5704, Elite Residence
Sold prices and rental history: sold twice, last in June 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 5704, Elite Residence
What is 5704 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 1 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 57th of 83
- Parking
- P1-58
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.45M · June 2016
- Building
- Elite Residence
About 5704, Elite Residence
5704 is a one-bedroom apartment of 802 sqft on the 57th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 14 June 2016 for AED 1,450,000, or AED 1,808 per sqft, 27% above the AED 1,421 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 November 2023, is AED 92,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 10,500 a year.
Sales and rents for 5704 over time
5704 has sold twice; 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 5704 sits
All 398 1-beds →5704 last sold in June 2016 at AED 1,808 per sqft, 27% above what one-beds in Elite Residence were fetching at the time (AED 1,421). 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. 5704's AED 92,000 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 57th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2016June 2016 | 95,000 /yr | |
| 5702 | 2-bed | 1,331 sqft | AED 2.1MAED 2,100,000 · Jun 2016June 2016 | 100,000 /yr | |
| 5703 | 1-bed | 801 sqft | AED 1.45MAED 1,450,000 · Jun 2016June 2016 | 100,000 /yr | |
| 5705 | 2-bed | 1,330 sqft | AED 2.25MAED 2,250,000 · Mar 2025March 2025 | 126,000 /yr | |
| 5706 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jul 2016July 2016 | 60,000 /yr | |
| 5707 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · Jul 2016July 2016 | 89,250 /yr | |
| 5708 | 2-bed | 1,331 sqft | AED 1.65MAED 1,650,000 · Jul 2016July 2016 | 137,500 /yr | |
| 5709 | 1-bed | 737 sqft | AED 550KAED 550,000 · Aug 2016August 2016 | 103,000 /yr | |
| 5710 | 737 sqft | AED 1.27MAED 1,272,000 · Oct 2025October 2025 | 89,250 /yr | ||
| 5711 | 2-bed | 1,331 sqft | AED 1.63MAED 1,630,000 · Jun 2016June 2016 | 93,213 /yr | |
| 5712 | 1-bed | 960 sqft | AED 1.3MAED 1,300,000 · Jun 2016June 2016 | 78,000 /yr |
5704, Elite Residence in numbers
- Sold twice: first on 8 June 2016 for AED 882,101, last on 14 June 2016 for AED 1,450,000 (AED 1,808 per sqft).
- Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 92,000 by November 2023.
- At AED 92,000 a year the gross yield on the 2016 price is 6.3%, 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 1 November 2023.
Questions about 5704, Elite Residence
What did unit 5704 last sell for?
AED 1,450,000 on 14 June 2016: AED 1,808 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 882,101 in June 2016.
What is the rent for unit 5704?
AED 92,000 a year on the contract signed on 1 November 2023. The previous contract, from October 2022, was AED 90,000; the unit has been rented since September 2016.
How big is unit 5704?
802 sqft (74.5 sqm): a one-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.
What is unit 5704 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 5704? 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 5704, Elite Residence
Starts from the last sale price (AED 1.45M, 14 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →