5406, Elite Residence
Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5406, Elite Residence
What is 5406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 54th of 83
- Parking
- B1-02
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.29M · July 2016
- Building
- Elite Residence
About 5406, Elite Residence
5406 is a one-bedroom apartment of 960 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 13 July 2016 for AED 1,285,000, or AED 1,338 per sqft, 10% below the AED 1,490 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 6 August 2025, is AED 60,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5406 over time
5406 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5406 sits
All 398 1-beds →5406 last sold in July 2016 at AED 1,338 per sqft, 10% below what one-beds in Elite Residence were fetching at the time (AED 1,490). 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. 5406's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 737 sqft | 1,190,000 | 1,615 | ||
| 9 Jan 20269 January 2026 | 737 sqft | 1,230,000 | 1,669 | ||
| 6 Jan 20266 January 2026 | 960 sqft | 1,346,497 | 1,403 | ||
| 19 Dec 202519 December 2025 | 960 sqft | 1,450,000 | 1,511 |
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 | |
| 5402 | 2-bed | 1,331 sqft | AED 2.8MAED 2,800,000 · May 2014May 2014 | 140,000 /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 | |
| 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 |
5406, Elite Residence in numbers
- Sold 3 times: first on 13 August 2009 for AED 1,395,936, last on 13 July 2016 for AED 1,285,000 (AED 1,338 per sqft).
- Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2022 and recovered to AED 60,000 by August 2025.
- At AED 60,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).
- One-beds in Elite Residence sold for AED 1,190,000–1,450,000 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 6 August 2025.
Questions about 5406, Elite Residence
What did unit 5406 last sell for?
AED 1,285,000 on 13 July 2016: AED 1,338 per sqft for 960 sqft. The unit has 3 registered sales; the first was AED 1,395,936 in August 2009.
What is the rent for unit 5406?
AED 60,000 a year on the contract renewed on 6 August 2025. The previous contract, from August 2024, was AED 50,000; the unit has been rented since July 2016.
How big is unit 5406?
960 sqft (89.2 sqm): a one-bedroom apartment on the 54th floor of a 83-storey tower completed in 2012.
What is unit 5406 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.
Selling 5406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5406, Elite Residence
Starts from the last sale price (AED 1.29M, 13 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,000
- Deposit, UAE resident (20%)
- AED 257,000
- Deposit, non-resident (40%)
- AED 514,000
- Monthly over 25 years at 3.7%
- AED 5,257
Plus AED 58,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →