5704, Elite Residence
Sold prices and rental history: sold twice, last 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.
Property timeline for 5704, Elite Residence
What is 5704 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 57th of 83
- Parking
- P1-58
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.45M · June 2016
- Building
- Elite Residence
About 5704, Elite Residence
5704 is a one-bedroom apartment of 802 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 14 June 2016 for AED 1,450,000, or AED 1,808 per sqft, 29% above the AED 1,406 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 96,600 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 10,500 a year.
Sales and rents for 5704 over time
5704 has sold twice; 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 5704 sits
All 416 1-beds →5704 last sold in June 2016 at AED 1,808 per sqft, 29% above what one-beds in Elite Residence were fetching at the time (AED 1,406). 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. 5704's AED 96,600 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 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 | |
| 5702 | 2-bed | 1,331 sqft | AED 2.1MAED 2,100,000 · Jun 2016June 2016 | 100,000 /yr | |
| 5703 | 1-bed | 801 sqft | AED 1.45MAED 1,450,000 · Jun 2016June 2016 | 100,000 /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 |
5704, Elite Residence in numbers
- Sold twice: first on 8 June 2016 for AED 882,101, last on 14 June 2016 for AED 1,450,000 (AED 1,808 per sqft).
- Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 96,600 by November 2024.
- At AED 96,600 a year the gross yield on the 2016 price is 6.7%, 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 November 2024.
Questions about 5704, Elite Residence
What did unit 5704 last sell for?
AED 1,450,000 on 14 June 2016: AED 1,808 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 882,101 in June 2016.
What is the rent for unit 5704?
AED 96,600 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 92,000; the unit has been rented since September 2016.
How big is unit 5704?
802 sqft (74.5 sqm): a one-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.
What is unit 5704 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 5704, Elite Residence
Starts from the last sale price (AED 1.45M, 14 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 →