2-bed · 1,331 sqftElite Residence, Dubai Marina · 51st floor · completed 2012

5102, Elite Residence

Sold prices and rental history: sold 5 times, last in February 2024, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5102 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 2M1 February 2024
Current rentAED 220K /yr27 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5102, Elite Residence

What is 5102 worth today?

Last sold for AED 2,000,000 in 2024

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1 Feb 2024SoldReady
AED 2,000,000AED 1,503 per sqft
17 Nov 2020SoldReady
AED 1,200,000AED 901 per sqft
27 Jun 2016RentedNew contract
AED 219,889/yr12 months · AED 165 per sqft
27 Mar 2013SoldReady
AED 1,800,000AED 1,352 per sqft
3 Mar 2013SoldReady
AED 2,773,757AED 2,084 per sqft
10 Aug 2009Sold by developerOff-plan
AED 2,773,757AED 2,084 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
51st of 83
Parking
B2-72
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2M · February 2024

About 5102, Elite Residence

5102 is a two-bedroom apartment of 1,331 sqft on the 51st floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 1 February 2024 for AED 2,000,000, or AED 1,503 per sqft, 11% above the AED 1,352 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2016. The current contract, signed on 27 June 2016, is AED 219,889 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 17,400 a year.

Sales and rents for 5102 over time

Sales
Unit 5102, each saleTypical two-bed in Elite Residence
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, August 2009: AED 2,773,757 (AED 2,084 per sqft)Sold, March 2013: AED 1,800,000 (AED 1,352 per sqft)Sold, March 2013: AED 2,773,757 (AED 2,084 per sqft)Sold, November 2020: AED 1,200,000 (AED 901 per sqft)Sold, February 2024: AED 2,000,000 (AED 1,503 per sqft)

5102 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5102, each contractTypical two-bed in Elite Residence
100K200K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250New contract, June 2016: AED 219,889 a year

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 5102 sits

All 198 2-beds →

5102 last sold in February 2024 at AED 1,503 per sqft, 11% above what two-beds in Elite Residence were fetching at the time (AED 1,352). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 5102's AED 219,889 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-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 51st floor

All 697 units in Elite Residence
Value
51011-bedAED 1.25M · May 2024
51031-bedAED 1.47M · Dec 2012
51041-bedAED 1.5M · Dec 2023
51052-bedAED 2.2M · Dec 2021
51061-bedAED 1.2M · Dec 2024
5107AED 1.08M · Feb 2013
51082-bedAED 2.12M · Mar 2014
1–7 of 11

5102, Elite Residence in numbers

  • Sold 5 times: first on 10 August 2009 for AED 2,773,757, last on 1 February 2024 for AED 2,000,000 (AED 1,503 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 219,889 a year.
  • At AED 219,889 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
  • Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 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 1 February 2024.

Questions about 5102, Elite Residence

What did unit 5102 last sell for?

AED 2,000,000 on 1 February 2024: AED 1,503 per sqft for 1,331 sqft. The unit has 5 registered sales; the first was AED 2,773,757 in August 2009.

What is the rent for unit 5102?

AED 219,889 a year on the contract signed on 27 June 2016.

How big is unit 5102?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 51st floor of a 83-storey tower completed in 2012.

What is unit 5102 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 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 5102, Elite Residence

Starts from the last sale price (AED 2M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →