3-bed · 4,054 sqftMarina Residences 5, Palm Jumeirah · 13th floor · completed 2009

1306, Marina Residences 5

Sold prices and rental history: sold 4 times, last in August 2020, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 4.15M10 August 2020
Current rentAED 300K /yr10 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Marina Residences 5

What is 1306 worth today?

Last sold for AED 4,150,000 in 2020

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10 Aug 2020SoldReady
AED 4,150,000AED 1,023 per sqft
10 Aug 2018RentedNew contract
AED 300,000/yr12 months · AED 74 per sqft
29 Mar 2016SoldReady
AED 6,100,000AED 1,504 per sqft
2 Apr 2012SoldReady
AED 4,860,000AED 1,198 per sqft
12 Feb 2012Sold by developerReady
AED 4,810,000AED 1,186 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
13th of 14
Parking
CLG-149, E-G-G-6
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 4.15M · August 2020

About 1306, Marina Residences 5

1306 is a three-bedroom apartment of 4,054 sqft on the 13th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 August 2020 for AED 4,150,000, or AED 1,023 per sqft, 6% above the AED 962 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2018. The current contract, signed on 10 August 2018, is AED 300,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 67,600 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, February 2012: AED 4,810,000 (AED 1,186 per sqft)Sold, April 2012: AED 4,860,000 (AED 1,198 per sqft)Sold, March 2016: AED 6,100,000 (AED 1,504 per sqft)Sold, August 2020: AED 4,150,000 (AED 1,023 per sqft)

1306 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1306, 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, August 2018: AED 300,000 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 1306 sits

All 51 3-beds →

1306 last sold in August 2020 at AED 1,023 per sqft, 6% above what three-beds in Marina Residences 5 were fetching at the time (AED 962). 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. 1306's AED 300,000 is in the lower half 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 13th floor

All 162 units in Marina Residences 5
Value
13012-bedAED 2.78M · Jun 2015
13022-bedAED 2.53M · Oct 2011
13032-bedAED 2.46M · Feb 2013
13042-bedAED 1.7M · Nov 2011
13053-bedAED 4.45M · Apr 2014
13073-bedAED 5.55M · Sep 2024
13082-bedAED 3.57M · May 2024
1–7 of 10

1306, Marina Residences 5 in numbers

  • Sold 4 times: first on 12 February 2012 for AED 4,810,000, last on 10 August 2020 for AED 4,150,000 (AED 1,023 per sqft).
  • Rented since August 2018 on one Ejari contract, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 67,600 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 10 August 2020.

Questions about 1306, Marina Residences 5

What did unit 1306 last sell for?

AED 4,150,000 on 10 August 2020: AED 1,023 per sqft for 4,054 sqft. The unit has 4 registered sales; the first was AED 4,810,000 in February 2012.

What is the rent for unit 1306?

AED 300,000 a year on the contract signed on 10 August 2018.

How big is unit 1306?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.

What is unit 1306 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.

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Mortgage on 1306, Marina Residences 5

Starts from the last sale price (AED 4.15M, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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