408, Marina Residences 5
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Residences 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,867 sqft
- Floor
- 4th of 14
- Parking
- 5-B191
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,100 /yr
- Last sold
- AED 3.7M · August 2024
- Building
- Marina Residences 5
About 408, Marina Residences 5
408 is a two-bedroom apartment of 1,867 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 26 August 2024 for AED 3,700,000, or AED 1,981 per sqft, 3% above the AED 1,921 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 July 2023, is AED 220,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 31,100 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 106 2-beds →408 last sold in August 2024 at AED 1,981 per sqft, 3% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,921). 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. 408's AED 220,000 is in the lower half 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 4th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,936 sqft | AED 2.5MAED 2,500,000 · Apr 2016April 2016 | 170,000 /yr | |
| 402 | 2-bed | 1,734 sqft | AED 1.35MAED 1,350,000 · Apr 2017April 2017 | 120,000 /yr | |
| 403 | 2-bed | 1,927 sqft | AED 4.4MAED 4,400,000 · Jul 2025July 2025 | 220,000 /yr | |
| 404 | 2-bed | 1,867 sqft | AED 5.1MAED 5,100,000 · Oct 2026October 2026 | 190,000 /yr | |
| 405 | 3-bed | 2,440 sqft | AED 3.76MAED 3,758,800 · Feb 2013February 2013 | 300,000 /yr | |
| 406 | 3-bed | 4,054 sqft | AED 3.95MAED 3,950,000 · May 2021May 2021 | 194,764 /yr | |
| 407 | 3-bed | 2,440 sqft | AED 3.54MAED 3,543,000 · Mar 2013March 2013 | 320,000 /yr | |
| 409 | 2-bed | 1,928 sqft | AED 2.91MAED 2,914,400 · May 2013May 2013 | 181,957 /yr | |
| 410 | 2-bed | 1,734 sqft | AED 1.43MAED 1,434,400 · Apr 2011April 2011 | 105,000 /yr | |
| 411 | 2-bed | 1,936 sqft | AED 4MAED 4,000,000 · Nov 2025November 2025 | 300,000 /yr |
408, Marina Residences 5 in numbers
- Sold twice: first on 11 June 2012 for AED 2,962,100, last on 26 August 2024 for AED 3,700,000 (AED 1,981 per sqft).
- Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2020 and recovered to AED 220,000 by July 2023.
- At AED 220,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 31,100 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 26 August 2024.
Questions about 408, Marina Residences 5
What did unit 408 last sell for?
AED 3,700,000 on 26 August 2024: AED 1,981 per sqft for 1,867 sqft. The unit has 2 registered sales; the first was AED 2,962,100 in June 2012.
What is the rent for unit 408?
AED 220,000 a year on the contract signed on 15 July 2023. The previous contract, from October 2022, was AED 210,000; the unit has been rented since March 2014.
How big is unit 408?
1,867 sqft (173.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2009.
What is unit 408 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 408, Marina Residences 5
Starts from the last sale price (AED 3.7M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →