1307, Marina Residences 5
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, Marina Residences 5
What is 1307 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,524 sqft
- Floor
- 13th of 14
- Parking
- 5-B162,5-LG141
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 42,100 /yr
- Last sold
- AED 5.55M · September 2024
- Building
- Marina Residences 5
About 1307, Marina Residences 5
1307 is a three-bedroom apartment of 2,524 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 25 September 2024 for AED 5,550,000, or AED 2,198 per sqft, 14% above the AED 1,931 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 216,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1307 over time
1307 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1307 sits
All 51 3-beds →1307 last sold in September 2024 at AED 2,198 per sqft, 14% above what three-beds in Marina Residences 5 were fetching at the time (AED 1,931). 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. 1307's AED 216,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 2,736 sqft | 6,300,000 | 2,302 | ||
| 23 Feb 202623 February 2026 | 2,439 sqft | 7,000,000 | 2,870 | ||
| 4 Dec 20254 December 2025 | 2,736 sqft | 8,250,000 | 3,015 | ||
| 7 Nov 20257 November 2025 | 2,751 sqft | 6,150,000 | 2,235 |
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 13th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 2,019 sqft | AED 2.78MAED 2,775,000 · Jun 2015June 2015 | 215,000 /yr | |
| 1302 | 2-bed | 1,778 sqft | AED 2.53MAED 2,532,900 · Oct 2011October 2011 | 195,000 /yr | |
| 1303 | 2-bed | 1,778 sqft | AED 2.46MAED 2,462,000 · Feb 2013February 2013 | 120,000 /yr | |
| 1304 | 2-bed | 1,746 sqft | AED 1.7MAED 1,700,000 · Nov 2011November 2011 | 202,500 /yr | |
| 1305 | 3-bed | 2,524 sqft | AED 4.45MAED 4,450,000 · Apr 2014April 2014 | 310,000 /yr | |
| 1306 | 3-bed | 4,054 sqft | AED 4.15MAED 4,150,000 · Aug 2020August 2020 | 300,000 /yr | |
| 1308 | 2-bed | 1,746 sqft | AED 3.57MAED 3,570,000 · May 2024May 2024 | 200,000 /yr | |
| 1309 | 2-bed | 1,778 sqft | AED 3.55MAED 3,550,000 · May 2024May 2024 | 130,000 /yr | |
| 1310 | 2-bed | 1,778 sqft | AED 2.62MAED 2,620,000 · Dec 2022December 2022 | 100,000 /yr | |
| 1311 | 2-bed | 2,019 sqft | AED 2.3MAED 2,300,000 · Sep 2017September 2017 | 158,400 /yr |
1307, Marina Residences 5 in numbers
- Sold twice: first on 24 November 2010 for AED 3,610,000, last on 25 September 2024 for AED 5,550,000 (AED 2,198 per sqft).
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 230,000 to AED 190,000 in 2021 and recovered to AED 216,000 by April 2024.
- At AED 216,000 a year the gross yield on the 2024 price is 3.9%, 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 25 September 2024.
Questions about 1307, Marina Residences 5
What did unit 1307 last sell for?
AED 5,550,000 on 25 September 2024: AED 2,198 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 3,610,000 in November 2010.
What is the rent for unit 1307?
AED 216,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 205,000; the unit has been rented since April 2014.
How big is unit 1307?
2,524 sqft (234.5 sqm): a three-bedroom apartment on the 13th floor of a 14-storey tower completed in 2009.
What is unit 1307 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 1307, Marina Residences 5
Starts from the last sale price (AED 5.55M, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,550,000
- Deposit, UAE resident (20%)
- AED 1,110,000
- Deposit, non-resident (40%)
- AED 2,220,000
- Monthly over 25 years at 3.7%
- AED 22,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →