Home
Dubai prices
About
Research
1-bed · 960 sqftElite Residence, Dubai Marina · 51st floor · completed 2012

5112, Elite Residence

Sold prices and rental history: sold 4 times, last in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5112 · DLD and Ejari recordsUpdated 29 November 2016
Last soldAED 1.3M29 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 5112

Property timeline for 5112, Elite Residence

What is 5112 worth today?

Last sold for AED 1,300,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Nov 2016SoldReady
AED 1,300,000AED 1,354 per sqft
19 Nov 2013SoldReady
AED 1,300,000AED 1,354 per sqft
30 Dec 2012SoldReady
AED 1,347,198AED 1,404 per sqft
13 Aug 2009Sold by developerOff-plan
AED 1,347,198AED 1,404 per sqft

Source: Dubai Land Department. Updated 29 November 2016.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
51st of 83
Parking
B2-71
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.3M · November 2016
Building
Elite Residence

About 5112, Elite Residence

5112 is a one-bedroom apartment of 960 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 29 November 2016 for AED 1,300,000, or AED 1,354 per sqft, 4% below the AED 1,405 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5112 over time

Sales
Unit 5112, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, August 2009: AED 1,347,198 (AED 1,404 per sqft)Sold, December 2012: AED 1,347,198 (AED 1,404 per sqft)Sold, November 2013: AED 1,300,000 (AED 1,354 per sqft)Sold, November 2016: AED 1,300,000 (AED 1,354 per sqft)

5112 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5112, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000

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 5112 sits

All 416 1-beds →

5112 last sold in November 2016 at AED 1,354 per sqft, 4% below what one-beds in Elite Residence were fetching at the time (AED 1,405). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-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
51052-bedAED 2.2M · Dec 2021
51061-bedAED 1.2M · Dec 2024
51071-bedAED 1.08M · Feb 2013
1–7 of 11

5112, Elite Residence in numbers

  • Sold 4 times: first on 13 August 2009 for AED 1,347,198, last on 29 November 2016 for AED 1,300,000 (AED 1,354 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 29 November 2016.

Questions about 5112, Elite Residence

What did unit 5112 last sell for?

AED 1,300,000 on 29 November 2016: AED 1,354 per sqft for 960 sqft. The unit has 4 registered sales; the first was AED 1,347,198 in August 2009.

How big is unit 5112?

960 sqft (89.2 sqm): a one-bedroom apartment on the 51st floor of a 83-storey tower completed in 2012.

What is unit 5112 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.

Selling 5112? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5112, Elite Residence

Starts from the last sale price (AED 1.3M, 29 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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