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.
Residents can find 788 spaces for parking in Elite Residence.
There are 12 high-functioning elevators in Elite Residence, Dubai Marina.
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.
A business centre is used for events and gatherings.
There is a fully equipped gym in Elite Residence.
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.
24-hour concierge and maintenance services are provided in Elite Residence, Dubai Marina.
Elite Residence is a pet-friendly residential building.
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 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 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 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 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 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.
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.
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.
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%.
GENERAL FUND | PRICE 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 FUND | PRICE 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
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.
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.
Jebel Ali Metro Station on the Red Line of Dubai Metro is reachable within a 6-minute drive.
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.
Palm Gateway Monorail Station is reachable within a 7-minute drive.
The following restaurants near Elite Residence offer a variety of cuisines:
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.
Residents can find the following supermarkets near Elite Residence Tower:
Carrefour and West Zone Fresh Supermarket are located within an 11-minute drive. Almaya Supermarket is accessible within a 14-minute drive.
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.
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.
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.
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.
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.
Yes, Elite Residence is a pet-friendly building.
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.
Yes, several supermarkets and shopping centres are within walking distance, including Dubai Marina Mall.
You can find 1, 2, 3 and 4-bedroom apartments with 5-bedroom penthouses in Elite Residence.
Yes, residents can find on-site parking in Elite Residence.