1-bed · 737 sqftElite Residence, Dubai Marina · 52nd floor · completed 2012

5209, Elite Residence

Sold prices and rental history: sold 6 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5209 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 1.11M10 August 2023
Current rentAED 74K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5209, Elite Residence

What is 5209 worth today?

Last sold for AED 1,112,970 in 2023

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10 Oct 2023RentedRenewal
AED 73,500/yr12 months · AED 100 per sqft
10 Aug 2023SoldReady
AED 1,112,970AED 1,510 per sqft
10 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 95 per sqft
15 Feb 2022RentedRenewal
AED 51,600/yr6 months · AED 70 per sqft
15 Feb 2021RentedRenewal
AED 43,000/yr12 months · AED 58 per sqft
15 Feb 2020RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
29 Jul 2019RentedRenewal
AED 70,000/yr12 months · AED 95 per sqft
29 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
52nd of 83
Parking
P2-13
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.11M · August 2023

About 5209, Elite Residence

5209 is a one-bedroom apartment of 737 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 10 August 2023 for AED 1,112,970, or AED 1,510 per sqft, 23% above the AED 1,223 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 73,500 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 5209 over time

Sales
Unit 5209, 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, March 2010: AED 1,233,273 (AED 1,674 per sqft)Sold, March 2010: AED 1,233,273 (AED 1,674 per sqft)Sold, December 2012: AED 1,233,273 (AED 1,674 per sqft)Sold, June 2016: AED 1,200,000 (AED 1,628 per sqft)Sold, January 2018: AED 1,070,000 (AED 1,452 per sqft)Sold, August 2023: AED 1,112,970 (AED 1,510 per sqft)

5209 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5209, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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 82,000New contract, May 2016: AED 84,000 a yearNew contract, July 2018: AED 70,000 a yearRenewal, July 2019: AED 70,000 a yearNew contract, February 2020: AED 53,000 a yearRenewal, February 2021: AED 43,000 a yearRenewal, February 2022: AED 51,600 a yearNew contract, October 2022: AED 70,000 a yearRenewal, October 2023: AED 73,500 a year

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 5209 sits

All 416 1-beds →

5209 last sold in August 2023 at AED 1,510 per sqft, 23% above what one-beds in Elite Residence were fetching at the time (AED 1,223). 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. 5209's AED 73,500 is in the lower half of that range.

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 52nd floor

All 697 units in Elite Residence
Value
52011-bedAED 1.39M · Dec 2012
52022-bedAED 2.45M · Apr 2014
52031-bedAED 1.65M · Sep 2013
52041-bedAED 1.6M · Sep 2013
52052-bedAED 2M · Feb 2025
52061-bedAED 1.5M · Oct 2025
52071-bedAED 695K · Dec 2012
1–7 of 11

5209, Elite Residence in numbers

  • Sold 6 times: first on 15 March 2010 for AED 1,233,273, last on 10 August 2023 for AED 1,112,970 (AED 1,510 per sqft).
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 84,000 to AED 43,000 in 2021 and recovered to AED 73,500 by October 2023.
  • At AED 73,500 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 9,700 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 10 October 2023.

Questions about 5209, Elite Residence

What did unit 5209 last sell for?

AED 1,112,970 on 10 August 2023: AED 1,510 per sqft for 737 sqft. The unit has 6 registered sales; the first was AED 1,233,273 in March 2010.

What is the rent for unit 5209?

AED 73,500 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 70,000; the unit has been rented since May 2016.

How big is unit 5209?

737 sqft (68.5 sqm): a one-bedroom apartment on the 52nd floor of a 83-storey tower completed in 2012.

What is unit 5209 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 5209, Elite Residence

Starts from the last sale price (AED 1.11M, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,112,970
Deposit, UAE resident (20%)
AED 222,594
Deposit, non-resident (40%)
AED 445,188
Monthly over 25 years at 3.7%
AED 4,554

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