5809, Elite Residence
Sold prices and rental history: sold 4 times, last in December 2023, 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 5809, Elite Residence
What is 5809 worth today?
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Source: Dubai Land Department. Updated 8 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 58th of 83
- Parking
- B1-23
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.1M · December 2023
- Building
- Elite Residence
About 5809, Elite Residence
5809 is a one-bedroom apartment of 737 sqft on the 58th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 December 2023 for AED 1,100,000, or AED 1,493 per sqft, 15% above the AED 1,301 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 60,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 5809 over time
5809 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 5809 sits
All 398 1-beds →5809 last sold in December 2023 at AED 1,493 per sqft, 15% above what one-beds in Elite Residence were fetching at the time (AED 1,301). 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. 5809's AED 60,000 is in the lower 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 58th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5801 | 1-bed | 960 sqft | AED 1.15MAED 1,150,000 · Dec 2012December 2012 | 74,000 /yr | |
| 5802 | 2-bed | 1,331 sqft | AED 1.71MAED 1,707,826 · Dec 2012December 2012 | 140,000 /yr | |
| 5803 | 1-bed | 801 sqft | AED 1.1MAED 1,101,809 · Dec 2012December 2012 | 100,000 /yr | |
| 5804 | 1-bed | 802 sqft | AED 1.1MAED 1,101,809 · Dec 2012December 2012 | 140,000 /yr | |
| 5805 | 2-bed | 1,330 sqft | AED 2.27MAED 2,265,000 · Jun 2013June 2013 | 133,350 /yr | |
| 5806 | 1-bed | 960 sqft | AED 1.23MAED 1,230,000 · Sep 2023September 2023 | 75,000 /yr | |
| 5807 | 1-bed | 959 sqft | AED 1.04MAED 1,040,000 · Jan 2013January 2013 | 115,000 /yr | |
| 5808 | 2-bed | 1,331 sqft | AED 1.68MAED 1,675,786 · Oct 2012October 2012 | 115,000 /yr | |
| 5810 | 1-bed | 737 sqft | AED 1.2MAED 1,200,000 · Mar 2024March 2024 | 57,500 /yr | |
| 5811 | 2-bed | 1,331 sqft | AED 1.8MAED 1,800,000 · Jul 2013July 2013 | 100,000 /yr | |
| 5812 | 1-bed | 960 sqft | AED 1.4MAED 1,400,000 · May 2025May 2025 | 72,000 /yr |
5809, Elite Residence in numbers
- Sold 4 times: first on 12 June 2012 for AED 869,493, last on 8 December 2023 for AED 1,100,000 (AED 1,493 per sqft).
- Rented since September 2016 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2021 and recovered to AED 60,000 by November 2022.
- At AED 60,000 a year the gross yield on the 2023 price is 5.5%, 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 8 December 2023.
Questions about 5809, Elite Residence
What did unit 5809 last sell for?
AED 1,100,000 on 8 December 2023: AED 1,493 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 869,493 in June 2012.
What is the rent for unit 5809?
AED 60,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 48,000; the unit has been rented since September 2016.
How big is unit 5809?
737 sqft (68.5 sqm): a one-bedroom apartment on the 58th floor of a 83-storey tower completed in 2012.
What is unit 5809 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 5809, Elite Residence
Starts from the last sale price (AED 1.1M, 8 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →