1-bed · 801 sqftElite Residence, Dubai Marina · 50th floor · completed 2012

5003, Elite Residence

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5003 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 1.73M26 April 2017
Current rentAED 95K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5003, Elite Residence

What is 5003 worth today?

Last sold for AED 1,725,000 in 2017

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25 May 2025RentedRenewal
AED 95,000/yr12 months · AED 119 per sqft
25 May 2024RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
10 Apr 2023RentedRenewal
AED 82,000/yr12 months · AED 103 per sqft
10 Apr 2022RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
14 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 132 per sqft
26 Apr 2017SoldReady
AED 1,725,000AED 2,152 per sqft
27 Dec 2012SoldReady
AED 1,673,876AED 2,088 per sqft
12 Aug 2009Sold by developerOff-plan
AED 1,673,876AED 2,088 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
50th of 83
Parking
P2-31
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 10,500 /yr
Last sold
AED 1.73M · April 2017

About 5003, Elite Residence

5003 is a one-bedroom apartment of 801 sqft on the 50th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 April 2017 for AED 1,725,000, or AED 2,152 per sqft, 58% above the AED 1,360 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 95,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 10,500 a year.

Sales and rents for 5003 over time

Sales
Unit 5003, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, August 2009: AED 1,673,876 (AED 2,088 per sqft)Sold, December 2012: AED 1,673,876 (AED 2,088 per sqft)Sold, April 2017: AED 1,725,000 (AED 2,152 per sqft)

5003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5003, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500New contract, February 2018: AED 105,000 a yearNew contract, April 2022: AED 77,000 a yearRenewal, April 2023: AED 82,000 a yearNew contract, May 2024: AED 95,000 a yearRenewal, May 2025: AED 95,000 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 5003 sits

All 398 1-beds →

5003 last sold in April 2017 at AED 2,152 per sqft, 58% above what one-beds in Elite Residence were fetching at the time (AED 1,360). Over the last 12 months one-beds sold for AED 1,190,000 to 1,450,000, around AED 1,615 per sqft, and rent for AED 36,725 to 137,000 a year. 5003's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 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. 12 sold in the last 12 months.

Typical price per sqft
AED 1,404 Down 1.7%
Typical sale
AED 1.85M
Typical rent
AED 105K /yr
Typical yield
7.0%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 50th floor

All 697 units in Elite Residence
Value
50011-bedAED 1.38M · Aug 2009
50022-bedAED 1.96M · Aug 2024
50041-bedAED 1.05M · Oct 2022
50052-bedAED 2.4M · Dec 2013
50061-bedAED 1.7M · Aug 2013
50071-bedAED 1.21M · May 2013
50082-bedAED 1.8M · Jan 2024
1–7 of 11

5003, Elite Residence in numbers

  • Sold 3 times: first on 12 August 2009 for AED 1,673,876, last on 26 April 2017 for AED 1,725,000 (AED 2,152 per sqft).
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 77,000 in 2022 and recovered to AED 95,000 by May 2025.
  • At AED 95,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 10,500 a year (AED 13.10 per sqft).
  • One-beds in Elite Residence sold for AED 1,190,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 25 May 2025.

Questions about 5003, Elite Residence

What did unit 5003 last sell for?

AED 1,725,000 on 26 April 2017: AED 2,152 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 1,673,876 in August 2009.

What is the rent for unit 5003?

AED 95,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 95,000; the unit has been rented since February 2018.

How big is unit 5003?

801 sqft (74.4 sqm): a one-bedroom apartment on the 50th floor of a 83-storey tower completed in 2012.

What is unit 5003 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 1,190,000 to 1,450,000 in the last 12 months, around AED 1,615 per sqft.

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Mortgage on 5003, Elite Residence

Starts from the last sale price (AED 1.73M, 26 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

Plus AED 77,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →