5402, Elite Residence
Sold prices and rental history: sold twice, last in May 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5402, Elite Residence
What is 5402 worth today?
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Source: Dubai Land Department. Updated 28 May 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 54th of 83
- Parking
- P1-10
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.8M · May 2014
- Building
- Elite Residence
About 5402, Elite Residence
5402 is a two-bedroom apartment of 1,331 sqft on the 54th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 May 2014 for AED 2,800,000, or AED 2,104 per sqft, 40% above the AED 1,503 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 28 May 2017, is AED 140,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5402 over time
5402 has sold twice; 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 5402 sits
All 198 2-beds →5402 last sold in May 2014 at AED 2,104 per sqft, 40% above what two-beds in Elite Residence were fetching at the time (AED 1,503). 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. 5402's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
Elite Residence
Building697 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%
Other units on the 54th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 1-bed | 960 sqft | AED 1.23MAED 1,225,000 · Nov 2023November 2023 | 92,000 /yr | |
| 5403 | 1-bed | 801 sqft | AED 1.69MAED 1,688,990 · Dec 2012December 2012 | 73,500 /yr | |
| 5404 | 1-bed | 802 sqft | AED 1.43MAED 1,425,000 · Mar 2023March 2023 | 115,500 /yr | |
| 5405 | 2-bed | 1,330 sqft | AED 2.2MAED 2,200,000 · Sep 2013September 2013 | 130,000 /yr | |
| 5406 | 1-bed | 960 sqft | AED 1.29MAED 1,285,000 · Jul 2016July 2016 | 60,000 /yr | |
| 5407 | 1-bed | 959 sqft | AED 1.43MAED 1,430,000 · Jul 2014July 2014 | 115,000 /yr | |
| 5408 | 2-bed | 1,331 sqft | AED 1.5MAED 1,500,000 · Sep 2013September 2013 | 125,000 /yr | |
| 5409 | 1-bed | 737 sqft | AED 619KAED 619,408 · Jan 2013January 2013 | 76,000 /yr | |
| 5410 | 1-bed | 737 sqft | AED 1.32MAED 1,320,000 · Mar 2014March 2014 | 60,000 /yr | |
| 5411 | 2-bed | 1,331 sqft | AED 1.02MAED 1,020,000 · Dec 2020December 2020 | 140,000 /yr | |
| 5412 | 960 sqft | AED 1.45MAED 1,450,000 · Sep 2025September 2025 | 105,000 /yr |
5402, Elite Residence in numbers
- Sold twice: first on 2 April 2014 for AED 2,500,000, last on 29 May 2014 for AED 2,800,000 (AED 2,104 per sqft).
- Rented since May 2016 on 2 Ejari contracts, from AED 137,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2014 price is 5.0%, 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 28 May 2017.
Questions about 5402, Elite Residence
What did unit 5402 last sell for?
AED 2,800,000 on 29 May 2014: AED 2,104 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in April 2014.
What is the rent for unit 5402?
AED 140,000 a year on the contract renewed on 28 May 2017. The previous contract, from May 2016, was AED 137,000.
How big is unit 5402?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.
What is unit 5402 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 5402, Elite Residence
Starts from the last sale price (AED 2.8M, 29 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →