960 sqftElite Residence, Dubai Marina · 56th floor · completed 2012

5612, Elite Residence

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5612 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 1.15M27 January 2013
Current rentAED 90K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5612, Elite Residence

What is 5612 worth today?

Last sold for AED 1,150,000 in 2013

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4 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
1 Jun 2024RentedNew contract
AED 86,000/yr12 months · AED 90 per sqft
11 Dec 2021RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
11 Dec 2019RentedRenewal
AED 57,000/yr12 months · AED 59 per sqft
11 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
1 Dec 2014RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
22 Feb 2013RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
27 Jan 2013SoldReady
AED 1,150,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
Apartment
Size
960 sqft
Floor
56th of 83
Parking
P1-59
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.15M · January 2013

About 5612, Elite Residence

5612 is an apartment of 960 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 27 January 2013 for AED 1,150,000, or AED 1,198 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 4 June 2025, is AED 90,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 12,600 a year.

Elite Residence

Building

697 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%
Elite Residence, Dubai Marina: prices, sales and rents →

Other units on the 56th floor

All 697 units in Elite Residence
Value
56011-bedAED 1.15M · Dec 2012
56022-bedAED 2.05M · Jun 2023
56031-bedAED 1.35M · Jun 2024
56041-bedAED 1.4M · Jul 2024
56052-bedAED 1.99M · Apr 2017
56061-bedAED 1.4M · Dec 2013
56071-bedAED 1.29M · Jun 2024
1–7 of 11

5612, Elite Residence in numbers

  • Sold twice: first on 8 October 2012 for AED 1,165,733, last on 27 January 2013 for AED 1,150,000 (AED 1,198 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 90,000 by June 2025.
  • At AED 90,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 12,600 a year (AED 13.10 per sqft).

Source: Dubai Land Department. Updated 4 June 2025.

Questions about 5612, Elite Residence

What did unit 5612 last sell for?

AED 1,150,000 on 27 January 2013: AED 1,198 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,165,733 in October 2012.

What is the rent for unit 5612?

AED 90,000 a year on the contract signed on 4 June 2025. The previous contract, from June 2024, was AED 86,000; the unit has been rented since February 2013.

How big is unit 5612?

960 sqft (89.2 sqm): an apartment on the 56th floor of a 83-storey tower completed in 2012.

What is unit 5612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5612, Elite Residence

Starts from the last sale price (AED 1.15M, 27 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →