2-bed · 1,778 sqftMarina Residences 5, Palm Jumeirah · 13th floor · completed 2009

1302, Marina Residences 5

Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 2.53M13 October 2011
Current rentAED 195K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Residences 5

What is 1302 worth today?

Last sold for AED 2,532,900 in 2011

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15 Mar 2025RentedNew contract
AED 195,000/yr12 months · AED 110 per sqft
15 Mar 2025RentedNew contract
AED 195,000/yr12 months · AED 110 per sqft
1 Feb 2024RentedRenewal
AED 145,000/yr12 months · AED 82 per sqft
1 Feb 2023RentedRenewal
AED 135,000/yr12 months · AED 76 per sqft
1 Feb 2022RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
1 Feb 2021RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
1 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
1 Feb 2019RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
1,778 sqft
Floor
13th of 14
Parking
CLG-165
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.53M · October 2011

About 1302, Marina Residences 5

1302 is a two-bedroom apartment of 1,778 sqft on the 13th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 13 October 2011 for AED 2,532,900, or AED 1,424 per sqft, in line with the AED 1,415 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 15 March 2025, is AED 195,000 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, October 2011: AED 2,532,900 (AED 1,424 per sqft)

1302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, 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, December 2013: AED 142,000 a yearNew contract, December 2014: AED 165,000 a yearNew contract, January 2016: AED 170,000 a yearNew contract, January 2017: AED 165,000 a yearNew contract, February 2019: AED 140,000 a yearRenewal, February 2020: AED 130,000 a yearRenewal, February 2021: AED 130,000 a yearRenewal, February 2022: AED 130,000 a yearRenewal, February 2023: AED 135,000 a yearRenewal, February 2024: AED 145,000 a yearNew contract, March 2025: AED 195,000 a yearNew contract, March 2025: AED 195,000 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 1302 sits

All 106 2-beds →

1302 last sold in October 2011 at AED 1,424 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,415). 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. 1302's AED 195,000 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 13th floor

All 162 units in Marina Residences 5
Value
13012-bedAED 2.78M · Jun 2015
13032-bedAED 2.46M · Feb 2013
13042-bedAED 1.7M · Nov 2011
13053-bedAED 4.45M · Apr 2014
13063-bedAED 4.15M · Aug 2020
13073-bedAED 5.55M · Sep 2024
13082-bedAED 3.57M · May 2024
1–7 of 10

1302, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 October 2011 for AED 2,532,900, or AED 1,424 per sqft.
  • Rented since December 2013 on 12 Ejari contracts, from AED 142,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2011 price is 7.7%, 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 15 March 2025.

Questions about 1302, Marina Residences 5

What did unit 1302 last sell for?

AED 2,532,900 on 13 October 2011, sold by the developer: AED 1,424 per sqft for 1,778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 195,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 195,000; the unit has been rented since December 2013.

How big is unit 1302?

1,778 sqft (165.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1302 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 1302, Marina Residences 5

Starts from the last sale price (AED 2.53M, 13 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,532,900
Deposit, UAE resident (20%)
AED 506,580
Deposit, non-resident (40%)
AED 1,013,160
Monthly over 25 years at 3.7%
AED 10,363

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