2BR Distress Apartment for Sale in Elite Residence Dubai Marina | Sea View | AED 1.85M

Investment Summary:

• Property: 2-Bedroom Apartment + Elite Residence + Dubai Marina

• Pricing: AED 1,850,000 (Priced for immediate liquidation)

• Key Specs: 1,329 Sq Ft | High Floor | Full Sea View | Fully Furnished

• Status: Ready to Move In / Currently Rented (High Yield)

• Highlight: Save over AED 300,000 compared to 2026 market averages in the "Tallest Block."

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Property Overview: Elite Residence Dubai Marina

This is a high-floor distress deal located in the iconic Elite Residence, Dubai Marina. Offered at a significant discount, this 2-bedroom residence spans 1,329 sq ft and features breathtaking 360-degree sea views and floor-to-ceiling windows.

The unit is fully furnished and equipped, following the high standards of luxury residences. Whether you are looking for a turn-key investment with a high rental yield or a premium home in Dubai's most sought-after waterfront community, this property represents the lowest entry price for a high-floor sea-view unit currently available in the building.

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Technical Specifications & Financials

Attribute	Details
Asking Price	AED 1,850,000
Price Per Sq Ft	AED 1,392 (Market Avg: AED 1,600+)
Total Area	1,329 Sq Ft
Layout	2 Bedrooms + 2 Bathrooms + Large Balcony
Floor Level	High Floor (Full Sea & Palm View)
Completion Year	2012 (Fully Operational)
Furnishing	Fully Furnished & Equipped
Ownership	Freehold

Acquisition Cost Breakdown

• Purchase Price: AED 1,850,000

• DLD Transfer Fee (4%): AED 74,000

• Trustee Fees: ~AED 4,200

• Agency Fee (2% + VAT): ~AED 38,850

• Total All-In Investment: ~AED 1,967,050

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Elite Residence Lifestyle & Amenities

Elite Residence is renowned for its comprehensive wellness facilities, catering to health-conscious professionals and families:

• Gymnasiums: Indoor, Outdoor, Private, and Aquatic Gyms.

• Pools: Temperature-controlled swimming pools and private swimming pool on-site.

• Wellness: Sauna, Steam Room, and Spa access.

• For Families: Dedicated Children’s Play Area and 24-hour Security/Concierge.

• Connectivity: Located within walking distance to the Marina Tram, Barasti Beach, and Dubai Marina Walk.

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Market Analysis: The "Distress" Value

In the 2026 Dubai Marina market, premium high-floor units in the "Tallest Block" (Elite, Princess Tower, 23 Marina) typically trade between AED 2.15M and AED 2.3M. At AED 1.85M, this listing offers:

1. Immediate Equity: Approx. AED 300,000+ below current comparable listings.

2. Rental Performance: Expected gross yields of 7.5% - 8.2% due to its "Ready" and "Furnished" status.

3. Liquidity: High-floor sea-view units in the Marina remain the most liquid assets in the UAE real estate market.

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Call to Action (CTA)

This property is available for immediate transfer.

Contact DistressPropertyFinder.com to verify the Title Deed and arrange a private viewing.

• WhatsApp / Call: +447435611720

• Reference Code: DPF-ELITE-RES-001