5409, Elite Residence
Sold prices and rental history: sold twice, last in January 2013, 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 5409, Elite Residence
What is 5409 worth today?
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Source: Dubai Land Department. Updated 15 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 54th of 83
- Parking
- B1-07
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 619K · January 2013
- Building
- Elite Residence
About 5409, Elite Residence
5409 is a one-bedroom apartment of 737 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 January 2013 for AED 619,408, or AED 840 per sqft, 38% below the AED 1,365 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 76,000 a year: a gross yield of 12.3% on the 2013 price, before the service charge of about AED 9,700 a year.
Sales and rents for 5409 over time
5409 has sold twice; 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 5409 sits
All 416 1-beds →5409 last sold in January 2013 at AED 840 per sqft, 38% below what one-beds in Elite Residence were fetching at the time (AED 1,365). 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. 5409's AED 76,000 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 | |
| 5407 | 1-bed | 959 sqft | AED 1.43MAED 1,430,000 · Jul 2014July 2014 | 95,000 /yr | |
| 5408 | 2-bed | 1,331 sqft | AED 1.5MAED 1,500,000 · Sep 2013September 2013 | 125,000 /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 |
5409, Elite Residence in numbers
- Sold twice: first on 26 August 2009 for AED 1,238,816, last on 13 January 2013 for AED 619,408 (AED 840 per sqft).
- Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 78,035 to AED 45,000 in 2020 and recovered to AED 76,000 by September 2023.
- At AED 76,000 a year the gross yield on the 2013 price is 12.3%, 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 15 September 2023.
Questions about 5409, Elite Residence
What did unit 5409 last sell for?
AED 619,408 on 13 January 2013: AED 840 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,238,816 in August 2009.
What is the rent for unit 5409?
AED 76,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 67,000; the unit has been rented since July 2013.
How big is unit 5409?
737 sqft (68.5 sqm): a one-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.
What is unit 5409 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 5409, Elite Residence
Starts from the last sale price (AED 619K, 13 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 619,408
- Deposit, UAE resident (20%)
- AED 123,882
- Deposit, non-resident (40%)
- AED 247,763
- Monthly over 25 years at 3.7%
- AED 2,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →