5606, Elite Residence
Sold prices and rental history: sold 5 times, last in December 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5606, Elite Residence
What is 5606 worth today?
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Source: Dubai Land Department. Updated 9 January 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 56th of 83
- Parking
- B1-03
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.4M · December 2013
- Building
- Elite Residence
About 5606, Elite Residence
5606 is a one-bedroom apartment of 960 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 19 December 2013 for AED 1,400,000, or AED 1,457 per sqft, 4% above the AED 1,405 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 9 January 2018, is AED 78,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5606 over time
5606 has sold 5 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 5606 sits
All 416 1-beds →5606 last sold in December 2013 at AED 1,457 per sqft, 4% above what one-beds in Elite Residence were fetching at the time (AED 1,405). 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. 5606's AED 78,000 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 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 | |
| 5605 | 2-bed | 1,330 sqft | AED 1.99MAED 1,990,000 · Apr 2017April 2017 | 139,875 /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 |
5606, Elite Residence in numbers
- Sold 5 times: first on 12 June 2012 for AED 1,059,757, last on 19 December 2013 for AED 1,400,000 (AED 1,457 per sqft).
- Rented since August 2013 on 2 Ejari contracts, from AED 85,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2013 price is 5.6%, 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 9 January 2018.
Questions about 5606, Elite Residence
What did unit 5606 last sell for?
AED 1,400,000 on 19 December 2013: AED 1,457 per sqft for 960 sqft. The unit has 5 registered sales; the first was AED 1,059,757 in June 2012.
What is the rent for unit 5606?
AED 78,000 a year on the contract signed on 9 January 2018. The previous contract, from August 2013, was AED 85,000.
How big is unit 5606?
960 sqft (89.2 sqm): a one-bedroom apartment on the 56th floor of a 83-storey tower completed in 2012.
What is unit 5606 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 5606, Elite Residence
Starts from the last sale price (AED 1.4M, 19 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →