2-bed · 1,975 sqftMarina Residences 5, Palm Jumeirah · 1st floor · completed 2009

111, Marina Residences 5

Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 3.75M31 October 2024
Current rentAED 112K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Marina Residences 5

What is 111 worth today?

Last sold for AED 3,750,000 in 2024

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31 Oct 2024SoldReady
AED 3,750,000AED 1,898 per sqft
15 Apr 2022SoldReady
AED 2,275,000AED 1,151 per sqft
5 Feb 2021RentedNew contract
AED 112,000/yr12 months · AED 57 per sqft
1 Nov 2017SoldReady
AED 1,987,500AED 1,006 per sqft
31 Mar 2014RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
10 Mar 2010Sold by developerReady
AED 2,413,300AED 1,221 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,975 sqft
Floor
1st of 14
Parking
5-B167
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,900 /yr
Last sold
AED 3.75M · October 2024

About 111, Marina Residences 5

111 is a two-bedroom apartment of 1,975 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 31 October 2024 for AED 3,750,000, or AED 1,898 per sqft, in line with the AED 1,912 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 5 February 2021, is AED 112,000 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 32,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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 2010: AED 2,413,300 (AED 1,221 per sqft)Sold, November 2017: AED 1,987,500 (AED 1,006 per sqft)Sold, April 2022: AED 2,275,000 (AED 1,151 per sqft)Sold, October 2024: AED 3,750,000 (AED 1,898 per sqft)

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

Rents
Unit 111, 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, March 2014: AED 145,000 a yearNew contract, February 2021: AED 112,000 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 111 sits

All 106 2-beds →

111 last sold in October 2024 at AED 1,898 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,912). 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. 111's AED 112,000 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 1st floor

All 162 units in Marina Residences 5
Value
1012-bedAED 3.85M · Sep 2025
1022-bedAED 3.11M · Oct 2023
1032-bedAED 2.5M · Mar 2022
1042-bedAED 3.18M · Feb 2014
1053-bedAED 8.25M · Dec 2025
1063-bedAED 6.55M · Jul 2023
1073-bedAED 6.3M · Aug 2026
1–7 of 10

111, Marina Residences 5 in numbers

  • Sold 4 times: first on 10 March 2010 for AED 2,413,300, last on 31 October 2024 for AED 3,750,000 (AED 1,898 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 145,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2024 price is 3.0%, before a service charge of about AED 32,900 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 31 October 2024.

Questions about 111, Marina Residences 5

What did unit 111 last sell for?

AED 3,750,000 on 31 October 2024: AED 1,898 per sqft for 1,975 sqft. The unit has 4 registered sales; the first was AED 2,413,300 in March 2010.

What is the rent for unit 111?

AED 112,000 a year on the contract signed on 5 February 2021. The previous contract, from March 2014, was AED 145,000.

How big is unit 111?

1,975 sqft (183.5 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2009.

What is unit 111 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 111, Marina Residences 5

Starts from the last sale price (AED 3.75M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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