3-bed · 4,054 sqftMarina Residences 5, Palm Jumeirah · 4th floor · completed 2009

406, Marina Residences 5

Sold prices and rental history: sold 6 times, last in May 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 2 May 2021
Last soldAED 3.95M2 May 2021
Current rentAED 195K /yr11 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Residences 5

What is 406 worth today?

Last sold for AED 3,950,000 in 2021

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2 May 2021SoldReady
AED 3,950,000AED 974 per sqft
7 May 2020SoldReady
AED 3,150,000AED 777 per sqft
5 Dec 2019SoldReady
AED 2,805,000AED 691 per sqft
11 Jan 2019RentedNew contract
AED 194,764/yr12 months · AED 48 per sqft
1 Jan 2018RentedRenewal
AED 194,764/yr12 months · AED 48 per sqft
1 Jan 2017RentedNew contract
AED 245,000/yr12 months · AED 60 per sqft
9 Nov 2011SoldReady
AED 4,200,000AED 1,036 per sqft
21 Jul 2010SoldReady
AED 3,900,000AED 962 per sqft

Source: Dubai Land Department. Updated 2 May 2021.

Key facts

Type
3-bed apartment
Size
4,054 sqft
Floor
4th of 14
Parking
CB1-119, CB1-120
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 3.95M · May 2021

About 406, Marina Residences 5

406 is a three-bedroom apartment of 4,054 sqft on the 4th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 2 May 2021 for AED 3,950,000, or AED 974 per sqft, in line with the AED 999 three-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 11 January 2019, is AED 194,764 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 67,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in Marina Residences 5
4M6M20102014201820222026Typical sale price by year: 2010 AED 4,297,650; 2011 AED 3,430,000; 2012 AED 3,190,400; 2013 AED 3,650,900; 2014 AED 4,200,000; 2019 AED 3,900,000; 2020 AED 3,150,000; 2021 AED 3,840,000; 2022 AED 3,850,000; 2023 AED 4,562,500; 2024 AED 5,550,000; 2025 AED 6,475,000Sold by developer, June 2010: AED 4,540,000 (AED 1,120 per sqft)Sold, July 2010: AED 3,900,000 (AED 962 per sqft)Sold, November 2011: AED 4,200,000 (AED 1,036 per sqft)Sold, December 2019: AED 2,805,000 (AED 691 per sqft)Sold, May 2020: AED 3,150,000 (AED 777 per sqft)Sold, May 2021: AED 3,950,000 (AED 974 per sqft)

406 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 406, each contractTypical three-bed in Marina Residences 5
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 222,500; 2014 AED 236,000; 2015 AED 250,000; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 175,450; 2023 AED 207,500; 2024 AED 256,500; 2025 AED 320,000; 2026 AED 314,750New contract, January 2017: AED 245,000 a yearRenewal, January 2018: AED 194,764 a yearNew contract, January 2019: AED 194,764 a year

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 406 sits

All 51 3-beds →

406 last sold in May 2021 at AED 974 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 999). 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. 406's AED 194,764 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20266,300,000
23 Feb 20267,000,000
4 Dec 20258,250,000
7 Nov 20256,150,000
3 3-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 4th floor

All 162 units in Marina Residences 5
Value
4012-bedAED 2.5M · Apr 2016
4022-bedAED 1.35M · Apr 2017
4032-bedAED 4.4M · Jul 2025
4042-bedAED 5.1M · Oct 2026
4053-bedAED 3.76M · Feb 2013
4073-bedAED 3.54M · Mar 2013
4082-bedAED 3.7M · Aug 2024
1–7 of 10

406, Marina Residences 5 in numbers

  • Sold 6 times: first on 24 June 2010 for AED 4,540,000, last on 2 May 2021 for AED 3,950,000 (AED 974 per sqft).
  • Rented since January 2017 on 3 Ejari contracts, from AED 245,000 to AED 194,764 a year.
  • At AED 194,764 a year the gross yield on the 2021 price is 4.9%, 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 May 2021.

Questions about 406, Marina Residences 5

What did unit 406 last sell for?

AED 3,950,000 on 2 May 2021: AED 974 per sqft for 4,054 sqft. The unit has 6 registered sales; the first was AED 4,540,000 in June 2010.

What is the rent for unit 406?

AED 194,764 a year on the contract signed on 11 January 2019. The previous contract, from January 2018, was AED 194,764; the unit has been rented since January 2017.

How big is unit 406?

4,054 sqft (376.6 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.

What is unit 406 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 406, Marina Residences 5

Starts from the last sale price (AED 3.95M, 2 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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