1-bed · 960 sqftElite Residence, Dubai Marina · 57th floor · completed 2012

5712, Elite Residence

Sold prices and rental history: sold once, by the developer 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.

Unit 5712 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 1.3M15 June 2016
Current rentAED 78K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5712, Elite Residence

What is 5712 worth today?

Last sold for AED 1,300,000 in 2016

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1 Oct 2023RentedRenewal
AED 78,000/yr12 months · AED 81 per sqft
1 Oct 2021RentedRenewal
AED 53,000/yr12 months · AED 55 per sqft
1 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
1 Oct 2019RentedRenewal
AED 69,650/yr12 months · AED 73 per sqft
1 Oct 2018RentedNew contract
AED 76,340/yr12 months · AED 80 per sqft
5 Jul 2017RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
5 Jul 2016RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
15 Jun 2016Sold by developerReady
AED 1,300,000AED 1,354 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
57th of 83
Parking
P1-05
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 12,600 /yr
Last sold
AED 1.3M · June 2016

About 5712, Elite Residence

5712 is a one-bedroom apartment of 960 sqft on the 57th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 15 June 2016 for AED 1,300,000, or AED 1,354 per sqft, 4% below the AED 1,405 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 78,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 5712 over time

Sales
Unit 5712, each saleTypical one-bed in Elite Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,334,628; 2010 AED 1,382,752; 2011 AED 864,286; 2012 AED 1,244,522; 2013 AED 1,250,000; 2014 AED 1,435,000; 2015 AED 1,225,000; 2016 AED 1,250,000; 2017 AED 1,190,000; 2018 AED 1,070,000; 2019 AED 845,285; 2020 AED 750,000; 2021 AED 749,500; 2022 AED 980,000; 2023 AED 1,177,500; 2024 AED 1,285,000; 2025 AED 1,270,000; 2026 AED 1,230,000Sold by developer, June 2016: AED 1,300,000 (AED 1,354 per sqft)

5712 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5712, each contractTypical one-bed in Elite Residence
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,400; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 56,500; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 77,000; 2024 AED 84,350; 2025 AED 90,000; 2026 AED 92,500New contract, July 2016: AED 95,000 a yearRenewal, July 2017: AED 95,000 a yearNew contract, October 2018: AED 76,340 a yearRenewal, October 2019: AED 69,650 a yearRenewal, October 2020: AED 48,000 a yearRenewal, October 2021: AED 53,000 a yearRenewal, October 2023: AED 78,000 a year

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 5712 sits

All 398 1-beds →

5712 last sold in June 2016 at AED 1,354 per sqft, 4% below what one-beds in Elite Residence were fetching at the time (AED 1,405). 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. 5712's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,190,000
9 Jan 20261,230,000
6 Jan 20261,346,497
19 Dec 20251,450,000
5 1-bed sales in the last 12 months

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 57th floor

All 697 units in Elite Residence
Value
57011-bedAED 1.3M · Jun 2016
57022-bedAED 2.1M · Jun 2016
57031-bedAED 1.45M · Jun 2016
57041-bedAED 1.45M · Jun 2016
57052-bedAED 2.25M · Mar 2025
57061-bedAED 1.3M · Jul 2016
57071-bedAED 1.3M · Jul 2016
1–7 of 11

5712, Elite Residence in numbers

  • Sold once: by Tameer Holding Investment on 15 June 2016 for AED 1,300,000, or AED 1,354 per sqft.
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 48,000 in 2020 and recovered to AED 78,000 by October 2023.
  • At AED 78,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 12,600 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 October 2023.

Questions about 5712, Elite Residence

What did unit 5712 last sell for?

AED 1,300,000 on 15 June 2016, sold by the developer: AED 1,354 per sqft for 960 sqft. It is the only registered sale of the unit.

What is the rent for unit 5712?

AED 78,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2021, was AED 53,000; the unit has been rented since July 2016.

How big is unit 5712?

960 sqft (89.2 sqm): a one-bedroom apartment on the 57th floor of a 83-storey tower completed in 2012.

What is unit 5712 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 5712, Elite Residence

Starts from the last sale price (AED 1.3M, 15 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →