509, Marina Residences 5
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Marina Residences 5
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 5th of 14
- Parking
- CLG-132, CLG-134
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.79M · April 2016
- Building
- Marina Residences 5
About 509, Marina Residences 5
509 is a two-bedroom apartment of 1,735 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 13 April 2016 for AED 2,790,000, or AED 1,608 per sqft, 10% above the AED 1,460 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 240,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 28,900 a year.
Sales and rents for 509 over time
509 has sold once; 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 509 sits
All 106 2-beds →509 last sold in April 2016 at AED 1,608 per sqft, 10% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,460). 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. 509's AED 240,000 is in the upper 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 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 | |
| 507 | 3-bed | 2,439 sqft | AED 4.38MAED 4,375,000 · Jul 2023July 2023 | 182,000 /yr | |
| 508 | 2-bed | 1,746 sqft | AED 2.81MAED 2,810,000 · Jun 2016June 2016 | 187,162 /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 |
509, Marina Residences 5 in numbers
- Sold once: by The Palm - Jumeirah Co on 13 April 2016 for AED 2,790,000, or AED 1,608 per sqft.
- Rented since July 2020 on 4 Ejari contracts, from AED 90,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 28,900 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 1 September 2025.
Questions about 509, Marina Residences 5
What did unit 509 last sell for?
AED 2,790,000 on 13 April 2016, sold by the developer: AED 1,608 per sqft for 1,735 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 240,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 240,000; the unit has been rented since July 2020.
How big is unit 509?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 509 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 509, Marina Residences 5
Starts from the last sale price (AED 2.79M, 13 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,790,000
- Deposit, UAE resident (20%)
- AED 558,000
- Deposit, non-resident (40%)
- AED 1,116,000
- Monthly over 25 years at 3.7%
- AED 11,415
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →