2-bed · 1,778 sqftMarina Residences 5, Palm Jumeirah · 11th floor · completed 2009

1109, Marina Residences 5

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 6 October 2022
Last soldAED 2.9M6 October 2022
Current rentAED 140K /yr3 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Marina Residences 5

What is 1109 worth today?

Last sold for AED 2,900,000 in 2022

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6 Oct 2022SoldReady
AED 2,900,000AED 1,631 per sqft
25 Jul 2019SoldReady
AED 855,000AED 480 per sqft
3 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft
3 Nov 2017RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft
3 Nov 2016RentedNew contract
AED 171,150/yr12 months · AED 96 per sqft
20 Oct 2015RentedNew contract
AED 163,000/yr12 months · AED 92 per sqft
25 Feb 2015SoldReady
AED 1,450,000AED 815 per sqft
18 Apr 2013RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 6 October 2022.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
11th of 14
Parking
CLG-174
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.9M · October 2022

About 1109, Marina Residences 5

1109 is a two-bedroom apartment of 1,778 sqft on the 11th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 6 October 2022 for AED 2,900,000, or AED 1,631 per sqft, 26% above the AED 1,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 3 November 2018, is AED 140,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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, March 2011: AED 1,450,000 (AED 815 per sqft)Sold, February 2015: AED 1,450,000 (AED 815 per sqft)Sold, July 2019: AED 855,000 (AED 480 per sqft)Sold, October 2022: AED 2,900,000 (AED 1,631 per sqft)

1109 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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, April 2013: AED 150,000 a yearNew contract, October 2015: AED 163,000 a yearNew contract, November 2016: AED 171,150 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 140,000 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 1109 sits

All 106 2-beds →

1109 last sold in October 2022 at AED 1,631 per sqft, 26% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,293). 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. 1109's AED 140,000 is at the bottom 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 11th floor

All 162 units in Marina Residences 5
Value
11012-bedAED 2.57M · Jan 2012
11022-bedAED 3.35M · Apr 2014
11032-bedAED 2.85M · Feb 2010
11042-bedAED 2.64M · Feb 2018
11053-bedAED 4.1M · Mar 2023
11063-bedAED 7.65M · Jun 2025
11073-bedAED 3.1M · Dec 2012
1–7 of 10

1109, Marina Residences 5 in numbers

  • Sold 4 times: first on 10 March 2011 for AED 1,450,000, last on 6 October 2022 for AED 2,900,000 (AED 1,631 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, from AED 150,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 4.8%, 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 6 October 2022.

Questions about 1109, Marina Residences 5

What did unit 1109 last sell for?

AED 2,900,000 on 6 October 2022: AED 1,631 per sqft for 1,778 sqft. The unit has 4 registered sales; the first was AED 1,450,000 in March 2011.

What is the rent for unit 1109?

AED 140,000 a year on the contract renewed on 3 November 2018. The previous contract, from November 2017, was AED 140,000; the unit has been rented since April 2013.

How big is unit 1109?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2009.

What is unit 1109 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 1109, Marina Residences 5

Starts from the last sale price (AED 2.9M, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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