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2-bed · 1,331 sqftElite Residence, Dubai Marina · 59th floor · completed 2012

5911, Elite Residence

Sold prices and rental history: sold twice, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5911 · DLD and Ejari recordsUpdated 11 December 2012
Last soldAED 2.07M11 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5911, Elite Residence

What is 5911 worth today?

Last sold for AED 2,068,501 in 2012

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11 Dec 2012SoldReady
AED 2,068,501AED 1,554 per sqft
13 Aug 2009Sold by developerOff-plan
AED 2,068,501AED 1,554 per sqft

Source: Dubai Land Department. Updated 11 December 2012.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
59th of 83
Parking
B2-84
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 2.07M · December 2012
Building
Elite Residence

About 5911, Elite Residence

5911 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 2,068,501, or AED 1,554 per sqft, 39% above the AED 1,116 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5911 over time

Sales
Unit 5911, each saleTypical two-bed in Elite Residence
1M2M2009201420192024Typical sale price by year: 2009 AED 2,511,374; 2010 AED 2,452,658; 2012 AED 1,720,000; 2013 AED 1,922,407; 2014 AED 2,223,814; 2015 AED 1,675,000; 2016 AED 1,675,000; 2017 AED 1,660,000; 2018 AED 1,375,000; 2019 AED 1,000,000; 2020 AED 1,150,000; 2021 AED 1,105,000; 2022 AED 1,495,000; 2023 AED 1,730,000; 2024 AED 1,900,000; 2025 AED 1,874,500Sold by developer, August 2009: AED 2,068,501 (AED 1,554 per sqft)Sold, December 2012: AED 2,068,501 (AED 1,554 per sqft)

5911 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5911, each contractTypical two-bed in Elite Residence
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 72,500; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 131,250

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 5911 sits

All 198 2-beds →

5911 last sold in December 2012 at AED 1,554 per sqft, 39% 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.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,950,000
2 Jan 20261,865,000
24 Dec 20251,826,595
24 Jul 20251,925,000
4 2-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 59th floor

All 697 units in Elite Residence
Value
59011-bedAED 1.41M · Dec 2012
59022-bedAED 2.56M · Dec 2012
59031-bedAED 1.57M · Dec 2012
59041-bedAED 1.78M · Dec 2024
59052-bedAED 2.1M · Dec 2016
59061-bedAED 1.43M · Sep 2024
59071-bedAED 1.28M · Dec 2012
1–7 of 11

5911, Elite Residence in numbers

  • Sold twice: first on 13 August 2009 for AED 2,068,501, last on 11 December 2012 for AED 2,068,501 (AED 1,554 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 11 December 2012.

Questions about 5911, Elite Residence

What did unit 5911 last sell for?

AED 2,068,501 on 11 December 2012: AED 1,554 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,068,501 in August 2009.

How big is unit 5911?

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 5911 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 5911, Elite Residence

Starts from the last sale price (AED 2.07M, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,068,501
Deposit, UAE resident (20%)
AED 413,700
Deposit, non-resident (40%)
AED 827,400
Monthly over 25 years at 3.7%
AED 8,463

Plus AED 91,887 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →