1-bed · 802 sqftElite Residence, Dubai Marina · 59th floor · completed 2012

5904, Elite Residence

Sold prices and rental history: sold 6 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5904 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 1.78M11 December 2024
Current rentAED 60K /yr10 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5904, Elite Residence

What is 5904 worth today?

Last sold for AED 1,775,000 in 2024

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11 Dec 2024SoldReady
AED 1,775,000AED 2,213 per sqft
24 May 2021SoldReady
AED 1,000,000AED 1,247 per sqft
10 Nov 2020RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
10 Oct 2019RentedRenewal
AED 60,000/yr13 months · AED 74 per sqft
10 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
10 Aug 2017RentedRenewal
AED 110,000/yr12 months · AED 136 per sqft
10 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 136 per sqft
5 Jun 2016SoldReady
AED 1,450,000AED 1,808 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
59th of 83
Parking
B1-58
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.78M · December 2024

About 5904, Elite Residence

5904 is a one-bedroom apartment of 802 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 2024 for AED 1,775,000, or AED 2,213 per sqft, 48% above the AED 1,493 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 November 2020, is AED 60,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 5904 over time

Sales
Unit 5904, each saleTypical one-bed in Elite Residence
01M2M2009201420192024Typical 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, March 2012: AED 126,000 (AED 157 per sqft)Sold, December 2012: AED 1,126,000 (AED 1,404 per sqft)Sold, July 2014: AED 1,700,000 (AED 2,119 per sqft)Sold, June 2016: AED 1,450,000 (AED 1,808 per sqft)Sold, May 2021: AED 1,000,000 (AED 1,247 per sqft)Sold, December 2024: AED 1,775,000 (AED 2,213 per sqft)

5904 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5904, each contractTypical one-bed in Elite Residence
50K100K2012201620202024Typical 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, June 2015: AED 117,000 a yearNew contract, August 2016: AED 110,000 a yearRenewal, August 2017: AED 110,000 a yearNew contract, October 2018: AED 80,000 a yearRenewal, October 2019: AED 60,000 a yearRenewal, November 2020: AED 60,000 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 5904 sits

All 416 1-beds →

5904 last sold in December 2024 at AED 2,213 per sqft, 48% above what one-beds in Elite Residence were fetching at the time (AED 1,493). 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. 5904's AED 60,000 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 59th floor

All 697 units in Elite Residence
Value
59011-bedAED 1.41M · Dec 2012
59022-bedAED 2.56M · Dec 2012
59031-bedAED 1.57M · Dec 2012
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

5904, Elite Residence in numbers

  • Sold 6 times: first on 25 March 2012 for AED 126,000, last on 11 December 2024 for AED 1,775,000 (AED 2,213 per sqft).
  • Rented since June 2015 on 6 Ejari contracts, from AED 117,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 3.4%, 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 11 December 2024.

Questions about 5904, Elite Residence

What did unit 5904 last sell for?

AED 1,775,000 on 11 December 2024: AED 2,213 per sqft for 802 sqft. The unit has 6 registered sales; the first was AED 126,000 in March 2012.

What is the rent for unit 5904?

AED 60,000 a year on the contract renewed on 10 November 2020. The previous contract, from October 2019, was AED 60,000; the unit has been rented since June 2015.

How big is unit 5904?

802 sqft (74.5 sqm): a one-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.

What is unit 5904 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 5904, Elite Residence

Starts from the last sale price (AED 1.78M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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