3-bed · 4,054 sqftMarina Residences 5, Palm Jumeirah · 10th floor · completed 2009

1006, Marina Residences 5

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 4 October 2021
Last soldAED 3.84M4 October 2021
Current rentAED 237K /yr19 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Marina Residences 5

What is 1006 worth today?

Last sold for AED 3,840,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Oct 2021SoldReady
AED 3,840,000AED 947 per sqft
19 May 2020RentedNew contract
AED 237,000/yr12 months · AED 58 per sqft
24 Nov 2019SoldReady
AED 3,900,000AED 962 per sqft
19 May 2019RentedRenewal
AED 250,000/yr12 months · AED 62 per sqft
19 May 2018RentedRenewal
AED 265,000/yr12 months · AED 65 per sqft
19 May 2017RentedRenewal
AED 275,000/yr12 months · AED 68 per sqft
19 May 2016RentedNew contract
AED 275,000/yr12 months · AED 68 per sqft
4 Nov 2015RentedRenewal
AED 315,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 4 October 2021.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
10th of 14
Parking
CLG-152, CLG-164
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 3.84M · October 2021

About 1006, Marina Residences 5

1006 is a three-bedroom apartment of 4,054 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 4 October 2021 for AED 3,840,000, or AED 947 per sqft, in line with the AED 974 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 19 May 2020, is AED 237,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical three-bed in Marina Residences 5
2.5M5M7.5M20102014201820222026Typical sale price by year: 2010 AED 4,297,650; 2011 AED 3,430,000; 2012 AED 3,190,400; 2013 AED 3,650,900; 2014 AED 4,200,000; 2019 AED 3,900,000; 2020 AED 3,150,000; 2021 AED 3,840,000; 2022 AED 3,850,000; 2023 AED 4,562,500; 2024 AED 5,550,000; 2025 AED 6,475,000Sold by developer, February 2011: AED 7,887,600 (AED 1,945 per sqft)Sold, November 2019: AED 3,900,000 (AED 962 per sqft)Sold, October 2021: AED 3,840,000 (AED 947 per sqft)

1006 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1006, each contractTypical three-bed in Marina Residences 5
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 222,500; 2014 AED 236,000; 2015 AED 250,000; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 175,450; 2023 AED 207,500; 2024 AED 256,500; 2025 AED 320,000; 2026 AED 314,750New contract, November 2013: AED 325,000 a yearRenewal, November 2014: AED 325,000 a yearRenewal, November 2015: AED 315,000 a yearNew contract, May 2016: AED 275,000 a yearRenewal, May 2017: AED 275,000 a yearRenewal, May 2018: AED 265,000 a yearRenewal, May 2019: AED 250,000 a yearNew contract, May 2020: AED 237,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 5, and where 1006 sits

All 51 3-beds →

1006 last sold in October 2021 at AED 947 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 974). Over the last 12 months three-beds sold for AED 6,300,000 to 8,250,000, around AED 2,870 per sqft, and rent for AED 250,000 to 530,000 a year. 1006's AED 237,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20266,300,000
23 Feb 20267,000,000
4 Dec 20258,250,000
7 Nov 20256,150,000
3 3-bed sales in the last 12 months

Marina Residences 5

Building

162 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%
Marina Residences 5, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 162 units in Marina Residences 5
Value
10012-bedAED 2.48M · Oct 2010
10022-bedAED 1.54M · Dec 2020
10032-bedAED 3.4M · Jun 2024
10042-bedAED 2.54M · May 2017
10053-bedAED 2M · Jun 2012
10073-bedAED 3.55M · Jan 2018
10082-bedAED 2.74M · Aug 2022
1–7 of 10

1006, Marina Residences 5 in numbers

  • Sold 3 times: first on 22 February 2011 for AED 7,887,600, last on 4 October 2021 for AED 3,840,000 (AED 947 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 325,000 to AED 237,000 a year.
  • At AED 237,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 67,600 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 5 sold for AED 6,300,000–8,250,000 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 4 October 2021.

Questions about 1006, Marina Residences 5

What did unit 1006 last sell for?

AED 3,840,000 on 4 October 2021: AED 947 per sqft for 4,054 sqft. The unit has 3 registered sales; the first was AED 7,887,600 in February 2011.

What is the rent for unit 1006?

AED 237,000 a year on the contract signed on 19 May 2020. The previous contract, from May 2019, was AED 250,000; the unit has been rented since November 2013.

How big is unit 1006?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 5 sold for AED 6,300,000 to 8,250,000 in the last 12 months, around AED 2,870 per sqft.

Selling 1006? 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.

How OpenOffers works

Mortgage on 1006, Marina Residences 5

Starts from the last sale price (AED 3.84M, 4 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,840,000
Deposit, UAE resident (20%)
AED 768,000
Deposit, non-resident (40%)
AED 1,536,000
Monthly over 25 years at 3.7%
AED 15,711

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →