5507, Elite Residence
Sold prices and rental history: sold twice, last in August 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 5507, Elite Residence
What is 5507 worth today?
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Source: Dubai Land Department. Updated 22 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 55th of 83
- Parking
- B1-08
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.28M · August 2013
- Building
- Elite Residence
About 5507, Elite Residence
5507 is a one-bedroom apartment of 959 sqft on the 55th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 August 2013 for AED 1,275,000, or AED 1,329 per sqft, 4% below the AED 1,391 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 22 July 2026, is AED 83,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5507 over time
5507 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 5507 sits
All 416 1-beds →5507 last sold in August 2013 at AED 1,329 per sqft, 4% below what one-beds in Elite Residence were fetching at the time (AED 1,391). 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. 5507's AED 83,000 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 55th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 960 sqft | AED 1.14MAED 1,140,000 · May 2023May 2023 | 60,000 /yr | |
| 5502 | 2-bed | 1,331 sqft | AED 1.9MAED 1,900,000 · May 2023May 2023 | 70,000 /yr | |
| 5503 | 1-bed | 801 sqft | AED 1.6MAED 1,600,000 · Oct 2015October 2015 | 98,000 /yr | |
| 5504 | 1-bed | 802 sqft | AED 1.52MAED 1,520,000 · Aug 2013August 2013 | 85,000 /yr | |
| 5505 | 2-bed | 1,330 sqft | AED 2MAED 2,000,000 · Nov 2022November 2022 | 145,000 /yr | |
| 5506 | 1-bed | 960 sqft | AED 1.03MAED 1,030,000 · Jul 2022July 2022 | 72,000 /yr | |
| 5508 | 2-bed | 1,331 sqft | AED 725KAED 725,000 · Feb 2018February 2018 | 125,000 /yr | |
| 5509 | 1-bed | 737 sqft | AED 1.23MAED 1,230,000 · Jan 2026January 2026 | 90,000 /yr | |
| 5510 | 1-bed | 737 sqft | AED 1.22MAED 1,220,000 · Sep 2013September 2013 | 85,000 /yr | |
| 5511 | 2-bed | 1,331 sqft | AED 1.97MAED 1,970,000 · Sep 2013September 2013 | 120,000 /yr | |
| 5512 | 1-bed | 960 sqft | AED 1.53MAED 1,530,000 · Dec 2014December 2014 | 78,000 /yr |
5507, Elite Residence in numbers
- Sold twice: first on 6 August 2013 for AED 1,247,064, last on 20 August 2013 for AED 1,275,000 (AED 1,329 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2020 and recovered to AED 83,000 by July 2026.
- At AED 83,000 a year the gross yield on the 2013 price is 6.5%, 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 22 July 2026.
Questions about 5507, Elite Residence
What did unit 5507 last sell for?
AED 1,275,000 on 20 August 2013: AED 1,329 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,247,064 in August 2013.
What is the rent for unit 5507?
AED 83,000 a year on the contract renewed on 22 July 2026. The previous contract, from July 2025, was AED 83,000; the unit has been rented since September 2013.
How big is unit 5507?
959 sqft (89.1 sqm): a one-bedroom apartment on the 55th floor of a 83-storey tower completed in 2012.
What is unit 5507 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 5507, Elite Residence
Starts from the last sale price (AED 1.28M, 20 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →