308, Marina Residences 5
Sold prices and rental history: sold once, by the developer in January 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Marina Residences 5
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 March 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,858 sqft
- Floor
- 3rd of 14
- Parking
- CB1-203
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,000 /yr
- Last sold
- AED 2.92M · January 2011
- Building
- Marina Residences 5
About 308, Marina Residences 5
308 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. The developer sold it on 2 January 2011 for AED 2,920,700, or AED 1,572 per sqft, 11% above the AED 1,410 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 129,826 a year: a gross yield of 4.5% on the 2011 price, before the service charge of about AED 31,000 a year.
Sales and rents for 308 over time
308 has sold once; 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 308 sits
All 106 2-beds →308 last sold in January 2011 at AED 1,572 per sqft, 11% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,410). 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. 308's AED 129,826 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 | ||
| 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 | |
| 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 | |
| 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 |
308, Marina Residences 5 in numbers
- Sold once: by The Palm - Jumeirah Co on 2 January 2011 for AED 2,920,700, or AED 1,572 per sqft.
- Rented since February 2013 on 3 Ejari contracts, from AED 129,231 to AED 129,826 a year.
- At AED 129,826 a year the gross yield on the 2011 price is 4.5%, 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 1 March 2017.
Questions about 308, Marina Residences 5
What did unit 308 last sell for?
AED 2,920,700 on 2 January 2011, sold by the developer: AED 1,572 per sqft for 1,858 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 129,826 a year on the contract renewed on 1 March 2017. The previous contract, from March 2014, was AED 130,000; the unit has been rented since February 2013.
How big is unit 308?
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 308 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 308, Marina Residences 5
Starts from the last sale price (AED 2.92M, 2 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,920,700
- Deposit, UAE resident (20%)
- AED 584,140
- Deposit, non-resident (40%)
- AED 1,168,280
- Monthly over 25 years at 3.7%
- AED 11,949
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →