1-bed · 960 sqftElite Residence, Dubai Marina · 54th floor · completed 2012

5406, Elite Residence

Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5406 · DLD and Ejari recordsUpdated 6 August 2026
Last soldAED 1.29M13 July 2016
Current rentAED 60K /yr6 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5406, Elite Residence

What is 5406 worth today?

Last sold for AED 1,285,000 in 2016

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6 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 62 per sqft
6 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 62 per sqft
6 Aug 2024RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 42 per sqft
1 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
20 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
20 Jul 2017RentedNew contract
AED 92,000/yr12 months · AED 96 per sqft
13 Jul 2016SoldReady
AED 1,285,000AED 1,338 per sqft

Source: Dubai Land Department. Updated 6 August 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
54th of 83
Parking
B1-02
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.29M · July 2016

About 5406, Elite Residence

5406 is a one-bedroom apartment of 960 sqft on the 54th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 13 July 2016 for AED 1,285,000, or AED 1,338 per sqft, 9% below the AED 1,472 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 6 August 2026, is AED 60,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 5406 over time

Sales
Unit 5406, 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 1,395,936 (AED 1,453 per sqft)Sold, February 2013: AED 1,395,936 (AED 1,453 per sqft)Sold, July 2016: AED 1,285,000 (AED 1,338 per sqft)

5406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5406, 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, July 2016: AED 95,000 a yearNew contract, July 2017: AED 92,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, July 2021: AED 60,000 a yearRenewal, July 2022: AED 40,000 a yearNew contract, August 2024: AED 50,000 a yearRenewal, August 2025: AED 60,000 a yearRenewal, August 2026: AED 60,000 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 5406 sits

All 416 1-beds →

5406 last sold in July 2016 at AED 1,338 per sqft, 9% below what one-beds in Elite Residence were fetching at the time (AED 1,472). 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. 5406's AED 60,000 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 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
54052-bedAED 2.2M · Sep 2013
54071-bedAED 1.43M · Jul 2014
54082-bedAED 1.5M · Sep 2013
1–7 of 11

5406, Elite Residence in numbers

  • Sold 3 times: first on 13 August 2009 for AED 1,395,936, last on 13 July 2016 for AED 1,285,000 (AED 1,338 per sqft).
  • Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2022 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 12,600 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 6 August 2026.

Questions about 5406, Elite Residence

What did unit 5406 last sell for?

AED 1,285,000 on 13 July 2016: AED 1,338 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,395,936 in August 2009.

What is the rent for unit 5406?

AED 60,000 a year on the contract renewed on 6 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since July 2016.

How big is unit 5406?

960 sqft (89.2 sqm): a one-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.

What is unit 5406 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 5406, Elite Residence

Starts from the last sale price (AED 1.29M, 13 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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