1-bed · 737 sqftElite Residence, Dubai Marina · 53rd floor · completed 2012

5309, Elite Residence

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 1.24M3 January 2013
Current rentAED 85K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Elite Residence

What is 5309 worth today?

Last sold for AED 1,236,044 in 2013

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25 Aug 2025RentedRenewal
AED 85,000/yr12 months · AED 115 per sqft
25 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 115 per sqft
31 May 2023RentedRenewal
AED 70,000/yr12 months · AED 96 per sqft
31 May 2022RentedRenewal
AED 64,000/yr12 months · AED 87 per sqft
31 May 2021RentedNew contract
AED 54,000/yr12 months · AED 74 per sqft
3 Jan 2013SoldReady
AED 1,236,044AED 1,677 per sqft
13 Aug 2009Sold by developerOff-plan
AED 1,236,044AED 1,677 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
53rd of 83
Parking
B1-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 9,700 /yr
Last sold
AED 1.24M · January 2013

About 5309, Elite Residence

5309 is a one-bedroom apartment of 737 sqft on the 53rd floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 3 January 2013 for AED 1,236,044, or AED 1,677 per sqft, 22% above the AED 1,372 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 85,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, 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 1,236,044 (AED 1,677 per sqft)Sold, January 2013: AED 1,236,044 (AED 1,677 per sqft)

5309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5309, each contractTypical one-bed in Elite Residence
60K80K100K2012201620202024Typical 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, May 2021: AED 54,000 a yearRenewal, May 2022: AED 64,000 a yearRenewal, May 2023: AED 70,000 a yearNew contract, August 2024: AED 85,000 a yearRenewal, August 2025: AED 85,000 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 5309 sits

All 398 1-beds →

5309 last sold in January 2013 at AED 1,677 per sqft, 22% above what one-beds in Elite Residence were fetching at the time (AED 1,372). 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. 5309's AED 85,000 is in the lower 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 53rd floor

All 697 units in Elite Residence
Value
53011-bedAED 1.2M · Oct 2024
53022-bedAED 1.85M · Nov 2017
53031-bedAED 2.08M · May 2014
53041-bedAED 800K · Aug 2020
53052-bedAED 2.39M · Nov 2013
53061-bedAED 1.5M · Feb 2014
53071-bedAED 1.17M · Nov 2024
1–7 of 11

5309, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 1,236,044, last on 3 January 2013 for AED 1,236,044 (AED 1,677 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 54,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 9,700 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 August 2025.

Questions about 5309, Elite Residence

What did unit 5309 last sell for?

AED 1,236,044 on 3 January 2013: AED 1,677 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,236,044 in August 2009.

What is the rent for unit 5309?

AED 85,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2024, was AED 85,000; the unit has been rented since May 2021.

How big is unit 5309?

737 sqft (68.5 sqm): a one-bedroom apartment on the 53rd floor of a 83-storey tower completed in 2012.

What is unit 5309 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 5309, Elite Residence

Starts from the last sale price (AED 1.24M, 3 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,044
Deposit, UAE resident (20%)
AED 247,209
Deposit, non-resident (40%)
AED 494,418
Monthly over 25 years at 3.7%
AED 5,057

Plus AED 56,924 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →