2-bed · 2,045 sqftMarina Residences 5, Palm Jumeirah · 1st floor · completed 2009

103, Marina Residences 5

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 19 March 2023
Last soldAED 2.5M21 March 2022
Current rentAED 190K /yr19 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Marina Residences 5

What is 103 worth today?

Last sold for AED 2,500,000 in 2022

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19 Mar 2023RentedNew contract
AED 190,000/yr12 months · AED 93 per sqft
21 Mar 2022SoldReady
AED 2,500,000AED 1,222 per sqft
1 Nov 2019RentedNew contract
AED 135,000/yr12 months · AED 66 per sqft
10 Oct 2018RentedRenewal
AED 165,750/yr12 months · AED 81 per sqft
10 Oct 2017RentedNew contract
AED 165,000/yr12 months · AED 81 per sqft
24 Sep 2016RentedRenewal
AED 170,000/yr12 months · AED 83 per sqft
24 Sep 2015RentedRenewal
AED 170,000/yr12 months · AED 83 per sqft
24 Sep 2014RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 19 March 2023.

Key facts

Type
2-bed apartment
Size
2,045 sqft
Floor
1st of 14
Parking
CB1-210
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.5M · March 2022

About 103, Marina Residences 5

103 is a two-bedroom apartment of 2,045 sqft on the 1st floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 21 March 2022 for AED 2,500,000, or AED 1,222 per sqft, in line with the AED 1,222 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 19 March 2023, is AED 190,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 34,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Marina Residences 5
2M4M2010201520202025Typical sale price by year: 2010 AED 2,729,600; 2011 AED 2,580,700; 2012 AED 2,557,050; 2013 AED 2,544,200; 2014 AED 2,950,000; 2015 AED 2,787,500; 2016 AED 2,695,500; 2017 AED 2,547,400; 2018 AED 2,300,000; 2019 AED 1,660,000; 2020 AED 1,600,000; 2021 AED 1,700,000; 2022 AED 2,600,000; 2023 AED 3,110,000; 2024 AED 3,635,000; 2025 AED 3,978,188; 2026 AED 4,450,000Sold by developer, October 2010: AED 2,732,600 (AED 1,336 per sqft)Sold, March 2022: AED 2,500,000 (AED 1,222 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Marina Residences 5
100K150K200K2012201620202024Typical rent by year: 2012 AED 138,500; 2013 AED 145,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 132,750; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 139,440; 2023 AED 165,000; 2024 AED 185,000; 2025 AED 192,477; 2026 AED 200,000New contract, September 2012: AED 140,000 a yearNew contract, September 2013: AED 140,000 a yearNew contract, September 2014: AED 170,000 a yearRenewal, September 2015: AED 170,000 a yearRenewal, September 2016: AED 170,000 a yearNew contract, October 2017: AED 165,000 a yearRenewal, October 2018: AED 165,750 a yearNew contract, November 2019: AED 135,000 a yearNew contract, March 2023: AED 190,000 a year

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 103 sits

All 106 2-beds →

103 last sold in March 2022 at AED 1,222 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,222). 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. 103's AED 190,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20265,100,000
2 Oct 20264,450,000
28 Jul 20263,850,000
5 Jun 20264,900,000
7 2-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 1st floor

All 162 units in Marina Residences 5
Value
1012-bedAED 3.85M · Sep 2025
1022-bedAED 3.11M · Oct 2023
1042-bedAED 3.18M · Feb 2014
1053-bedAED 8.25M · Dec 2025
1063-bedAED 6.55M · Jul 2023
1073-bedAED 6.3M · Aug 2026
1082-bedAED 4M · May 2026
1–7 of 10

103, Marina Residences 5 in numbers

  • Sold twice: first on 13 October 2010 for AED 2,732,600, last on 21 March 2022 for AED 2,500,000 (AED 1,222 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 140,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 34,100 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 19 March 2023.

Questions about 103, Marina Residences 5

What did unit 103 last sell for?

AED 2,500,000 on 21 March 2022: AED 1,222 per sqft for 2,045 sqft. The unit has 2 registered sales; the first was AED 2,732,600 in October 2010.

What is the rent for unit 103?

AED 190,000 a year on the contract signed on 19 March 2023. The previous contract, from November 2019, was AED 135,000; the unit has been rented since September 2012.

How big is unit 103?

2,045 sqft (190.0 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 103 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 103, Marina Residences 5

Starts from the last sale price (AED 2.5M, 21 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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