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2-bed · 1,935 sqftMarina Residences 5, Palm Jumeirah · 3rd floor · completed 2009

303, Marina Residences 5

Sold prices and rental history: sold twice, last in April 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 9 April 2015
Last soldAED 2.85M9 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Marina Residences 5

What is 303 worth today?

Last sold for AED 2,850,000 in 2015

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9 Apr 2015SoldReady
AED 2,850,000AED 1,472 per sqft
23 Nov 2010Sold by developerReady
AED 2,879,400AED 1,487 per sqft

Source: Dubai Land Department. Updated 9 April 2015.

Key facts

Type
2-bed apartment
Size
1,935 sqft
Floor
3rd of 14
Parking
CB1-207
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,300 /yr
Last sold
AED 2.85M · April 2015
Building
Marina Residences 5

About 303, Marina Residences 5

303 is a two-bedroom apartment of 1,935 sqft on the 3rd floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 9 April 2015 for AED 2,850,000, or AED 1,472 per sqft, 4% below the AED 1,540 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, 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 2,879,400 (AED 1,487 per sqft)Sold, April 2015: AED 2,850,000 (AED 1,472 per sqft)

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

Rents
Unit 303, 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 200,000

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 303 sits

All 106 2-beds →

303 last sold in April 2015 at AED 1,472 per sqft, 4% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,540). 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.

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 3rd floor

All 162 units in Marina Residences 5
Value
3012-bedAED 1.7M · Apr 2021
3022-bedAED 2.13M · Sep 2018
3042-bedAED 3.45M · Oct 2023
3053-bedAED 3.53M · Oct 2010
3063-bedAED 4.51M · Nov 2010
3073-bedAED 3.7M · Mar 2011
3082-bedAED 2.92M · Jan 2011
1–7 of 10

303, Marina Residences 5 in numbers

  • Sold twice: first on 23 November 2010 for AED 2,879,400, last on 9 April 2015 for AED 2,850,000 (AED 1,472 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 9 April 2015.

Questions about 303, Marina Residences 5

What did unit 303 last sell for?

AED 2,850,000 on 9 April 2015: AED 1,472 per sqft for 1,935 sqft. The unit has 2 registered sales; the first was AED 2,879,400 in November 2010.

How big is unit 303?

1,935 sqft (179.8 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 303 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 303, Marina Residences 5

Starts from the last sale price (AED 2.85M, 9 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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