5408, Elite Residence
Sold prices and rental history: sold 4 times, last in September 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5408, Elite Residence
What is 5408 worth today?
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Source: Dubai Land Department. Updated 12 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 54th of 83
- Parking
- B1-18
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.5M · September 2013
- Building
- Elite Residence
About 5408, Elite Residence
5408 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 2 September 2013 for AED 1,500,000, or AED 1,127 per sqft, 27% below the AED 1,541 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 12 November 2025, is AED 125,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5408 over time
5408 has sold 4 times; 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 5408 sits
All 198 2-beds →5408 last sold in September 2013 at AED 1,127 per sqft, 27% below what two-beds in Elite Residence were fetching at the time (AED 1,541). 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. 5408's AED 125,000 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 | |
| 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 | |
| 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 | |
| 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 |
5408, Elite Residence in numbers
- Sold 4 times: first on 15 March 2010 for AED 2,094,374, last on 2 September 2013 for AED 1,500,000 (AED 1,127 per sqft).
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2021 and recovered to AED 125,000 by November 2025.
- At AED 125,000 a year the gross yield on the 2013 price is 8.3%, 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 12 November 2025.
Questions about 5408, Elite Residence
What did unit 5408 last sell for?
AED 1,500,000 on 2 September 2013: AED 1,127 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 2,094,374 in March 2010.
What is the rent for unit 5408?
AED 125,000 a year on the contract renewed on 12 November 2025. The previous contract, from November 2024, was AED 135,000; the unit has been rented since December 2017.
How big is unit 5408?
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 5408 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 5408, Elite Residence
Starts from the last sale price (AED 1.5M, 2 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →