304, Marina Residences 5
Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Marina Residences 5
What is 304 worth today?
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Source: Dubai Land Department. Updated 16 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,858 sqft
- Floor
- 3rd of 14
- Parking
- 5-B205
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,000 /yr
- Last sold
- AED 3.45M · October 2023
- Building
- Marina Residences 5
About 304, Marina Residences 5
304 is a two-bedroom apartment of 1,858 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 16 October 2023 for AED 3,450,000, or AED 1,857 per sqft, 22% above the AED 1,520 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 125,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 31,000 a year.
Sales and rents for 304 over time
304 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 304 sits
All 106 2-beds →304 last sold in October 2023 at AED 1,857 per sqft, 22% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,520). 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. 304's AED 125,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,867 sqft | 5,100,000 | 2,731 | ||
| 2 Oct 20262 October 2026 | 1,735 sqft | 4,450,000 | 2,564 | ||
| 28 Jul 202628 July 2026 | 1,735 sqft | 3,850,000 | 2,218 | ||
| 5 Jun 20265 June 2026 | 1,735 sqft | 4,900,000 | 2,823 |
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 3rd floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,950 sqft | AED 1.7MAED 1,700,000 · Apr 2021April 2021 | 200,000 /yr | |
| 302 | 2-bed | 2,041 sqft | AED 2.13MAED 2,125,000 · Sep 2018September 2018 | 208,877 /yr | |
| 303 | 2-bed | 1,935 sqft | AED 2.85MAED 2,850,000 · Apr 2015April 2015 | ||
| 305 | 3-bed | 2,440 sqft | AED 3.53MAED 3,530,800 · Oct 2010October 2010 | 304,500 /yr | |
| 306 | 3-bed | 4,053 sqft | AED 4.51MAED 4,510,000 · Nov 2010November 2010 | 395,000 /yr | |
| 307 | 3-bed | 2,440 sqft | AED 3.7MAED 3,698,400 · Mar 2011March 2011 | 170,000 /yr | |
| 308 | 2-bed | 1,858 sqft | AED 2.92MAED 2,920,700 · Jan 2011January 2011 | 129,826 /yr | |
| 309 | 2-bed | 1,935 sqft | AED 1.95MAED 1,949,900 · May 2015May 2015 | 190,000 /yr | |
| 310 | 2-bed | 2,041 sqft | AED 4.65MAED 4,650,000 · Dec 2025December 2025 | 120,000 /yr | |
| 311 | 2-bed | 1,950 sqft | AED 2.85MAED 2,850,000 · May 2014May 2014 | 130,680 /yr |
304, Marina Residences 5 in numbers
- Sold 4 times: first on 7 March 2010 for AED 3,312,800, last on 16 October 2023 for AED 3,450,000 (AED 1,857 per sqft).
- Rented since April 2015 on 7 Ejari contracts, from AED 185,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 31,000 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 16 October 2023.
Questions about 304, Marina Residences 5
What did unit 304 last sell for?
AED 3,450,000 on 16 October 2023: AED 1,857 per sqft for 1,858 sqft. The unit has 4 registered sales; the first was AED 3,312,800 in March 2010.
What is the rent for unit 304?
AED 125,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 125,000; the unit has been rented since April 2015.
How big is unit 304?
1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 304 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 304, Marina Residences 5
Starts from the last sale price (AED 3.45M, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →