306, Marina Residences 5
Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Marina Residences 5
What is 306 worth today?
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Source: Dubai Land Department. Updated 2 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 4,053 sqft
- Floor
- 3rd of 14
- Parking
- CB1-116, CB1-117
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 4.51M · November 2010
- Building
- Marina Residences 5
About 306, Marina Residences 5
306 is a three-bedroom apartment of 4,053 sqft on the 3rd floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. The developer sold it on 23 November 2010 for AED 4,510,000, or AED 1,112 per sqft, 11% below the AED 1,244 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 2 January 2025, is AED 395,000 a year: a gross yield of 8.8% on the 2010 price, before the service charge of about AED 67,600 a year.
Sales and rents for 306 over time
306 has sold once; 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 306 sits
All 51 3-beds →306 last sold in November 2010 at AED 1,112 per sqft, 11% below what three-beds in Marina Residences 5 were fetching at the time (AED 1,244). 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. 306's AED 395,000 is in the upper half 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 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 | ||
| 304 | 2-bed | 1,858 sqft | AED 3.45MAED 3,450,000 · Oct 2023October 2023 | 125,000 /yr | |
| 305 | 3-bed | 2,440 sqft | AED 3.53MAED 3,530,800 · Oct 2010October 2010 | 304,500 /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 |
306, Marina Residences 5 in numbers
- Sold once: by The Palm - Jumeirah Co on 23 November 2010 for AED 4,510,000, or AED 1,112 per sqft.
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 316,800 to AED 175,000 in 2021 and recovered to AED 395,000 by January 2025.
- At AED 395,000 a year the gross yield on the 2010 price is 8.8%, 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 2 January 2025.
Questions about 306, Marina Residences 5
What did unit 306 last sell for?
AED 4,510,000 on 23 November 2010, sold by the developer: AED 1,112 per sqft for 4,053 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 395,000 a year on the contract renewed on 2 January 2025. The previous contract, from January 2024, was AED 395,000; the unit has been rented since May 2013.
How big is unit 306?
4,053 sqft (376.5 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.
What is unit 306 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 306, Marina Residences 5
Starts from the last sale price (AED 4.51M, 23 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 4,510,000
- Deposit, UAE resident (20%)
- AED 902,000
- Deposit, non-resident (40%)
- AED 1,804,000
- Monthly over 25 years at 3.7%
- AED 18,452
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →