1-bed · 960 sqftElite Residence, Dubai Marina · 59th floor · completed 2012

5912, 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 5912 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 1.41M11 December 2012
Current rentAED 50K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5912, Elite Residence

What is 5912 worth today?

Last sold for AED 1,414,202 in 2012

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1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
2 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
2 Feb 2019RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
1 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
1 Feb 2017RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Feb 2016RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
1 Feb 2015RentedRenewal
AED 84,000/yr12 months · AED 88 per sqft
1 Feb 2014RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
59th of 83
Parking
B1-72
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.41M · December 2012

About 5912, Elite Residence

5912 is a one-bedroom apartment of 960 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 1,414,202, or AED 1,473 per sqft, 16% above the AED 1,274 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 February 2021, is AED 50,000 a year: a gross yield of 3.5% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 5912 over time

Sales
Unit 5912, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical 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, August 2009: AED 1,414,202 (AED 1,473 per sqft)Sold, December 2012: AED 1,414,202 (AED 1,473 per sqft)

5912 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5912, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical 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, February 2014: AED 80,000 a yearRenewal, February 2015: AED 84,000 a yearRenewal, February 2016: AED 95,000 a yearRenewal, February 2017: AED 95,000 a yearNew contract, February 2018: AED 95,000 a yearRenewal, February 2019: AED 90,000 a yearRenewal, February 2020: AED 80,000 a yearNew contract, February 2021: AED 50,000 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 5912 sits

All 416 1-beds →

5912 last sold in December 2012 at AED 1,473 per sqft, 16% 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. 5912's AED 50,000 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
59041-bedAED 1.78M · Dec 2024
59052-bedAED 2.1M · Dec 2016
59061-bedAED 1.43M · Sep 2024
59071-bedAED 1.28M · Dec 2012
1–7 of 11

5912, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 1,414,202, last on 11 December 2012 for AED 1,414,202 (AED 1,473 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2012 price is 3.5%, before a service charge of about AED 12,600 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 1 February 2021.

Questions about 5912, Elite Residence

What did unit 5912 last sell for?

AED 1,414,202 on 11 December 2012: AED 1,473 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,414,202 in August 2009.

What is the rent for unit 5912?

AED 50,000 a year on the contract signed on 1 February 2021. The previous contract, from February 2020, was AED 80,000; the unit has been rented since February 2014.

How big is unit 5912?

960 sqft (89.2 sqm): a one-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.

What is unit 5912 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 5912, Elite Residence

Starts from the last sale price (AED 1.41M, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,414,202
Deposit, UAE resident (20%)
AED 282,840
Deposit, non-resident (40%)
AED 565,681
Monthly over 25 years at 3.7%
AED 5,786

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