1-bed · 737 sqftElite Residence, Dubai Marina · 56th floor · completed 2012

5609, Elite Residence

Sold prices and rental history: sold 4 times, 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.

Unit 5609 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 1.2M18 August 2013
Current rentAED 70K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5609, Elite Residence

What is 5609 worth today?

Last sold for AED 1,200,000 in 2013

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10 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
1 Sep 2024RentedNew contract
AED 100,000/yr12 months · AED 137 per sqft
14 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
2 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 75 per sqft
1 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
10 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 82 per sqft
24 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
21 Dec 2015RentedRenewal
AED 110,000/yr12 months · AED 150 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
56th of 83
Parking
P1-63
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.2M · August 2013

About 5609, Elite Residence

5609 is a one-bedroom apartment of 737 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 18 August 2013 for AED 1,200,000, or AED 1,628 per sqft, 17% above the AED 1,391 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 September 2026, is AED 70,000 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for 5609 over time

Sales
Unit 5609, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,331,420; 2010 AED 1,311,618; 2011 AED 864,286; 2012 AED 1,236,138; 2013 AED 1,234,659; 2014 AED 1,440,000; 2015 AED 1,162,500; 2016 AED 1,252,011; 2017 AED 1,180,000; 2018 AED 1,070,000; 2019 AED 850,000; 2020 AED 750,000; 2021 AED 750,000; 2022 AED 980,000; 2023 AED 1,172,344; 2024 AED 1,285,000; 2025 AED 1,312,500; 2026 AED 1,240,000Sold by developer, June 2012: AED 862,103 (AED 1,170 per sqft)Sold, December 2012: AED 862,103 (AED 1,170 per sqft)Sold, June 2013: AED 990,000 (AED 1,343 per sqft)Sold, August 2013: AED 1,200,000 (AED 1,628 per sqft)

5609 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5609, each contractTypical one-bed in Elite Residence
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 91,042; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,750; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 82,000New contract, September 2013: AED 84,765 a yearNew contract, December 2014: AED 110,000 a yearRenewal, December 2015: AED 110,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, November 2020: AED 45,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, December 2022: AED 75,000 a yearNew contract, September 2024: AED 100,000 a yearNew contract, September 2026: AED 70,000 a year

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 5609 sits

All 416 1-beds →

5609 last sold in August 2013 at AED 1,628 per sqft, 17% above 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. 5609's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,400,000
2 Nov 20261,250,000
16 Oct 20261,160,000
7 Oct 20261,530,677
20 1-bed sales in the last 12 months

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 56th floor

All 697 units in Elite Residence
Value
56011-bedAED 1.15M · Dec 2012
56022-bedAED 2.05M · Jun 2023
56031-bedAED 1.35M · Jun 2024
56041-bedAED 1.4M · Jul 2024
56052-bedAED 1.99M · Apr 2017
56061-bedAED 1.4M · Dec 2013
56071-bedAED 1.29M · Jun 2024
1–7 of 11

5609, Elite Residence in numbers

  • Sold 4 times: first on 12 June 2012 for AED 862,103, last on 18 August 2013 for AED 1,200,000 (AED 1,628 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 84,765 to AED 45,000 in 2020 and recovered to AED 70,000 by September 2026.
  • At AED 70,000 a year the gross yield on the 2013 price is 5.8%, 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 10 September 2026.

Questions about 5609, Elite Residence

What did unit 5609 last sell for?

AED 1,200,000 on 18 August 2013: AED 1,628 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 862,103 in June 2012.

What is the rent for unit 5609?

AED 70,000 a year on the contract signed on 10 September 2026. The previous contract, from September 2024, was AED 100,000; the unit has been rented since September 2013.

How big is unit 5609?

737 sqft (68.5 sqm): a one-bedroom apartment on the 56th floor of a 83-storey tower completed in 2012.

What is unit 5609 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 5609, Elite Residence

Starts from the last sale price (AED 1.2M, 18 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →