3-bed · 2,524 sqftMarina Residences 5, Palm Jumeirah · 12th floor · completed 2009

1205, Marina Residences 5

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 4.63M31 October 2023
Current rentAED 188K /yr11 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Marina Residences 5

What is 1205 worth today?

Last sold for AED 4,625,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Oct 2023SoldReady
AED 4,625,000AED 1,832 per sqft
11 Oct 2023RentedRenewal
AED 187,799/yr4 months · AED 75 per sqft
11 Oct 2022RentedRenewal
AED 161,700/yr12 months · AED 64 per sqft
11 Oct 2021RentedRenewal
AED 154,000/yr12 months · AED 61 per sqft
7 Apr 2021SoldReady
AED 2,900,000AED 1,148 per sqft
11 Oct 2020RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
12 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
31 May 2015SoldReady
AED 4,300,000AED 1,703 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
3-bed apartment
Size
2,524 sqft
Floor
12th of 14
Parking
5-B156, 5-LG136, 5-LG137
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 42,100 /yr
Last sold
AED 4.63M · October 2023

About 1205, Marina Residences 5

1205 is a three-bedroom apartment of 2,524 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 31 October 2023 for AED 4,625,000, or AED 1,832 per sqft, 12% above the AED 1,634 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 11 October 2023, is AED 187,799 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 42,100 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, June 2012: AED 3,062,200 (AED 1,213 per sqft)Sold, July 2012: AED 2,900,000 (AED 1,148 per sqft)Sold, May 2015: AED 4,300,000 (AED 1,703 per sqft)Sold, April 2021: AED 2,900,000 (AED 1,148 per sqft)Sold, October 2023: AED 4,625,000 (AED 1,832 per sqft)

1205 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, 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 235,000 a yearNew contract, September 2019: AED 160,000 a yearNew contract, October 2020: AED 140,000 a yearRenewal, October 2021: AED 154,000 a yearRenewal, October 2022: AED 161,700 a yearRenewal, October 2023: AED 187,799 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 1205 sits

All 51 3-beds →

1205 last sold in October 2023 at AED 1,832 per sqft, 12% above what three-beds in Marina Residences 5 were fetching at the time (AED 1,634). 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. 1205's AED 187,799 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 12th floor

All 162 units in Marina Residences 5
Value
12012-bedAED 2.66M · Jan 2012
12022-bedAED 5.73M · Jan 2012
12032-bedAED 3.95M · Feb 2024
12042-bedAED 3.29M · Mar 2024
12063-bedAED 7.2M · Sep 2022
12073-bedAED 1.6M · May 2012
12082-bedAED 3.3M · Mar 2014
1–7 of 10

1205, Marina Residences 5 in numbers

  • Sold 5 times: first on 24 June 2012 for AED 3,062,200, last on 31 October 2023 for AED 4,625,000 (AED 1,832 per sqft).
  • Rented since April 2013 on 6 Ejari contracts. The rent fell from AED 235,000 to AED 140,000 in 2020 and recovered to AED 187,799 by October 2023.
  • At AED 187,799 a year the gross yield on the 2023 price is 4.1%, 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 31 October 2023.

Questions about 1205, Marina Residences 5

What did unit 1205 last sell for?

AED 4,625,000 on 31 October 2023: AED 1,832 per sqft for 2,524 sqft. The unit has 5 registered sales; the first was AED 3,062,200 in June 2012.

What is the rent for unit 1205?

AED 187,799 a year on the contract renewed on 11 October 2023. The previous contract, from October 2022, was AED 161,700; the unit has been rented since April 2013.

How big is unit 1205?

2,524 sqft (234.5 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1205 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.

Selling 1205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1205, Marina Residences 5

Starts from the last sale price (AED 4.63M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,625,000
Deposit, UAE resident (20%)
AED 925,000
Deposit, non-resident (40%)
AED 1,850,000
Monthly over 25 years at 3.7%
AED 18,922

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