1,899,999

Own this from just

7,815 AED/month

Property details

Listed

1 month ago

Property Type

Apartment

Bedrooms

1 Bed

Bathrooms

1 Bath

Furnishing

Unfurnished

Area

801 ft²

Price per area

AED2,372/ft²

Service Charges

14.45 AED per sqft

Available from

7 Aug 2026


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


Price Insights

Transactions for Similar Properties

1 Bed Apartment in Elite Residence

Sold for

DateAEDArea (sqft)
3 Apr 2026
1,100,000
801
8 Jul 2025
1,525,000
801
16 Jun 2025
1,675,000
801
19 May 2025
1,380,000
801
20 Nov 2024
1,400,000
801

Rented for

DateAED/yearArea (sqft)
26 Aug 2026
94,000
801
20 Aug 2026
65,000
801
31 Jul 2026
80,000
801
30 Jul 2026
80,000
801
14 Jul 2026
100,000
801
See all transactions in this location

Powered byDataGuru

This property costs 4% more than the average price of 1 bedroom in Dubai Marina

Average Sale Price is 1,835,204 AED

This property is 4% smaller than the average size of 1 bedroom in Dubai Marina

Average size is 838 sqft

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

Provided by

Response time

within 5 minutes

Experience

4 years

Closed Deals

1

Languages

English, Arabic, French

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Regulatory information
Regulatory information

Reference

W-04B23N

Listed

1 month ago

Broker License

16081

Agency name

ENGEL AND VOELKERS REAL ESTATE L.L.C

Zone name

Marsa Dubai

Agent License

95148

Agent Myriam Benkorich

Usually responds within 5 minutes

Own this property from just

7,815 AED /month

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