5504, Elite Residence
Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5504, Elite Residence
What is 5504 worth today?
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Source: Dubai Land Department. Updated 12 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 55th of 83
- Parking
- B1-04
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.52M · August 2013
- Building
- Elite Residence
About 5504, Elite Residence
5504 is a one-bedroom apartment of 802 sqft on the 55th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 4 August 2013 for AED 1,520,000, or AED 1,895 per sqft, 37% above the AED 1,384 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 12 July 2025, is AED 90,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 10,500 a year.
Sales and rents for 5504 over time
5504 has sold once; 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 5504 sits
All 398 1-beds →5504 last sold in August 2013 at AED 1,895 per sqft, 37% above what one-beds in Elite Residence were fetching at the time (AED 1,384). 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. 5504's AED 90,000 is in the upper 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 55th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 960 sqft | AED 1.14MAED 1,140,000 · May 2023May 2023 | 60,000 /yr | |
| 5502 | 2-bed | 1,331 sqft | AED 1.9MAED 1,900,000 · May 2023May 2023 | 70,000 /yr | |
| 5503 | 1-bed | 801 sqft | AED 1.6MAED 1,600,000 · Oct 2015October 2015 | 98,000 /yr | |
| 5505 | 2-bed | 1,330 sqft | AED 2MAED 2,000,000 · Nov 2022November 2022 | 75,000 /yr | |
| 5506 | 1-bed | 960 sqft | AED 1.03MAED 1,030,000 · Jul 2022July 2022 | 95,000 /yr | |
| 5507 | 1-bed | 959 sqft | AED 1.28MAED 1,275,000 · Aug 2013August 2013 | 83,000 /yr | |
| 5508 | 2-bed | 1,331 sqft | AED 725KAED 725,000 · Feb 2018February 2018 | 125,000 /yr | |
| 5509 | 1-bed | 737 sqft | AED 1.23MAED 1,230,000 · Jan 2026January 2026 | 100,000 /yr | |
| 5510 | 1-bed | 737 sqft | AED 1.22MAED 1,220,000 · Sep 2013September 2013 | 85,000 /yr | |
| 5511 | 2-bed | 1,331 sqft | AED 1.97MAED 1,970,000 · Sep 2013September 2013 | 110,000 /yr | |
| 5512 | 1-bed | 960 sqft | AED 1.53MAED 1,530,000 · Dec 2014December 2014 | 100,000 /yr |
5504, Elite Residence in numbers
- Sold once: by Tameer Holding Investment on 4 August 2013 for AED 1,520,000, or AED 1,895 per sqft.
- Rented since September 2013 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2018 and recovered to AED 90,000 by July 2025.
- At AED 90,000 a year the gross yield on the 2013 price is 5.9%, before a service charge of about AED 10,500 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 12 July 2025.
Questions about 5504, Elite Residence
What did unit 5504 last sell for?
AED 1,520,000 on 4 August 2013, sold by the developer: AED 1,895 per sqft for 802 sqft. It is the only registered sale of the unit.
What is the rent for unit 5504?
AED 90,000 a year on the contract signed on 12 July 2025. The previous contract, from August 2018, was AED 80,000; the unit has been rented since September 2013.
How big is unit 5504?
802 sqft (74.5 sqm): a one-bedroom apartment on the 55th floor of a 83-storey tower completed in 2012.
What is unit 5504 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 5504, Elite Residence
Starts from the last sale price (AED 1.52M, 4 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,520,000
- Deposit, UAE resident (20%)
- AED 304,000
- Deposit, non-resident (40%)
- AED 608,000
- Monthly over 25 years at 3.7%
- AED 6,219
Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →