic
603 m
Drypskin Clinic
786 m
Religious
Masjid Fortune Tower
2.4 km
prayer mosque
2.9 km
Al Barsha Mosque
3.1 km
Masjid , 1st Floor ,Almaas Tower
3.1 km
DSO Masjid
4.6 km

Average prices

Average price of properties rented in Elite Residence in the last 12 months
TypeAvg. Price (AED/ year)
1 Bedroom97,000
2 Bedrooms139,000
3 Bedrooms283,000

The data displayed is based on Property Finder’s last 12 months listing data.

Nearby prices

Average price of a 1 bedroom apartment nearest to Elite Residence
MarinaPinnacleMarina CrownSulafa TowerOcean HeightsEliteResidence60K80K100K120K140K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

Properties available in the area

1 bedroom properties currently available in Dubai Marina by price range.
100K150K200K250KNumber of listings100200300400500

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