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3-bed · 2,524 sqftMarina Residences 5, Palm Jumeirah · 10th floor · completed 2009

1007, Marina Residences 5

Sold prices and rental history: sold 3 times, last in January 2018, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 10 January 2018
Last soldAED 3.55M10 January 2018
Current rentAED 190K /yr1 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Marina Residences 5

What is 1007 worth today?

Last sold for AED 3,550,000 in 2018

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10 Jan 2018SoldReady
AED 3,550,000AED 1,406 per sqft
19 Mar 2014SoldReady
AED 4,175,000AED 1,653 per sqft
1 Apr 2013RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
4 Jan 2012Sold by developerReady
AED 3,529,000AED 1,397 per sqft

Source: Dubai Land Department. Updated 10 January 2018.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
10th of 14
Parking
CB1-149,E-G-S-79
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 3.55M · January 2018
Building
Marina Residences 5

About 1007, Marina Residences 5

1007 is a three-bedroom apartment of 2,524 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 January 2018 for AED 3,550,000, or AED 1,406 per sqft.

One Ejari contract is registered, from 1 April 2013. The current contract, signed on 1 April 2013, is AED 190,000 a year: a gross yield of 5.3% on the 2018 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical three-bed in Marina Residences 5
4M6M20102014201820222026Typical 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, January 2012: AED 3,529,000 (AED 1,397 per sqft)Sold, March 2014: AED 4,175,000 (AED 1,653 per sqft)Sold, January 2018: AED 3,550,000 (AED 1,406 per sqft)

1007 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1007, 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, April 2013: AED 190,000 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 1007 sits

All 51 3-beds →

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. 1007's AED 190,000 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
10063-bedAED 3.84M · Oct 2021
10082-bedAED 2.74M · Aug 2022
1–7 of 10

1007, Marina Residences 5 in numbers

  • Sold 3 times: first on 4 January 2012 for AED 3,529,000, last on 10 January 2018 for AED 3,550,000 (AED 1,406 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2018 price is 5.3%, before a service charge of about AED 42,100 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 10 January 2018.

Questions about 1007, Marina Residences 5

What did unit 1007 last sell for?

AED 3,550,000 on 10 January 2018: AED 1,406 per sqft for 2,524 sqft. The unit has 3 registered sales; the first was AED 3,529,000 in January 2012.

What is the rent for unit 1007?

AED 190,000 a year on the contract signed on 1 April 2013.

How big is unit 1007?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 10th floor of a 14-storey tower completed in 2009.

What is unit 1007 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.

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Mortgage on 1007, Marina Residences 5

Starts from the last sale price (AED 3.55M, 10 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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