2-bed · 1,746 sqftMarina Residences 5, Palm Jumeirah · 6th floor · completed 2009

604, Marina Residences 5

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 10 September 2023
Last soldAED 2.95M5 May 2023
Current rentAED 225K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Marina Residences 5

What is 604 worth today?

Last sold for AED 2,950,000 in 2023

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10 Sep 2023RentedNew contract
AED 225,000/yr12 months · AED 129 per sqft
5 May 2023SoldReady
AED 2,950,000AED 1,689 per sqft
1 Jul 2022RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
25 Jun 2021RentedRenewal
AED 110,000/yr12 months · AED 63 per sqft
25 Jun 2020RentedRenewal
AED 115,000/yr12 months · AED 66 per sqft
25 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
30 Dec 2017RentedNew contract
AED 179,000/yr12 months · AED 103 per sqft
30 Dec 2014RentedNew contract
AED 180,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 10 September 2023.

Key facts

Type
2-bed apartment
Size
1,746 sqft
Floor
6th of 14
Parking
5-B204
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 29,100 /yr
Last sold
AED 2.95M · May 2023

About 604, Marina Residences 5

604 is a two-bedroom apartment of 1,746 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 5 May 2023 for AED 2,950,000, or AED 1,689 per sqft, 26% above the AED 1,342 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 September 2023, is AED 225,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, September 2011: AED 2,719,700 (AED 1,557 per sqft)Sold, May 2023: AED 2,950,000 (AED 1,689 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Marina Residences 5
100K200K2012201620202024Typical 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, January 2013: AED 137,500 a yearNew contract, January 2014: AED 137,501 a yearNew contract, December 2014: AED 180,000 a yearNew contract, December 2017: AED 179,000 a yearNew contract, June 2019: AED 120,000 a yearRenewal, June 2020: AED 115,000 a yearRenewal, June 2021: AED 110,000 a yearNew contract, July 2022: AED 150,000 a yearNew contract, September 2023: AED 225,000 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 604 sits

All 106 2-beds →

604 last sold in May 2023 at AED 1,689 per sqft, 26% above what two-beds in Marina Residences 5 were fetching at the time (AED 1,342). 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. 604's AED 225,000 is in the upper 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 6th floor

All 162 units in Marina Residences 5
Value
6012-bedAED 3M · Apr 2024
6022-bedAED 4.9M · Jun 2026
6032-bedAED 3.35M · Nov 2023
6053-bedAED 3.85M · Oct 2022
6063-bedAED 4.6M · Dec 2010
6073-bedAED 3.4M · May 2011
6082-bedAED 4.25M · Dec 2024
1–7 of 10

604, Marina Residences 5 in numbers

  • Sold twice: first on 7 September 2011 for AED 2,719,700, last on 5 May 2023 for AED 2,950,000 (AED 1,689 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 137,500 to AED 110,000 in 2021 and recovered to AED 225,000 by September 2023.
  • At AED 225,000 a year the gross yield on the 2023 price is 7.6%, 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 10 September 2023.

Questions about 604, Marina Residences 5

What did unit 604 last sell for?

AED 2,950,000 on 5 May 2023: AED 1,689 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 2,719,700 in September 2011.

What is the rent for unit 604?

AED 225,000 a year on the contract signed on 10 September 2023. The previous contract, from July 2022, was AED 150,000; the unit has been rented since January 2013.

How big is unit 604?

1,746 sqft (162.2 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 604 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 604, Marina Residences 5

Starts from the last sale price (AED 2.95M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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