1002, Marina Residences 5
Sold prices and rental history: sold twice, last in December 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Marina Residences 5
What is 1002 worth today?
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Source: Dubai Land Department. Updated 10 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 10th of 14
- Parking
- CLG-179
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 1.54M · December 2020
- Building
- Marina Residences 5
About 1002, Marina Residences 5
1002 is a two-bedroom apartment of 1,778 sqft on the 10th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 December 2020 for AED 1,540,000, or AED 866 per sqft, in line with the AED 865 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 May 2019, is AED 150,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1002 over time
1002 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 Marina Residences 5, and where 1002 sits
All 106 2-beds →1002 last sold in December 2020 at AED 866 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 865). Over the last 12 months two-beds sold for AED 3,850,000 to 5,100,000, around AED 2,278 per sqft, and rent for AED 150,000 to 300,000 a year. 1002's AED 150,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,867 sqft | 5,100,000 | 2,731 | ||
| 2 Oct 20262 October 2026 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 28 Jul 202628 July 2026 | 1,735 sqft | 3,850,000 | 2,218 | ||
| 5 Jun 20265 June 2026 | 1,735 sqft | 4,900,000 | 2,823 |
Marina Residences 5
Building162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,433 Up 9.7%
- Typical sale
- AED 4.78M
- Typical rent
- AED 209K /yr
- Typical yield
- 4.3%
Other units on the 10th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,870 sqft | AED 2.48MAED 2,480,000 · Oct 2010October 2010 | 160,390 /yr | |
| 1003 | 2-bed | 1,778 sqft | AED 3.4MAED 3,400,000 · Jun 2024June 2024 | 145,000 /yr | |
| 1004 | 2-bed | 1,746 sqft | AED 2.54MAED 2,544,800 · May 2017May 2017 | 150,418 /yr | |
| 1005 | 3-bed | 2,524 sqft | AED 2MAED 2,000,000 · Jun 2012June 2012 | 250,000 /yr | |
| 1006 | 3-bed | 4,054 sqft | AED 3.84MAED 3,840,000 · Oct 2021October 2021 | 237,000 /yr | |
| 1007 | 3-bed | 2,524 sqft | AED 3.55MAED 3,550,000 · Jan 2018January 2018 | 190,000 /yr | |
| 1008 | 2-bed | 1,746 sqft | AED 2.74MAED 2,740,000 · Aug 2022August 2022 | 170,000 /yr | |
| 1009 | 2-bed | 1,778 sqft | AED 3.35MAED 3,350,000 · Jun 2014June 2014 | 173,250 /yr | |
| 1010 | 2-bed | 1,778 sqft | AED 3.4MAED 3,400,000 · Jul 2014July 2014 | 200,000 /yr | |
| 1011 | 2-bed | 1,870 sqft | AED 2.53MAED 2,530,000 · Oct 2010October 2010 | 185,000 /yr |
1002, Marina Residences 5 in numbers
- Sold twice: first on 6 October 2016 for AED 1,390,000, last on 10 December 2020 for AED 1,540,000 (AED 866 per sqft).
- Rented since August 2017 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 15,000 in 2018 and recovered to AED 150,000 by May 2019.
- At AED 150,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 29,600 a year (AED 16.67 per sqft).
- Two-beds in Marina Residences 5 sold for AED 3,850,000–5,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,433 per sqft.
Source: Dubai Land Department. Updated 10 December 2020.
Questions about 1002, Marina Residences 5
What did unit 1002 last sell for?
AED 1,540,000 on 10 December 2020: AED 866 per sqft for 1,778 sqft. The unit has 2 registered sales; the first was AED 1,390,000 in October 2016.
What is the rent for unit 1002?
AED 150,000 a year on the contract signed on 10 May 2019. The previous contract, from May 2018, was AED 15,000; the unit has been rented since August 2017.
How big is unit 1002?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 5 sold for AED 3,850,000 to 5,100,000 in the last 12 months, around AED 2,278 per sqft.
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Mortgage on 1002, Marina Residences 5
Starts from the last sale price (AED 1.54M, 10 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,540,000
- Deposit, UAE resident (20%)
- AED 308,000
- Deposit, non-resident (40%)
- AED 616,000
- Monthly over 25 years at 3.7%
- AED 6,301
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →