Home › Communities › Dubai Marina › Elite Residence

Elite Residence rent: what tenants really pay

Rent in Elite Residence, Dubai Marina: 1-bed AED 80,000, 2-bed AED 118,801, 3-bed AED 300,000 a year. These are medians of 359 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 98, against AED 110 across Dubai Marina. About 170 homes here are advertised for rent now.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Elite Residence: value at AED 98 a sq ft against the Dubai Marina median of 110. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Elite Residence

  1. Per sq ft, a 1-bed here costs 11% less than the Dubai Marina median: AED 98 against AED 110. It is number 10 of 51 Dubai Marina buildings, cheapest first.
  2. New 1-bed tenants pay AED 80,000, renewing tenants AED 85,000. For the same home, renewing is more expensive than moving in: a new tenant pays 6% less.
  3. New-lease rent per sq ft fell 9% on the year, to AED 94 a sq ft.
  4. About 170 homes are advertised for rent against 359 leases signed in a year: a lot of choice, so there is room to negotiate.
  5. 60 leases end in the next 60 days, so more homes may become available soon.

Rent in Elite Residence by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed80,00085,00085,00080298228
2-bed118,801130,625130,0001,33095105
3-bed300,000–390,0003,1739526

Where Elite Residence is, and the buildings around it

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

A new 1-bed tenant in Elite Residence pays 6% less than a renewing one for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

Finding

New-lease rent per sq ft in Elite Residence fell 9% on the year.

Median new lease, AED a sq ft, by quarter

AED 94 a sq ft in the 12 months to 15 Oct 2026, against AED 103 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

60 leases in Elite Residence end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Dubai Marina buildings, 1-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Princess Tower80,00092391193
Mag21880,00087593217
Zumurud Dubai Marina80,0008199582
The Point80,54576011452
Royal Oceanic Tower84,00078710914
Sulafa Tower75,00091682302
Bay Central West & Central Towers85,000693126286
Studio One85,00071213999

Buying in Dubai Marina? Sale prices, every tower, resale and off-plan: Dubai Marina on BUY DUBAI →

Questions

How much is rent in Elite Residence?

Rent in Elite Residence, Dubai Marina: 1-bed AED 80,000, 2-bed AED 118,801, 3-bed AED 300,000 a year. These are medians of 359 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 98, against AED 110 across Dubai Marina. About 170 homes here are advertised for rent now.

How much is a 1 bedroom in Elite Residence?

The median rent for a new 1-bed lease in Elite Residence is AED 80,000 a year (AED 6,667 a month). The median size is 802 sq ft. This is from 128 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 2 bedroom in Elite Residence?

The median rent for a new 2-bed lease in Elite Residence is AED 118,801 a year (AED 9,900 a month). The median size is 1,330 sq ft. This is from 68 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 3 bedroom in Elite Residence?

The median rent for a new 3-bed lease in Elite Residence is AED 300,000 a year (AED 25,000 a month). The median size is 3,173 sq ft. This is from 16 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Elite Residence?

For a 1-bed, new tenants pay a median AED 80,000 and renewing tenants AED 85,000. For the same home, a new tenant pays 6% less.

Is rent going up in Elite Residence?

Rent per sq ft on new leases in Elite Residence: AED 94 in the 12 months to 15 Oct 2026, against AED 103 the year before.

What are the alternatives to Elite Residence in Dubai Marina?

Similar rent for a 1-bed: Princess Tower AED 80,000, Mag218 AED 80,000, Zumurud Dubai Marina AED 80,000, The Point AED 80,545.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "ELITE RESIDENCE". 359 leases 16 Oct 2025–15 Oct 2026, 212 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building. Position from OpenStreetMap.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

DaliaAIAsk Dalia