2-bed · 1,330 sqftElite Residence, Dubai Marina · 51st floor · completed 2012

5105, Elite Residence

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5105 · DLD and Ejari recordsUpdated 20 December 2021
Last soldAED 2.2M20 December 2021
Current rentAED 76K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5105, Elite Residence

What is 5105 worth today?

Last sold for AED 2,200,000 in 2021

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20 Dec 2021SoldReady
AED 2,200,000AED 1,654 per sqft
5 Nov 2021RentedRenewal
AED 76,000/yr12 months · AED 57 per sqft
5 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
15 Nov 2018RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
15 Nov 2017RentedRenewal
AED 137,000/yr12 months · AED 103 per sqft
15 Nov 2016RentedRenewal
AED 147,000/yr12 months · AED 110 per sqft
15 Nov 2015RentedNew contract
AED 147,000/yr12 months · AED 110 per sqft
24 Mar 2013SoldReady
AED 2,773,756AED 2,085 per sqft

Source: Dubai Land Department. Updated 20 December 2021.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
51st of 83
Parking
P2-44
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.2M · December 2021

About 5105, Elite Residence

5105 is a two-bedroom apartment of 1,330 sqft on the 51st floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 December 2021 for AED 2,200,000, or AED 1,654 per sqft, 98% above the AED 834 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 5 November 2021, is AED 76,000 a year: a gross yield of 3.5% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for 5105 over time

Sales
Unit 5105, each saleTypical two-bed in Elite Residence
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, August 2009: AED 2,773,756 (AED 2,085 per sqft)Sold, March 2013: AED 2,773,756 (AED 2,085 per sqft)Sold, December 2021: AED 2,200,000 (AED 1,654 per sqft)

5105 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5105, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, November 2015: AED 147,000 a yearRenewal, November 2016: AED 147,000 a yearRenewal, November 2017: AED 137,000 a yearRenewal, November 2018: AED 125,000 a yearNew contract, November 2020: AED 70,000 a yearRenewal, November 2021: AED 76,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Residence, and where 5105 sits

All 208 2-beds →

5105 last sold in December 2021 at AED 1,654 per sqft, 98% above what two-beds in Elite Residence were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 1,800,000 to 2,270,000, around AED 1,417 per sqft, and rent for AED 85,000 to 225,000 a year. 5105's AED 76,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 51st floor

All 697 units in Elite Residence
Value
51011-bedAED 1.25M · May 2024
51022-bedAED 2M · Feb 2024
51031-bedAED 1.47M · Dec 2012
51041-bedAED 1.5M · Dec 2023
51061-bedAED 1.2M · Dec 2024
51071-bedAED 1.08M · Feb 2013
51082-bedAED 2.12M · Mar 2014
1–7 of 11

5105, Elite Residence in numbers

  • Sold 3 times: first on 10 August 2009 for AED 2,773,756, last on 20 December 2021 for AED 2,200,000 (AED 1,654 per sqft).
  • Rented since November 2015 on 6 Ejari contracts, from AED 147,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2021 price is 3.5%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,800,000–2,270,000 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 December 2021.

Questions about 5105, Elite Residence

What did unit 5105 last sell for?

AED 2,200,000 on 20 December 2021: AED 1,654 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 2,773,756 in August 2009.

What is the rent for unit 5105?

AED 76,000 a year on the contract renewed on 5 November 2021. The previous contract, from November 2020, was AED 70,000; the unit has been rented since November 2015.

How big is unit 5105?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 51st floor of a 83-storey tower completed in 2012.

What is unit 5105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,800,000 to 2,270,000 in the last 12 months, around AED 1,417 per sqft.

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Mortgage on 5105, Elite Residence

Starts from the last sale price (AED 2.2M, 20 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →