5012, Elite Residence
Sold prices and rental history: sold 5 times, last in June 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5012, Elite Residence
What is 5012 worth today?
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Source: Dubai Land Department. Updated 20 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 50th of 83
- Parking
- B2-83
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.16M · June 2023
- Building
- Elite Residence
About 5012, Elite Residence
5012 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 20 June 2023 for AED 1,160,000, or AED 1,208 per sqft, in line with the AED 1,214 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 8 November 2017, is AED 110,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5012 over time
5012 has sold 5 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 5012 sits
All 416 1-beds →5012 last sold in June 2023 at AED 1,208 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,214). 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. 5012's AED 110,000 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 | |
| 5006 | 1-bed | 960 sqft | AED 1.7MAED 1,700,000 · Aug 2013August 2013 | 105,250 /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, Elite Residence in numbers
- Sold 5 times: first on 10 August 2009 for AED 1,383,445, last on 20 June 2023 for AED 1,160,000 (AED 1,208 per sqft).
- Rented since November 2015 on 2 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 9.5%, 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 20 June 2023.
Questions about 5012, Elite Residence
What did unit 5012 last sell for?
AED 1,160,000 on 20 June 2023: AED 1,208 per sqft for 960 sqft. The unit has 5 registered sales; the first was AED 1,383,445 in August 2009.
What is the rent for unit 5012?
AED 110,000 a year on the contract signed on 8 November 2017. The previous contract, from November 2015, was AED 110,000.
How big is unit 5012?
960 sqft (89.2 sqm): a one-bedroom apartment on the 50th floor of a 83-storey tower completed in 2012.
What is unit 5012 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 5012, Elite Residence
Starts from the last sale price (AED 1.16M, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →