5605, Elite Residence
Sold prices and rental history: sold 3 times, last in April 2017, 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 5605, Elite Residence
What is 5605 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,330 sqft
- Floor
- 56th of 83
- Parking
- P1-16
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.99M · April 2017
- Building
- Elite Residence
About 5605, Elite Residence
5605 is a two-bedroom apartment of 1,330 sqft on the 56th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 12 April 2017 for AED 1,990,000, or AED 1,496 per sqft, 11% above the AED 1,352 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 July 2024, is AED 139,875 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5605 over time
5605 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 5605 sits
All 208 2-beds →5605 last sold in April 2017 at AED 1,496 per sqft, 11% above what two-beds in Elite Residence were fetching at the time (AED 1,352). 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. 5605's AED 139,875 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,329 sqft | 2,000,000 | 1,504 | ||
| 2 Sep 20262 September 2026 | 1,330 sqft | 2,270,000 | 1,706 | ||
| 8 Jul 20268 July 2026 | 1,330 sqft | 2,060,000 | 1,548 | ||
| 7 Jul 20267 July 2026 | 1,329 sqft | 1,810,000 | 1,362 |
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 56th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · Dec 2012December 2012 | 125,000 /yr | |
| 5602 | 2-bed | 1,331 sqft | AED 2.05MAED 2,050,000 · Jun 2023June 2023 | 95,000 /yr | |
| 5603 | 1-bed | 801 sqft | AED 1.35MAED 1,350,000 · Jun 2024June 2024 | 70,000 /yr | |
| 5604 | 1-bed | 802 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 104,613 /yr | |
| 5606 | 1-bed | 960 sqft | AED 1.4MAED 1,400,000 · Dec 2013December 2013 | 78,000 /yr | |
| 5607 | 1-bed | 959 sqft | AED 1.29MAED 1,290,000 · Jun 2024June 2024 | 125,000 /yr | |
| 5608 | 2-bed | 1,331 sqft | AED 1.81MAED 1,810,000 · Dec 2024December 2024 | ||
| 5609 | 1-bed | 737 sqft | AED 1.2MAED 1,200,000 · Aug 2013August 2013 | 70,000 /yr | |
| 5610 | 1-bed | 737 sqft | AED 1.5MAED 1,495,000 · Aug 2014August 2014 | 85,000 /yr | |
| 5611 | 2-bed | 1,331 sqft | AED 1.63MAED 1,626,563 · Dec 2012December 2012 | 89,000 /yr | |
| 5612 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · Jan 2013January 2013 | 70,000 /yr |
5605, Elite Residence in numbers
- Sold 3 times: first on 25 March 2012 for AED 1,720,000, last on 12 April 2017 for AED 1,990,000 (AED 1,496 per sqft).
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2021 and recovered to AED 139,875 by July 2024.
- At AED 139,875 a year the gross yield on the 2017 price is 7.0%, 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 1 July 2024.
Questions about 5605, Elite Residence
What did unit 5605 last sell for?
AED 1,990,000 on 12 April 2017: AED 1,496 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 1,720,000 in March 2012.
What is the rent for unit 5605?
AED 139,875 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 139,875; the unit has been rented since May 2013.
How big is unit 5605?
1,330 sqft (123.6 sqm): a two-bedroom apartment on the 56th floor of a 83-storey tower completed in 2012.
What is unit 5605 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 5605, Elite Residence
Starts from the last sale price (AED 1.99M, 12 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,990,000
- Deposit, UAE resident (20%)
- AED 398,000
- Deposit, non-resident (40%)
- AED 796,000
- Monthly over 25 years at 3.7%
- AED 8,142
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →