1203, Marina Residences 5
Sold prices and rental history: sold 4 times, last in February 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Marina Residences 5
What is 1203 worth today?
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Source: Dubai Land Department. Updated 6 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,778 sqft
- Floor
- 12th of 14
- Parking
- 5-LG180
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 29,600 /yr
- Last sold
- AED 3.95M · February 2024
- Building
- Marina Residences 5
About 1203, Marina Residences 5
1203 is a two-bedroom apartment of 1,778 sqft on the 12th 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 February 2024 for AED 3,950,000, or AED 2,221 per sqft, 26% above the AED 1,760 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 19 July 2017, is AED 175,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 29,600 a year.
Sales and rents for 1203 over time
1203 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 106 2-beds →1203 last sold in February 2024 at AED 2,221 per sqft, 26% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,760). 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. 1203's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,867 sqft | 5,100,000 | 2,731 | ||
| 2 Oct 20262 October 2026 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 28 Jul 202628 July 2026 | 1,735 sqft | 3,850,000 | 2,218 | ||
| 5 Jun 20265 June 2026 | 1,735 sqft | 4,900,000 | 2,823 |
Marina Residences 5
Building162 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%
Other units on the 12th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 2,019 sqft | AED 2.66MAED 2,659,700 · Jan 2012January 2012 | 176,000 /yr | |
| 1202 | 2-bed | 1,778 sqft | AED 5.73MAED 5,728,400 · Jan 2012January 2012 | 165,000 /yr | |
| 1204 | 2-bed | 1,746 sqft | AED 3.29MAED 3,288,000 · Mar 2024March 2024 | 280,000 /yr | |
| 1205 | 3-bed | 2,524 sqft | AED 4.63MAED 4,625,000 · Oct 2023October 2023 | 187,799 /yr | |
| 1206 | 3-bed | 4,054 sqft | AED 7.2MAED 7,200,000 · Sep 2022September 2022 | 185,000 /yr | |
| 1207 | 3-bed | 2,524 sqft | AED 1.6MAED 1,604,000 · May 2012May 2012 | 320,000 /yr | |
| 1208 | 2-bed | 1,746 sqft | AED 3.3MAED 3,300,000 · Mar 2014March 2014 | 167,360 /yr | |
| 1209 | 2-bed | 1,778 sqft | AED 4.3MAED 4,300,000 · Jun 2025June 2025 | 205,000 /yr | |
| 1210 | 2-bed | 1,778 sqft | AED 1.5MAED 1,500,000 · Apr 2021April 2021 | 155,000 /yr | |
| 1211 | 2-bed | 2,019 sqft | AED 2.63MAED 2,634,000 · Feb 2013February 2013 | 170,000 /yr |
1203, Marina Residences 5 in numbers
- Sold 4 times: first on 27 March 2012 for AED 2,544,800, last on 6 February 2024 for AED 3,950,000 (AED 2,221 per sqft).
- Rented since August 2014 on 2 Ejari contracts, from AED 147,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2024 price is 4.4%, 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 February 2024.
Questions about 1203, Marina Residences 5
What did unit 1203 last sell for?
AED 3,950,000 on 6 February 2024: AED 2,221 per sqft for 1,778 sqft. The unit has 4 registered sales; the first was AED 2,544,800 in March 2012.
What is the rent for unit 1203?
AED 175,000 a year on the contract signed on 19 July 2017. The previous contract, from August 2014, was AED 147,000.
How big is unit 1203?
1,778 sqft (165.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.
What is unit 1203 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 1203, Marina Residences 5
Starts from the last sale price (AED 3.95M, 6 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,950,000
- Deposit, UAE resident (20%)
- AED 790,000
- Deposit, non-resident (40%)
- AED 1,580,000
- Monthly over 25 years at 3.7%
- AED 16,161
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →