2-bed · 1,746 sqftMarina Residences 5, Palm Jumeirah · 5th floor · completed 2009

508, Marina Residences 5

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 13 February 2026
Last soldAED 2.81M5 June 2016
Current rentAED 187K /yr13 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Marina Residences 5

What is 508 worth today?

Last sold for AED 2,810,000 in 2016

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13 Feb 2026RentedNew contract
AED 187,162/yr6 months · AED 107 per sqft
13 Feb 2025RentedNew contract
AED 178,250/yr12 months · AED 102 per sqft
8 Feb 2023RentedRenewal
AED 147,875/yr12 months · AED 85 per sqft
13 Feb 2022RentedNew contract
AED 140,000/yr12 months · AED 80 per sqft
1 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
5 Jun 2016Sold by developerReady
AED 2,810,000AED 1,609 per sqft

Source: Dubai Land Department. Updated 13 February 2026.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
5th of 14
Parking
CB1-194
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.81M · June 2016

About 508, Marina Residences 5

508 is a two-bedroom apartment of 1,746 sqft on the 5th 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 5 June 2016 for AED 2,810,000, or AED 1,609 per sqft, 4% above the AED 1,549 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 13 February 2026, is AED 187,162 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 29,100 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, June 2016: AED 2,810,000 (AED 1,609 per sqft)

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

Rents
Unit 508, 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, August 2016: AED 160,000 a yearNew contract, February 2022: AED 140,000 a yearRenewal, February 2023: AED 147,875 a yearNew contract, February 2025: AED 178,250 a yearNew contract, February 2026: AED 187,162 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 508 sits

All 106 2-beds →

508 last sold in June 2016 at AED 1,609 per sqft, 4% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,549). 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. 508's AED 187,162 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 5th floor

All 162 units in Marina Residences 5
Value
5012-bedAED 2.78M · Aug 2023
5022-bedAED 3.85M · Jul 2026
5032-bedAED 1.4M · Mar 2010
5042-bedAED 2.7M · Jun 2017
5053-bedAED 2.53M · Apr 2020
5063-bedAED 6.07M · Nov 2010
5073-bedAED 4.38M · Jul 2023
1–7 of 10

508, Marina Residences 5 in numbers

  • Sold once: by The Palm - Jumeirah Co on 5 June 2016 for AED 2,810,000, or AED 1,609 per sqft.
  • Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 140,000 in 2022 and recovered to AED 187,162 by February 2026.
  • At AED 187,162 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 29,100 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 13 February 2026.

Questions about 508, Marina Residences 5

What did unit 508 last sell for?

AED 2,810,000 on 5 June 2016, sold by the developer: AED 1,609 per sqft for 1,746 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 187,162 a year on the contract signed on 13 February 2026. The previous contract, from February 2025, was AED 178,250; the unit has been rented since August 2016.

How big is unit 508?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 508 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 508, Marina Residences 5

Starts from the last sale price (AED 2.81M, 5 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,810,000
Deposit, UAE resident (20%)
AED 562,000
Deposit, non-resident (40%)
AED 1,124,000
Monthly over 25 years at 3.7%
AED 11,497

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