507, Marina Residences 5
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Marina Residences 5
What is 507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,439 sqft
- Floor
- 5th of 14
- Parking
- 5-B151
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 40,700 /yr
- Last sold
- AED 4.38M · July 2023
- Building
- Marina Residences 5
About 507, Marina Residences 5
507 is a three-bedroom apartment of 2,439 sqft on the 5th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 27 July 2023 for AED 4,375,000, or AED 1,793 per sqft, 10% above the AED 1,634 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 182,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 40,700 a year.
Sales and rents for 507 over time
507 has sold twice; 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 507 sits
All 51 3-beds →507 last sold in July 2023 at AED 1,793 per sqft, 10% above what three-beds in Marina Residences 5 were fetching at the time (AED 1,634). 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. 507's AED 182,000 is at the bottom 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 5th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,870 sqft | AED 2.78MAED 2,775,000 · Aug 2023August 2023 | 95,000 /yr | |
| 502 | 2-bed | 1,735 sqft | AED 3.85MAED 3,850,000 · Jul 2026July 2026 | 240,000 /yr | |
| 503 | 2-bed | 1,735 sqft | AED 1.4MAED 1,395,500 · Mar 2010March 2010 | 183,000 /yr | |
| 504 | 2-bed | 1,746 sqft | AED 2.7MAED 2,700,000 · Jun 2017June 2017 | 215,000 /yr | |
| 505 | 3-bed | 2,439 sqft | AED 2.53MAED 2,525,000 · Apr 2020April 2020 | ||
| 506 | 3-bed | 4,053 sqft | AED 6.07MAED 6,067,000 · Nov 2010November 2010 | 150,000 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 2.81MAED 2,810,000 · Jun 2016June 2016 | 187,162 /yr | |
| 509 | 2-bed | 1,735 sqft | AED 2.79MAED 2,790,000 · Apr 2016April 2016 | 240,000 /yr | |
| 510 | 2-bed | 1,735 sqft | AED 2.75MAED 2,747,000 · Nov 2010November 2010 | 202,500 /yr | |
| 511 | 2-bed | 1,870 sqft | AED 2.03MAED 2,025,000 · Apr 2018April 2018 | 150,000 /yr |
507, Marina Residences 5 in numbers
- Sold twice: first on 17 August 2011 for AED 3,601,000, last on 27 July 2023 for AED 4,375,000 (AED 1,793 per sqft).
- Rented since September 2012 on 11 Ejari contracts, from AED 246,500 to AED 182,000 a year.
- At AED 182,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 40,700 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 27 July 2023.
Questions about 507, Marina Residences 5
What did unit 507 last sell for?
AED 4,375,000 on 27 July 2023: AED 1,793 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 3,601,000 in August 2011.
What is the rent for unit 507?
AED 182,000 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 173,000; the unit has been rented since September 2012.
How big is unit 507?
2,439 sqft (226.6 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 507 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.
Selling 507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 507, Marina Residences 5
Starts from the last sale price (AED 4.38M, 27 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,375,000
- Deposit, UAE resident (20%)
- AED 875,000
- Deposit, non-resident (40%)
- AED 1,750,000
- Monthly over 25 years at 3.7%
- AED 17,899
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →