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Elite Residence, Dubai MarinaReady

Elite Residence, Dubai Marina

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HIGHLIGHTS

About Elite Residence, Dubai Marina

Currently the fifth tallest building in Dubai, Elite Residence is a residential tower in Dubai Marina. Located at King Salman Bin Abdulaziz Al Saud Street (D94), the 91-storey building features 703 units, including 1, 2, 3 and 4-bedroom apartments and a 5-bedroom palatial penthouse. The skyscraper was completed in 2012. 

The project by Gemstone Development includes all lifestyle amenities, such as indoor and outdoor swimming pools for children and adults, a health club, a business centre, a sauna, a jacuzzi and a gym. Additionally, residents can find a game room, tennis court, children's play area and covered parking spaces. 

Dubai Marina is one of the most sought-after residential communities in Dubai. It is known to be home to the architectural beauty of Dubai Marina Mall and Dubai Marina Walk. Accessible via Sheikh Zayed Road (E11), it provides easy access to retail, healthcare, dining and educational facilities. In the last 12 months, the apartments sold in Dubai Marina are valued at over AED 12B. In the same period, there have been more than 14,500 rental transactions for apartments in Dubai Marina.

In a Nutshell

  • Type of building: Residential
  • Location: Dubai Marina
  • Developer: Gemstone Development
  • Date of completion: 2012
  • Number of floors: 91 floors
  • Number of units: 703 units
  • Unit type: 1, 2, 3 and 4-bedroom apartments and 4 to 5-bedroom penthouses
  • Type of ownership: Freehold
  • Amenities: Business Center, spa, sauna, jacuzzi, game room and gym
business

BUILDING DETAILS

Facilities in Elite Residence, Dubai Marina

Parking

Residents can find 788 spaces for parking in Elite Residence.

general parking view in Elite residence
General Parking View in Elite Residence

ELEVATORS

There are 12 high-functioning elevators in Elite Residence, Dubai Marina. 

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

The skyscraper is equipped with around-the-clock CCTV surveillance and other maintenance services. The electricity and water supplier for Elite Residence is DEWA. Chiller charges are included in the annual service charges for tenants.

EVENT SPACE

A business centre is used for events and gatherings.

GYM AND FITNESS FACILITIES

There is a fully equipped gym in Elite Residence. 

LIFESTYLE AMENITIES

Lifestyle amenities in Elite Residence include children's outdoor playing facility and indoor playroom. There is a game room where adults can play air hockey, a pool table and billiards. 

For tennis lovers, it also features a tennis court. There are two indoor and one outdoor swimming pool for adults and children. Residents can also find a sauna, jacuzzi and sundeck lounges. 

CONCIERGE AND GUEST SERVICES

24-hour concierge and maintenance services are provided in Elite Residence, Dubai Marina.

PET-FRIENDLY

Elite Residence is a pet-friendly residential building.

Elite Residence Floor Plans 

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Elite Residence Floor Plans.

Elite Residence Floor plans
Elite Residence - 1 Bed Apartments Type/Unit 2A/6 Floor plan
1 Bed, 2 BathsType/Unit, 2A/6
Elite Residence - 1 Bed Apartments Type/Unit 2B/7 Floor plan
1 Bed, 2 BathsType/Unit, 2B/7
Elite Residence - 1 Bed Apartments Type/Unit 3A/9 Floor plan
1 Bed, 2 BathsType/Unit, 3A/9
Elite Residence - 1 Bed Apartments Type/Unit 3B/10 Floor plan
1 Bed, 2 BathsType/Unit, 3B/10
Elite Residence - 1 Bed Apartments Type/Unit 2D/12 Floor plan
1 Bed, 2 BathsType/Unit, 2D/12
Elite Residence - 1 Bed Apartments Type/Unit 1A/4 Floor plan
1 Bed, 2 BathsType/Unit, 1A/4
Elite Residence - 1 Bed Apartments Type/Unit 1B/3 Floor plan
1 Bed, 2 BathsType/Unit, 1B/3
Elite Residence - 1 Bed Apartments Type/Unit 2C/1 Floor plan
1 Bed, 2 BathsType/Unit, 2C/1
Elite Residence - 2 Bed Apartments Type/Unit 1A/5 Floor plan
2 Beds, 3 BathsType/Unit, 1A/5
Elite Residence - 2 Bed Apartments Type/Unit 1C/8 Floor plan
2 Beds, 3 BathsType/Unit, 1C/8
Elite Residence - 2 Bed Apartments Type/Unit 1D/11 Floor plan
2 Beds, 3 BathsType/Unit, 1D/11
Elite Residence - 2 Bed Apartments Type/Unit 1B/2 Floor plan
2 Beds, 3 BathsType/Unit, 1B/2
Elite Residence - 3 Bed Apartments Type/Unit 2B/4 Floor plan
3 Beds, 5 BathsType/Unit, 2B/4
Elite Residence - 3 Bed Apartments Type/Unit 2A/3 Floor plan
3 Beds, 5 BathsType/Unit, 2A/3
Elite Residence - 3 Bed Apartments Type/Unit 1A/2 Floor plan
3 Beds, 5 BathsType/Unit, 1A/2
Elite Residence - 3 Bed Apartments Type/Unit 1B/1 Floor plan
3 Beds, 5 BathsType/Unit, 1B/1
Elite Residence - 4 Bed Apartments Type/Unit 2B/4 Floor plan
4 Beds, 6 BathsType/Unit, 2B/4
Elite Residence - 4 Bed Apartments Type/Unit 2A/3 Floor plan
4 Beds, 6 BathsType/Unit, 2A/3
Elite Residence - 4 Bed Apartments Type/Unit 1A/2 Floor plan
4 Beds, 6 BathsType/Unit, 1A/2
Elite Residence - 4 Bed Apartments Type/Unit 3B/1 Floor plan
4 Beds, 6 BathsType/Unit, 3B/1
Elite Residence - 4 Bed Apartments Type/Unit 1B/1 Floor plan
4 Beds, 6 BathsType/Unit, 1B/1
View allarrow_circle_right

Apartment Types in Elite Sports Residence

Elite Residence at Dubai Marina features 1, 2 and 3-bedroom apartments and 4 and 5-bedroom penthouses in different configurations. Each unit comes with a separate parking space. You can find an increase in the rental apartments in Elite Residence in the last 12 months. Residents can also find a rise in the apartments sold in Elite Residence in the last year.

The sale transactions for apartments in Dubai Marina has increased in the last 12 months. While one the rental value for apartments in Dubai Marina has increased 8.8% in the last year.

1-BEDROOM APARTMENTS IN ELITE RESIDENCE

1-bedroom apartments in Elite Residence feature one bathroom, an open-plan kitchen, a living/dining area, powder room and a balcony. The covered areas of the units range from 923 sq. ft. to 1,135 sq. ft.

2-BEDROOM APARTMENTS IN ELITE RESIDENCE

2-bedroom apartments in Elite Residence feature two bathrooms, an open plan kitchen, a living/dining area, powder room and a balcony. The covered areas of the units range from 1,304 sq. ft. to 1,600 sq. ft. 

3-BEDROOM APARTMENTS IN ELITE RESIDENCE

3-bedroom apartments in Elite Residence feature three bathrooms, a kitchen, living room, dining room, a maid's room and bathroom, powder room, laundry room, storage room, separate living area, family hall and three balconies. The covered areas of the units range around 3,177 sq. ft. 

4-BEDROOM APARTMENTS IN ELITE RESIDENCE

4-bedroom apartments in Elite Residence feature four bathrooms, a kitchen, living room, dining room, laundry room, storage room, powder room, maid's room and bathroom, and balconies. 4-bedroom apartments are allotted two parking spaces. The covered areas of the units range around 3,200 sq. ft. 

Having a similar configuration as the quarter-floor penthouses, the half-floor 4-bed penthouses cover an area of around 6400 sq. ft. These feature a pool, locker rooms and a spacious hall. Depending on the size of the units, two or more parking spaces are given. 

5-BEDROOM PENTHOUSE IN ELITE RESIDENCE

The 5-bedroom penthouse is located on the 82nd floor of the residential tower. It features four bathrooms, a kitchen, living room, dining room, laundry room, storage room, powder room, maid's room and bathroom. Additionally, there is an entrance lobby, a driver room, a balcony at each corner and an office area. Residents are given six parking spaces. The covered area of the unit is around 12,469 sq. ft.

1-Bed
2-Bed
4-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 3 hours ago

According to Bayut, 1-bed apartments in Elite Residence enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. 4-bed units take up the third position on the list.

Apartment TypeAverage Rental Price in AED
1-Bed103,000
2-Bed154,000
4-Bed387,000
Based on property listings on Bayut.com over the last 12 months. Last updated 3 hours ago
Spacious 1BHK| High Floor | Sea View
AED90,000Yearly
beds
1
baths
2
area
960 sqft
Spacious 1BHK| High Floor | Sea ViewElite Residence, Dubai Marina, Dubai, UAE
High Floor | Amazing Sea View | Furnished 1 Bed
AED105,000Yearly
beds
1
baths
2
area
959 sqft
High Floor | Amazing Sea View | Furnished 1 BedElite Residence, Dubai Marina, Dubai, UAE
Spacious | Unfurnished | Available Jan
AED130,000Yearly
beds
2
baths
2
area
1,329 sqft
Spacious | Unfurnished | Available JanElite Residence, Dubai Marina, Dubai, UAE
High Floor ✨ Amazing View ✨ Vacant
AED120,000Yearly
beds
1
baths
2
area
737 sqft
High Floor ✨ Amazing View ✨ VacantElite Residence, Dubai Marina, Dubai, UAE
Partial Sea View | Near Tram | Furnished | Vacant
AED105,000Yearly
beds
1
baths
2
area
959 sqft
Partial Sea View | Near Tram | Furnished | VacantElite Residence, Dubai Marina, Dubai, UAE
Spacious | High Floor | Sea View | Furnished
AED95,000Yearly
beds
1
baths
1
area
960 sqft
Spacious | High Floor | Sea View | FurnishedElite Residence, Dubai Marina, Dubai, UAE
1 Bedroom | Fully Furnished | Sea Views
AED100,000Yearly
beds
1
baths
2
area
960 sqft
1 Bedroom | Fully Furnished | Sea ViewsElite Residence, Dubai Marina, Dubai, UAE
Higher Floor | Community View | Spacious
AED84,999Yearly
beds
1
baths
2
area
736 sqft
Higher Floor | Community View | SpaciousElite Residence, Dubai Marina, Dubai, UAE
High Floor | Vacant | Quality Furnishing
AED138,000Yearly
beds
2
baths
3
area
1,331 sqft
High Floor | Vacant | Quality FurnishingElite Residence, Dubai Marina, Dubai, UAE
Vacant | Fully Furnished | Sea View
AED160,000Yearly
beds
2
baths
3
area
1,329 sqft
Vacant | Fully Furnished | Sea ViewElite Residence, Dubai Marina, Dubai, UAE
Unfurnished | High Floor | Community View
AED90,000Yearly
beds
1
baths
2
area
736 sqft
Unfurnished | High Floor | Community ViewElite Residence, Dubai Marina, Dubai, UAE
All BILLS  Included || Elegant , New, Modern: Designer 1-Bedroom Apartment Near the Tram. Marina
AED13,000Monthly
beds
1
baths
1
area
960 sqft
All BILLS Included || Elegant , New, Modern: Designer 1-Bedroom Apartment Near the Tram. MarinaElite Residence, Dubai Marina, Dubai, UAE
All Bills Included | Largest Layout | Sea View
AED115,000Yearly
beds
1
baths
2
area
959 sqft
All Bills Included | Largest Layout | Sea ViewElite Residence, Dubai Marina, Dubai, UAE
Two Bedrooms | Furnished | Upgraded
AED150,000Yearly
beds
2
baths
3
area
1,329 sqft
Two Bedrooms | Furnished | UpgradedElite Residence, Dubai Marina, Dubai, UAE
Renovated | Furnished | VACANT
AED150,000Yearly
beds
2
baths
2
area
1,330 sqft
Renovated | Furnished | VACANTElite Residence, Dubai Marina, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Apartment TypeAverage Sales Price in AED
1-Bed1,469,000
2-Bed2,297,000
4-Bed4,209,000
Based on property listings on Bayut.com over the last 12 months. Last updated 3 hours ago

Rental Yield in Elite Residence

1-Bed
2-Bed
4-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 3 hours ago

4-bed units offer the highest ROI in Elite Residence of 13.76%. 2-bedroom flats generate about 7.25% return on investment. 1-bed apartments offer an ROI of about 6.70%.

Service Charges in Elite Residence

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services 2.93
Maintenance 3.46
Utilities Services 4.81
Management Services 0.75
Insurance 0.78
Master Community 0.63
Total 13.36
RESERVE FUNDPRICE PER SQ. FT. IN AED
Reserve Fund 2
Total Rate 15.36

These are the service charges for Elite Residence* as per the Dubai Land Department. You can read more about the service charges index if you are interested in buying a property in Dubai.

*Please note that these service charges are subject to change

Dubai Transactions
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NEARBY AMENITIES

Transportation near Elite Residence

With a 9-minute drive, one can access the arterial highway, Sheikh Zayed Road (E11). There are multiple options for Dubai public transportation near Elite Residence, such as bus, metro, tram and ferry. The nearest option for a ferry is Marina Walk Ferry Station, located about a 7-minute driving distance away.

Bus Stations near Elite Residence

Media City Bus Station is the nearest option for Dubai bus service. It is located at a 4-minute drive and is a frequent stop for bus 8.

Metro Station near Elite Residence

Jebel Ali Metro Station on the Red Line of Dubai Metro is reachable within a 6-minute drive.

Tram Station near Elite Residence

The nearby option for travelling by Dubai tram is Mina Seyahi Tram Station, a 3-minute walk away. One can board T1 from the station.

MONORAIL STATIONS NEAR ELITE RESIDENCE

Palm Gateway Monorail Station is reachable within a 7-minute drive.

Restaurants near Elite Residence

The following restaurants near Elite Residence offer a variety of cuisines:  

  • VAGA
  • ILOLI
  • Al Bait Al Shami Restaurant
  • Melt and Roast Restaurant
  • Seven Stones

The ever-famous Japanese eatery, ILOLI, is located at an 8-minute drive. VAGA, Al Bait Al Shami Restaurant, Melt and Roast Restaurant and Seven Stones are reachable within an 11-minute drive from Elite Residence Tower Dubai Marina.

Supermarkets near Elite Residence

Residents can find the following supermarkets near Elite Residence Tower: 

  • Carrefour
  • West Zone Fresh Supermarket
  • Almaya Supermarket

Carrefour and West Zone Fresh Supermarket are located within an 11-minute drive. Almaya Supermarket is accessible within a 14-minute drive.

Schools and Nurseries near Elite Residence

Founded by Atticus Education, Smart Vision School follows the British curriculum from FS1 to Year 7. The current KHDA rating is "Good". It is accessible by a 13-minute drive. 

Arcadia School is within a 15-minute drive in Jumeirah Village Triangle (JVT) from the residential tower's location. It is a co-educational school offering education from FS1 to Year 9. 

Sunmarke School is considered one of Dubai's finest educational institutes. The school is part of the Fortes Education Group, offering education from FS1 to Sixth Form. Sunmarke School has maintained the "Very Good" KHDA rating for three consecutive years. It is reachable within a 15-minute drive.

Nearby Buildings

Princess Tower is reachable within a minute's walk. Al Seef Tower,  Marina Arcade Tower and 23 Marina Tower are a 2- and 3-minute drive away, respectively.

Major Landmarks

The project by Nakheel, Ibn Battuta Mall, is known to be one of the largest themed malls in the world. The mall is divided into 6 zones following the culture of countries the world-famous explorer Ibn Battuta has explored. These zones hold more than 500 shops, entertainment and dining facilities. It is located within an 11-minute drive away from Elite Residence by Gemstone Development.

Ibn Battuta Mall, Dubai Marina
Ibn Battuta Mall, Dubai Marina

Located inside Atlantis, The Palm, Aqaventure Waterpark is the world's largest waterpark. It is reachable with a 15-minute drive. The waterpark consists of three major slides: Poseidon Tower, Neptune Tower and Trident Tower. The Lost Chambers Aquarium, Dubai Balloon, Dolphin Paddle and Aquarium Drive are famous entertainment facilities at the Atlantis Aquaventure Waterpark. 

A waterfront destination in Dubai with a variety of entertainment, shopping and dining facilities, Dubai Marina Walk is accessible with an 11-minute drive. For children, there are swings and slides.

Things to Consider

Living in the Elite Residence is an experience due to modern amenities and easy access to public transportation. However, Elite Residence, Dubai, is located in a block that contains many skyscrapers, due to which residents can face heavy traffic. For the visitors, parking spots are minimal.

FAQs

Is Elite Residence pet-friendly?

Yes, Elite Residence is a pet-friendly building.

Can I rent an apartment in Elite Residence?

Yes, apartments in Elite Residence are available for both short-term and long-term rentals. The rental transaction for apartments in Elite Residence can be seen here. 

Are there supermarkets or shopping centres nearby?

Yes, several supermarkets and shopping centres are within walking distance, including Dubai Marina Mall.

What types of apartments are available in Elite Residence?

You can find 1, 2, 3 and 4-bedroom apartments with 5-bedroom penthouses in Elite Residence.

Does Elite Residence offer parking facilities for residents?

Yes, residents can find on-site parking in Elite Residence.

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Ratings & Reviews

1.0 out of 5.0
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Based on 1 Review
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Anonymous
2 years ago
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1.0info
Nothing Elite about this building! Do not think about living here. Lived in Dubai for 7 years and this last 10 months made me want to quit. Glad I'm out of there. ...
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