5702, Elite Residence
Sold prices and rental history: sold twice, last in June 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5702, Elite Residence
What is 5702 worth today?
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Source: Dubai Land Department. Updated 1 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 57th of 83
- Parking
- P1-15
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.1M · June 2016
- Building
- Elite Residence
About 5702, Elite Residence
5702 is a two-bedroom apartment of 1,331 sqft on the 57th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 23 June 2016 for AED 2,100,000, or AED 1,578 per sqft, 29% above the AED 1,222 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 December 2021, is AED 100,000 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5702 over time
5702 has sold twice; 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 5702 sits
All 208 2-beds →5702 last sold in June 2016 at AED 1,578 per sqft, 29% above what two-beds in Elite Residence were fetching at the time (AED 1,222). 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. 5702's AED 100,000 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 57th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2016June 2016 | 80,000 /yr | |
| 5703 | 1-bed | 801 sqft | AED 1.45MAED 1,450,000 · Jun 2016June 2016 | 100,000 /yr | |
| 5704 | 1-bed | 802 sqft | AED 1.45MAED 1,450,000 · Jun 2016June 2016 | 96,600 /yr | |
| 5705 | 2-bed | 1,330 sqft | AED 2.25MAED 2,250,000 · Mar 2025March 2025 | 126,000 /yr | |
| 5706 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jul 2016July 2016 | 68,000 /yr | |
| 5707 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · Jul 2016July 2016 | 89,250 /yr | |
| 5708 | 2-bed | 1,331 sqft | AED 1.65MAED 1,650,000 · Jul 2016July 2016 | 137,500 /yr | |
| 5709 | 1-bed | 737 sqft | AED 1.33MAED 1,325,000 · Jul 2026July 2026 | 103,000 /yr | |
| 5710 | 1-bed | 737 sqft | AED 1.27MAED 1,272,000 · Oct 2025October 2025 | 87,000 /yr | |
| 5711 | 2-bed | 1,331 sqft | AED 1.63MAED 1,630,000 · Jun 2016June 2016 | 119,668 /yr | |
| 5712 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2016June 2016 | 12,000 /yr |
5702, Elite Residence in numbers
- Sold twice: first on 6 June 2016 for AED 1,463,583, last on 23 June 2016 for AED 2,100,000 (AED 1,578 per sqft).
- Rented since February 2020 on 3 Ejari contracts. The rent fell from AED 85,000 to AED 72,194 in 2020 and recovered to AED 100,000 by December 2021.
- At AED 100,000 a year the gross yield on the 2016 price is 4.8%, 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 December 2021.
Questions about 5702, Elite Residence
What did unit 5702 last sell for?
AED 2,100,000 on 23 June 2016: AED 1,578 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 1,463,583 in June 2016.
What is the rent for unit 5702?
AED 100,000 a year on the contract signed on 1 December 2021. The previous contract, from November 2020, was AED 72,194; the unit has been rented since February 2020.
How big is unit 5702?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.
What is unit 5702 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 5702, Elite Residence
Starts from the last sale price (AED 2.1M, 23 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →