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

309, Marina Residences 5

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 1.95M18 May 2015
Current rentAED 190K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Marina Residences 5

What is 309 worth today?

Last sold for AED 1,949,900 in 2015

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3 Sep 2026RentedNew contract
AED 190,000/yr12 months · AED 98 per sqft
4 Apr 2024RentedRenewal
AED 212,500/yr24 months · AED 110 per sqft
4 Apr 2022RentedRenewal
AED 145,000/yr24 months · AED 75 per sqft
4 Oct 2020RentedNew contract
AED 115,000/yr18 months · AED 59 per sqft
19 Jun 2019RentedNew contract
AED 137,000/yr12 months · AED 71 per sqft
19 Oct 2018RentedRenewal
AED 148,500/yr12 months · AED 77 per sqft
19 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
22 Oct 2016RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
2-bed apartment
Size
1,935 sqft
Floor
3rd of 14
Parking
CB1-201
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 32,300 /yr
Last sold
AED 1.95M · May 2015

About 309, Marina Residences 5

309 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. The developer sold it on 18 May 2015 for AED 1,949,900, or AED 1,007 per sqft, 35% below the AED 1,540 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 3 September 2026, is AED 190,000 a year: a gross yield of 9.7% on the 2015 price, before the service charge of about AED 32,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, May 2015: AED 1,949,900 (AED 1,007 per sqft)

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

Rents
Unit 309, 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, May 2015: AED 179,517 a yearNew contract, October 2016: AED 175,000 a yearNew contract, October 2017: AED 160,000 a yearRenewal, October 2018: AED 148,500 a yearNew contract, June 2019: AED 137,000 a yearNew contract, October 2020: AED 115,000 a yearRenewal, April 2022: AED 145,000 a yearRenewal, April 2024: AED 212,500 a yearNew contract, September 2026: AED 190,000 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 309 sits

All 106 2-beds →

309 last sold in May 2015 at AED 1,007 per sqft, 35% 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. 309's AED 190,000 is in the lower half 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 3rd floor

All 162 units in Marina Residences 5
Value
3012-bedAED 1.7M · Apr 2021
3022-bedAED 2.13M · Sep 2018
3032-bedAED 2.85M · Apr 2015
3042-bedAED 3.45M · Oct 2023
3053-bedAED 3.53M · Oct 2010
3063-bedAED 4.51M · Nov 2010
3073-bedAED 3.7M · Mar 2011
1–7 of 10

309, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 18 May 2015 for AED 1,949,900, or AED 1,007 per sqft.
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 179,517 to AED 115,000 in 2020 and recovered to AED 190,000 by September 2026.
  • At AED 190,000 a year the gross yield on the 2015 price is 9.7%, before a service charge of about AED 32,300 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 2026.

Questions about 309, Marina Residences 5

What did unit 309 last sell for?

AED 1,949,900 on 18 May 2015, sold by the developer: AED 1,007 per sqft for 1,935 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 190,000 a year on the contract signed on 3 September 2026. The previous contract, from April 2024, was AED 212,500; the unit has been rented since May 2015.

How big is unit 309?

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 309 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 309, Marina Residences 5

Starts from the last sale price (AED 1.95M, 18 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,949,900
Deposit, UAE resident (20%)
AED 389,980
Deposit, non-resident (40%)
AED 779,960
Monthly over 25 years at 3.7%
AED 7,978

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