3-bed · 2,439 sqftMarina Residences 5, Palm Jumeirah · 6th floor · completed 2009

605, Marina Residences 5

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 3.85M31 October 2022
Current rentAED 160K /yr13 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Marina Residences 5

What is 605 worth today?

Last sold for AED 3,850,000 in 2022

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31 Oct 2022SoldReady
AED 3,850,000AED 1,578 per sqft
13 Sep 2022RentedRenewal
AED 160,325/yr12 months · AED 66 per sqft
13 Sep 2021RentedRenewal
AED 145,750/yr12 months · AED 60 per sqft
13 Sep 2020RentedNew contract
AED 132,500/yr12 months · AED 54 per sqft
1 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
1 Aug 2018RentedRenewal
AED 160,000/yr12 months · AED 65 per sqft
1 Aug 2017RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
1 Mar 2016RentedNew contract
AED 205,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
6th of 14
Parking
CB1-147
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 40,700 /yr
Last sold
AED 3.85M · October 2022

About 605, Marina Residences 5

605 is a three-bedroom apartment of 2,439 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 31 October 2022 for AED 3,850,000, or AED 1,578 per sqft, in line with the AED 1,578 three-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 13 September 2022, is AED 160,325 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 40,700 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical three-bed in Marina Residences 5
4M6M20102014201820222026Typical sale price by year: 2010 AED 4,297,650; 2011 AED 3,430,000; 2012 AED 3,190,400; 2013 AED 3,650,900; 2014 AED 4,200,000; 2019 AED 3,900,000; 2020 AED 3,150,000; 2021 AED 3,840,000; 2022 AED 3,850,000; 2023 AED 4,562,500; 2024 AED 5,550,000; 2025 AED 6,475,000Sold by developer, November 2010: AED 3,350,000 (AED 1,373 per sqft)Sold, October 2022: AED 3,850,000 (AED 1,578 per sqft)

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

Rents
Unit 605, each contractTypical three-bed in Marina Residences 5
100K200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 222,500; 2014 AED 236,000; 2015 AED 250,000; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 175,450; 2023 AED 207,500; 2024 AED 256,500; 2025 AED 320,000; 2026 AED 314,750New contract, December 2012: AED 190,000 a yearNew contract, December 2014: AED 210,000 a yearNew contract, March 2016: AED 205,000 a yearNew contract, August 2017: AED 175,000 a yearRenewal, August 2018: AED 160,000 a yearRenewal, August 2019: AED 145,000 a yearNew contract, September 2020: AED 132,500 a yearRenewal, September 2021: AED 145,750 a yearRenewal, September 2022: AED 160,325 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Residences 5, and where 605 sits

All 51 3-beds →

605 last sold in October 2022 at AED 1,578 per sqft, in line with what three-beds in Marina Residences 5 were fetching at the time (AED 1,578). Over the last 12 months three-beds sold for AED 6,300,000 to 8,250,000, around AED 2,870 per sqft, and rent for AED 250,000 to 530,000 a year. 605's AED 160,325 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20266,300,000
23 Feb 20267,000,000
4 Dec 20258,250,000
7 Nov 20256,150,000
3 3-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
6042-bedAED 2.95M · May 2023
6063-bedAED 4.6M · Dec 2010
6073-bedAED 3.4M · May 2011
6082-bedAED 4.25M · Dec 2024
1–7 of 10

605, Marina Residences 5 in numbers

  • Sold twice: first on 25 November 2010 for AED 3,350,000, last on 31 October 2022 for AED 3,850,000 (AED 1,578 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 132,500 in 2020 and recovered to AED 160,325 by September 2022.
  • At AED 160,325 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 40,700 a year (AED 16.67 per sqft).
  • Three-beds in Marina Residences 5 sold for AED 6,300,000–8,250,000 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 31 October 2022.

Questions about 605, Marina Residences 5

What did unit 605 last sell for?

AED 3,850,000 on 31 October 2022: AED 1,578 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 3,350,000 in November 2010.

What is the rent for unit 605?

AED 160,325 a year on the contract renewed on 13 September 2022. The previous contract, from September 2021, was AED 145,750; the unit has been rented since December 2012.

How big is unit 605?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2009.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Residences 5 sold for AED 6,300,000 to 8,250,000 in the last 12 months, around AED 2,870 per sqft.

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Mortgage on 605, Marina Residences 5

Starts from the last sale price (AED 3.85M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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