5908, Elite Residence
Sold prices and rental history: sold 4 times, last in February 2018, and rented once, from April 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5908, Elite Residence
What is 5908 worth today?
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Source: Dubai Land Department. Updated 10 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 59th of 83
- Parking
- P1-22
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.4M · February 2018
- Building
- Elite Residence
About 5908, Elite Residence
5908 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 21 February 2018 for AED 1,400,000, or AED 1,052 per sqft, 12% below the AED 1,202 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 April 2018. The current contract, signed on 10 April 2018, is AED 110,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5908 over time
5908 has sold 4 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 5908 sits
All 208 2-beds →5908 last sold in February 2018 at AED 1,052 per sqft, 12% below what two-beds in Elite Residence were fetching at the time (AED 1,202). 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. 5908's AED 110,000 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 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 | |
| 5903 | 1-bed | 801 sqft | AED 1.57MAED 1,573,604 · Dec 2012December 2012 | 92,500 /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 | |
| 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 |
5908, Elite Residence in numbers
- Sold 4 times: first on 11 June 2012 for AED 1,624,543, last on 21 February 2018 for AED 1,400,000 (AED 1,052 per sqft).
- Rented since April 2018 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2018 price is 7.9%, 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 10 April 2018.
Questions about 5908, Elite Residence
What did unit 5908 last sell for?
AED 1,400,000 on 21 February 2018: AED 1,052 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 1,624,543 in June 2012.
What is the rent for unit 5908?
AED 110,000 a year on the contract signed on 10 April 2018.
How big is unit 5908?
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 5908 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 5908, Elite Residence
Starts from the last sale price (AED 1.4M, 21 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →