5902, Elite Residence
Sold prices and rental history: sold twice, last in December 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5902, Elite Residence
What is 5902 worth today?
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Source: Dubai Land Department. Updated 25 February 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 59th of 83
- Parking
- P1-17
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 17,400 /yr
- Last sold
- AED 2.56M · December 2012
- Building
- Elite Residence
About 5902, Elite Residence
5902 is a two-bedroom apartment of 1,331 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 2,562,656, or AED 1,926 per sqft, 73% above the AED 1,116 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 25 February 2019, is AED 125,000 a year: a gross yield of 4.9% on the 2012 price, before the service charge of about AED 17,400 a year.
Sales and rents for 5902 over time
5902 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Elite Residence, and where 5902 sits
All 198 2-beds →5902 last sold in December 2012 at AED 1,926 per sqft, 73% above what two-beds in Elite Residence were fetching at the time (AED 1,116). Over the last 12 months two-beds sold for AED 1,826,595 to 1,950,000, around AED 1,403 per sqft, and rent for AED 120,120 to 200,000 a year. 5902's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,329 sqft | 1,950,000 | 1,466 | ||
| 2 Jan 20262 January 2026 | 1,331 sqft | 1,865,000 | 1,401 | ||
| 24 Dec 202524 December 2025 | 1,329 sqft | 1,826,595 | 1,374 | ||
| 24 Jul 202524 July 2025 | 1,331 sqft | 1,925,000 | 1,446 |
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 | |||||
|---|---|---|---|---|---|
| 5901 | 1-bed | 960 sqft | AED 1.41MAED 1,414,202 · Dec 2012December 2012 | 92,500 /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 |
5902, Elite Residence in numbers
- Sold twice: first on 13 August 2009 for AED 2,562,656, last on 11 December 2012 for AED 2,562,656 (AED 1,926 per sqft).
- Rented since December 2014 on 3 Ejari contracts, from AED 132,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2012 price is 4.9%, before a service charge of about AED 17,400 a year (AED 13.10 per sqft).
- Two-beds in Elite Residence sold for AED 1,826,595–1,950,000 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 5902, Elite Residence
What did unit 5902 last sell for?
AED 2,562,656 on 11 December 2012: AED 1,926 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,562,656 in August 2009.
What is the rent for unit 5902?
AED 125,000 a year on the contract signed on 25 February 2019. The previous contract, from December 2015, was AED 138,600; the unit has been rented since December 2014.
How big is unit 5902?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 59th floor of a 83-storey tower completed in 2012.
What is unit 5902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Residence sold for AED 1,826,595 to 1,950,000 in the last 12 months, around AED 1,403 per sqft.
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Mortgage on 5902, Elite Residence
Starts from the last sale price (AED 2.56M, 11 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,562,656
- Deposit, UAE resident (20%)
- AED 512,531
- Deposit, non-resident (40%)
- AED 1,025,062
- Monthly over 25 years at 3.7%
- AED 10,485
Plus AED 112,641 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →