1-bed · 737 sqftElite Residence, Dubai Marina · 58th floor · completed 2012

5810, Elite Residence

Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5810 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.2M28 March 2024
Current rentAED 58K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5810, Elite Residence

What is 5810 worth today?

Last sold for AED 1,200,000 in 2024

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28 Mar 2024SoldReady
AED 1,200,000AED 1,628 per sqft
1 Sep 2022RentedRenewal
AED 57,500/yr12 months · AED 79 per sqft
1 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
12 Jan 2021RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft
12 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 82 per sqft
12 Jan 2019RentedRenewal
AED 70,000/yr12 months · AED 96 per sqft
12 Jan 2018RentedRenewal
AED 84,000/yr12 months · AED 115 per sqft
12 Jan 2017RentedRenewal
AED 90,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
58th of 83
Parking
B1-19
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.2M · March 2024

About 5810, Elite Residence

5810 is a one-bedroom apartment of 737 sqft on the 58th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 28 March 2024 for AED 1,200,000, or AED 1,628 per sqft, 14% above the AED 1,433 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 57,500 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for 5810 over time

Sales
Unit 5810, 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 869,493 (AED 1,180 per sqft)Sold, December 2012: AED 869,493 (AED 1,180 per sqft)Sold, February 2013: AED 875,000 (AED 1,187 per sqft)Sold, October 2014: AED 1,380,000 (AED 1,873 per sqft)Sold, March 2024: AED 1,200,000 (AED 1,628 per sqft)

5810 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5810, 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, January 2015: AED 90,000 a yearRenewal, January 2016: AED 90,000 a yearRenewal, January 2017: AED 90,000 a yearRenewal, January 2018: AED 84,000 a yearRenewal, January 2019: AED 70,000 a yearRenewal, January 2020: AED 60,000 a yearRenewal, January 2021: AED 50,000 a yearNew contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 57,500 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 5810 sits

All 416 1-beds →

5810 last sold in March 2024 at AED 1,628 per sqft, 14% above what one-beds in Elite Residence were fetching at the time (AED 1,433). 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. 5810's AED 57,500 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 58th floor

All 697 units in Elite Residence
Value
58011-bedAED 1.15M · Dec 2012
58022-bedAED 1.71M · Dec 2012
58031-bedAED 1.1M · Dec 2012
58041-bedAED 1.1M · Dec 2012
58052-bedAED 2.27M · Jun 2013
58061-bedAED 1.23M · Sep 2023
58071-bedAED 1.04M · Jan 2013
1–7 of 11

5810, Elite Residence in numbers

  • Sold 5 times: first on 12 June 2012 for AED 869,493, last on 28 March 2024 for AED 1,200,000 (AED 1,628 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 57,500 by September 2022.
  • At AED 57,500 a year the gross yield on the 2024 price is 4.8%, 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 28 March 2024.

Questions about 5810, Elite Residence

What did unit 5810 last sell for?

AED 1,200,000 on 28 March 2024: AED 1,628 per sqft for 737 sqft. The unit has 5 registered sales; the first was AED 869,493 in June 2012.

What is the rent for unit 5810?

AED 57,500 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 50,000; the unit has been rented since January 2015.

How big is unit 5810?

737 sqft (68.5 sqm): a one-bedroom apartment on the 58th floor of a 83-storey tower completed in 2012.

What is unit 5810 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 5810, Elite Residence

Starts from the last sale price (AED 1.2M, 28 March 2024). 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 →