Elite Residence, Dubai Marina

Elite Residence, Dubai Marina

HIGHLIGHTS

About Elite Residence, Dubai Marina

With a skyline of super-tall buildings, Dubai Marina is one of the most sought-after residential areas in Dubai. It is a perfect area for people who are seeking a city and beach lifestyle. With prominent neighbourhoods being easily-accessible, this upscale location is highly favoured by young professionals working in Dubai Media City and JLT. This community boasts an array of high-end restaurants, cafés and entertainment options. Located at the fringe of Dubai Marina, Elite Residence is a 92-storey skyscraper ascending high in the sky.

Elite Residence, Dubai, as the name indicates, is a locality for the elites of Dubai. It is the fourth tallest residential building in the world.  The construction of this masterpiece started in 2006 and completed in 2012. Standing tall at 380 metres, this architectural wonder is a development of Tameer Holding.  This high-end community comprises 4 basement levels, ground floor, and 86 floors above ground. Featuring 703 sumptuous residential units, the building offers a range of 1 to 4-bedroom contemporary apartments and 3 to 4-bedroom penthouses.

It is located next to the tallest residential building in the world, Princess Tower. People living in Elite Residence can enjoy sublime views of Palm Jumeirah. Away from the hustle and massive influx of tourists, Elite Residence is located at the King Salman Bin Abdulaziz Al Saud St. Providing residents with a comfortable stay, it is a peaceful residential area to rent or buy an apartment in Dubai Marina.

IN A NUTSHELL

  • Part of Dubai Marina
  • A skyscraper comprising 92 floors
  • Fourth tallest residential building
  • 788 parking spaces
  • 703 freehold properties
  • A masterpiece of Tameer Holding
  • Features 1, 2, 3 and 4-bed apartments and penthouses
  • One palatial 5-bedroom penthouse at the top floor  
  • Launched in 2006 and completed in 2012
  • Luxury pool, gym with assorted amenities.
  • Reserved parking, maintenance and security
  • 12 high-speed elevators
  • Carrefour supermarket is next door
  • Direct access to King Salman Bin Abdulaziz Al Saud Street
  • Dubai International Airport is just 28-minute drive away

BUILDING DETAILS

Facilities in Elite Residence, Dubai Marina

Parking

There are 788 spaces for residential parking in Elite Residence, Dubai Marina. These are available in the 1-4 level basement and 1-4 upper levels. Both residents and visitors can easily find parking in the building.

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

Elevators

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

Security, Central Air-Conditioning and Maintenance Services 

CCTVs are installed throughout the building and for further safety, security staff works in different shifts. The electricity and water supplier for Elite Residence is DEWA. Chiller charges are included in the annual services charges for tenants. 

Gym and Fitness Facilities 

There is a fully equipped gym in Elite Residence, Dubai Marina. Residents can enjoy views of Mina Seyahi beachfront and Palm Jumeirah while working out. For tennis lovers, it also features a tennis court. This residence features two indoor swimming pools and one outdoor swimming pool. For children; the skyscraper features a kid’s pool. This building also has a sauna, jacuzzi and sundeck-lounges. 

Lifestyle Amenities

Children's outdoor play equipment and children’s playroom. Adults can also head to the games room where they can play air hockey, pool table, billiards and many more. 

Concierge and Guest Services 

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

Elite Residence Floor Plans 

The apartments in Elite Residence, Dubai Marina come in different configurations.

  • 1-bedroom apartments in Elite Residence, Dubai Marina consists of 8 different unit types
  • 2-bedroom apartments in Elite Residence, Dubai Marina consists of 4 different unit types
  • 3-bedroom penthouses in Elite Residence, Dubai Marina consists of 4 different unit types
  • 4-bedroom penthouses in Elite Residence, Dubai Marina consists of 5 different unit types

 You can view the floor plans for Elite Sports Residence on Bayut.com. There are floor plans available for 1, 2-bedroom apartments and 3 and 4-bedroom penthouses.

Apartment Types in Elite Sports Residence

Elite Sports Residence features a total of 703 residential units comprising 416 1-bedroom flats, 208 2-bedroom units and 22 3-bedroom apartments. Moreover, it boasts 56 4-bedroom penthouses and an exclusive 5-bedroom penthouse.

1-Bedroom Apartments in Elite Sports Residence

The 1-bedroom apartments in Elite Sports Residence comes in 8 different configurations. The built-up size of these units range between 923 sq. ft. to 1,135 sq. ft. These comprise a master bedroom with en-suite bathroom, a guest bathroom, a living area and dining area, a semi-open kitchen and a balcony. One car park is allocated to each of these flats. 

2-Bedroom Apartments in Elite Residence

Built on four different configurations, the total area of these 2-bedroom apartments in Elite Sports Residence starts from 1,304 sq. ft. to 1,600 sq. ft. These flats come with a living area and dining area, two bedrooms with en-suites and one powder room. Featuring a modern semi-open kitchen that has its separate dining area and access to a small balcony attached to it, each of these units comes with a separate parking space. 

3-Bedroom Apartments in Elite Residence

Coming in five different configurations, the 3-bedroom apartments in Elite Sports Residence have an average built-up area of 3,177 sq. ft. The layout contains three master bedrooms with en-suite bathrooms. Apart from these, there are three balconies, one guest bathroom, a maid's area and a powder room. Residents also enjoy a laundry room, one store-room, a separate sitting area and a large family hall.

4-Bedroom Apartments in Elite Residence

Built on five different floor plans and covering a quarter floor, these 4-bedroom duplex penthouses are devised on 3,200 sq. ft. of space. These sumptuous penthouses comprise four master bedrooms, spacious sitting and dining room, three balconies, a laundry room, a storeroom, a guest bathroom and a semi-open kitchen with family dining room. All the bedrooms including the maid’s room come with an attached bathroom. Some of these 4-bedroom penthouses are allocated two car parking spaces.

Having a similar configuration as the quarter floor penthouses, the half-floor 4-bed penthouses covers an area of around 6400 sq. ft. These feature a lavish pool, locker rooms and a spacious hall. Two or three parking spaces are given to the resident of this penthouse. 

5-Bedroom Penthouse in Elite Residence

One exclusive penthouse is thoughtfully conceived on the 82nd floor of the opulent tower. Covering the whole floor, this palatial house has a built-up area of 12,469 sq. ft.

This penthouse is synonymous with a villa, comprising the same amenities featured in 4-bed penthouses. In addition, it boasts an entrance lobby, driver room, a corridor, a balcony at each corner and an office area. Residents of this villa can avail up to six car parking spaces.

Most Popular Apartment Types in Elite Residence Tower

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to the searches on Bayut.com, the most popular apartment type are the 1-bedroom flats. Closely followed by 2-bedroom apartments. In the end, we have 4-bedroom and 3-bedroom apartments. 

Rental Trends in Elite Residence, Dubai Marina

Most apartments for rent in Elite Residence Tower, Dubai Marina come fully furnished and equipped with modern appliances. Those who wish to compare the rental trend of Elite Residence Tower, Dubai Marina with the prices of other Dubai Marina apartments for rent can visit Bayut's official property portal. 

Sales Trends in Elite Residence, Dubai Marina

Apartments for sale in Elite Residence Tower, Dubai Marina are freehold and anyone can buy these properties. The only penthouse on the top floor of the Elite Residence can be bought for AED 40M. Investors are provided with a plethora of options in the parent community, as there are several Dubai Marina apartments for sale that come with a similar price tag.

Rental Yield in Elite Residence

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

Elite Residence, Dubai, enjoys an impressive rental yield. The 1-bedroom flats provide an ROI of 6.8%. 2-bedroom flat rank second with an ROI of 6%. 3 and 4-bedroom apartments round up the list with an ROI of 5.7% and 4% respectively. 

Service Charges in Elite Residence

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
Services
PRICE PER SQ. FT. IN AED
2.93
GENERAL FUND
Maintenance
PRICE PER SQ. FT. IN AED
3.46
GENERAL FUND
Utilities Services
PRICE PER SQ. FT. IN AED
4.81
GENERAL FUND
Management Services
PRICE PER SQ. FT. IN AED
0.75
GENERAL FUND
Insurance
PRICE PER SQ. FT. IN AED
0.78
GENERAL FUND
Master Community
PRICE PER SQ. FT. IN AED
0.63
GENERAL FUND
Total
PRICE PER SQ. FT. IN AED
13.36
RESERVE FUND
PRICE PER SQ. FT. IN AED
RESERVE FUND
Reserve Fund
PRICE PER SQ. FT. IN AED
2
RESERVE FUND
Total Rate
PRICE PER SQ. FT. IN AED
15.36
ADDITIONAL SERVICES
PRICE PER SQ. FT. IN AED
ADDITIONAL SERVICES
Additional Services
PRICE PER SQ. FT. IN AED
3.75
ADDITIONAL SERVICES
Total
PRICE PER SQ. FT. IN AED
3.75

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

*Please note that these service charges are subject to change

NEARBY AMENITIES

Transportation near Elite Residence

Public transportation near Elite Residence is of no problem. With metro and tram being easily-accessible, residents of the building can reach any part of the city without a hitch.

Bus Stations near Elite Residence

Four bus stop lines are near the community. The bus stop at Mina Al Siyahi is a 2-minute walk.

Metro Station near Elite Residence

DAMAC Metro Station is the nearest metro station, just 10 minutes away.

Tram Station near Elite Residence

Dubai Marina Tram Station is located down the road, at a 4-minute walking distance. Life Tram in front of Mag 218 Tower can be reached within 4 minutes on foot. 

Restaurants near Elite Residence

Living in Elite Residence, Dubai will have you spoilt for choice when it comes to restaurants and cafes. The area is dotted with several eateries and cosmopolitan restaurants near Elite Residence.

If you are looking for the best restaurants in Dubai Marina, you may head to:

  • Reem Al Bawadi
  • Al Shorfa Restaurant
  • Bussola

Reem Al Bawadi, a 7-minute walk, serves Lebanese cuisine with stunning waterfront views. Al Shorfa Restaurant is just 8 minutes away. It is an outdoor seating Syrian restaurant well known for serving Allepian cuisine. A seafront Italian restaurant, Bussola is just a 9-minute walk away. 

One can also visit the upscale dining options in Dubai Marina. Some are:

  • Ruya
  • El Sura
  • Observatory Bar & Grill

Residents can also visit the restaurants in the Marriott Harbour Hotel. Moreover, coffee lovers can head to the nearest Starbucks outlet which can be reached in just 10 minutes on foot

Supermarkets near Elite Residence

There are many supermarkets near Elite Residence including:

  • Carrefour
  • Spinneys
  • Waitrose

The well-known Carrefour hypermarket is located next door in the neighbouring building Marina Crown, where residents can get their grocery shopping done. Spinneys is located at a walk of 5-minute near Al Mass Tower. One can also access Waitrose supermarket, which is located at a 6-minute drive

Major Landmarks

Some prominent landmarks near Elite Residence are:

  • Princess Tower
  • Skydive Dubai 9
  • Emirates Golf Club

Set on King Salman Bin Abdulaziz Al Saud St., Elite Residence, Dubai stands amongst many notable landmarks such as Princess Tower, the tallest residential building in the world and Dubai Marriott Harbour Hotels, popular upscale hotel among tourists. Another close by landmarks include Skydive Dubai, Emirates Golf Club and 23 Marina Tower.

Nearby Buildings

Some of the buildings that surround Elite Residence include:

  • Marina Crown
  • Sulafa Tower
  • Le Reve
  • Marina 101

These highrise buildings are located at a walking distance from Elite Residence.

THINGS TO CONSIDER

In spite of providing residents with all the plush amenities and an extravagant lifestyle, 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 very limited. 

Are you looking to buy or rent apartments in Elite Residence?
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