2-bed · 1,330 sqftElite Residence, Dubai Marina · 54th floor · completed 2012

5405, Elite Residence

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5405 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 2.2M17 September 2013
Current rentAED 130K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5405, Elite Residence

What is 5405 worth today?

Last sold for AED 2,200,000 in 2013

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20 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
20 Jun 2025RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
20 Jun 2024RentedRenewal
AED 128,000/yr12 months · AED 96 per sqft
20 Jun 2024RentedRenewal
AED 128,000/yr12 months · AED 96 per sqft
20 Jun 2023RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
20 Jun 2022RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
12 Jun 2021RentedRenewal
AED 85,109/yr12 months · AED 64 per sqft
12 Jun 2020RentedNew contract
AED 87,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
54th of 83
Parking
P1-26
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.2M · September 2013

About 5405, Elite Residence

5405 is a two-bedroom apartment of 1,330 sqft on the 54th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 17 September 2013 for AED 2,200,000, or AED 1,654 per sqft, 7% above the AED 1,542 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 130,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 17,400 a year.

Sales and rents for 5405 over time

Sales
Unit 5405, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical 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, September 2013: AED 2,200,000 (AED 1,654 per sqft)

5405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5405, 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, October 2013: AED 130,000 a yearRenewal, October 2014: AED 136,500 a yearRenewal, October 2015: AED 141,000 a yearRenewal, October 2016: AED 138,396 a yearRenewal, October 2017: AED 135,000 a yearRenewal, October 2018: AED 125,000 a yearNew contract, June 2020: AED 87,000 a yearRenewal, June 2021: AED 85,109 a yearRenewal, June 2022: AED 95,000 a yearNew contract, June 2023: AED 125,000 a yearRenewal, June 2024: AED 128,000 a yearRenewal, June 2024: AED 128,000 a yearRenewal, June 2025: AED 130,000 a yearRenewal, June 2025: AED 130,000 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 5405 sits

All 208 2-beds →

5405 last sold in September 2013 at AED 1,654 per sqft, 7% above what two-beds in Elite Residence were fetching at the time (AED 1,542). 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. 5405's AED 130,000 is in the lower half 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 54th floor

All 697 units in Elite Residence
Value
54011-bedAED 1.23M · Nov 2023
54022-bedAED 2.8M · May 2014
54031-bedAED 1.69M · Dec 2012
54041-bedAED 1.43M · Mar 2023
54061-bedAED 1.29M · Jul 2016
54071-bedAED 1.43M · Jul 2014
54082-bedAED 1.5M · Sep 2013
1–7 of 11

5405, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 17 September 2013 for AED 2,200,000, or AED 1,654 per sqft.
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 130,000 to AED 85,109 in 2021 and recovered to AED 130,000 by June 2025.
  • At AED 130,000 a year the gross yield on the 2013 price is 5.9%, 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 June 2025.

Questions about 5405, Elite Residence

What did unit 5405 last sell for?

AED 2,200,000 on 17 September 2013, sold by the developer: AED 1,654 per sqft for 1,330 sqft. It is the only registered sale of the unit.

What is the rent for unit 5405?

AED 130,000 a year on the contract renewed on 20 June 2025. The previous contract, from June 2025, was AED 130,000; the unit has been rented since October 2013.

How big is unit 5405?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.

What is unit 5405 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 5405, Elite Residence

Starts from the last sale price (AED 2.2M, 17 September 2013). 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 →