2-bed · 1,746 sqftMarina Residences 5, Palm Jumeirah · 12th floor · completed 2009

1208, Marina Residences 5

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

Unit 1208 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 3.3M23 March 2014
Current rentAED 167K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Marina Residences 5

What is 1208 worth today?

Last sold for AED 3,300,000 in 2014

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7 Apr 2025RentedRenewal
AED 167,360/yr4 months · AED 96 per sqft
7 Apr 2025RentedRenewal
AED 167,360/yr4 months · AED 96 per sqft
7 Apr 2024RentedRenewal
AED 145,530/yr12 months · AED 83 per sqft
7 Apr 2023RentedRenewal
AED 132,300/yr12 months · AED 76 per sqft
7 Jul 2022RentedRenewal
AED 126,000/yr9 months · AED 72 per sqft
7 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
7 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
7 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
12th of 14
Parking
CLG-184
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 3.3M · March 2014

About 1208, Marina Residences 5

1208 is a two-bedroom apartment of 1,746 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 23 March 2014 for AED 3,300,000, or AED 1,890 per sqft, 28% above the AED 1,477 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 167,360 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 29,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, November 2010: AED 2,970,000 (AED 1,701 per sqft)Sold, March 2014: AED 3,300,000 (AED 1,890 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, 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 2014: AED 190,000 a yearNew contract, April 2015: AED 190,000 a yearRenewal, April 2016: AED 175,000 a yearRenewal, April 2017: AED 170,000 a yearRenewal, April 2018: AED 170,000 a yearNew contract, July 2018: AED 145,000 a yearRenewal, July 2019: AED 140,000 a yearRenewal, July 2020: AED 120,000 a yearRenewal, July 2021: AED 120,000 a yearRenewal, July 2022: AED 126,000 a yearRenewal, April 2023: AED 132,300 a yearRenewal, April 2024: AED 145,530 a yearRenewal, April 2025: AED 167,360 a yearRenewal, April 2025: AED 167,360 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 1208 sits

All 106 2-beds →

1208 last sold in March 2014 at AED 1,890 per sqft, 28% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,477). 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. 1208's AED 167,360 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 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
12053-bedAED 4.63M · Oct 2023
12063-bedAED 7.2M · Sep 2022
12073-bedAED 1.6M · May 2012
1–7 of 10

1208, Marina Residences 5 in numbers

  • Sold twice: first on 24 November 2010 for AED 2,970,000, last on 23 March 2014 for AED 3,300,000 (AED 1,890 per sqft).
  • Rented since April 2014 on 14 Ejari contracts. The rent fell from AED 190,000 to AED 120,000 in 2021 and recovered to AED 167,360 by April 2025.
  • At AED 167,360 a year the gross yield on the 2014 price is 5.1%, before a service charge of about AED 29,100 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 7 April 2025.

Questions about 1208, Marina Residences 5

What did unit 1208 last sell for?

AED 3,300,000 on 23 March 2014: AED 1,890 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 2,970,000 in November 2010.

What is the rent for unit 1208?

AED 167,360 a year on the contract renewed on 7 April 2025. The previous contract, from April 2025, was AED 167,360; the unit has been rented since April 2014.

How big is unit 1208?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2009.

What is unit 1208 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 1208, Marina Residences 5

Starts from the last sale price (AED 3.3M, 23 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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