2-bed · 1,331 sqftElite Residence, Dubai Marina · 59th floor · completed 2012

5902, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5902 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.56M11 December 2012
Current rentAED 130K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5902, Elite Residence

What is 5902 worth today?

Last sold for AED 2,562,656 in 2012

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1 Sep 2026RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
25 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
20 Dec 2015RentedRenewal
AED 138,600/yr12 months · AED 104 per sqft
20 Dec 2014RentedNew contract
AED 132,000/yr12 months · AED 99 per sqft
11 Dec 2012SoldReady
AED 2,562,656AED 1,926 per sqft
13 Aug 2009Sold by developerOff-plan
AED 2,562,656AED 1,926 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
59th of 83
Parking
P1-17
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.56M · December 2012

About 5902, Elite Residence

5902 is a two-bedroom apartment of 1,331 sqft on the 59th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 11 December 2012 for AED 2,562,656, or AED 1,926 per sqft, 73% above the AED 1,115 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 130,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 17,400 a year.

Sales and rents for 5902 over time

Sales
Unit 5902, 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, August 2009: AED 2,562,656 (AED 1,926 per sqft)Sold, December 2012: AED 2,562,656 (AED 1,926 per sqft)

5902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5902, each contractTypical two-bed in Elite Residence
100K150K2012201620202024Typical 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, December 2014: AED 132,000 a yearRenewal, December 2015: AED 138,600 a yearNew contract, February 2019: AED 125,000 a yearNew contract, September 2026: AED 130,000 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 5902 sits

All 208 2-beds →

5902 last sold in December 2012 at AED 1,926 per sqft, 73% above what two-beds in Elite Residence were fetching at the time (AED 1,115). 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. 5902's AED 130,000 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 59th floor

All 697 units in Elite Residence
Value
59011-bedAED 1.41M · Dec 2012
59031-bedAED 1.57M · Dec 2012
59041-bedAED 1.78M · Dec 2024
59052-bedAED 2.1M · Dec 2016
59061-bedAED 1.43M · Sep 2024
59071-bedAED 1.28M · Dec 2012
59082-bedAED 1.4M · Feb 2018
1–7 of 11

5902, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 2,562,656, last on 11 December 2012 for AED 2,562,656 (AED 1,926 per sqft).
  • Rented since December 2014 on 4 Ejari contracts, from AED 132,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2012 price is 5.1%, 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 1 September 2026.

Questions about 5902, Elite Residence

What did unit 5902 last sell for?

AED 2,562,656 on 11 December 2012: AED 1,926 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,562,656 in August 2009.

What is the rent for unit 5902?

AED 130,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2019, was AED 125,000; the unit has been rented since December 2014.

How big is unit 5902?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.

What is unit 5902 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 5902, Elite Residence

Starts from the last sale price (AED 2.56M, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,562,656
Deposit, UAE resident (20%)
AED 512,531
Deposit, non-resident (40%)
AED 1,025,062
Monthly over 25 years at 3.7%
AED 10,485

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