1-bed · 801 sqftElite Residence, Dubai Marina · 57th floor · completed 2012

5703, Elite Residence

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5703 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.45M9 June 2016
Current rentAED 100K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5703, Elite Residence

What is 5703 worth today?

Last sold for AED 1,450,000 in 2016

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1 Oct 2025RentedRenewal
AED 100,000/yr12 months · AED 126 per sqft
1 Oct 2024RentedNew contract
AED 100,000/yr12 months · AED 126 per sqft
1 Oct 2024RentedNew contract
AED 100,000/yr12 months · AED 126 per sqft
15 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
1 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
1 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
9 Jun 2016Sold by developerReady
AED 1,450,000AED 1,809 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
57th of 83
Parking
B1-61
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.45M · June 2016

About 5703, Elite Residence

5703 is a one-bedroom apartment of 801 sqft on the 57th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 9 June 2016 for AED 1,450,000, or AED 1,809 per sqft, 30% above the AED 1,388 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 100,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 5703 over time

Sales
Unit 5703, 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 2016: AED 1,450,000 (AED 1,809 per sqft)

5703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5703, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, August 2016: AED 110,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, October 2024: AED 100,000 a yearNew contract, October 2024: AED 100,000 a yearRenewal, October 2025: AED 100,000 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 5703 sits

All 416 1-beds →

5703 last sold in June 2016 at AED 1,809 per sqft, 30% above what one-beds in Elite Residence were fetching at the time (AED 1,388). 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. 5703's AED 100,000 is in the upper 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 57th floor

All 697 units in Elite Residence
Value
57011-bedAED 1.3M · Jun 2016
57022-bedAED 2.1M · Jun 2016
57041-bedAED 1.45M · Jun 2016
57052-bedAED 2.25M · Mar 2025
57061-bedAED 1.3M · Jul 2016
57071-bedAED 1.3M · Jul 2016
57082-bedAED 1.65M · Jul 2016
1–7 of 11

5703, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 9 June 2016 for AED 1,450,000, or AED 1,809 per sqft.
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2018 and recovered to AED 100,000 by October 2025.
  • At AED 100,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 10,500 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 1 October 2025.

Questions about 5703, Elite Residence

What did unit 5703 last sell for?

AED 1,450,000 on 9 June 2016, sold by the developer: AED 1,809 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 5703?

AED 100,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 100,000; the unit has been rented since August 2016.

How big is unit 5703?

801 sqft (74.4 sqm): a one-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.

What is unit 5703 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 5703, Elite Residence

Starts from the last sale price (AED 1.45M, 9 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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