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1,899,999

Own this from just

7,815 AED/month

Property details

Bedrooms
1 Bed
Bathrooms
1 Bath
Property type
Apartment
Available from
7 Aug 2026
Furnishing
Unfurnished
Price per area
AED2,372/ft²
Area
801 ft²

APARTMENT FOR SALE IN ELITE RESIDENCE, DUBAI MARINA

The only renovated sea-view 1BR in Elite

Engel & Voelkers is proud to present this beautifully renovated 1-bedroom apartment on the 20th floor of Elite Residence, one of Dubai Marina's most established waterfront towers.

Uniquely, this is the only fully renovated one-bedroom in the building with a genuine marina and sea view, every other renovated unit in the tower faces the rear.

Spanning 800 sq. ft., this elegant residence has been fully redesigned in 2024 to a hospitality standard and is offered fully furnished and operational, making it an exceptional option for both end-users and investors with income from day one.

The apartment enjoys open views over Dubai Marina, the Yacht Harbour and the Arabian Gulf, while its thoughtfully designed interiors feature Calacatta-style marble, custom joinery, integrated lighting and brushed brass accents, creating a refined contemporary atmosphere.


A Proven Investment:

Unlike most listings, this unit comes with a documented 19-month income history, tested under both rental models:

◆ AED 239,357 gross / AED 200,054 net over 19 months
◆ ~94% average occupancy across summer and winter cycles
◆ ~8.5% gross yield at the asking price
◆ Short-term (holiday home): peaks above AED 14,000/month, fully managed
◆ Long-term: AED 13,500/month at 100% occupancy, tenant pays utilities
Existing rental channels and listings transferable to the new owner

Offered at AED 1,899,999, below the market range for a renovated, sea-facing unit in the tower.

For an investor or a holiday-home buyer, a furnished, operational and already-performing asset delivering a proven ~8.5% gross yield: rare on price, rarer on view.

Engel & Voelkers is one of the world’s leading service companies, specializing in the brokerage of residential and commercial properties, yachts, and aviation. With 1,000+ offices in over 30 countries, it offers a wide range of services.

Contact Engel & Voelkers today for further details.

Amenities

Unfurnished

Security

Shared Gym


Floor plan

Location

Map preview
Elite Residence

About Elite Residence

Learn more

Elite Residence in Dubai Marina offers 1 Bedroom To 4 Bedrooms properties averaging 736 - 6,246 sqft. It currently has 127 active sale listings.

  • Properties Listed127
  • Price range1.1M - 21M
4.2
27 Reviews

Score Breakdown

Connectivity & Traffic
4.4
Peace & Quiet
4.0
Family friendly
4.8
Maintenance
4.6
Parking area
2.7
Amenities
4.7


Price Insights

This property costs 3% more than the average price of 1 bedroom in Dubai Marina

Average Sale Price is 1,842,999 AED

This property is 5% smaller than the average size of 1 bedroom in Dubai Marina

Average size is 841 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Marina

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Response time

within 5 minutes

Experience

4 years

Closed Deals

1

Languages

English, Arabic, French

See agent properties (13)

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Monthly payment

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Regulatory information
Regulatory information

Reference

W-04B23N

Listed

1 hour ago

Broker License

16081

Agency name

ENGEL AND VOELKERS REAL ESTATE L.L.C

Zone name

Marsa Dubai

Agent License

95148

DLD Permit Number

permit number
Agent Myriam Benkorich

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Own this property from just

7,815 AED /month

Fixed rates from: 3.75%

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