511, Marina Residences 5
Sold prices and rental history: sold twice, last in April 2018, 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 511, Marina Residences 5
What is 511 worth today?
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Source: Dubai Land Department. Updated 25 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,870 sqft
- Floor
- 5th of 14
- Parking
- CB1-38
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.03M · April 2018
- Building
- Marina Residences 5
About 511, Marina Residences 5
511 is a two-bedroom apartment of 1,870 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 25 April 2018 for AED 2,025,000, or AED 1,082 per sqft, 26% below the AED 1,457 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 15 December 2016, is AED 150,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 31,200 a year.
Sales and rents for 511 over time
511 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 511 sits
All 106 2-beds →511 last sold in April 2018 at AED 1,082 per sqft, 26% below what two-beds in Marina Residences 5 were fetching at the time (AED 1,457). 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. 511's AED 150,000 is at the bottom 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 | |
| 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, Marina Residences 5 in numbers
- Sold twice: first on 22 November 2010 for AED 2,494,000, last on 25 April 2018 for AED 2,025,000 (AED 1,082 per sqft).
- Rented since December 2012 on 5 Ejari contracts, from AED 115,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 31,200 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 25 April 2018.
Questions about 511, Marina Residences 5
What did unit 511 last sell for?
AED 2,025,000 on 25 April 2018: AED 1,082 per sqft for 1,870 sqft. The unit has 2 registered sales; the first was AED 2,494,000 in November 2010.
What is the rent for unit 511?
AED 150,000 a year on the contract renewed on 15 December 2016. The previous contract, from December 2015, was AED 140,000; the unit has been rented since December 2012.
How big is unit 511?
1,870 sqft (173.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 511 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 511, Marina Residences 5
Starts from the last sale price (AED 2.03M, 25 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,025,000
- Deposit, UAE resident (20%)
- AED 405,000
- Deposit, non-resident (40%)
- AED 810,000
- Monthly over 25 years at 3.7%
- AED 8,285
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →