2-bed · 2,042 sqftMarina Residences 5, Palm Jumeirah · 2nd floor · completed 2009

203, Marina Residences 5

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 3 September 2020
Last soldAED 1.6M3 September 2020
Current rentAED 150K /yr5 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Marina Residences 5

What is 203 worth today?

Last sold for AED 1,600,000 in 2020

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3 Sep 2020SoldReady
AED 1,600,000AED 783 per sqft
5 Mar 2019RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
5 Mar 2017RentedRenewal
AED 185,000/yr12 months · AED 90 per sqft
5 Mar 2016RentedRenewal
AED 185,000/yr12 months · AED 90 per sqft
5 Mar 2015RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
5 Mar 2014RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
27 Feb 2014SoldReady
AED 3,300,000AED 1,616 per sqft
21 Mar 2010Sold by developerReady
AED 2,670,000AED 1,307 per sqft

Source: Dubai Land Department. Updated 3 September 2020.

Key facts

Type
2-bed apartment
Size
2,042 sqft
Floor
2nd of 14
Parking
CB1-216
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,000 /yr
Last sold
AED 1.6M · September 2020

About 203, Marina Residences 5

203 is a two-bedroom apartment of 2,042 sqft on the 2nd floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 3 September 2020 for AED 1,600,000, or AED 783 per sqft, 5% below the AED 824 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 5 March 2019, is AED 150,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 34,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2010: AED 2,670,000 (AED 1,307 per sqft)Sold, February 2014: AED 3,300,000 (AED 1,616 per sqft)Sold, September 2020: AED 1,600,000 (AED 783 per sqft)

203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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, March 2014: AED 180,000 a yearNew contract, March 2015: AED 180,000 a yearRenewal, March 2016: AED 185,000 a yearRenewal, March 2017: AED 185,000 a yearRenewal, March 2019: AED 150,000 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 203 sits

All 106 2-beds →

203 last sold in September 2020 at AED 783 per sqft, 5% below what two-beds in Marina Residences 5 were fetching at the time (AED 824). 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. 203's AED 150,000 is at the bottom 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 2nd floor

All 162 units in Marina Residences 5
Value
2012-bedAED 3.6M · Sep 2025
2022-bedAED 2.05M · Feb 2013
2042-bedAED 2.88M · Sep 2010
2053-bedAED 3.53M · Mar 2011
2063-bedAED 4.48M · Oct 2010
2073-bedAED 3.61M · Sep 2010
2082-bedAED 3.6M · Apr 2025
1–7 of 10

203, Marina Residences 5 in numbers

  • Sold 3 times: first on 21 March 2010 for AED 2,670,000, last on 3 September 2020 for AED 1,600,000 (AED 783 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2020 price is 9.4%, before a service charge of about AED 34,000 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 3 September 2020.

Questions about 203, Marina Residences 5

What did unit 203 last sell for?

AED 1,600,000 on 3 September 2020: AED 783 per sqft for 2,042 sqft. The unit has 3 registered sales; the first was AED 2,670,000 in March 2010.

What is the rent for unit 203?

AED 150,000 a year on the contract renewed on 5 March 2019. The previous contract, from March 2017, was AED 185,000; the unit has been rented since March 2014.

How big is unit 203?

2,042 sqft (189.7 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 203 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 203, Marina Residences 5

Starts from the last sale price (AED 1.6M, 3 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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