5407, Elite Residence
Sold prices and rental history: sold 4 times, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5407, Elite Residence
What is 5407 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 54th of 83
- Parking
- P1-61
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.43M · July 2014
- Building
- Elite Residence
About 5407, Elite Residence
5407 is a one-bedroom apartment of 959 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 20 July 2014 for AED 1,430,000, or AED 1,490 per sqft, in line with the AED 1,490 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 87,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5407 over time
5407 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 5407 sits
All 416 1-beds →5407 last sold in July 2014 at AED 1,490 per sqft, in line with what one-beds in Elite Residence were fetching at the time (AED 1,490). 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. 5407's AED 87,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 737 sqft | 1,400,000 | 1,900 | ||
| 2 Nov 20262 November 2026 | 959 sqft | 1,250,000 | 1,303 | ||
| 16 Oct 202616 October 2026 | 737 sqft | 1,160,000 | 1,574 | ||
| 7 Oct 20267 October 2026 | 959 sqft | 1,530,677 | 1,595 |
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 54th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 1-bed | 960 sqft | AED 1.23MAED 1,225,000 · Nov 2023November 2023 | 75,000 /yr | |
| 5402 | 2-bed | 1,331 sqft | AED 2.8MAED 2,800,000 · May 2014May 2014 | 140,000 /yr | |
| 5403 | 1-bed | 801 sqft | AED 1.69MAED 1,688,990 · Dec 2012December 2012 | 73,500 /yr | |
| 5404 | 1-bed | 802 sqft | AED 1.43MAED 1,425,000 · Mar 2023March 2023 | 120,000 /yr | |
| 5405 | 2-bed | 1,330 sqft | AED 2.2MAED 2,200,000 · Sep 2013September 2013 | 130,000 /yr | |
| 5406 | 1-bed | 960 sqft | AED 1.29MAED 1,285,000 · Jul 2016July 2016 | 60,000 /yr | |
| 5408 | 2-bed | 1,331 sqft | AED 1.5MAED 1,500,000 · Sep 2013September 2013 | 125,000 /yr | |
| 5409 | 1-bed | 737 sqft | AED 619KAED 619,408 · Jan 2013January 2013 | 76,000 /yr | |
| 5410 | 1-bed | 737 sqft | AED 1.32MAED 1,320,000 · Mar 2014March 2014 | 75,000 /yr | |
| 5411 | 2-bed | 1,331 sqft | AED 1.02MAED 1,020,000 · Dec 2020December 2020 | 140,000 /yr | |
| 5412 | 1-bed | 959 sqft | AED 1.45MAED 1,450,000 · Sep 2025September 2025 | 105,000 /yr |
5407, Elite Residence in numbers
- Sold 4 times: first on 11 June 2012 for AED 1,050,673, last on 20 July 2014 for AED 1,430,000 (AED 1,490 per sqft).
- Rented since October 2014 on 13 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2020 and recovered to AED 87,000 by July 2026.
- At AED 87,000 a year the gross yield on the 2014 price is 6.1%, 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 15 July 2026.
Questions about 5407, Elite Residence
What did unit 5407 last sell for?
AED 1,430,000 on 20 July 2014: AED 1,490 per sqft for 959 sqft. The unit has 4 registered sales; the first was AED 1,050,673 in June 2012.
What is the rent for unit 5407?
AED 87,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2026, was AED 95,000; the unit has been rented since October 2014.
How big is unit 5407?
959 sqft (89.1 sqm): a one-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.
What is unit 5407 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 5407, Elite Residence
Starts from the last sale price (AED 1.43M, 20 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,430,000
- Deposit, UAE resident (20%)
- AED 286,000
- Deposit, non-resident (40%)
- AED 572,000
- Monthly over 25 years at 3.7%
- AED 5,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →