5609, Elite Residence
Sold prices and rental history: sold 4 times, last 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 5609, Elite Residence
What is 5609 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 56th of 83
- Parking
- P1-63
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.2M · August 2013
- Building
- Elite Residence
About 5609, Elite Residence
5609 is a one-bedroom apartment of 737 sqft on the 56th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 August 2013 for AED 1,200,000, or AED 1,628 per sqft, 17% above the AED 1,393 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 September 2024, is AED 100,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 9,700 a year.
Sales and rents for 5609 over time
5609 has sold 4 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 5609 sits
All 398 1-beds →5609 last sold in August 2013 at AED 1,628 per sqft, 17% above what one-beds in Elite Residence were fetching at the time (AED 1,393). 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. 5609's AED 100,000 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 56th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · Dec 2012December 2012 | 95,000 /yr | |
| 5602 | 2-bed | 1,331 sqft | AED 2.05MAED 2,050,000 · Jun 2023June 2023 | 95,000 /yr | |
| 5603 | 1-bed | 801 sqft | AED 1.35MAED 1,350,000 · Jun 2024June 2024 | 84,000 /yr | |
| 5604 | 1-bed | 802 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 105,000 /yr | |
| 5605 | 2-bed | 1,330 sqft | AED 1.99MAED 1,990,000 · Apr 2017April 2017 | 139,875 /yr | |
| 5606 | 1-bed | 960 sqft | AED 1.4MAED 1,400,000 · Dec 2013December 2013 | 78,000 /yr | |
| 5607 | 1-bed | 959 sqft | AED 1.29MAED 1,290,000 · Jun 2024June 2024 | 125,000 /yr | |
| 5608 | 2-bed | 1,331 sqft | AED 1.81MAED 1,810,000 · Dec 2024December 2024 | ||
| 5610 | 1-bed | 737 sqft | AED 1.5MAED 1,495,000 · Aug 2014August 2014 | 85,000 /yr | |
| 5611 | 2-bed | 1,331 sqft | AED 1.63MAED 1,626,563 · Dec 2012December 2012 | 89,000 /yr | |
| 5612 | 960 sqft | AED 1.15MAED 1,150,000 · Jan 2013January 2013 | 90,000 /yr |
5609, Elite Residence in numbers
- Sold 4 times: first on 12 June 2012 for AED 862,103, last on 18 August 2013 for AED 1,200,000 (AED 1,628 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 84,765 to AED 45,000 in 2020 and recovered to AED 100,000 by September 2024.
- At AED 100,000 a year the gross yield on the 2013 price is 8.3%, 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 1 September 2024.
Questions about 5609, Elite Residence
What did unit 5609 last sell for?
AED 1,200,000 on 18 August 2013: AED 1,628 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 862,103 in June 2012.
What is the rent for unit 5609?
AED 100,000 a year on the contract signed on 1 September 2024. The previous contract, from December 2022, was AED 75,000; the unit has been rented since September 2013.
How big is unit 5609?
737 sqft (68.5 sqm): a one-bedroom apartment on the 56th floor of a 83-storey tower completed in 2012.
What is unit 5609 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 5609, Elite Residence
Starts from the last sale price (AED 1.2M, 18 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →