5208, Elite Residence
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5208, Elite Residence
What is 5208 worth today?
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Source: Dubai Land Department. Updated 7 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 52nd of 83
- Parking
- B2-50
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.09M · October 2012
- Building
- Elite Residence
About 5208, Elite Residence
5208 is a two-bedroom apartment of 1,331 sqft on the 52nd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 October 2012 for AED 2,085,003, or AED 1,567 per sqft, 41% above the AED 1,115 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 7 June 2023, is AED 88,000 a year: a gross yield of 4.2% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5208 over time
5208 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5208 sits
All 208 2-beds →5208 last sold in October 2012 at AED 1,567 per sqft, 41% above what two-beds in Elite Residence were fetching at the time (AED 1,115). 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. 5208's AED 88,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
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 52nd floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5201 | 1-bed | 960 sqft | AED 1.39MAED 1,389,691 · Dec 2012December 2012 | 66,000 /yr | |
| 5202 | 2-bed | 1,331 sqft | AED 2.45MAED 2,450,000 · Apr 2014April 2014 | 115,000 /yr | |
| 5203 | 1-bed | 801 sqft | AED 1.65MAED 1,650,000 · Sep 2013September 2013 | 85,180 /yr | |
| 5204 | 1-bed | 802 sqft | AED 1.6MAED 1,600,000 · Sep 2013September 2013 | 70,000 /yr | |
| 5205 | 2-bed | 1,330 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 175,000 /yr | |
| 5206 | 1-bed | 960 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | 66,500 /yr | |
| 5207 | 1-bed | 959 sqft | AED 695KAED 694,845 · Dec 2012December 2012 | 85,000 /yr | |
| 5209 | 1-bed | 737 sqft | AED 1.11MAED 1,112,970 · Aug 2023August 2023 | 73,500 /yr | |
| 5210 | 1-bed | 737 sqft | AED 1.23MAED 1,233,273 · Jan 2013January 2013 | 70,000 /yr | |
| 5211 | 2-bed | 665 sqft | AED 875KAED 875,000 · Jan 2016January 2016 | ||
| 5212 | 1-bed | 480 sqft | AED 600KAED 600,000 · Mar 2013March 2013 | 85,000 /yr |
5208, Elite Residence in numbers
- Sold twice: first on 17 August 2009 for AED 2,085,003, last on 17 October 2012 for AED 2,085,003 (AED 1,567 per sqft).
- Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 88,000 by June 2023.
- At AED 88,000 a year the gross yield on the 2012 price is 4.2%, 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 7 June 2023.
Questions about 5208, Elite Residence
What did unit 5208 last sell for?
AED 2,085,003 on 17 October 2012: AED 1,567 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,085,003 in August 2009.
What is the rent for unit 5208?
AED 88,000 a year on the contract renewed on 7 June 2023. The previous contract, from June 2022, was AED 75,000; the unit has been rented since January 2013.
How big is unit 5208?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 52nd floor of a 83-storey tower completed in 2012.
What is unit 5208 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 5208, Elite Residence
Starts from the last sale price (AED 2.09M, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,085,003
- Deposit, UAE resident (20%)
- AED 417,001
- Deposit, non-resident (40%)
- AED 834,001
- Monthly over 25 years at 3.7%
- AED 8,530
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →