5901, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, 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 5901, Elite Residence
What is 5901 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 25 February 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 59th of 83
- Parking
- B1-06
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.41M · December 2012
- Building
- Elite Residence
About 5901, Elite Residence
5901 is a one-bedroom apartment of 960 sqft on the 59th floor of Elite Residence, a 83-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 11 December 2012 for AED 1,414,202, or AED 1,472 per sqft, 14% above the AED 1,296 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 25 February 2019, is AED 92,500 a year: a gross yield of 6.5% on the 2012 price, before the service charge of about AED 12,600 a year.
Sales and rents for 5901 over time
5901 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 5901 sits
All 398 1-beds →5901 last sold in December 2012 at AED 1,472 per sqft, 14% above what one-beds in Elite Residence were fetching at the time (AED 1,296). 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. 5901's AED 92,500 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 59th floor
All 697 units in Elite Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5902 | 2-bed | 1,331 sqft | AED 2.56MAED 2,562,656 · Dec 2012December 2012 | 125,000 /yr | |
| 5903 | 1-bed | 801 sqft | AED 1.57MAED 1,573,604 · Dec 2012December 2012 | 92,500 /yr | |
| 5904 | 1-bed | 802 sqft | AED 1.78MAED 1,775,000 · Dec 2024December 2024 | 60,000 /yr | |
| 5905 | 2-bed | 1,330 sqft | AED 2.1MAED 2,100,000 · Dec 2016December 2016 | 130,000 /yr | |
| 5906 | 1-bed | 960 sqft | AED 1.43MAED 1,430,000 · Sep 2024September 2024 | 88,000 /yr | |
| 5907 | 1-bed | 959 sqft | AED 1.28MAED 1,275,181 · Dec 2012December 2012 | 98,000 /yr | |
| 5908 | 2-bed | 1,331 sqft | AED 1.4MAED 1,400,000 · Feb 2018February 2018 | 110,000 /yr | |
| 5909 | 1-bed | 737 sqft | AED 860KAED 860,000 · Mar 2013March 2013 | 82,500 /yr | |
| 5910 | 1-bed | 737 sqft | AED 1.22MAED 1,223,513 · Dec 2012December 2012 | 82,500 /yr | |
| 5911 | 2-bed | 1,331 sqft | AED 2.07MAED 2,068,501 · Dec 2012December 2012 | ||
| 5912 | 1-bed | 960 sqft | AED 1.41MAED 1,414,202 · Dec 2012December 2012 | 50,000 /yr |
5901, Elite Residence in numbers
- Sold twice: first on 13 August 2009 for AED 1,414,202, last on 11 December 2012 for AED 1,414,202 (AED 1,472 per sqft).
- Rented since February 2016 on 4 Ejari contracts, from AED 95,000 to AED 92,500 a year.
- At AED 92,500 a year the gross yield on the 2012 price is 6.5%, 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 25 February 2019.
Questions about 5901, Elite Residence
What did unit 5901 last sell for?
AED 1,414,202 on 11 December 2012: AED 1,472 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,414,202 in August 2009.
What is the rent for unit 5901?
AED 92,500 a year on the contract signed on 25 February 2019. The previous contract, from February 2018, was AED 95,000; the unit has been rented since February 2016.
How big is unit 5901?
960 sqft (89.2 sqm): a one-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.
What is unit 5901 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 5901? 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 5901, Elite Residence
Starts from the last sale price (AED 1.41M, 11 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,414,202
- Deposit, UAE resident (20%)
- AED 282,840
- Deposit, non-resident (40%)
- AED 565,681
- Monthly over 25 years at 3.7%
- AED 5,786
Plus AED 64,406 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →