5006, Elite Residence
Sold prices and rental history: sold 4 times, last in August 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5006, Elite Residence
What is 5006 worth today?
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Source: Dubai Land Department. Updated 18 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 50th of 83
- Parking
- B2-12
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.7M · August 2013
- Building
- Elite Residence
About 5006, Elite Residence
5006 is a one-bedroom apartment of 960 sqft on the 50th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 August 2013 for AED 1,700,000, or AED 1,770 per sqft, 27% above the AED 1,391 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 18 June 2023, is AED 105,250 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5006 over time
5006 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Elite Residence, and where 5006 sits
All 416 1-beds →5006 last sold in August 2013 at AED 1,770 per sqft, 27% above what one-beds in Elite Residence were fetching at the time (AED 1,391). Over the last 12 months one-beds sold for AED 1,065,000 to 1,530,677, around AED 1,547 per sqft, and rent for AED 36,725 to 159,000 a year. 5006's AED 105,250 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
Elite Residence
Building697 apartments, 1-bed to 5-bed over 83 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 39 sold in the last 12 months.
- Typical price per sqft
- AED 1,445 Up 1.3%
- Typical sale
- AED 1.53M
- Typical rent
- AED 94K /yr
- Typical yield
- 6.6%
Other units on the 50th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 1-bed | 960 sqft | AED 1.38MAED 1,383,445 · Aug 2009August 2009 | 101,252 /yr | |
| 5002 | 2-bed | 1,331 sqft | AED 1.96MAED 1,955,000 · Aug 2024August 2024 | ||
| 5003 | 1-bed | 801 sqft | AED 1.73MAED 1,725,000 · Apr 2017April 2017 | 80,000 /yr | |
| 5004 | 1-bed | 802 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | 90,000 /yr | |
| 5005 | 2-bed | 1,330 sqft | AED 2.4MAED 2,400,000 · Dec 2013December 2013 | 116,600 /yr | |
| 5007 | 1-bed | 959 sqft | AED 1.21MAED 1,210,000 · May 2013May 2013 | 85,000 /yr | |
| 5008 | 2-bed | 1,331 sqft | AED 1.8MAED 1,800,000 · Jan 2024January 2024 | 130,000 /yr | |
| 5009 | 1-bed | 737 sqft | AED 1.15MAED 1,150,000 · Feb 2024February 2024 | 75,000 /yr | |
| 5010 | 1-bed | 737 sqft | AED 1.23MAED 1,227,730 · Oct 2014October 2014 | 90,000 /yr | |
| 5011 | 2-bed | 1,331 sqft | AED 2.08MAED 2,075,632 · Dec 2012December 2012 | 100,270 /yr | |
| 5012 | 1-bed | 960 sqft | AED 1.16MAED 1,160,000 · Jun 2023June 2023 | 110,000 /yr |
5006, Elite Residence in numbers
- Sold 4 times: first on 10 August 2009 for AED 1,383,445, last on 26 August 2013 for AED 1,700,000 (AED 1,770 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 105,250 by June 2023.
- At AED 105,250 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
- One-beds in Elite Residence sold for AED 1,065,000–1,530,677 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.
Source: Dubai Land Department. Updated 18 June 2023.
Questions about 5006, Elite Residence
What did unit 5006 last sell for?
AED 1,700,000 on 26 August 2013: AED 1,770 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,383,445 in August 2009.
What is the rent for unit 5006?
AED 105,250 a year on the contract renewed on 18 June 2023. The previous contract, from June 2022, was AED 100,000; the unit has been rented since February 2014.
How big is unit 5006?
960 sqft (89.2 sqm): a one-bedroom apartment on the 50th floor of a 83-storey tower completed in 2012.
What is unit 5006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elite Residence sold for AED 1,065,000 to 1,530,677 in the last 12 months, around AED 1,547 per sqft.
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Mortgage on 5006, Elite Residence
Starts from the last sale price (AED 1.7M, 26 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →