5811, Elite Residence
Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5811, Elite Residence
What is 5811 worth today?
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Source: Dubai Land Department. Updated 25 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 58th of 83
- Parking
- B1-73
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.8M · July 2013
- Building
- Elite Residence
About 5811, Elite Residence
5811 is a two-bedroom apartment of 1,331 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 July 2013 for AED 1,800,000, or AED 1,352 per sqft, 10% below the AED 1,503 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 August 2022, is AED 100,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5811 over time
5811 has sold 3 times; 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 5811 sits
All 208 2-beds →5811 last sold in July 2013 at AED 1,352 per sqft, 10% below what two-beds in Elite Residence were fetching at the time (AED 1,503). 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. 5811'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 58th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5801 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · Dec 2012December 2012 | 74,000 /yr | |
| 5802 | 2-bed | 1,331 sqft | AED 1.71MAED 1,707,826 · Dec 2012December 2012 | 140,000 /yr | |
| 5803 | 1-bed | 801 sqft | AED 1.1MAED 1,101,809 · Dec 2012December 2012 | 95,000 /yr | |
| 5804 | 1-bed | 802 sqft | AED 1.1MAED 1,101,809 · Dec 2012December 2012 | 100,000 /yr | |
| 5805 | 2-bed | 1,330 sqft | AED 2.27MAED 2,265,000 · Jun 2013June 2013 | 140,000 /yr | |
| 5806 | 1-bed | 960 sqft | AED 1.23MAED 1,230,000 · Sep 2023September 2023 | 75,000 /yr | |
| 5807 | 1-bed | 959 sqft | AED 1.04MAED 1,040,000 · Jan 2013January 2013 | 77,000 /yr | |
| 5808 | 2-bed | 1,331 sqft | AED 1.68MAED 1,675,786 · Oct 2012October 2012 | 115,622 /yr | |
| 5809 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | 80,000 /yr | |
| 5810 | 1-bed | 737 sqft | AED 1.2MAED 1,200,000 · Mar 2024March 2024 | 57,500 /yr | |
| 5812 | 1-bed | 959 sqft | AED 1.53MAED 1,530,677 · Oct 2026October 2026 | 120,000 /yr |
5811, Elite Residence in numbers
- Sold 3 times: first on 16 May 2012 for AED 1,500,000, last on 28 July 2013 for AED 1,800,000 (AED 1,352 per sqft).
- Rented since December 2013 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2020 and recovered to AED 100,000 by August 2022.
- At AED 100,000 a year the gross yield on the 2013 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 25 August 2022.
Questions about 5811, Elite Residence
What did unit 5811 last sell for?
AED 1,800,000 on 28 July 2013: AED 1,352 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in May 2012.
What is the rent for unit 5811?
AED 100,000 a year on the contract signed on 25 August 2022. The previous contract, from June 2020, was AED 75,000; the unit has been rented since December 2013.
How big is unit 5811?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 58th floor of a 83-storey tower completed in 2012.
What is unit 5811 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 5811, Elite Residence
Starts from the last sale price (AED 1.8M, 28 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →