What tenants actually pay in Elite Residence 1
Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.
Median of Studio contracts registered here in the last 12 months: AED 3.8万 / year, from 82 contracts.
Registered rents by layout, last 12 months
| Layout | Contracts | Median annual rent | Median per ft² / year |
|---|---|---|---|
| Studio | 82 | AED 3.8万 | AED 85/ft² |
| 1 B/R | 56 | AED 5.2万 | AED 65/ft² |
| 2 B/R | 13 | AED 7万 | AED 69/ft² |
Layouts with fewer than 10 contracts are not published
Rent vs buy, in registered numbers
Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.
- Gross yield
- 9.6%
- a year of rent as a share of the price, before service charges and voids
- Price-to-rent
- 10.4 years
- of this rent to add up to the purchase price
- Cost to change your mind
- ≈ AED 3.2万
- one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even
Latest registered contracts
| Start date | Type | Annual rent | Size |
|---|---|---|---|
| 8 Sep 2026 | Flat | AED 3.3万 | 425 ft² |
| 1 Sep 2026 | Flat | AED 6.1万 | 801 ft² |
| 1 Sep 2026 | Flat | AED 4.8万 | 795 ft² |
| 31 Aug 2026 | Flat | AED 5.2万 | 737 ft² |
| 27 Aug 2026 | Flat | AED 3.5万 | 425 ft² |
| 25 Aug 2026 | Flat | AED 4.8万 | 781 ft² |
| 25 Aug 2026 | Flat | AED 3.4万 | 431 ft² |
| 20 Aug 2026 | Flat | AED 4.8万 | 770 ft² |
| 25 Jun 2026 | Flat | AED 4万 | 442 ft² |
| 15 Jun 2026 | Flat | AED 6万 | 1,012 ft² |
What this is — and is not
Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.