603, Marina Residences 5
Sold prices and rental history: sold 3 times, last in November 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 603, Marina Residences 5
What is 603 worth today?
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Source: Dubai Land Department. Updated 14 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,735 sqft
- Floor
- 6th of 14
- Parking
- 5-B202
- Developer
- The Palm - Jumeirah Co
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 3.35M · November 2023
- Building
- Marina Residences 5
About 603, Marina Residences 5
603 is a two-bedroom apartment of 1,735 sqft on the 6th floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 14 November 2023 for AED 3,350,000, or AED 1,930 per sqft, 18% above the AED 1,632 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 185,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 28,900 a year.
Sales and rents for 603 over time
603 has sold 3 times; 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 603 sits
All 106 2-beds →603 last sold in November 2023 at AED 1,930 per sqft, 18% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,632). 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. 603's AED 185,000 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 6th floor
All 162 units in Marina Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,870 sqft | AED 3MAED 3,000,000 · Apr 2024April 2024 | 130,000 /yr | |
| 602 | 2-bed | 1,735 sqft | AED 4.9MAED 4,900,000 · Jun 2026June 2026 | 167,877 /yr | |
| 604 | 2-bed | 1,746 sqft | AED 2.95MAED 2,950,000 · May 2023May 2023 | 225,000 /yr | |
| 605 | 3-bed | 2,439 sqft | AED 3.85MAED 3,850,000 · Oct 2022October 2022 | 160,325 /yr | |
| 606 | 3-bed | 4,054 sqft | AED 4.6MAED 4,600,000 · Dec 2010December 2010 | ||
| 607 | 3-bed | 2,439 sqft | AED 3.4MAED 3,400,000 · May 2011May 2011 | 300,000 /yr | |
| 608 | 2-bed | 1,746 sqft | AED 4.25MAED 4,250,000 · Dec 2024December 2024 | ||
| 609 | 2-bed | 867 sqft | AED 2.84MAED 2,835,000 · Nov 2010November 2010 | 200,000 /yr | |
| 610 | 2-bed | 1,735 sqft | AED 3.48MAED 3,475,000 · Mar 2024March 2024 | 160,000 /yr | |
| 611 | 2-bed | 1,870 sqft | AED 2.37MAED 2,370,000 · Aug 2022August 2022 | 115,000 /yr |
603, Marina Residences 5 in numbers
- Sold 3 times: first on 14 December 2010 for AED 2,714,100, last on 14 November 2023 for AED 3,350,000 (AED 1,930 per sqft).
- Rented since July 2012 on 9 Ejari contracts, from AED 140,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2023 price is 5.5%, 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 14 November 2023.
Questions about 603, Marina Residences 5
What did unit 603 last sell for?
AED 3,350,000 on 14 November 2023: AED 1,930 per sqft for 1,735 sqft. The unit has 3 registered sales; the first was AED 2,714,100 in December 2010.
What is the rent for unit 603?
AED 185,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 165,000; the unit has been rented since July 2012.
How big is unit 603?
1,735 sqft (161.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.
What is unit 603 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 603, Marina Residences 5
Starts from the last sale price (AED 3.35M, 14 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,350,000
- Deposit, UAE resident (20%)
- AED 670,000
- Deposit, non-resident (40%)
- AED 1,340,000
- Monthly over 25 years at 3.7%
- AED 13,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →