5903, 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.
Property timeline for 5903, Elite Residence
What is 5903 worth today?
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Source: Dubai Land Department. Updated 27 November 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 59th of 83
- Parking
- B1-16
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.57M · December 2012
- Building
- Elite Residence
About 5903, Elite Residence
5903 is a one-bedroom apartment of 801 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 1,573,604, or AED 1,963 per sqft, 54% above the AED 1,274 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 27 November 2018, is AED 92,500 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 10,500 a year.
Sales and rents for 5903 over time
5903 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 5903 sits
All 416 1-beds →5903 last sold in December 2012 at AED 1,963 per sqft, 54% above what one-beds in Elite Residence were fetching at the time (AED 1,274). 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. 5903's AED 92,500 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 59th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5901 | 1-bed | 960 sqft | AED 1.41MAED 1,414,202 · Dec 2012December 2012 | 92,500 /yr | |
| 5902 | 2-bed | 1,331 sqft | AED 2.56MAED 2,562,656 · Dec 2012December 2012 | 130,000 /yr | |
| 5904 | 1-bed | 802 sqft | AED 1.78MAED 1,775,000 · Dec 2024December 2024 | 60,000 /yr | |
| 5905 | 2-bed | 1,330 sqft | AED 2.1MAED 2,100,000 · Dec 2016December 2016 | 130,000 /yr | |
| 5906 | 1-bed | 960 sqft | AED 1.43MAED 1,430,000 · Sep 2024September 2024 | 85,000 /yr | |
| 5907 | 1-bed | 959 sqft | AED 1.28MAED 1,275,181 · Dec 2012December 2012 | 98,000 /yr | |
| 5908 | 2-bed | 1,331 sqft | AED 1.4MAED 1,400,000 · Feb 2018February 2018 | 110,000 /yr | |
| 5909 | 1-bed | 737 sqft | AED 860KAED 860,000 · Mar 2013March 2013 | 65,000 /yr | |
| 5910 | 1-bed | 737 sqft | AED 1.22MAED 1,223,513 · Dec 2012December 2012 | 82,500 /yr | |
| 5911 | 2-bed | 1,331 sqft | AED 2.07MAED 2,068,501 · Dec 2012December 2012 | 110,000 /yr | |
| 5912 | 1-bed | 960 sqft | AED 1.41MAED 1,414,202 · Dec 2012December 2012 | 50,000 /yr |
5903, Elite Residence in numbers
- Sold twice: first on 13 August 2009 for AED 1,573,604, last on 11 December 2012 for AED 1,573,604 (AED 1,963 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 94,238 to AED 92,500 a year.
- At AED 92,500 a year the gross yield on the 2012 price is 5.9%, 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 27 November 2018.
Questions about 5903, Elite Residence
What did unit 5903 last sell for?
AED 1,573,604 on 11 December 2012: AED 1,963 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 1,573,604 in August 2009.
What is the rent for unit 5903?
AED 92,500 a year on the contract renewed on 27 November 2018. The previous contract, from November 2017, was AED 100,000; the unit has been rented since November 2014.
How big is unit 5903?
801 sqft (74.4 sqm): a one-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.
What is unit 5903 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 5903, Elite Residence
Starts from the last sale price (AED 1.57M, 11 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,573,604
- Deposit, UAE resident (20%)
- AED 314,721
- Deposit, non-resident (40%)
- AED 629,442
- Monthly over 25 years at 3.7%
- AED 6,438
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →