2-bed · 1,330 sqftElite Residence, Dubai Marina · 57th floor · completed 2012

5705, Elite Residence

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5705 · DLD and Ejari recordsUpdated 11 March 2025
Last soldAED 2.25M11 March 2025
Current rentAED 126K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5705, Elite Residence

What is 5705 worth today?

Last sold for AED 2,250,000 in 2025

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11 Mar 2025SoldReady
AED 2,250,000AED 1,691 per sqft
25 Nov 2024RentedRenewal
AED 126,000/yr6 months · AED 94 per sqft
25 Nov 2024RentedRenewal
AED 126,000/yr6 months · AED 94 per sqft
25 Nov 2023RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
25 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
12 Jul 2016SoldReady
AED 2,100,000AED 1,578 per sqft
7 Jun 2016Sold by developerReady
AED 1,462,989AED 1,099 per sqft

Source: Dubai Land Department. Updated 11 March 2025.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
57th of 83
Parking
P1-12
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.25M · March 2025

About 5705, Elite Residence

5705 is a two-bedroom apartment of 1,330 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 11 March 2025 for AED 2,250,000, or AED 1,691 per sqft, 19% above the AED 1,427 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 126,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 17,400 a year.

Sales and rents for 5705 over time

Sales
Unit 5705, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,312; 2010 AED 2,337,716; 2012 AED 1,707,826; 2013 AED 1,933,754; 2014 AED 2,223,814; 2015 AED 1,625,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,100,000; 2022 AED 1,495,000; 2023 AED 1,645,000; 2024 AED 1,900,000; 2025 AED 1,850,000; 2026 AED 1,925,000Sold by developer, June 2016: AED 1,462,989 (AED 1,099 per sqft)Sold, July 2016: AED 2,100,000 (AED 1,578 per sqft)Sold, March 2025: AED 2,250,000 (AED 1,691 per sqft)

5705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5705, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 131,250; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 76,500; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, November 2022: AED 120,000 a yearRenewal, November 2023: AED 120,000 a yearRenewal, November 2024: AED 126,000 a yearRenewal, November 2024: AED 126,000 a year

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 5705 sits

All 208 2-beds →

5705 last sold in March 2025 at AED 1,691 per sqft, 19% above what two-beds in Elite Residence were fetching at the time (AED 1,427). 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. 5705's AED 126,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,000,000
2 Sep 20262,270,000
8 Jul 20262,060,000
7 Jul 20261,810,000
14 2-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
57031-bedAED 1.45M · Jun 2016
57041-bedAED 1.45M · Jun 2016
57061-bedAED 1.3M · Jul 2016
57071-bedAED 1.3M · Jul 2016
57082-bedAED 1.65M · Jul 2016
1–7 of 11

5705, Elite Residence in numbers

  • Sold 3 times: first on 7 June 2016 for AED 1,462,989, last on 11 March 2025 for AED 2,250,000 (AED 1,691 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2025 price is 5.6%, 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 11 March 2025.

Questions about 5705, Elite Residence

What did unit 5705 last sell for?

AED 2,250,000 on 11 March 2025: AED 1,691 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 1,462,989 in June 2016.

What is the rent for unit 5705?

AED 126,000 a year on the contract renewed on 25 November 2024. The previous contract, from November 2024, was AED 126,000; the unit has been rented since November 2022.

How big is unit 5705?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.

What is unit 5705 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 5705, Elite Residence

Starts from the last sale price (AED 2.25M, 11 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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